Dynamic Random Access Memory (DRAM) Market Overview (2022 to 2032)

The size of the global dynamic random access memory (DRAM) market is anticipated to increase at a CAGR of 5% from 2022 to 2032, reaching USD 10.3 billion. By the end of 2022, it is anticipated to surpass the USD 6.9 billion mark. The major components behind the massive growth are as follows:

  • Rising technological requirements like data center construction, growing reliance on AI, machine learning, big data, IoT, industrial and consumer electronics, and ICT infrastructure.
  • Mounting demand for educational and gaming notebooks
  • Increasing bitcoin mining and demanding gaming consoles are driving up the demand for GPUs.
  • Growing global demand for home entertainment products including TVs, smart speakers, and set-top boxes as a result of increased disposable income
  • Increasing demand for consumer goods like cameras and tablets, as well as industrial machinery, automotive systems, and medical equipment
Report Attributes Details
Estimated Base Year Value (2021) USD 5.4 Billion
Expected Market Value (2022) USD 6.9 Billion
Anticipated Forecast Value (2032) USD 10.3 Billion
Projected Growth Rate (2022 to 2032) 5% CAGR

Asia Pacific Region is Driving Global Growth with its Rising Need for more Efficient Processing Technologies

The Asia Pacific region had a greater share of the dynamic random access memory market over the forecast period. The demand for semiconductors in the region is being driven by the advantages the product offers. The Dynamic Random Access Memory market in the region is indirectly being fueled by the quick uptake of mobile devices in emerging nations like India. South Korea, which retains almost half the production capacity for DRAM chips globally, is the country on which the United States relies most for DRAM chips. Furthermore, approximately half of the world's manufacturing is produced in China and Taiwan.

China has started working toward semiconductor self-sufficiency since the cost of importing practically all of its requirements is so high. It will save money in the long term and develop into a prosperous nation if it exploits the benefits of international commerce to expand domestic semiconductor businesses. By 2025, China wants to produce 70% of its own chips. Given the present rate, which is thought to be between 10% and 30%, Chinese businesses are dependent on and exposed to foreign chipmakers.

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Opportunities are still Relevant due to the Robust Growth of Semiconductors

The dynamic random access memory market is expected to expand, particularly for data centers, as a result of the growing demand for cloud computing and the requirement for high-speed connectivity. High-density memory and low power consumption solutions fulfil the high-speed data transmission, cooling, and backup requirements of cloud computing services. Some key industry manufacturers are even putting their focus on creating new graphics dynamic random access memory (DRAM) chips with quicker speeds and enhanced power efficiency as these are frequently found in powerful 3D games, personal computers, laptops, and equipment that plays high-resolution movies.

Important competitors in the competitive RAM industry are seeking a competitive edge by utilizing cutting-edge processing technologies and lowering per-unit costs. Another crucial tactic used by big participants in the dynamic random access memory market to outperform rivals is collaboration and commercial relationships with significant mobile device makers. Emerging memory technologies are being adopted by manufacturers, which have increased the potential of the memory by enabling the storing of more data at a lower cost than the costly silicon chips used in popular consumer electronics like mobile phones and tablets.

The need for DRAM goods is being fueled by major companies' ongoing development of cutting-edge personal computers, which supports the dynamic random access memory market's expansion. Manufacturers are using DRAM technology to create ultra-thin laptops that have a long battery life, great performance, and a robust physical profile.

Players in the global dynamic random access memory market are releasing processors for cellphones and other gadgets. The introductions enhance the range of high-performance DRAM chips in terms of efficiency and performance. The gadgets would process information more quickly while using reduced power owing to these innovative breakthroughs.

Primary manufacturers are supplying 5G flagship chipsets for smartphones with low-power double data rate DRAM. These enable the smartphone ecosystem to access the upcoming wave of data-intensive apps driven by artificial intelligence (AI) and 5G innovation. These are developed for premium and flagship handsets.

DRAM is a type of semiconductor memory that is mainly utilized in program or data code required by a computer processor for smooth functioning. It is extensively used in servers, workstations, and personal computers.

It enables the PC processor to directly gain access to any part of the memory rather than having to move sequentially from a specific place. It helps in storing vast amounts of data in memory cells which contain transistors and capacitors.

It provides various benefits, such as higher density levels, affordability, and simple design. Memory stored in DRAM can also be deleted or refreshed while a program is still operating.

The ongoing development of innovative DRAM by leading players is expected to augur well for the market. In March 2022, for instance, Samsung announced that Qualcomm has validated the 14nm-based LPDDR5X DRAM chip. It will now be used with the company’s Snapdragon chipsets. Samsung aims to work closely with the latter to upgrade the new chip for mobile platforms running on Snapdragon. Thus, similar other collaborations between key players are set to push the sales of DRAM in the assessment period.

Which are Some Prominent Drivers Spearheading Dynamic Random Access Memory (DRAM) Market Growth?

The increasing usage of memory storage chips in various electronic devices is projected to propel the DRAM market growth in the upcoming years. The higher adoption of memory ICs and microcontrollers in automobile electronics is another significant factor that is expected to augment the market.

The surging demand for consumer electronics worldwide is anticipated to lead to the easy availability of high-performance DRAM at relatively low cost. The emergence of cutting-edge wearable gadgets, such as smartwatches is set to propel the usage of DRAM. It is further likely to result in huge investments by key players in capacity expansions.

Sudip Saha
Sudip Saha

Principal Consultant

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What are the Challenges Faced by the Dynamic Random Access Memory (DRAM) Industry?

As compared to Static Random-Access Memory (SRAM), DRAM is slower. The data present in its storage cells, should be refreshed after a certain period of time. The manufacturing process of DRAM is quite complex and it consumes high power, unlike the other options available in the market. Driven by the aforementioned factors, the DRAM market share may decline in the forthcoming years.

Why is Asia Pacific Emerging as an Opportunistic Dynamic Random Access Memory (DRAM) Market?

Asia Pacific is set to dominate in terms of the DRAM market share in the evaluation period. This growth is attributable to the ongoing expansion of the semiconductor industry.

The rising government support in numerous developing countries, such as India, China, Taiwan, and South Korea is set to result in the entry of regional vendors in Asia Pacific. These players are expected to broaden their geographic presence by exporting their products worldwide, as well as by expanding their manufacturing capacities.

In March 2022, Micron Technology declared that the global handset industry is estimated to exhibit a healthy growth rate in 2022 with the rising demand for 5G smartphones. The company also stated that it is set to showcase high demand for NAND and DRAM flash chips in China. This trend is likely to increase in the future years, thereby propelling the sales in Asia Pacific.

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How is North America Contributing to the Growth of the Dynamic Random Access Memory (DRAM) Market?

The rapid expansion of the automotive sector in North America is anticipated to accelerate the DRAM market size in this region. The surging demand for self-driving vehicle systems and Driver Awareness Systems (ADAS) in the USA is likely to propel the manufacturing of DRAM in the region.

These systems require advanced processors with high bandwidth and memory capacity. The USA government is also expected to put forward new regulations to prevent common errors in automotive systems and ensure safety of drivers, as well as passengers.

The introduction of innovative technologies, such as ultra-thin notebooks that provide high performance, sturdy physical profile, and long battery life is projected to bode well for the market. The surging need for high-memory tablets and smartphones and the rising demand for online operability are some of the other factors that are estimated to fuel the market in North America.

Market Competition

Some of the key players present in the global Dynamic Random Access Memory (DRAM) market include Etron Technology Inc., Micron Technology Inc., Texas Instruments (TI), Nanya Technology Corp., Advanced Micro Device (AMD), Samsung Electronics Co. Ltd., Elpida Memory Inc., Intel, and Kingston Technology among others.

The global DRAM market has an oligopolistic outlay with the presence of a handful of suppliers and a high level of competition among them in terms of price. Majority of the renowned players are striving to leverage state-of-the-art processing technology for lowering costs of units, as well as for gaining a competitive advantage. Meanwhile, a few other companies are consistently innovating their products by investing huge sums in research and development activities.

Report Scope

Report Attributes Details
Growth Rate CAGR of 5% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered Architecture, Application, Region
Regions Covered North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa
Key Countries Profiled

USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa

Key Companies Profiled Etron Technology Inc.; Micron Technology Inc.; Texas Instruments (TI); Nanya Technology Corp.; Advanced Micro Device (AMD); Samsung Electronics Co. Ltd.; Elpida Memory Inc.; Intel; Kingston Technology
Customization Available Upon Request

Key Segments Profiled in the Dynamic Random Access Memory (DRAM) Industry Survey

By Architecture:

  • DDR2
  • DDR5
  • DDR4
  • DDR3
  • Others

By Application:

  • Automotive
  • Smartphones/Tablets?
  • Consumer Products?
  • Graphics
  • Datacenter
  • PC/Laptop
  • Other Applications

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

At what CAGR is the global Dynamic Random Access Memory (DRAM) market anticipated to grow by 2032?

The global Dynamic Random Access Memory (DRAM) market is anticipated to exhibit growth at a CAGR of 5% by 2032.

Which region is expected to dominate the Dynamic Random Access Memory (DRAM) market in terms of share?

Asia Pacific is expected to dominate the Dynamic Random Access Memory (DRAM) market in terms of share.

Which are some of the key players in the global Dynamic Random Access Memory (DRAM) market?

Etron Technology Inc., Micron Technology Inc., Texas Instruments (TI), Nanya Technology Corp., and Advanced Micro Device (AMD) are some of the key players in the global Dynamic Random Access Memory (DRAM) market.

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
    • 5.1. FPM DRAM
    • 5.2. EDO (Extended Data Output)
    • 5.3. Burst EDO RAM
    • 5.4. SDRAM
    • 5.5. ESDRAM (Enhanced SDRAM)
    • 5.6. SLDRAM (Synchronous Link Dynamic RAM)
    • 5.7. Rambus DRAM
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 6.1. Personal Computer & Mobile Devices
    • 6.2. Consumer Electronics
    • 6.3. Other Computational Equipment
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Europe
    • 7.4. East Asia
    • 7.5. South Asia & Pacific
    • 7.6. MEA
  • 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 14. Key Countries Market Analysis
  • 15. Market Structure Analysis
  • 16. Competition Analysis
    • 16.1. Samsung Electronics Co., Ltd.
    • 16.2. Micron Technology, Inc.
    • 16.3. Seagate Technology PLC
    • 16.4. Nanya Technology Corporation
    • 16.5. Winbond Electronics Corporation
    • 16.6. Intel Corporation
    • 16.7. Texas Instruments
    • 16.8. Powerchip Technology Corporation
    • 16.9. SK Hynix Inc.
  • 17. Assumptions & Acronyms Used
  • 18. Research Methodology
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