DRAM Market Outlook – 2027
The size of the global DRAM market is growing significantly and is expected to increase significantly over the next few years. DRAM is an abbreviation for dynamic random access memory. DRAM consists of capacitors and transistors which are used to store each bit of data. DRAMs are preferred in various industries and applications for storage in personal computers, workstations and servers. DRAM technology is favored because of its simple structure which, unlike static RAM and SRAM, which use around six transistors to use a single transistor. The use of advanced semiconductor technologies for storage purposes influences the use of DRAM and affects the market demand. In addition, the low cost of DRAM technology gives it a competitive advantage over SRAM.
The major DRAM market players analyzed in the research include SK Hynix Inc., Nanya Technology Corporation, Samsung Electronics Co., Ltd., Micron Technology, Inc., Integrated Silicon Solution Inc., Powerchip Technology Corporation, Kingston Technology Corporation, ATP Electronics, Inc., Winbond Electronics Corporation and Transcend Information, Inc. Players have adopted a variety of strategies including new product launches, collaborations, partnerships, mergers and acquisitions, joint ventures, agreements and others to earn a spot strong and international presence around the world.
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Main advantages of the report:
- This study presents the analytical representation of the global DRAM industry along with current trends and future estimates to determine impending pockets of investment.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global DRAM market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the global DRAM market.
- Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
- The report provides a detailed analysis of the global DRAM market based on competitive intensity and how the competition will shape in the coming years.
The global DRAM market is segmented into type, technology, application, end user, and region. Based on the type, the market is further segmented into synchronous DRAM, extended burst data output, extended data output, asynchronous DRAM, and fast page mode. In terms of technology, the market is subdivided into DDR4, DDR3, DDR5 / GDDR5 and DDR2. Based on the application, the market is further divided into mobile phones, PCs / laptops, game consoles and network devices and others. On the basis of end user, the market is segmented into IT & Telecommunications, Defense & Aerospace, Media & Entertainment, Medicine & Healthcare, consumer electronics, etc. Geographically, the global market is divided into North America, Europe, Asia-Pacific and LAMEA.
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Main impact factors:
The adoption of advanced semiconductor technology in different computing devices, the need for superior storage for efficient information management, and the increased demand for electronic gadgets in consumer electronics are the factors driving the market. global DRAM market. However, the complex manufacturing process of DRAM is hampering the growth of the market. In addition, the growing adoption of IoT and AI, and the emerging trends towards wearable devices are expected to provide lucrative opportunities for the market growth on a global scale. The Global DRAM market the trends are as follows:
Launch of new products to grow the market
The launch of new products containing improved capabilities was initiated by pioneers in the industry. They have taken the necessary steps to improve the storage technology of the devices. In July 2019, Samsung announced its mass production of the new 12GB LPDDR5 mobile DRAM for high-end smartphones. The newly launched 5G smartphone belongs to the flagship range and is integrated with DRAM.
Therefore, the mass production of DRAM gives a strong impetus to the market.
This DRAM series provides a data rate of 5500 megabits per second (Mb / s), which is almost 1.3 times faster than previous mobile memory configurations. The math claims that when used in a 12GB case, the LPDDR5 is capable of transferring 44GB of data, or about 12 Full HD (3.7GB) movies, in just one second. The DRAM series offered by Samsung also offers 30% less power consumption. Hence, the advancement of DRAM and such market strategies is expected to fuel the market demand.
Increased adoption of electronic devices
The electronics industry, during the period, experienced rapid advancements in connectivity, data transfer rate, processing power, and human interaction. Technologies such as IoT and AI have revolutionized the electronics industry, due to which the demand for smartphones, PCs, laptops and other computing devices has increased. DRAM offers higher storage with faster data transfer rate while
compared to its previous counterparts.
The increasing demand for smartphones in the consumer goods industry with improved applications for gaming, photography and a higher data transfer rate for efficient communication requires the use of DRAM. As a result, this growing demand for smartphone apps is capturing a huge market share of DRAM.
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Questions Answered in the DRAM Market Research Report:
- Who are the major market players active in the DRAM market?
- What are the current DRAM market trends that will influence the market in the coming years?
- What are the driving factors, constraints and opportunities in the market?
- What are the projections for the future that would help take further strategic action?
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