IC Insights has released its rankings of IC categories based on sales growth rate in 2021. The listing projects the market growth rate for each of the 33 IC product categories defined by the World Semiconductor Trade Statistics (WSTS) organization.
Each of the top-10 growing IC product categories is expected to see a double-digit increase in sales, but only the top-five segments are forecast to grow faster than the total IC market, which IC Insights projects will rise 12% this year.
DRAM and NAND flash are expected to be the two fastest-growing product segments in 2021 with 18% and 17% sales growth, respectively.
“Laying claim as the fastest growing IC product segment is familiar territory for the DRAM market. DRAM was also ranked as the fastest-growing IC segment in 2013, 2014, 2017, and 2018,” posts IC Insights.
“On the other hand, due to its extreme cyclicality, DRAM has also been among the poorest performing categories. Collapsing prices resulted in the DRAM market falling -37% in 2019, which ranked it last among the 33 IC product categories that year.”
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