Dynamic Random-Access Memory (DRAM) Industry - Regional Synopsis
APAC Market Statistics
The Asia Pacific dynamic random-access memory (DRAM) market is anticipated to account for majority share by the end of 2037, led by rapid growth of the semiconductor industry in China and Japan, and the rising production capacities of memory IC companies in the region. In addition, higher manufacturing of chip and electronic components and governmental support to regional vendors in countries namely China, India, Japan, South Korea, and Taiwan, will boost the market growth. For instance, it was estimated that in India, the electronics hardware manufacturing industry reached approximately USD 100 billion in 2020.
North American Market Forecast
The North American dynamic random-access memory (DRAM) market is poised to register lucrative CAGR during the forecast period. The market growth is propelled by increasing manufacturing of DRAM chips in the region backed by spiking demand for smartphones and personal laptops in the region. In North America, a higher number of adults are involved in online gaming which is one of the major factors hiking the demand for personal computers in the region. For instance, in the United States, the video games segment was projected to reach approximately USD 100 billion by the year 2027.
