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Increasing Mergers & Acquisitions Will Bolster the Global Tablet DRAM Market from 2014 to 2018: TechNavioThe increased adoption of mobile DRAM in tablets has led to the steady growth of the Global Tablet DRAM Market, which is expected to post a CAGR of 10.64 percent from 2014-2018, says research firm TechNavio. Tablets are one of the major application areas for mobile Dynamic Random Access Memory (DRAM) and the development of tablets with high memory capacities has triggered further demand in this segment. About the Report According to the latest report by TechNavio, the Global Tablet DRAM Market is witnessing increased consolidation, which is expected to continue during the forecast period. Existing vendors and new entrants are relying on mergers and acquisitions when entering the market or broadening their product offerings. "In July 2013, Micron Technology (News - Alert) acquired Elpida. Prior to the acquisition, Micron Technology was ranked fourth and Elpida third in the Global Mobile DRAM Market. The acquisition is expected to help Micron Technology strengthen its foothold in the market," says Faisal Ghaus, Vice President of TechNavio. Rapid advances in technology have also led to an increase in the application of mobile DRAMs, from traditional uses to various new product segments. These advances help vendors implement cutting-edge technology in the production process that could lead to the development of compact-sized DRAM with highr efficiency. Key Information Covered in the Report:
TechNavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the DRAM Market: If you are interested in more information, please contact our media team at [email protected].
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