McClean Report January 2026: Global Economic and Semiconductor Industry Outlook

Global GDP growth forecasted to remain at 2.6% in 2026, yet the semiconductor market is set to surpass $1 trillion for the first time.

Global GDP increased at a moderate pace of 2.6% in 2025, slightly slower than the 2.8% growth rate in 2024. GDP in 2026 is forecast to remain steady at 2.6%, a realistic expectation given persistent unevenness in global trade and other geopolitical strains. Despite modest economic growth, the global semiconductor market is forecast to soar this year, with sales expected to increase by more than 20% for the third year in a row, to top $1.0 trillion for the first time.