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Dynamic Random Access Memory (DRAM) Market Global Outlook 2021-2025 | Samsung Electronics Co. Ltd, Micron Technology Inc., Intel Corporation, Transcend Information

07-15-2021 07:19 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

Market Insights Reports delivers key insights on the Dynamic Random Access Memory (DRAM) market in its latest report titled, “Dynamic Random Access Memory (DRAM) Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2025)” provides an in-depth analysis of key players strategies, market growth, product demand, growth factors, technological innovations, regional outlook and global dynamics which includes drivers, challenges, and opportunities dominant in the industry. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Dynamic Random Access Memory (DRAM) Market was valued at USD 80.68 billion in 2019. It is expected to reach a value of USD 110.62 billion by 2025 at a CAGR of 5.44% over the forecast period (2020 - 2025).

Market Overview:

The increasing adoption of microcontroller and memory ICs in automobile electronics and the growing application of memory storage chips in electronic devices is one of the significant factors driving DRAM products' demand. Further, rising demand for consumer electronics led to DRAM being a considerably low cost and high-performance option. With DRAM being used in wearable gadgets, like smartwatches, the allied production capacities are expected to continue to grow.

- DRAM has witnessed significant developments as it moved its applications beyond personal computers and mobile devices into servers, automotive, and cloud applications. Such diversification is expected to drive the market studied, over the forecast period.

- Server Memory, for instance, has witnessed increased demands with data center loads rising. Multiple new constructions globally and increasing capacities to the exciting centers have led significant attention from the market vendors. In 2020, SK Hynix announced roadmap details to accompany its Q1 earnings. It shared plans on developing 1ynm mobile DRAM, LPDDR5 DRAM, and 64GB server DRAM product sales.

Get a Free Sample PDF Copy of the Latest Research on Dynamic Random Access Memory (DRAM) Market 2021 Before the purchase:

https://www.marketinsightsreports.com/reports/10192355659/dynamic-random-access-memory-dram-market-growth-trends-and-forecasts-2020-2025/inquiry?mode=28     

Top Key Players in the Global Dynamic Random Access Memory (DRAM) Market: Samsung Electronics Co. Ltd, Micron Technology Inc., SK Hynix Inc., Nanya Technology Corporation, Winbond Electronics Corporation, Powerchip Technology Corporation, Intel Corporation, Transcend Information, and Others.

Industry News and Update:

- February 2020 - Samsung announced the commencement of Mass Production of 16GB LPDDR5 DRAM for Next-Generation Premium Smartphones. The data transfer rate for the 16GB LPDDR5 comes in at 5,500 megabits per second (Mb/s), nearly 1.3 times faster than the previous counterpart. Compared to an 8GB LPDDR4X package, the new mobile DRAM delivers more than 20-percent energy savings while providing up to twice the capacity.

- February 2020 - Micron, announced the delivery of its low-power DDR5 DRAM in mass production for featuring in Xiaomi Mi 10 smartphone. With Xiaomi being a memory technology partner, this LPDDR5 DRAM aims at providing power efficiency and faster data access speeds to meet artificial intelligence (AI) and 5G functionality in smartphones.

Key Market Trends:

Automotive Segment to Drive the Market Growth

- The automotive segment leads to a significant boost to DRAM productions. The Driver Awareness Systems (ADAS) and self-driving vehicle systems have been increasingly demanding processors that require the memory capacity and bandwidth only possible with DRAM. Thus, the market landscape has been required to adhere to safety-critical automotive systems, as well as common concerns regarding error rates and meeting stringent automotive standards such as ISO 26262.

- Similarly, in October 2019, Intelligent Memory expanded its DRAM line with a new series of LPDDR4(X) devices with integrated ECC (error correction code) capabilities. The LPDDR4 and LPDDR4X memory, thus, run at very high speeds with very low operating voltages and power consumption. With design operability featuring higher temperature ranges up to 125C and being AEC-Q100-qualified, it is made suitable for automotive applications.

- Also, significant demand across in-vehicle infotainment systems and ultra-high-speed in-vehicle connectivity drove Valens and Micron to collaborate. Therefore, the partnership aims to develop automotive platforms to fulfill the needs of autonomous, advanced driver-assistance systems (ADAS) as well as next-gen in-vehicle infotainment systems.

- With overall sales of electric vehicles (EVs) growing, the EEI reported that as of September 2019, over 1.3 million electric vehicles were on U.S. roads. Significant quantities of DRAM, NAND flash, and SSD storage are used in modern automobiles, thus contributing to the growth of the market studied, over the forecast period. Additional supportive government regulations in favor of the global electric vehicle market are further augmenting the demand for DRAM.

Browse Complete Report details with Table of Content:

https://www.marketinsightsreports.com/reports/10192355659/dynamic-random-access-memory-dram-market-growth-trends-and-forecasts-2020-2025?mode=28     

Top Line Market Forecast:

Both Regional and Global sectors are included in the Outlook, with special breakouts for the NAM, European, MENA, and Asia-Pacific regions. The data covered is from 2015 to 2019 historically and from 2020 to 2025 forecasted, it also includes the impact of Covid-19 both on the short- and long-term prospects of the industry.      

This Dynamic Random Access Memory (DRAM) Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place                   

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format

- 3 months of analyst support

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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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