McKinsey analysis based on a range of macroeconomic assumptions suggests semiconductor industry’s aggregate annual growth could average from 6 to 8 percent a year up to 2030.
$1 trillion dollar industry by the end of the decade, assuming average price increases of about 2 percent a year and a return to balanced supply and demand after current volatility.
Drilling down into individual subsegments, about 70 percent of growth is predicted to be driven by just three industries: automotive, computation and data storage, and wireless.