FUKUOKA, JAPAN – The World Semiconductor Trade Statistics forecasts the semiconductor market to grow 28.6% to $291 billion in 2010.

In 2009, the semiconductor industry was affected by the global economic crisis, down 9% to $226.3 billion. In 2010, the industry is recovering with revived enterprise and consumer spending, WSTS says.

The latest forecast is a more optimistic outlook for the year, with an increase of $44 billion over the fall forecast.

The industry is now expected to top $320.2 billion in 2012, with a three-year compound annual growth rate of 12.3% from 2009 to 2012.

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