Dynamic Random Access Memory (DRAM) Market to grow by USD 163.03 billion from 2022 to 2027, Growth Driven by Growth of smart cities- Technavio
NEW YORK, Sept. 24, 2023 /PRNewswire/ -- The Dynamic Random Access Memory (DRAM) Market by application (computers, mobile devices, consumer electronics, and networking devices), technology (DDR2, DDR3, DDR4, and DDR5), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the dram market from 2022 to 2027 is USD 163.03 billion. The growth of smart cities is one of the key drivers supporting the growth of the dynamic random access memory market. Smart cities are designed to integrate IoT and information and communications technology (ICT) into urban infrastructure and improve the efficiency of urban services. This is expected to enhance the design, planning, and construction of technologically advanced infrastructure, buildings, and other structures. In addition, DRAM is expected to be used to develop various IoT devices and other devices aimed at smart city development. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and more. Buy the full report here
Various upcoming and improved technologies that offer price benefits are one of the significant challenges restricting market growth. Another challenge restricting the market growth is the increasing demand-supply gap.
Learn about additional key drivers, trends, and challenges available with Technavio. Read Sample PDF Report Now
The dram market is segmented by application (computers, mobile devices, consumer electronics, and networking devices), technlogy (DDR2, DDR3, DDR4, and DDR5), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the dram market:
Advantech Co. Ltd., Alliance Memory Inc., Apacer Technology Inc., Elite Semiconductor Microelectronics Technology Inc., Elite Semiconductor Microelectronics Technology Inc., Fujitsu Ltd., GSI Technology Inc., Infineon Technologies AG, Integrated Silicon Solution Inc., Intel Corp., Kingston Technology Co. Inc., Micron Technology Inc., Nanya Technology Corp., Powerchip Semiconductor Manufacturing Corp., Samsung Electronics Co. Ltd., Shenzhen Longsys Electronics Co. Ltd., SK hynix Co. Ltd., Texas Instruments Inc., Transcend Information Inc., and Winbond Electronics Corp.
The Magneto-resistive random-access memory (MRAM) market is estimated to grow at a CAGR of 34.35% between 2022 and 2027. The market size is forecasted to increase by USD 1,483.85 million. This MRAM market report extensively covers market segmentation by end-user (automotive and aerospace and defense, enterprise storage, consumer electronics, and robotics), type (STT MRAM and T MRAM), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The low power consumption is notably driving the magneto-resistive RAM (MRAM) market growth.
The Data Center Chip Market size is estimated to grow at a CAGR of 3.53% between 2022 and 2027. The market size is forecast to increase by USD 2,893.67 million. This data center chip market report extensively covers market segmentation by product (GPUs, ASICs, CPUs, and FPGAs), business segment (small medium, and large), and geography (North America, APAC, Europe, South America, and Middle East and Africa). Advancements in chip technology are key factors driving the growth of the global data center chip market.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Technology
Market Segmentation by Geography
Drivers, Challenges, & Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/dynamic-random-access-memory-dram-market-to-grow-by-usd-163-03-billion-from-2022-to-2027--growth-driven-by-growth-of-smart-cities--technavio-301935796.html
Solutions Showcase Session
Future of Work Expo #TECHSUPERSHOW Expo Hall Open
Enteprise Metaverse Expo #TECHSUPERSHOW Expo Hall Grand Opening