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:
| 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.
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.
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.
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.
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.
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.
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 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 |
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 3: Global Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 4: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 5: North America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 6: North America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 7: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: Latin America Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 9: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 10: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 11: Europe Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 12: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 13: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: East Asia Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 15: East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 16: South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 17: South Asia & Pacific Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 18: South Asia & Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 19: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: MEA Market Value (US$ Mn) Forecast by Product Type, 2017-2032
Table 21: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
Figure 1: Global Market Value (US$ Mn) by Product Type, 2022-2032
Figure 2: Global Market Value (US$ Mn) by Application, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 7: Global Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 8: Global Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 9: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 10: Global Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 13: Global Market Attractiveness by Product Type, 2022-2032
Figure 14: Global Market Attractiveness by Application, 2022-2032
Figure 15: Global Market Attractiveness by Region, 2022-2032
Figure 16: North America Market Value (US$ Mn) by Product Type, 2022-2032
Figure 17: North America Market Value (US$ Mn) by Application, 2022-2032
Figure 18: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 19: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 22: North America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 25: North America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 28: North America Market Attractiveness by Product Type, 2022-2032
Figure 29: North America Market Attractiveness by Application, 2022-2032
Figure 30: North America Market Attractiveness by Country, 2022-2032
Figure 31: Latin America Market Value (US$ Mn) by Product Type, 2022-2032
Figure 32: Latin America Market Value (US$ Mn) by Application, 2022-2032
Figure 33: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 34: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 37: Latin America Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 43: Latin America Market Attractiveness by Product Type, 2022-2032
Figure 44: Latin America Market Attractiveness by Application, 2022-2032
Figure 45: Latin America Market Attractiveness by Country, 2022-2032
Figure 46: Europe Market Value (US$ Mn) by Product Type, 2022-2032
Figure 47: Europe Market Value (US$ Mn) by Application, 2022-2032
Figure 48: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 49: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 52: Europe Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 55: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 58: Europe Market Attractiveness by Product Type, 2022-2032
Figure 59: Europe Market Attractiveness by Application, 2022-2032
Figure 60: Europe Market Attractiveness by Country, 2022-2032
Figure 61: East Asia Market Value (US$ Mn) by Product Type, 2022-2032
Figure 62: East Asia Market Value (US$ Mn) by Application, 2022-2032
Figure 63: East Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 64: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 65: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 66: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 67: East Asia Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 68: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 69: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 70: East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 71: East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 72: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 73: East Asia Market Attractiveness by Product Type, 2022-2032
Figure 74: East Asia Market Attractiveness by Application, 2022-2032
Figure 75: East Asia Market Attractiveness by Country, 2022-2032
Figure 76: South Asia & Pacific Market Value (US$ Mn) by Product Type, 2022-2032
Figure 77: South Asia & Pacific Market Value (US$ Mn) by Application, 2022-2032
Figure 78: South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 79: South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 80: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 81: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 82: South Asia & Pacific Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 83: South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 84: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 85: South Asia & Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 86: South Asia & Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 87: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 88: South Asia & Pacific Market Attractiveness by Product Type, 2022-2032
Figure 89: South Asia & Pacific Market Attractiveness by Application, 2022-2032
Figure 90: South Asia & Pacific Market Attractiveness by Country, 2022-2032
Figure 91: MEA Market Value (US$ Mn) by Product Type, 2022-2032
Figure 92: MEA Market Value (US$ Mn) by Application, 2022-2032
Figure 93: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 94: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 96: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 97: MEA Market Value (US$ Mn) Analysis by Product Type, 2017-2032
Figure 98: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
Figure 99: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
Figure 100: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 101: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 102: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 103: MEA Market Attractiveness by Product Type, 2022-2032
Figure 104: MEA Market Attractiveness by Application, 2022-2032
Figure 105: MEA Market Attractiveness by Country, 2022-2032
The global Dynamic Random Access Memory (DRAM) market is anticipated to exhibit growth at a CAGR of 5% by 2032.
Asia Pacific is expected to dominate the Dynamic Random Access Memory (DRAM) market in terms of share.
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.
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Dynamic Random Access Memory (DRAM) Market
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