Scotten Jones, IC Knowledge. has recently summarized 2018 in an article at SemiWiki. Reportedly, after six years of single digit percentage growth in the overall semiconductor market, 2017 saw almost 22% growth and 2018 year-to-date is up roughly 17% (based on numbers published by the world semiconductor trade statistics).
The big growth driver the last two years has been surging memory prices driven by high bit demand and tight supply. With additional memory capacity coming on-line, memory supply is expected to ease in 2019 removing the biggest driver of growth.
Apart from that leading edge logic goes down to three foundries, 10nm process delays at Intel, EUV's entry in the production, 3D NAND growth and DRAM scaling slowdown have become the influencing factors in industry's growth.
"In spite of slower growth expected for 2019 the industry continues to move forward on technology scaling across all three major product segments. The long term outlook for the semiconductor market and underlying technologies remains strong."
Source: SemiWiki "2018 Semiconductor Year in Review" by Scotten Jones LINK
By Abhishekkumar Thakur