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DRAM Module And Component Global Market Size, Share Report, Growth, Analysis, Key Players, Revenue, Future Trends, Forecast 2033 | SK Hynix Inc., Team Group Inc., Corsair Gaming Inc., Innodisk Corporation, Apacer Technology Inc.
DRAM Module And Component Global Market
The Business Research Company presents an extensive market research report on the DRAM Module And Component Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The dram module and component market size has grown steadily in recent years. It will grow from $96.63 billion in 2023 to $98.87 billion in 2024 at a compound annual growth rate (CAGR) of 2.3%. The growth in the historic period can be attributed to increased consumer electronics adoption, growth in data center infrastructure, growth in the gaming industry, globalization of electronics manufacturing, demand for high-bandwidth memory.
The dram module and component market size is expected to see steady growth in the next few years. It will grow to $109.12 billion in 2028 at a compound annual growth rate (CAGR) of 2.5%. The growth in the forecast period can be attributed to expansion of edge computing, demand for low-power dram, increasing adoption of wearables, focus on quantum computing development, supply chain resilience and security concerns. Major trends in the forecast period include transition to ddr5 technology, rising adoption of ai and machine learning, mobile devices driving lpddr5 adoption, advancements in 3d nand technology, market consolidation and partnerships.
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Key Market Players:
Major companies operating in the dram module and component market report are Samsung Electronics Co Ltd., SK Hynix Inc., Micron Technology Inc., Super Micro Computer Inc., Winbond Electronics Corporation, Powerchip Technology Corporation, ADATA Technology Co Ltd., Smart Modular Technologies Inc., Nanya Technology Corporation, Kingston Technology Corporation, Team Group Inc., Corsair Gaming Inc., Innodisk Corporation, Apacer Technology Inc., Super Talent Technology Corporation, PNY Technologies Inc., Silicon Power Computer & Communications Inc., Patriot Memory Inc., Transcend Information Inc., ATP Electronics Inc., Avant Technology Inc., VisionTek Products LLC, G.Skill International Enterprise Co. Ltd., Etron Technology Inc., Buffalo Americas Inc., Alliance Memory Inc., Ramaxel Technology (Shenzhen) Co Ltd.
Market Drivers:
The increased use of smartphones is expected to propel the growth of the DRAM module and component market going forward. Smartphones are mobile devices that offer advanced features, superior performance, and cutting-edge technology. In high-end smartphones, DRAM modules are typically integrated into the device's system-on-a-chip (SoC) or placed on the main logic board, which reduces power consumption in the battery. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The 95% (or around 65 million individuals) UK population will own a smartphone by 2025. Therefore, the increased use of smartphones is driving the growth of the DRAM module and component market.
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https://www.thebusinessresearchcompany.com/report/dram-module-and-component-global-market-report
The dram module and component market covered in this report is segmented -
1) By Type: DDR2 DRAM, DDR3 DRAM, DDR4 DRAM, DDR5 DRAM, LPDRAM, GDDR, HBM, Other Types
2) By Memory: Upto 1GB, 2GB, 3-4GB, 6-8GB, Above 8GB
3) By End-User Industries: Consumer Electronics, Mobile Devices, Servers, Computers, Automobiles, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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