Dynamic Random Access Memory (DRAM) Market Global Industry Analysis, Size, Share, Trends, And Forecast 2030

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Dynamic Random Access Memory (DRAM) market was worth USD 66.8 billion in 2021 and is poised to amplify at a CAGR of 7% over 2022-2030.

The programme code required for a computer's processor to operate is stored in Dynamic random access memory, also known as DRAM. It is a typical kind of random access memory that is utilised in workstations, servers, and personal computers. Instead of starting at one point and working its way through the memory sequentially, random access enables the PC processor to freely visit any area of memory. A computer's RAM, which is situated near to the processor, provides faster access to data than any other type of storage device, including solid-state drives and hard disc drives.

DRAM has one transistor and a straightforward design, which are its main advantages. In comparison to SRAM, it is also more affordable and offers higher densities. More information can be stored in it, and its memory can be updated or erased. DRAM's volatile memory and high power consumption in comparison to other choices are its drawbacks. The product requires complicated production, data in storage cells must be updated, and it is slower than SRAM.

Dynamic Random Access Memory (DRAM) market was worth USD 66.8 billion in 2021 and is poised to amplify at a CAGR of 7% over 2022-2030.

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Global Dynamic Random Access Memory (DRAM) Market- Segmental Analysis

By Architecture:

  • DDR3
  • DDR4
  • DDRS
  • DDR2

By Application:

  • Smartphones/Tablets
  • PC/Laptop
  • Datacentre
  • Graphics
  • Consumer Products
  • Automotive
  • Others

The automotive segment is poised to amass notable gains over the assessment timeframe owing to the rising integration of AI and Automation technologies in vehicles to enhance their operational efficiency.

Global Dynamic Random Access Memory (DRAM) Market: Geographical Landscape

 

The major regions constituting the geographical ambit of this business sphere are North America, Middle East Africa, Europe, Asia Pacific, and Latin America. Among these, Asia Pacific is projected to showcase lucrative expansion trends over 2022-2030. This is attributable to the rapidly evolving consumer electronics industry, developments in the semiconductor market in China, presence of noteworthy players, surging per capita income, and growing smart device proliferation.

Global Dynamic Random Access Memory (DRAM) Market: Competitive Hierarchy

The prominent companies operating in this business vertical are Micron Technology Inc., Samsung Electronics Co. Ltd., Nanya Technology Corp., Kingston Technology, Intel, Elpida Memory Inc., Etron Technology Inc., Advanced Micro Device (AMD), and Texas Instruments (TI).

Notably, in October 2019, Intelligent Memory amplified its DRAM line with a new series of LPDDR4 (X) devices equipped with integrated ECC (error correction code) capabilities. The LPDDR4 and LPDDR4X memories thus, run at very high speeds with low operating voltages and power consumption.

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