The DRAM Module And Component Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s DRAM Module And Component Global Market Report 2024, 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.
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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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
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 dram module and component market report table of contents includes:
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. Global DRAM Module And Component Market Size and Growth
….
31. Global DRAM Module And Component Market Competitive Benchmarking
32. Global DRAM Module And Component Market Competitive Dashboard
33. Key Mergers And Acquisitions In The DRAM Module And Component Market
34. DRAM Module And Component Market Future Outlook and Potential Analysis
35. Appendix
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