Semiconductor Sales to Grow at 7.1% CAGR Through 2026

IC Insights forecasts total semiconductor sales will rise 11% this year following a very strong 25% increase in 2021 and an 11% increase in 2020.  If achieved, it would mark the first time since 1993-1995 that the semiconductor market has enjoyed three consecutive years of double-digit growth. From 2016-2021, the compound annual growth rate (CAGR)…