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Emerging Trends to Drive DRAM Module And Component Market Growth at 2.9% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.DRAM Module And Component Market Size Growth Forecast: What to Expect by 2025?
The dimension of the dram module and component market has experienced marginal expansion in the past few years. It is anticipated to surge from $97.12 billion in 2024 to $98.49 billion in 2025, showcasing a compound annual growth rate (CAGR) of 1.4%. The historic period's growth can be credited to several factors such as the rise in consumer electronics adoption, enhancement in data center infrastructure, expansion in the gaming industry, worldwide proliferation of electronics manufacturing, and high-bandwidth memory demand.
How Will the DRAM Module And Component Market Size Evolve and Grow by 2029?
In the coming years, the market size of the dram module and component is predicted to experience consistent expansion. By 2029, it will have grown to $110.47 billion, with a compound annual growth rate (CAGR) of 2.9%. This projected growth can be linked to factors such as edge computing expansion, increased demand for low-power DRAM, more widespread use of wearable technology, emphasis on quantum computing development, supply chain resilience and issues surrounding security. As we move into the forecast period, significant trends look set to include the transition to DDR5 technology, increased utilization of AI and machine learning, accelerating LPDDR5 adoption driven by mobile devices, advancements in 3D NAND technology, and the consolidation and partnership of market players.
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What Drivers Are Propelling the Growth of DRAM Module And Component Market Forward?
The surge in smartphone usage is predicted to fuel the expansion of the DRAM module and component market in the future. Smartphones are handheld devices that come equipped with advanced functions, top-tier performance, and state-of-the-art technology. In top-of-the-line smartphones, DRAM modules are usually embedded into the device's system-on-chip (SoC) or situated on the primary logic board, resulting in reduced battery power consumption. For example, Uswitch Limited, a UK-based financial conduct regulator, reported in February 2023 that there were 71.8 million mobile connections in the UK in 2022. By 2025, 95% (or approximately 65 million people) of the UK population will possess a smartphone. Thus, the escalating smartphone usage is propelling the growth of the DRAM module and component market.
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Which Emerging Trends Are Transforming the DRAM Module And Component Market in 2025?
The DRAM module and component market is seeing a pronounced upswing in popularity for technological developments. Prominent firms active in this market are zeroing in on fostering new technologies to maintain their market presence. For example, in 2023, NEO Semiconductor, an American firm known for its designing and development of systems for 3D NAND flash and other memory modules, launched their innovative 3D X-DRAM technology, marking a considerable progression in the field of memory. This breakthrough technology presents various advantages such as the debut of the world's first 3D NAND-like DRAM cell array structure, eight times the existing DRAM density with a 128 Gb density having 230 layers, simplified manufacturing and scaling, minimised risk and cost contrary to 3D DRAM substitutes, high yield, and a 3D NAND-like self-aligned process. The 3D X-DRAM technology principally aims to tackle the issue of capacity limitations in DRAM and intends to replace the whole 2D DRAM market, thereby streamlining the process and offering a solution that promises high-speed, greater density, budget-friendly, and maximum yield.
What Are the Key Segments in the DRAM Module And Component Market?
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
Subsegments:
1) By DDR2 DRAM: Standard DDR2, DDR2 SDRAM
2) By DDR3 DRAM: Standard DDR3, DDR3 SDRAM
3) By DDR4 DRAM: Standard DDR4, DDR4 SDRAM
4) By DDR5 DRAM: Standard DDR5, DDR5 SDRAM
5) By LPDRAM (Low Power DRAM): LPDDR2, LPDDR3, LPDDR4, LPDDR5
6) By GDDR (Graphics DDR): GDDR5, GDDR5X, GDDR6, GDDR6X
7) By HBM (High Bandwidth Memory): HBM1, HBM2, HBM2E, HBM3
8) By Other Types: SDRAM, DRAM With Specific Applications
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Who Are the Key Players Shaping the DRAM Module And Component Market's Competitive Landscape?
Major companies operating in the DRAM module and component market include 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.
What Geographic Markets Are Powering Growth in the DRAM Module And Component Market?
Asia-Pacific was the largest region in the DRAM module and component market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DRAM module and component market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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