Menu ×

IT & TELECOM

Dynamic Random-Access Memory (DRAM) Market Segmentation by Architecture (DDR3, DDR4, DDR5, DDR2, and Others); by Application (Smartphones, PC/Laptops, Consumer Products, Automotive, Datacenter, and Graphics) – Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Dynamic Random-Access Memory (DRAM) Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

IN THE NEWS

·   January 2021- Micron Technology, Inc. announced the delivery of industry’s first ever 1-alpha node DRAM technology using highly advanced DRAM process technology. The product offers significant improvement in power, performance and bit density.

Global Dynamic Random-Access Memory (DRAM) Market Highlights 2022 – 2030

The global dynamic random-access memory (DRAM) market is estimated to garner a sizeable revenue by growing at a CAGR of ~8% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the increasing need for high-memory tablets and smartphones, growing availability of internet connectivity around the world, and rising demand for rapid online operability. Along with these, escalating adoption of memory ICs and microcontroller in automobile electronics, and surge in demand for several different types of consumer electronics, are also predicted to drive market growth in the near future. Furthermore, growing emphasis on cloud computing by organizations coupled with the need for high-speed data transmission, back up facilities and high-density memory technologies are projected to offer profitable opportunities to the market in the upcoming years. It was calculated that in 2019, 60 percent of workloads were running on a hosted cloud service, up from about 45 percent in 2018. In totality, almost 90 percent of the business ran on cloud in the same year.

Dynamic Random-Access Memory (DRAM) Market

The market is segmented by application into smartphones, PC/laptops, consumer products, automotive, datacenter, and graphics, out of which, the automotive segment is anticipated to hold the largest share in the global dynamic random-access memory (DRAM) market. This can be accounted to the growing demand for processors requiring high memory capacity and bandwidth in self driving systems and driver awareness systems. Apart from these, increasing sales of electric vehicles, rising demand across in-vehicle infotainment systems, and favorable government policies in the favor of high-scale production of electric vehicles are also predicted to drive growth to the market segment by the end of 2030. As per the data given by Edison Electric Institute, approximately 1.2 million electric vehicles were sold in the United States in April 2019, which went up from almost 900,000 units in the year 2018. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research Expenditure

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Dynamic Random-Access Memory (DRAM) Market Regional Synopsis

On the basis of geographical analysis, the global dynamic random-access memory (DRAM) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the rapid growth of semiconductor industry in China and Japan, and rising production capacities of memory IC companies in the region. In addition, governmental support to regional vendors in countries namely China, India, Japan, South Korea, and Taiwan, is also expected to boost the growth of this region’s market in the future. Moreover, the market in North America is assessed to grab the largest share over the forecast period owing to the high degree of technological advancements and strong presence of prominent market players in the region.

The global dynamic random-access memory (DRAM) market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global dynamic random-access memory (DRAM) market includes the following segments:

By Architecture

  • DDR3
  • DDR4
  • DDR5
  • DDR2
  • Others​

By Application

  • Smartphones
  • PC/Laptops​
  • Consumer Products​
  • Automotive
  • Datacenter​
  • Graphics

Growth Drivers

  • Increasing Need for High-Memory Tablets and Smartphones
  • Growing Availability of Internet Connectivity Around the World

Challenges

  • High Cost of Design and Fabrication of DRAM

Top Featured Companies Dominating the Market

  • Micron Technology Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Winbond Corporation
  • Nanya Technology Corporation
  • Samsung Group
  • SK hynix Inc.
  • Kingston Technology Co., Inc.
  • Intel Corporation
  • Elpida Memory Inc.
  • Etron Technology Inc.
  • Transcend Information, Inc.

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved