Worldwide semiconductor market expected to grow about 14% in 2022
World Semiconductor Trade Statistics or WSTS forecasts strong chip demand with worldwide semiconductor market expected to grow 13.9% to $633B in 2022.
2021 had posted 26.2% growth.

Bifurcating category-wise growth: Logic expected to grow 24.1% Y/Y, Analog 21.9% growth, and Sensors 16.6% growth; Optoelectronics remains the weakest category in the forecast and is expected to be almost flat Y/Y.
All geographical regions are expected to show growth in 2022 with largest region, Asia Pacific expected to grow 10.5%; Americas expected to show growth of 23.5%, Europe 14%, and Japan 14.2%.
For 2023, global semiconductor market is projected to grow by 4.6% to $662B, mid-single digit growth of nearly all categories.
Logic category expected to reach $200B in 2023, roughly 30% of the total market.
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Top semiconductor names: Intel (INTC); Micron Technology (MU); Texas Instruments (TXN); Qualcomm (QCOM); NXP Semiconductors (NXPI); Microchip Technology (MCHP); Applied Materials (AMAT)