Global DRAM Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
The recent report by Market Research Future (MRFR) asserts that the global dynamic ram access memory (DRAM) market is slated to acquire a substantial market valuation at a steady CAGR of 28.70% over the review period.
The leading market players identified by MRFR in the global market are –
Samsung Electronics Co., Ltd., Winbond Electronics Corporation, Nanya Technology Corporation, Transcend Information, Inc., ATP Electronics, Inc., Kingston Technology Corporation, Powerchip Technology Corporation, SK Hynix Inc., Micron Technology, Inc., and Integrated Silicon Solution Inc.
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Drivers and Restraints
There are numerous factors driving the growth of the dram market, for instance, the rapid adoption of microcontroller and memory ICs in automobile electronics and increasing application of memory storage chips in electronic devices is one of the major factors driving the demand for DRAM products. Major factors augmenting the growth of this market are the emergence of new devices in the computing field (including hybrid device and ultra-thin notebooks), technological advancement as DRAM is widely used in such devices. A rise in the demand for consumer electronics coupled with an expected increase in demand of the smart phones are some of the significant drivers fueling the market.
Owing to their low cost and superior performance, DRAM is also being used in wearable gadgets, such as smartwatches. Consequently, with the rising adoption of wearable gadgets and the introduction of IoT and AI, the deplyoment of DRAM is poised to grow beyond the personal computer and mobiles, into servers, automotive, and cloud applications. This diversification is slated to drive the market studied, over the forecast period. Growing popularity of high-end smartphones all over the world is supporting the growth of the market. Asia, due to the presence of electronics manufacturing power-houses such as China, Korea, Taiwan and Japan has emerged as a prominent market for DRAM. The IoT expansion, at the same time is contributing favorably towards the global DRAM market. incorporation of machine learning and artificial intelligence application has led to requirement for power DRAM solutions.
The growing demand for data centers is also fueling the server DRAM revenues. For instance, large data center projects in North America have contributed to the increasing demand for DRAM. The rising adoption of 5G technology and developments of wireless communication are expected to impact the market significantly. Several vendors are also investing in the progress of the DRAM, to gain leverage in 5G technology.
The global DRAM market has been segmented on the basis of type, technology, and application.
The market is segmented on the basis of type, into burst extended data output (BEDO), FPM (Fast Page Mode), asynchronous DRAM, synchronous DRAM, and extended data output (EDO). Among these, the synchronous DRAM (SDRAM) segment will continue to hold a dominant position over the review period. Towards the beginning of 2024, the segment is slated to reach a market valuation in excess of USD 120 billion, exhibiting a robust CAGR.
Based on the technology, the market has been segmented into DDR5/GDDR5, DDR2, DDR3 and DDR4. The DDR4 segment is predicted to account for a leading market share. The segment has a market valuation of more than 38 billion and is poised to witness an impressive CAGR over the review period. The DDR5/GDDR5 segment is also predicted witness healthy growth over the review period.
Based on the application, the market has been segmented into gaming consoles, networking devices, PCs/laptops and mobile phones. In 2017, the PC/laptop segment held 43.4% market share and is slated to retain its lead till 2023. The segment accounted for 31.50% CAGR over the forecast period. In terms of market share, the mobile phone segment is poised to account for the second spot throughout the review period.
The regional analysis of the global market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and the rest of the world (covering Latin America and the Middle East and Africa).
Asia Pacific is slated to dominate the Global DRAM market due to the improving manufacture of DRAM in countries like India, and China. The market in APAC is slated to remain highly attractive over the assessment period. In terms of value, APAC holds the largest share of the global DRAM market. In addition to this, APAC DRAM market is expected to record the highest GAGR till 2023. This is primarily owing to the advent of China an electronics manufacturing hub. In recent years, China has achieved the tremendous feat as a manufacturing power house, catering to sectors such as automotive, electronics and consumer goods. Apart from China, countries such as South Korea, Taiwan, and Japan are also making substantial contributions to the expansion of the market in Asia Pacific. ON the other hand, Asia Pacific is followed by North America and Europe respectively.
In North American region, The United States is poised to witness the highest growth whereas, notable growth in the European market is also predicted in countries like Germany since it is a base for many major players of the market.
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Table of Contents
1 Executive Summary
2 Market Introduction
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Dynamics
4.3.1 High Fabrication and Maintenance Cost of Equipment
4.5 Value Chain Analysis
4.6 Porter’s Five Forces Model
4.6.1 Threat of New Entrant
4.6.2 Bargaining Power of Supplier
4.6.3 Bargaining Power of Buyers
4.6.4 Threat of Substitute
4.6.5 Intensity of Rivalry
List of Tables
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Dram Market, by Type, 2017-2023 (Usd Billion)
Table 4 Global Dram Market, by Technology, 2017-2023 (Usd Billion)
Table 5 Global Dram Market, by Application, 2013-2023 (Usd Billion)
Table 6 Global Dram Market, by Region, 2017-2023 (Usd Billion)
Table 7 North America: Dram Market, by Country, 2017-2023 (Usd Billion)
Table 8 North America: Dram Market, by Type, 2017-2023 (Usd Billion)
List of Figures
Figure 1 Global Dram Market: Market Structure
Figure 2 Top Down & Bottom Up Approach
Figure 3 Drivers, Restraint, and Opportunity Analysis of Global Dram Market
Figure 4 Value Chain: Dram Market
Figure 5 Porter’s Five Forces Analysis of the Global Dram Market
Figure 6 Global Dram Market, by Type, 2017 Vs 2023 (Usd Billion)
Figure 7 Global Dram Market, by Technology 2017 Vs 2023 (Usd Billion)
Figure 8 Global Dram Market, by Application 2017 Vs 2023 (Usd Billion)
Figure 9 Global Dram Market, by Region, Growth Rate, 2018-2023 (%)
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