According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor sales in October 2021 were $48.8 billion, an increase of 24.0% from the total of $39.4 billion in October 2020, and an increase of 1.1% from the September 2021 total of $48.3 billion.

In addition, SIA predicts that global annual sales will increase by 25.6% in 2021 and 8.8% in 2022.

SIA: Global semiconductor sales increased 24% year-to-year in October-SemiMedia

“Global semiconductor demand remained high in October, with year-to-year sales increasing substantially across all major regional markets,” said John Neuffer, SIA president and CEO. “Annual chip sales and units shipped are projected to reach all-time highs in 2021, with moderate annual growth expected in 2022.”

Regionally, year-to-year and month-to-month sales increased across all major regional markets: the Americas (29.2% year-to-year, 2.6% month-to-month), Europe (27.3%, 2.8%), Japan (23.7%, 1.1%), Asia Pacific/All Other (22.6%, 0.2%), and China (21.1%, 0.3%).