Dynamic Random-Access Memory Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Dynamic Random-Access Memory Market in 2025 is estimated at USD 5.66 billion. The global market size exceeded USD 5.47 billion in 2024 and is projected to expand at a CAGR of more than 4.4%, crossing USD 9.57 billion by 2037. Asia Pacific is anticipated to dominate, impelled by rapid semiconductor industry growth and government support in China and Japan.
The market growth is driven by increasing demand for dynamic random-access memory over other options owing to faster and more dynamic performance. Dynamic random-access memory is highly utilized in several applications such as smartphones, personal computers, and others which are estimated to hike the production volume of DRAM at a higher scale. For instance, in Taiwan alone, approximately 4 billion dynamic random-access memory were produced in 2021, up from 3 billion in 2018.
In addition, a dynamic random-access memory requires only one transistor. It also has a larger storage capacity compared to other options where it can store more data. Hence, increasing data traffic owing to several digital activities in each sector backed by the higher penetration of Internet services is expected to influence the market growth. For instance, in 2019, approximately 20 exabytes of data were generated per month across the globe. Additionally, increasing digitalization worldwide coupled with higher investment by the government and private organizations is also expected to expand the market size. As of 2023, global spending on services to support digitalization is expected to be around USD 2 trillion.
