The global Dynamic Random Access Memory (DRAM) Market size is projected to grow at a CAGR of 5.0% from 2022 to 2030, reaching USD 10.3 billion.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Dynamic Random Access Memory (DRAM) Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Dynamic Random Access Memory (DRAM) Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.Dynamic Random Access Memory, or DRAM, is a type of semiconductor memory that stores the programme code that a computer’s processor needs to run. It is a type of random access memory that is often used in PCs, servers, and workstations. Random access lets a PC’s processor get to any part of memory directly, instead of having to start at a certain point and work backwards. RAM is close to your computer’s processor, so it gives you faster access to data than a solid-state drive or hard drive. DRAM’s main benefit is that it is easy to make and only needs one transistor. It is also cheaper than SRAM and has a higher density level. Its memory can be cleared or added to so that it can hold more information. The problem with DRAM is that its memory is unstable, and it also uses a lot of power compared to other options. The product is hard to make, the data in the storage unit needs to be updated, and it moves more slowly than SRAM. The DRAM market has a big chance to grow because mobile devices need DRAM that uses little power and works well. Estimates and forecasts of the size of the Dynamic Random Access Memory (DRAM) market are given in terms of sales volume (K units) and revenue (million USD), with data from 2017 to 2030, with 2022 as the base year. This report gives a detailed breakdown of the global Dynamic Random Access Memory (DRAM) market. Regional market sizes are also given for products by type, by use, and by player. When figuring out how big the market was, we thought about how COVID-19 and other global crises would affect it. The global Dynamic Random Access Memory (DRAM) market is a professional and accurate study of different business perspectives, like major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been put together based on the different segments and subsegments of the global market.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Dynamic Random Access Memory (DRAM) Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Dynamic Random Access Memory (DRAM) Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries.
Based on types, the Dynamic Random Access Memory (DRAM) Market is segmented into:
- Module DRAM
- Component DRAM
Based on application, the Dynamic Random Access Memory (DRAM) Market is segmented into:
- Automotive
- Smartphones/Tablets
- Consumer Products
- Graphics
- Datacenter
- PC/Laptop
- Other Applications
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Industry News and Key Developments
In November 2021, Micron Technology Inc. announced that MediaTek Inc. had approved its low power double data rate DRAM 5X (LPDDR5X) for MediaTek’s new flagship Dimensity 9000 5G chipset for smartphones. It is made for flagship and high-end smartphones. Micron said that LPDDR5X enables the smartphone ecosystem to unlock the next wave of data-intensive applications driven by artificial intelligence (AI) and 5G innovation.
Samsung said that LPDDR5X DRAM chips for smartphones and other devices would be available in November 2021. The release could make the company’s high-performance DRAM chips work better and be more efficient. The company says that the new LPDDR5X DRAM will make processing 1.3 times faster and use almost 20% less power than the older LPDDR5 standard.
In June 2021, Samsung announced that its new UFS-based LPDDR5 memory module would be made in large quantities (uMCP). It combines the fastest LPDDR5 DRAM with the latest UFS 3.1 NAND flash in a single chassis, giving mid-range mobile devices top-of-the-line performance.
Micron Technology made 176-layer NAND memory in July 2021. It uses this memory in products like DRAM and PCIe 4.0 SSDs. It also said that new UFS 3.1 storage modules with this feature are ready to ship. Its new products are meant to be used like the internal storage in smartphones, and based on their specs, they could soon be used in high-end models. Micron says that its sequential write and random read speeds are 75% faster than its predecessor, and that its overall mixed workload performance is 15% better than it.
On the Basis of Region:
The global Dynamic Random Access Memory (DRAM) market has been looked at in different parts of the world, including North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India. In the near future, the global Dynamic Random Access Memory (DRAM) region will be the market leader. Asia-Pacific has a bigger share of the market for dynamic random access memory over the next few years. The strengths of the products in the area drive the need for semiconductors. The fast adoption of mobile devices in developing countries like India is indirectly driving the market for dynamic random access memory in the region. South Korea makes almost half of the world’s DRAM chips, and it is the country that needs U.S. DRAM chips the most. Also, China and Taiwan make about half of the things that are made in the world. China is working on becoming self-sufficient in semiconductors because it costs so much to import almost everything it needs. By taking advantage of the benefits of international trade to grow the semiconductor business at home, the country will save money and become more prosperous in the long run. By 2025, 70% of chips will be made in China. Given the current ratio, which is thought to be between 10% and 30%, Chinese companies depend on foreign chipmakers and have access to them.
Regional Dynamic Random Access Memory (DRAM) Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Dynamic Random Access Memory (DRAM) Market include:
- Dynamic Random Access Memory (DRAM) Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
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Key Market Participants in the Dynamic Random Access Memory (DRAM) Market :
SK Hynix(Korea), Micron Technology(US), Samsung(Korea), Nanya Technology Corporation (Taiwan), Winbond Electronics Corporation (Taiwan), Powerchip Technology Corporation (Taiwan), Intel Corporation (US), Texas Instruments (US), and others.
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