Communications and Auto to Out-Pace IC Market Growth Through 2016
The communications and automotive IC markets are forecast to out-pace the growth of the total IC market through 2016 according to data in IC Insights’ soon-to-be-released IC Market Drivers 2013— A Study of Emerging and Major End-Use Applications Fueling Demand for Integrated Circuits. The communications segment is forecast to see a cumulative average annual growth rate of 14.1% from 2011-2016, almost double the 7.4% CAGR expected for the entire IC market during this timeframe.