Dram Market Size And Scope, Product Estimate And Strategy Frame

• Posted by nisha dhawale October 12, 2021 - Filed in Technology - #DRAM Market Size  - 537 views

  Summary:

   

  A new study title” DRAM market size, status and forecast 2027 “has been featured on market research future.

   

  Market Overview:

   

  The global DRAM market is expected to soar at a CAGR of 28.70% from 2018 to 2023, asserts Market Research Future (MRFR) in its latest report. Factors such as rising number of data centers, robust expansion of the semiconductor and rising sales of high-end smartphones are partly supporting driving the growth of the global DRAM market. Moreover, development cutting-edge communication technologies and rapid urbanization is creating attractive growth opportunities for market players. Sales of products such as smartphones, laptops/tablets, digital cameras, etc. has continued to increase over the years. Which has also created the need for more powerful processing technologies owing to the increased focus on higher storage capacity and lower-power consumption.

  The IoT boom, at the same time is reflecting favorably on the global DRAM market. Integration of machine learning and artificial intelligence application has led to requirement for power DRAM solutions. DRAM is becoming an important component in a wide range of communication devices. DRAM has high potential in the forthcoming years, as smart devices will become a more influential commodity among modern consumers.

   

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  Key players:

  Samsung Electronics Co., Ltd. is a major key player in the DRAM market due to presence of various research and development facilities and operational units. The company invests in the development of new facilities for semiconductor manufacturing to increase the production. In 2017, the company invested ~USD 18 billion to expand the production capacity of its unit in South Korea. Some of the categories of DRAM memory are DDR3, HBM Aquabolt, and GDDR6, GDDR5 among others. 

   

  Segment:

   

  SDRAM to Witness Significant Demand 

  The dynamic ram access memory (DRAM) market is segmented into type, technology, application, and region. The type segment is further sub-segmented into synchronous DRAM, burst extended data output, extended data output, asynchronous DRAM, fast page mode, and others. 

  The synchronous DRAM (SDRAM) segment is expected to continue to hold a dominating position throughout the review period. The SDRAM segment is expected to reach a market valuation of USD 120 BN by the end of 2023. The segment growth attributes to the high functional capabilities and efficiencies of SDRAM than conventional DRAMs.

  DDR4 Technology Holds Largest DRAM Market Share 

  The technology segment is bifurcated into DDR2, DDR3, DDR4, and DDR5/GDDR5. The DDR4 segment accounts for a predominant market share, reaching a valuation of USD 38 BN in 2017. The segment is predicted to grow at an impressive CAGR over the next couple of years. The DDR5/GDDR5 segment is also expected to witness healthy growth during the review period.

  PC/laptop is the Largest Application Segment 

  The application segment is sub-segmented into mobile phones, PCs/laptops, gaming consoles, networking devices, and others. Among these, the PC/laptop segment is the largest application segment. In 2017, the segment accounted for 43.4% market share and is likely to retain its dominance during the anticipated period. The PC/laptop segment is projected to register a 31.50% CAGR between 2018 and 2023. On the other hand, the mobile phone segment is likely to account for the second-largest share during the assessment period.

   

  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.

   

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  About Us:

  Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

  We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

   

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