Memory Semiconductor Market for Communications Industry is expected to hold a significant market share during the forecast period.
Semiconductors are used for the fabrication of chips used in smart devices. A significant increase in the disposable income acts as a driver to push the demand for smartphones, wearables and other communication devices. Moreover, these devices are now being manufactured with specifications comparable with PCs and laptops apart from this booming expenditure in R&D to bring the state-of-art technology is being done which shows a significant increase in demand of semiconductors for this industry during the forecasted period.
DRIVERS
Focus by the smartphone manufacturers to increase internal storage capacity.
Increasing investment in the data centers.
RESTRAINTS
Weak demand for smartphones
Cyclical prices.
INDUSTRY UPDATE
In July 2018, Samsung Electronics started the mass production of its 2nd generation of 10-nanometer-class*, LPDDR4X DRAM that has the ability to improve the efficiency and lower battery power consumption of smartphone and other mobile application
The major players profiled in the memory semiconductor market for the communication industry include Samsung Corporation, Intel Corporation, and Micron Technology among others.
Segmentation
The memory semiconductor market for the communication industry has been analyzed through the following segments:
Target audience
Manufacturers
Suppliers
Distributors
Service Providers
Government Agencies
Research Organizations
Consultants