Market Overview:
Dynamic RAM (DRAM) or dynamic random access memory is used in many processors for providing high computing capabilities and memory. Its simple design, high storage capacity, and low costs have led to its integration in latest laptops and desktop PCs. The global DRAM market report by Market Research Future (MRFR) contains estimations on size and growth coupled with the impact of the COVID-19 outbreak on growth enablers and hindrances for the period of 2018 to 2023 (forecast period).
Market Scope
The global Dynamic Random Access Memory Market is expected to exhibit a CAGR of 28.70% during the forecast period. It can reach a valuation of USD 328.59 billion by 2023.
The market is driven by rapid urbanization and adoption of smart devices, tablets, and personal computers. The high penetration rate of IoT and the increased computing capability of DRAM for machine learning and artificial intelligence applications can drive market demand. Advent of cloud computing and its utilization for scaling businesses online can induce demand for DRAM for high-speed data transmission and storage. The utilization in wearables and low cost of consumer electronic devices is a direct indicator of the large scope of the market.
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. (Ticker: MU), Nanya Technology Corporation, ATP Electronics, Inc., and SK Hynix Inc. are some of top-notch companies that are profiled in MRFR’s report.
DRAM Market – Segmentation
The report also includes an exhaustive segmental analysis of the global dynamic ram access memory (DRAM) market, which covers DRAM type, DRAM technology and DRAM application. On the basis of DRAM type, the market has been segmented into FPM (Fast Page Mode), burst extended data output (BEDO), asynchronous DRAM, synchronous DRAM and extended data output (EDO). The synchronous DRAM (SDRAM) segment will continue to hold a dominate position throughout the assessment period. Towards the end of 2023, the segment is expected to reach a market valuation in excess of USD 120 Bn, exhibiting a strong CAGR. Device manufacturers are inclining towards SDRAM owing to its high functional capabilities. Moreover, SDRAM are more efficient than conventional DRAMs.
- By Technology, the market has been segmented into DDR2, DDR5/GDDR5, DDR3 and DDR4. The DDR4 segment is likely to account for a predominant market share. The segment currently stands at a market valuation of more than 38 Bn and is expected to witness an impressive CAGR during the review period. The DDR5/GDDR5 segment is also expected witness a healthy growth over the next couple of years.
- By Application, the market has been segmented into networking devices, gaming consoles, PCs/laptops and mobile phones. In 2017, the PC/laptop segment accounted for 43.4% market share and is likely to retain its dominance over 2023. The segment accounted for 31.50% CAGR between 2018 and 2023. In terms of value, the mobile phone segment is likely to hold the second spot throughout the review period.
Global DRAM Market – Regional Analysis
The regions that have been covered in the report include Europe, the Middle East, Africa, North America, Asia Pacific (APAC), and Latin America. The market in APAC is likely to remain highly attractive during the assessment period. In terms of value, APAC accounts for the largest share of the global DRAM market. In addition, APAC DRAM market is expected to post the highest GAGR till 2023. This is primarily owing to the rise of China an electronics manufacturing hub. In recent years, china has achieved tremendous feat as a manufacturing power house, catering to sectors such as automotive, electronics and consumer goods. Apart from China, countries such as Taiwan, South Korea and Japan are also making noteworthy contributions to the growth of the market in Asia Pacific. Asia Pacific is followed by North America and Europe respectively.
Get Complete Report @ https://www.marketresearchfuture.com/reports/dram-market-978
Research Nester published a report titled “Dynamic Random-Access Memory (DRAM) Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global dynamic random-access memory (DRAM) market in terms of market segmentation by architecture, application, and by region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The global dynamic random-access memory (DRAM) market is estimated to occupy a large revenue by growing at a CAGR of ~8% during the forecast period, i.e., 2022 – 2030, owing to the rising need for high-memory smartphones and tablets, and increasing availability of internet connectivity worldwide.
Apart from these, growing adoption of microcontroller and ICs in automobile electronics is also expected to provide ample growth opportunities to the market.The global dynamic random-access memory (DRAM) market is segmented by architecture and application.
Based on application, the automotive segment is anticipated to grab the largest market share during the forecast period on the back of escalating demand for processors requiring high memory capacity and bandwidth in self driving systems and driver awareness systems.
Additionally, rise in sales of electric vehicles is also assessed to drive market growth in the coming years.Download Sample of This Strategic Report@ https://www.researchnester.com/sample-request-3460Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
Asia Pacific region is evaluated to witness noteworthy growth in the market during the forecast period attributing to the rapidly growing semiconductor industry in Japan and China, and increasing manufacturing volumes of memory IC companies in the region.The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).
In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc.
The Global Dynamic Random-Access Memory (DRAM) Market research report offers accurate insights for the growth prospects of the Dynamic Random-Access Memory (DRAM) market in the forecast years 2020-2027.
The report is an all-inclusive study of the Dynamic Random-Access Memory (DRAM) market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
It has also had a substantial impact on the Dynamic Random-Access Memory (DRAM) industry as global supply chains have been disrupted, and the financial scenario is tight.
The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2855Scope of the Market Report:The report offers a holistic overview of the Dynamic Random-Access Memory (DRAM) industry that offers all the essential information.
The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals.
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