This year PC IC sales are expected to rise 3% to $59.6 billion.
However, in between 2012 and 2017, PC IC sales are projected to fall by a CAGR of -0.4% to $62.1 billion in the final year of the forecast.
By contrast, tablet IC sales increased 37% in 2013 to $14.7 billion from $10.7 billion in 2012, when revenues surged 73% from $6.2 billion in 2011.
IC Insights is forecasting a 20% increase in tablet IC sales in 2014 to $17.6 billion, followed by 10% growth in 2015 to $19.5 billion.
Between 2012 and 2017, tablet IC sales are expected to grow by a CAGR of 15.3% to $21.8 billion.
The Internet/cloud systems segment is expected to generate $558 million in IC sales in 2014, which will be a 37% increase from about $408 million in 2013.
IC sales for Internet/cloud computing systems are projected to grow by a CAGR of 28.7% in the forecast period, reaching $1.1 billion in 2017.