SCOTTSDALE, AZ, Oct. 25 -- The IC market will grow 29% in 2004, buoyed by high demand for PC applications, a research firm said today.

The microprocessor market will hit nearly $30 billion, 90% of it coming from devices for computing systems, according to IC Insights in its monthly report.

Moreover, flash sales will reach $15.6 billion by year-end. up 33%, following a 51% gain in 2003. DSPs is expected to grow 26%, to $7.7 billion, the firm said.