Global Memory Chip Market 2022-2027: Size, Share, Trends, Growth, Opportunity and Forecast

The latest research studyMemory Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the Global memory chip market the size reached US$154.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$410.71 billion by 2027, with a CAGR of 16.50% over the period 2022-2027.

Impact of Covid-19:

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Industry definition and application:

A memory chip is an integrated circuit made up of many capacitors and transistors that can store data or process code in computers and other electronic devices. It stores data temporarily via random access memory (RAM) and permanently via read only memory (ROM). It also offers large storage space despite its miniature size and offers various advantages, such as easy access to computers, cost effectiveness, less phone memory consumption and non-volatile memory. Therefore, memory chips are widely adopted in the information and technology (IT), telecommunications, electronics, and automotive industries.

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Memory Chip Market Trends and Drivers:

The market is mainly driven by the increasing deployment of memory-based components in advanced products, such as wearable devices, smartphones, and electronic gadgets. In addition, the increasing use of semiconductor devices in automotive and electronic systems, such as random access memory (DRAM) and read only memory (ROM), represents another major growth driver.

Moreover, there has been an increasing demand for solid-state memory chips with higher storage capacities to solve data center complications in different organizations. This coupled with the integration of Internet of Things (IoT) in several industrial applications to achieve efficient management and manufacturing operations is positively influencing the growth of the market. In addition to this, the market is also augmented by the rapid digitization and increasing automation in the electronics industry.

Other factors including the growing dependence of the masses on smartphones and the extensive research and development (R&D) activities carried out by key players to introduce memory chips that require less time and energy to transfer data while increasing the speed of processors, are expected to propel the growth of the market in the coming years.

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Scope of the Memory Chips Market Report

Report cover

Details

Market size value in 2021

US$154.4 billion

Market forecast in 2027

US$410.71 billion

Rate of growth

CAGR of 16.50% of 2022 to 2027

Base year for the estimate

2021

Historical data

2016-2021

Forecast period

2022-2027

Report cover

Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

Segments Covered

Type, application and sales channel

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Profiled Key Companies

ADATA Technology Co.Ltd. , Fujitsu Semiconductor Limited (Fujitsu Limited), Intel Corporation, Kingston Technology Corporation, Micron Technology Inc., NXP Semiconductors NV, Samsung Electronics Co. Ltd., SK hynix Inc., Taiwan Semiconductor Manufacturing Company Limited, Texas Instruments Incorporated, Toshiba Corporation, Transcend Information Inc. and Western Digital Corporation.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Report segmentation:

The report has segmented the market into following categories:

Breakdown by type:

· Volatile

oh DRACHMA

oh SRAM

· Nonvolatile

oh PROM

oh EEPROM

oh NAND-flash

oh Others

Breakdown by application:

· Laptop/PC

· Camera

· Smartphone

· Others

Breakdown by sales channel:

· OEM

· Secondary market

By geography:

· North America

oh United States

oh Canada

· Asia Pacific

oh China

oh Japan

oh India

oh South Korea

oh Australia

oh Indonesia

oh Others

· Europe

oh Germany

oh France

oh UK

oh Italy

oh Spain

oh Russia

oh Others

· Latin America

oh Brazil

oh Mexico

oh Others

· Middle East and Africa

List of major key players:

Major market players include ADATA Technology Co. Ltd., Fujitsu Semiconductor Limited (Fujitsu Limited), Intel Corporation, Kingston Technology Corporation, Micron Technology Inc., NXP Semiconductors NV, Samsung Electronics Co. Ltd., SK hynix Inc., Taiwan Semiconductor Manufacturing Company Limited, Texas Instruments Incorporated, Toshiba Corporation, Transcend Information Inc. and Western Digital Corporation

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise..

Contact us:

IMARC Services Private Limited.
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Sheridan, Wyoming 82801 USA – Wyoming
E-mail: [email protected]Such. :(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Anne Wurtsbach

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