Memory Chip Market by Type (Volatile (DRAM and SRAM) and Nonvolatile (PROM, EEPROM, NAND Flash, and Others)) and Application (Laptop/PCs, Camera, Smartphone, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

According to a recent report published by Allied Market Research, titled, Memory Chip Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global memory chip market was valued at $76,767 million in 2016, and is projected to reach at $247,910 million by 2023, growing at a CAGR of 12.4% from 2017 to 2023.

Memory chip is a device used to store information and data or process code. They are available in different shapes and sizes. Some can be connected directly, whereas some need special drives. They hold memory either temporarily through random access memory (RAM) or permanently through read only memory (ROM). Data stored in ROM are permanently stored, which a processor can read but cannot modify.

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The growth of the global memory chip market is driven by rise in smartphone penetration, high-density storage capability, and quick read & write cycle. Moreover, availability of different shapes & sizes of memory chips fuels the adoption their in the digital domain. However, corruption of memory chip is expected to restrain the growth of the market. Conversely, surge in demand for memory chips in electronic devices is anticipated to provide potential opportunities for market expansion.

Samsung Group, Sony Corporation, Toshiba, ADATA Technology, SK Hynix, Micron Technology, Intel, Kingston Technology, Transcend Information, and Fujitsu Microelectronics Inc. are some of the key players operating in the global memory chip market.

The memory chip market is segmented based on type, application, and geography. On the basis of type, the market is categorized into volatile and nonvolatile memory chip. The applications considered in the study include laptop/PCs, camera, smartphone, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global smartphone market is witnessing high growth rate. According to the Federal Reserve Board reports, in 2015, 80% of the U.S. adult population used mobile phones, out of which 71% were smartphone users. Increase in sales of smartphones is due to its combined multi-platform services for various applications such as music, video, financial transaction, and most prominently the accessibility of internet. The memory chips provide enhanced storage capabilities to smartphones. In addition, they are available in compact sizes that can easily be used in small devices such as smartphones to enhance processing power, rebooting functionality, and content storage. Therefore, upsurge in penetration of smartphones drives the demand for memory chips, thereby accelerating the growth of the market.

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The adoption of smart devices such as smart glasses & helmets, fitness tracker, smart watches, tech-enabled lanyards, cards, wireless headsets, and others is rising, as they offer various advantages such as easy access to information from an ERP system using touch, gesture, voice commands, and ambient & glanceable display. In addition, smart devices have transformed the traditional working process as they track, monitor, and store data automatically. These feature require large space to store data and information, which increase the demand for memory chips. Thus, rise in adoption of smart devices supplements the market growth.

LIST OF TABLES

TABLE 1. GLOBAL MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 2. VOLATILE MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 3. VOLATILE MEMORY CHIP MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 4. VOLATILE MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 5. GLOBAL NONVOLATILE MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 6. NONVOLATILE MEMORY CHIP MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 7. NONVOLATILE MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 8. GLOBAL MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 9. MEMORY CHIP FOR LAPTOP/PC MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. MEMORY CHIP FOR LAPTOP/PC MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 11. MEMORY CHIP FOR CAMERA MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 12. MEMORY CHIP FOR CAMERA MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. MEMORY CHIP FOR SMARTPHONE MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 14. MEMORY CHIP FOR SMARTPHONE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 15. MEMORY CHIP FOR OTHERS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 16. MEMORY CHIP FOR OTHERS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 17. MEMORY CHIP MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 18. NORTH AMERICA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 19. NORTH AMERICA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 20. NORTH AMERICA MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 21. U.S. MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 22. U.S. MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 23. U.S. MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 24. CANADA MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 25. CANADA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 26. CANADA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 27. MEXICO MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 28. MEXICO MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 29. MEXICO MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 30. EUROPE MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 31. EUROPE MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 32. EUROPE MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 33. UK MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 34. UK MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 35. UK MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 36. FRANCE MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 37. FRANCE MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 38. FRANCE MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 39. GERMANY MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 40. GERMANY MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 41. GERMANY MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 42. RUSSIA MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 43. RUSSIA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 44. RUSSIA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 45. REST OF EUROPE MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 46. REST OF EUROPE MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 47. REST OF EUROPE MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 48. ASIA-PACIFIC MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 49. ASIA-PACIFIC MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 50. ASIA-PACIFIC MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 51. CHINA MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 52. CHINA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 53. CHINA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 54. SOUTH KOREA MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 55. SOUTH KOREA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 56. SOUTH KOREA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 57. INDIA MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 58. INDIA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 59. INDIA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 60. JAPAN MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 61. JAPAN MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 62. JAPAN MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 63. REST OF ASIA-PACIFIC MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 64. REST OF ASIA-PACIFIC MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 65. REST OF ASIA-PACIFIC MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 66. LAMEA MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 67. LAMEA MEMORY CHIP MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 68. LAMEA MEMORY CHIP MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 69. BRAZIL MEMORY CHIP MARKET, 2016-2023 ($MILLION)
TABLE 70. BRAZIL MEMORY CHIP MARKET, BY TYPE, 2016-2023 ($MILLION)

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