Market Overview:
The DRAM
Market is anticipated to grow rapidly at a CAGR of 28.70% during the
forecast period 2021- 2027. The global DRAM market is driven by growing
popularity of high-end smartphones and presence of electronics manufacturing
giants. These factors have helped shape the DRAM market and are expected to
boost the growth. Companies in the DRAM market could also face challenges such
as a weak supply chain in some parts of the world and lack of demand from
certain market segments. The details covered in the DRAM market report cover
all the aspects of the industry. DRAM market analysts have also shared growth
projections in the report and have suggested DRAM market players to plan growth
strategies accordingly.
Key Players
Winbond Electronics Corporation, Samsung
Electronics Co., Ltd., Powerchip Technology Corporation, Kingston Technology
Corporation, Integrated Silicon Solution Inc., Transcend Information, Inc.,
Micron Technology, Inc., Nanya Technology Corporation, ATP Electronics, Inc.,
and SK Hynix Inc. are some of top-notch companies that are profiled in MRFR’s
report.
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DRAM Market –
Segmentation
Based on type, the DRAM Market has been segmented into asynchronous DRAM,
synchronous DRAM, burst extended data output (BEDO), extended data output
(EDO), and FPM (Fast Page Mode). The synchronous DRAM (SDRAM) segment accounts
for the largest market share and is expected to remain highly profitable in the
coming years. By the year 2027, the segment is expected to surpass a valuation
of USD 120 Bn reflecting a strong CAGR of 32.80%. Synchronous DRAM is faster
and more efficient as compared to asynchronous DRAM. Its syncs to the clock of
the processor and executes multiple threads by utilizing multiple memory banks.
On the basis of
technology, the market has been segmented into DDR5/GDDR5, DDR4, DDR3, and
DDR2. The DDR4 segment accounts for the lion’s share of the market. It stood at
USD 38.59 billion valuation in 2017 and likely to retain its top position till
2023. DDR4 is curved edge technology which supports memory slot integration in
smart devices. It is a eco-friendly technology which powers up the computing
power with low expenditure of power. Apart from DDR4, DDR5/GDDR5 is another
emerging DRAM technology which is deemed to exhibit the fastest CAGR over the
forecast period.
On the basis of
application, the market has been segmented into gaming consoles, mobile phones,
PCs/laptops, and networking devices. The PC/laptop segment currently accounts
for the largest market share in terms of value. The segment is projected to
witness a CAGR of 31.50% during the forecast period. Meanwhile, the mobile phone
segment accounted for the second largest share of the market in 2018.
Global DRAM
Market – Regional Analysis
On the basis of region, the global DRAM market has been segmented into
North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
APAC is the most significant contributor to the global DRAM market and is
projected to exhibit a relatively higher CAGR during the assessment period. In
APAC, China (including Taiwan) is the most important investment destination for
market players. It is one of the leading producers of electronic products. The
demand for electronic products in Japan, China, and South Korea are expected to
encourage DRAM growth in the region.
North America is poised to garner significant share of the global dynamic
random access memory market. The offering of 5G by telecommunication providers
and AI-driven applications can induce demand in the region.
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About Us:
Market Research Future
(MRFR) is a global market research firm that takes great pleasure in its
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