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DRAM Module And Component Global Market Report 2024 - By Growth, Size, Share, Trends, Forecast To 2033

03-14-2024 05:12 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

DRAM Module And Component Market

DRAM Module And Component Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through DRAM Module And Component Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
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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Market Segmentation:
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

Major Driver - Increased Use Of Smartphones
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.

Competitive Landscape:
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.

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https://www.thebusinessresearchcompany.com/report/dram-module-and-component-global-market-report

Top Trend - Technological Advancement In Chip Development
Technological advancement is the key trend gaining popularity in the DRAM module and component market. Major companies operating in the DRAM module and component market are focusing on developing new technologies to sustain their position in the market. For instance, In 2023, NEO Semiconductor a us-based company that designs and develops architectures for 3D NAND flash and other memory systems. introduced its groundbreaking 3D X-DRAM technology, which is a significant advancement in the memory industry. This technology offers several benefits, including the world's first 3D NAND-like DRAM cell array structure, a 128 Gb density with 230 layers (8 times higher than today's DRAM density), easier manufacturing and scaling, reduced risk and cost compared to 3D DRAM alternatives, high yields, and a self-aligned, 3D NAND-like process. The 3D X-DRAM technology is targeted to solve DRAM's capacity bottleneck and replace the entire 2D DRAM market, simplifying the process steps and providing a high-speed, high-density, low-cost, and high-yield solution.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. DRAM Module And Component Market Characteristics
3. DRAM Module And Component Market Trends And Strategies
4. DRAM Module And Component Market - Macro Economic Scenario
5. DRAM Module And Component Market Size And Growth
…..
27. DRAM Module And Component Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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