Dynamic Random Access Memory (DRAM) Market Size Driven by Rising Demand for Mobile Devices and Servers | Valuates Reports

Dynamic Random Access Memory (DRAM) Market Size
In 2024, the global market size of Dynamic Random Access Memory (DRAM) was estimated to be worth US$ 83510 million and is forecast to reach approximately US$ 158240 million by 2031 with a CAGR of 9.7% during the forecast period 2025-2031.

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The Dynamic Random Access Memory (DRAM) Market is witnessing significant market growth as the demand for high-performance computing, cloud services, and mobile devices continues to surge. DRAM remains one of the most critical memory technologies in the semiconductor industry, offering fast access speeds and cost-effective storage for a wide range of applications. Market trends indicate that the overall market size will expand steadily, fueled by data-intensive technologies such as artificial intelligence, 5G, and edge computing.

By type, DDR4 holds the largest market share owing to its high bandwidth and power efficiency, making it the preferred choice for modern servers, PCs, and gaming systems. DDR3 continues to support legacy devices and cost-sensitive markets, maintaining relevance where compatibility is essential. The others segment, including next-generation technologies like DDR5, is expected to record the fastest market growth as enterprises and device makers shift toward higher-capacity, energy-efficient solutions.

In terms of application, the mobile device sector dominates the market share, driven by the widespread adoption of smartphones, tablets, and wearables that rely on DRAM for smooth multitasking and efficient performance. The server segment is set to witness the fastest growth, powered by expanding data center infrastructures and the rapid rise of cloud computing services. Computers remain a steady contributor to market size, while other applications such as automotive and industrial electronics are emerging as promising growth areas.

Looking ahead, the market forecast suggests that advancements in process technology, growing demand for low-power, high-density memory, and the rollout of DDR5 will further accelerate market growth. With DRAM continuing to serve as the backbone of modern digital infrastructure, the Dynamic Random Access Memory Market is positioned for long-term expansion and a growing market share in the global semiconductor landscape.

Segment by Type

• DDR3
• DDR4
• Others

Segment by Application

• Mobile Device
• Computers
• Server
• Others

By Company

Samsung Electronics Co. Ltd., SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation

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