The Demand for DRAM Memory has been decent increase and is projected to grow during the forecast period
The report published by Knowledge Sourcing Intelligence titled “DRAM Memory Market – Forecasts From 2019 To 2024” studies the various factors affecting the demand for DRAM Memory among end-users worldwide. The market has been segmented by type (ADRAM, SDRAM, RDRAM, others), and industry vertical (consumer electronics, communication and technology, automotive, manufacturing).
In conjunction with this, the demand for DRAM Memory has been estimated across major geographies namely Americas, Europe Middle East and Africa and Asia Pacific. To give a clearer view of this market across these geographies, the regional market has been further segmented into countries which account for a significant share in the market. DRAM is a form of random-access memory used to provide working memory. The demand for DRAM will witness a rise during the forecast period owing to their increasing usage in consumer electronics and communication devices due to their low costs and higher capacities. However, the cyclical nature of the semiconductor industry will pose a heavy restrain to the market in the coming years.
By industry vertical, consumer electronics will have a significant share in the market
DRAM has been used primarily in computers and other similar devices, thus capturing a significant share. The segment will also witness multiple growth opportunities during the forecast period owing to the increasing affordability of consumer electronic devices and rising awareness due to increased advertisement activities in developing economies, the demand for DRAM.
Asia Pacific will hold a substantial portion of the Global DRAM Memory Market
The Asia Pacific region will hold a noticeable portion of the Global DRAM Memory Market in both value and volume owing to the semiconductor manufacturing activities in the region. The rise in the manufacturing of consumer electronics and communication devices in the region will be the key driver of the growth of the DRAM market in the region.
This report also includes a study of strategies and product portfolios of some of the leading companies in the Global DRAM Memory Market. Major companies profiled as a part of this report are Samsung, SK Hynix, Micron Technology, Nanya, Winbond, Elpida, Mosel Vitelic Corporation, Mushkin Enhanced, and Kingston Technology Company LLP.
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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