PSRAM (Pseudo Static Ram) Market Forecast to Reach $19.65 Million by 2025

The Global PSRAM (Pseudo Static Ram) Market is forecast to reach $19.65 million by 2025, growing at a CAGR of 1.14% from 2020 to 2025. The market growth is attributed to significant growth of consumer electronics market due to the rising demand for electronic gadgets coupled with the technological advancements and improved infrastructure. Moreover, emerging solutions for high performance networks and increased demand for quicker cache memories also boosts the market growth.

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PSRAM (Pseudo Static Ram) Market Segment Analysis - By Application Type

System-in-Package (SIP) segment held the highest market share in 2019 and is anticipated to witness significant market growth during the forecast period 2020-2025. SIP is commonly accepted in many verticals, such as consumer electronics, automobiles, IT & telecommunications and others, because of its improved efficiency and longevity. The growth of the consumer electronics industry, the emergence of the Internet of Things (IoT) adoption and the advent of SIP technology in real-world gaming graphics cards and processors have accelerated the speed of SIP acceptance in consumer electronics , automotive, telecommunications and other industries. In order to sustain rigid market competitiveness, major market players have invested heavily in the R&D of packaging technologies. Moreover, growth of the package system (SIP) industry is likely to be accelerated by the rising demand for electronic component miniaturisation, technological advancement, along with an increasing number of research and development activities, the emergence of high-performance electronics and low-power consumption solutions. In addition, the introduction of 5 G technology, along with the increasing use of high bandwidth RF components, will also bring various prospects for package system (SIP) market. For instance, in October 2020, AMD unveiled the widely awaited desktop processor lineup of the AMD Ryzen 5000 Series powered by the modern "Zen 3" architecture. AMD Ryzen 5000 series processors dominate highly threaded workloads1 and power efficiency2 with up to 16 cores, 32 threads and 72 MB of cache in the top-of-the-line AMD Ryzen 9 5950X, while the AMD Ryzen 9 5900X processor provides up to 26 percent generational increase in gaming performance. Such developments boosts the market growth.

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PSRAM (Pseudo Static Ram) Market Segment Analysis - By Geography

APAC region held the highest market share in 2019 and is anticipated to witness significant market growth during the forecast period 2020-2025. The market growth is attributed to growing telecommunication and networking sector in this region. As of September 2019, broadband penetration in India stood at 625.42 million, a rise of over 100 percent since the country's first 4 G networks were launched in 2015, according to the Department of Telecommunications. During the same timeframe, the consumption of data has become nearly 10 GB a month per subscriber. The quantum leap in broadband subscriptions has catapulted India to become the world's largest user of mobile data, overtaking the peak usage of the US and China. The growth of broadband network technologies has enhanced technological advances in the telecoms sector. According to World Bank data, fixed broadband subscriptions, in Malaysia, in year 2017 and 2018 was 2.68 million and 2.69 million respectively. The increase in the number of internet users, smartphone users, high-speed broadband customers, the number of network-connected devices, combined with the increase in video-driven application, social networking, mobile and advanced 4G /5G/ LTE networks are driving enormous bandwidth requirements that in turn push PSRAM 's networking applications. Moreover, in consumer electronics, high-speed output requirements are increasingly growing due to the increasing need for memory density and high processing power while retaining the expense of the device more or less unchanged. The PSRAM market in this area has thus been fuelled by a growth in the deployment of electronic devices and progress in the consumer electronics sector. Growing appetite for video on demand, video conferencing, gaming and home surveillance services and increasing demand for 4 K displays in high definition all promotes the development of the PSRAM market for the consumer sector. Additionally, rising innovations in the military and defence services to enhance protection and surveillance standards are major drivers of PSRAM’s growth within the region. In 2020, the Japan Aerospace Exploration Agency announced the deployment of early warning satellites in order to detect operations such as ballistic missile launches. Such measures are anticipated to boosts the market growth.

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PSRAM (Pseudo Static Ram) Market Drivers

Emerging high performance network applications

The evolving high performance network applications and increased demand for faster cache memories are some of the factors responsible for the growth of the Pseudo Static RAM industry. Moreover, faster switching time, power consumption and high durability compared to conventional RAM, efficient substitution of traditional memory technologies and expanded application base are also driving the market for Pseudo static RAM. Additionally, the cellular RAM market is increasingly growing and the use and use of PSRAM in cellular devices is expected to fuel the market in the coming years. Furthermore, the use of Pseudo Static RAM for high performance networking and telecommunications equipment has also been enhanced by developments in the next generation packet-switched network (NGN).

PSRAM (Pseudo Static Ram) Market Challenges

Higher Cost of Designing

High costs incurred in constructing and poor stability in harsh environments threaten the development of the Pseudo Static RAM industry. Different causes of variability have been found in the nano-scale circuit, such as process variations (PV) and ageing-induced variability, resulting in major differences between the operation of the circuit during design, after manufacturing, and after operation. Pseudo Static SRAMs are comparatively more costly than DRAMs, but they are often found in applications where high performance is required.

PSRAM (Pseudo Static Ram) Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the PSRAM (Pseudo Static Ram) market. As of 2019, the market for PSRAM (Pseudo Static Ram) market is consolidated with the top players including Fujitsu Ltd., Integrated Silicon Solutions Inc , Micron Technology, Inc, Elite Semiconductor Memory Technology Inc, NEC Electronics, Adesto Technologies Corporation, Inc, Renesas Technology Corp, UTMC Microelectronic Systems Inc, White Electronic Designs Corp and among others.

Acquisitions/Technology Launches/Partnerships

In June 2020, Integrated Solution Inc. partnered with Rochester Electronics. The partnership aimed at a development of high speed and low power ARAM and low and medium density DRAM.

In October 2018, a new family of high-speed CMOS pseudo SRAMs (PSRAMs) has been launched by Alliance Memory. This high-speed CMOS pseudo SRAMs ranges densities from 8Mb to 128Mb in 6.0 mm x 7.0 mm x 1.0 mm 48-ball FPBGA and 4.0 mm by 4.0 mm by 1.0 mm 49-ball FPBGA sets. The systems incorporate the most attractive features of SRAMs and DRAMs to provide designers with cellular, automobile, networking, and industrial applications with easy-to-use, low-power, and cost-effective memory solutions.

Key Takeaways

Pseudo Static RAM are available in various density such as 8Mb, 16Mb, 32Mb and others and various temperatures as they control the on-chip circuit operations. The key drivers of demand growth are the continuing developments by operators in LTE technology and the prevalence of smart phones owing to the growth of mobile data traffic due to the prominence of social networks.

APAC region held the highest market share in 2019 and is anticipated to witness significant market growth during the forecast period 2020-2025. The market growth is due to growing telecommunication and networking sector, demand for broadband network technologies, rising innovations in the military and defence services, others.

Related Reports :

A. Static Random Access Memory Market
https://www.industryarc.com/Report/15448/static-random-access-memory-market.html

B. 3D NAND Flash Memory Market
https://www.industryarc.com/Report/15309/3d-nand-flash-memory-market.html

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