The report below gives a good overview of the Spring 2021 M&A activity in the Semiconductors & Advanced Materials Industry Sector. The semiconductor market registered a revenue growth of 6.5% in 2020 despite the impact of COVID-19 on the global economy as per research published by KPMG. The semiconductor industry will continue to grow due to the mainstream adoption of IoT, 5G and the increasing semiconductor needs of the automotive sector. The industry is expected to register a CAGR of over 6% during 2021-2025 as per research published by ResearchAndMarkets.com. According to the Semiconductor Industry Association, first-quarter sales of $123.1 billion were 17.8% more than the total from the first quarter of 2020 and 3.6% higher than the total from fourth quarter of 2020. International Data Corporation (IDC) forecasts the semiconductor market to reach $476 billion in 2021, a 7.7% year-over-year growth rate as the COVID-19 vaccines are circulated and global economies begin to gradually recover.