TECH SUPPLIER Mar 2022 - Market Perspective - Doc # EUR148883622
The Impact of the Semiconductor Shortage on European Industries: When Technology Deadlocks Spill Into the Wider Economy
Abstract
This IDC Market Perspective analyzes the effects of the semiconductor shortage in Europe from 2020 across industries. The report focuses on the main causes behind the industry shortage before analyzing tech industry impacts by subvertical. The report also covers spillover effects in other industries (manufacturing, retail/wholesale, healthcare, transport, utilities, etc.). The report proceeds to analyze European organizations and their reactions to the semiconductor shortage. Finally, the report provides actionable insights for tech providers and end users facing the risks of a continued semiconductor shortage market dynamic.
"Tech suppliers need to be aware of the long-term market to position their strategies in this increasingly complex and uncertain scenario. The spillover effects on European economies created by the semiconductor shortage of 2021 may create unpredictable and unprecedented ripple effects that may alter other market dynamics even after shortages are over," said Anielle Guedes, senior research analyst, IDC European Customer Insights & Analysis.
"Considering the persistence of the semiconductor shortage crisis and its long-term butterfly effect, a wait-and-see approach is not a promising strategy for tech providers and buyers that want to react to this lingering headwind. More proactive actions — such as embracing open global value chains and accelerating the transition to hardware-agnostic solutions — are needed, and they are urgent," said Andrea Siviero, associate research director, IDC European Customer Insights & Analysis.
Coverage
Subscriptions Covered
European 5G Strategies , European Infrastructure Strategies , European Verticals: Use Cases and Strategies , Europe: Future of Digital Infrastructure , IDC Telecommunications Insights: Europe, Middle East and Africa Business Models and Technology Transformation
Regions Covered
Central and Eastern Europe, Western Europe
Topics Covered
CPUs, Consumer device semiconductor, PCD semiconductor
Content
List of Figures
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