Asia-Pacific dominates IC market growth
Asia-Pacific is forecast to account for nearly 59% of the $285.9billion IC market in 2014.
IC Insights' latest report confirms the region's firm grip as the dominant market for IC sales.
"The Asia-Pacific region is particularly dominant with regard to IC market share in the computer and communications categories, and to a lesser extent in the consumer and industrial categories," the market research firm said in a statement.
Looking ahead, the Asia-Pacific region is forecast to gain IC market share over the next four years and reach 60.9% in 2017.
In contrast, Europe and Japan are expected to continue to decline in share with the Japan region holding only 7.7% the total $330.2bn IC market in 2017.
