The December 2024 WSTS forecast called for strong 2024 semiconductor market growth of 19%. However, the strength is limited to a few product lines. Memory is projected to grow 81% in 2024. Logic is expected to grow 16.9%. The micro product line should show only 3.9% growth, while discretes, optoelectronics, sensors and analog are all projected to decline. If the memory product line is excluded, the WSTS forecast for the rest of the semiconductor market in 2024 is only 5.8%.
