Based on current tracking, data volume is increasing at a 32% CAGR for large organizations, resulting in a need for data management. Data management solutions are being found in the cloud ecosystem and its necessary hardware infrastructure. Analysts see the cloud's integrated ecosystem as the catalyst for a third penetration growth cycle in the semiconductor and electronics industry.
Read more: Semi's Triple Play for the Next Growth Wave: Cloud migration and hardware
The SSL sector is forecasted to experience long-term growth while being a sustainable and important diversification strategy for the semiconductor value chain. The LED subsector has roughly a 3% penetration rate, but is forecasted to see significant growth over the remainder of the decade. LEDs are taking a foothold in the market because this solution addresses both cost savings and environmental awareness.
Read more: Green Light for Semi Growth: Green Tech shines brightly from growing SSL sector
Why is the semiconductor seen as being fundamentally strong and how has the value chain contributed to these important fundamental strengths? Overall growth for 2011 continues to see revised forecasts. To understand these forecasts and why we are entering an accelerating growth curve, we offer an understanding of recent industry and sector dynamics.
Read more: Sector Review Highlights 'Stabilization' and Growth as Trends for Semi