IC Insights forecasts that the 2017 global electronic systems market will grow by only 2% to $1,493 billion while the worldwide semiconductor market is expected to surge by 15% this year to $419.1 billion.

Figure 1 : The average semiconductor content in an electronic system will reach 28.1%. (Source: IC Insights)

Moreover, IC Insights forecasts that the total semiconductor market will exceed $500.0 billion four years from now in 2021. If the 2017 forecasts come to fruition, the average semiconductor content in an electronic system will reach 28.1%, an all-time record.