DRAM Market Expected to Grow at a CAGR of 28.70% by 2027 | Top Companies are Samsung Electronics Co. Ltd., Winbond Electronics Corporation, Nanya Technology Corporation, ATP Electronics Inc. and Micron Technology Inc.

Market Highlights

DRAM refers to dynamic random access memory when expanded. It is a type of semiconductor memory used for program code or data code required for the functioning of the computer processor. In short, DRAM is a type of RAM that is used in personal computers, servers, laptops, and workstations. RAM does the function of permitting access to any part of memory directly instead of to sequential procedure from the beginning. RAM allows faster access when compared to storage media like hard disk drives.

DRAM cell consists of a capacitor and transistor. As DRAM memory cells are dynamic, it consumes a large amount of power and requires to be recharged as soon as it is used. DRAM is available in many forms based on the applications. RAMS like static RAM (SRAM), electrically erasable programmable read-only memory (EEPROM) are some of the alternatives of DRAM. The usage of DRAM in upcoming devices like ultra-thin notebooks and hybrid systems has resulted in the growth of the DRAM market.

The pandemic situation of COVID’19 affected even the DRAM market. As complete lockdown was declared all over the globe, it affected the manufacture of DRAM, and many industries faced huge losses. However, the pandemic situation is coming under control, the DRAM market is progressing in an increasing mode.

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Segmentation:

The DRAM market can be segmented on application, technology, memory, and geography. The DRAM market can be divided into mobile devices, networking devices, consumer electronics, and personal computers based on application. When technology is considered, the DRAM market is divided into DDR2 DRAM, DDR3 DRAM, DDR4 DRAM, and DDR5 DRAM. DDR here refers to a double data rate. The DRAM market is divided into 2GB, 4 GB, 8 GB, and others based on memory. Based on geography, the DRAM market is divided into North America, Europe, Asia Pacific, and the rest of the world.

Regional classification

When the application segment is analyzed, the mobile devices segment is expected to contribute to the growth of the DRAM market. Geographically analyzed, the DRAM market is forecasted to grow significantly in North America, followed by other regions. This growth is the only reason for several technological improvements in this region.

Industry news

When analyzed globally, DRAM Market is expected to reach USD 206.5 Billion by 2028 with a CAGR of 8.77% during the forecast period 2021 to 2028. When the semiconductor memory chips market is considered, the market analysis done in 2019 states that the DRAM segment dominated the semiconductor memory chips market by holding a 45% share. The growing usage of new technologies like ultra-thin notebooks offering long batteries and excellent performance mainly depends on DRAM technology. The availability of high-speed internet, demand for smart devices, high-memory smartphones, and tablets results in the DRAM market. The latest scenario is that number of data centres and cloud services providers is increasing. Such providers require high-speed data transfer, backup facilities, and cooling facilities. All these facilities can be provided by DRAM, and this functionality has created the DRAM market. Further, the introduction of 5G technology may take the DRAM market to new heights in the coming future.

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DRAM Market: By Type (Synchronous DRAM, Burst Extended Data Output, Extended Data Output, Asynchronous DRAM, Fast Page Mode), By Technology (DDR4, DDR3, DDR5/GDDR5 and DDR2) and By Application (Mobile Phones, PCs/laptops, Gaming Consoles and Networking Devices) - Forecast till 2027

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