Market Growth Rate Peaks After a Strong 2017; IDC Forecasts Semiconductor Revenue Growth of 7.7%, Reaching $450 Billion in 2018

After strong year-over-year growth of 24% in 2017, worldwide semiconductor revenue is forecast to grow for the third consecutive year in 2018 to $450 billion, up 7.7% over 2017, according to a new Semiconductor Applications Forecaster (SAF) from IDC.