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WSTS semiconductor statistics organization predicts that year-on-year silicon revenue growth will decline by 17 percent in 2022

According to the WSTS, the ongoing chip shortage could stunt global semiconductor revenue growth next year (Image source: NY Times)
According to the WSTS, the ongoing chip shortage could stunt global semiconductor revenue growth next year (Image source: NY Times)
The World Semiconductor Trade Statistics (WSTS) organization recently downgraded its prediction for global semiconductor revenue growth in 2022. This year, WSTS expects revenue to grow by just 8.8 percent, a far cry from 2021's 25 percent growth rate.

The World Semiconductor Trade Statistics organization recently downgraded its 2022 revenue growth forecast for global semiconductor revenue. Instead of 10.1 percent, the WSTS expects the semiconductor industry to grow in the single digits, at just 8.8 percent. This is a significant year-on-year decline in growth relative to 2021, which registered 25.1 percent revenue growth across the industry, despite the COVID pandemic

The WSTS report highlights that overall semiconductor revenue in 2022 will exceed US$600 billion for the first time. However, the precipitous decline in year on year growth could be attributed to the ongoing silicon shortage. Poor yields on Samsung's 8nm process node, along with a surge in demand from cryptocurrency miners has meant that flagship Ampere GPUs like the GeForce RTX 3080 are selling at two to three times their official MSRP. 

The WSTS's forecast downgrade raises the possibility that the silicon shortage could extend well into next year, and perhaps into 2023. This means that a wide range of products, from consumer GPUs and CPUs, to memory, smartphones, and laptops, could stay priced out of reach for many. 

Check out availability for the GeForce RTX 3080 here on Amazon. 

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Arjun Krishna Lal
Arjun Krishna Lal - Tech Writer - 599 articles published on Notebookcheck since 2019
I've had a passion for PC gaming since 1996, when I watched my dad score frags in Quake as a 1 year-old. I've gone on to become a Penguin-published author and tech journalist. Apart from working as an editor at Notebookcheck, I write for outlets including TechSpot and Gamingbolt. I’m the Director of Content at Flying V Group, one of the top 5 digital marketing agencies in Orange County. When I'm not traveling the world, gathering stories for my next book, you can find me tinkering with my PC.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2021 12 > WSTS semiconductor statistics organization predicts that year-on-year silicon revenue growth will decline by 17 percent in 2022
Arjun Krishna Lal, 2021-12- 5 (Update: 2021-12- 5)