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IC Insights Forecasts a CAGR Of 7%-8%, Just Below Its 30-Year Rate of 9%
 
After a 6% drop in IC unit shipments in 2019, and an 8% increase in 2020, IC Insights forecasts a huge 21% jump in IC unit shipments this year.  Unit shipments in 2021 are forecast to reach 391.2 billion. The 2020-2025 IC unit volume CAGR is forecast to be 11%, five points more than the unit CAGR from 2015-2020. 2019 was only the fifth time in the history of the IC industry that IC unit volumes declined (the previous four years were 1985, 2001, 2009, and 2012) and there have never been two consecutive years of declining IC unit shipments.
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