According to the WSTS, the semiconductor market will grow 17% to $397 billion in 2017.

Memory will grow 50%.

In 2018, WSTS is forecasting a 4.3% rise to $414 billion.

The market first hit $100 billion in 1994 and then took six years to  first reach $200 billion in 2000. It then took 13 years to first reach $300 billion in 2013.

So, it does reach $400 billion next year,  it will only have taken an unprcedentedly short five years to add $100 billion.

Last year the market grew 1.1% to $338.9 billion – an all-time high.