Quick Summary:
In an era driven by data and technology, the increasing need for efficient memory storage has made the global Dynamic Random Access Memory (DRAM) Market more potent than ever. As the market is projected to grow beyond $135.3 billion by 2030, having a strategic understanding of its dynamics becomes critically important for business leaders across sectors.
This comprehensive report offers an in-depth analysis of the market, identifying emerging trends, growth sectors, and valuable insights into regional performance, with specific focus on the U.S. and China's growth trajectories. Showcasing data on competition and market shares across various geographic locations, it equips decision-makers with a competitive edge in strategic planning. By investing in this market research report, you gain access to essential tools needed to navigate the DRAM market effectively and capitalize on its promising outlook. Additionally, purchasers will receive complimentary updates for a year, ensuring consistent alignment with the market's movements.
Global Dynamic Random Access Memory (DRAM) Market to Reach $135.3 Billion by 2030
The global market for Dynamic Random Access Memory (DRAM) estimated at US$85.4 Billion in the year 2022, is projected to reach a revised size of US$135.3 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Handheld Devices, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$49 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Computers segment is readjusted to a revised 5.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $22.8 Billion, While China is Forecast to Grow at 9.2% CAGR
The Dynamic Random Access Memory (DRAM) market in the U.S. is estimated at US$22.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$31.8 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Select Competitors (Total 46 Featured) -
- Kingston Technology Co., Inc.
- Micron Technology, Inc.
- Nanya Technology Corporation
- Samsung Electronics Co., Ltd.
- SK Hynix, Inc.
- Transcend Information, Inc.
- Winbond Electronics Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Dynamic Random Access Memory (DRAM)?
What is the growth rate of the Global Market for Dynamic Random Access Memory (DRAM)?
What is the forecasted size of the Global Market for Dynamic Random Access Memory (DRAM)?
Who are the key companies in the Global Market for Dynamic Random Access Memory (DRAM)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 85.4 Billion |
| Forecasted Market Value ( USD | $ 135.3 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Kingston Technology Co., Inc.
- Micron Technology, Inc.
- Nanya Technology Corporation
- Samsung Electronics Co., Ltd.
- SK Hynix, Inc.
- Transcend Information, Inc.
- Winbond Electronics Corporation
