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Article Title Cellphones Pass PCs as Biggest Systems Market and IC User
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Total worldwide production value of electronic systems is projected to increase 4% in 2013 to $1.41 trillion and climb to about $1.74 trillion in 2017, which represents a compound annual growth rate (CAGR) of 5.0% from $1.36 billion in 2012, according to IC Insights’ new 2014 edition of IC Market Drivers—A Study of Emerging and Major End-Use Applications Fueling Demand for Integrated Circuits.  The 475-page report shows cellphones overtaking standard personal computers (desktop and notebook PCs) as both the largest electronic systems market and the largest end-use application for ICs in 2013 for the first time ever.

Figure 1 compares the relative market sizes and projected growth rates of nine major systems segments among nearly a couple dozen end-use electronic product categories covered in the 2014 IC Market Drivers report.  These nine market categories represented an estimated two-thirds of the total production value of all electronic systems in 2013. Cellphones will overtake standard personal computers (desktop and notebook PCs) as the largest electronic systems market for the first time in 2013.  Cellphones are expected to account for 18% of worldwide electronic systems sales ($247.2 billion) versus standard PCs with 15% ($208.3 billion) of the total in 2013.  In 2012, PCs represented 17% of systems sales while cellphones were about 16% of the total, based on the new report’s market analysis.

Cellphone sales are projected to rise by a CAGR of 6.3% in the 2012-2017 period, while standard PC revenues are expected to slump by an annual rate of -0.7%, partly due to the growing popularity of tablet computers and greater use of smartphones to access the Internet.

Figure 1

Category: Industry News
Date: 2013/12/03
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Source: IC Insight

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