The programme code required for a computer's processor to operate is stored in Dynamic random access memory, also known as DRAM. It is a typical kind of random access memory that is utilised in workstations, servers, and personal computers. Instead of starting at one point and working its way through the memory sequentially, random access enables the PC processor to freely visit any area of memory. A computer's RAM, which is situated near to the processor, provides faster access to data than any other type of storage device, including solid-state drives and hard disc drives.
The expansion of personal computing devices is anticipated to fuel growth in the global market for dynamic random access memory during the course of the projected period. In the upcoming years, market expansion is anticipated to be driven by the rising demand for high-memory smartphones and tablets, the requirement for quick online operability, and the accessibility of internet connectivity. Furthermore, it is anticipated that increased demand for dynamic random access memory (DRAM), particularly in data centre infrastructures, would result from growing interest in cloud computing and the requirement for high-speed communication. Dynamic RAM is a low-power, high-density memory technology that can manage the cooling, high-speed data transfer, and backup requirements of cloud services.
DRAM has one transistor and a straightforward design, which are its main advantages. In comparison to SRAM, it is also more affordable and offers higher densities. More information can be stored in it, and its memory can be updated or erased. DRAM's volatile memory and high power consumption in comparison to other choices are its drawbacks. The product requires complicated production, data in storage cells must be updated, and it is slower than SRAM.
The DRAM industry is expected to develop in the next years due to the rising use of memory storage chips in a variety of electronic products. Another important reason that is anticipated to grow the market is the increased use of memory ICs and microcontrollers in automotive electronics.
Dynamic Random Access Memory (DRAM) market was worth USD 66.8 billion in 2021 and is poised to amplify at a CAGR of 7% over 2022-2030.
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Dynamic Random Access Memory (DRAM) Market- Segmental Analysis
By Architecture:
- DDR3
- DDR4
- DDRS
- DDR2
By Application:
- Smartphones/Tablets
- PC/Laptop
- Datacentre
- Graphics
- Consumer Products
- Automotive
- Others
The automotive segment is poised to amass notable gains over the assessment timeframe owing to the rising integration of AI and Automation technologies in vehicles to enhance their operational efficiency.
Global Dynamic Random Access Memory (DRAM) Market: Geographical Landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, Asia Pacific is projected to showcase lucrative expansion trends over 2022-2030. This is attributable to the rapidly evolving consumer electronics industry, developments in the semiconductor market in China, presence of noteworthy players, surging per capita income, and growing smart device proliferation.
Key Market Players:
The prominent companies operating in this business vertical are Micron Technology Inc., Samsung Electronics Co. Ltd., Nanya Technology Corp., Kingston Technology, Intel, Elpida Memory Inc., Etron Technology Inc., Advanced Micro Device (AMD), and Texas Instruments (TI).
Notably, in October 2019, Intelligent Memory amplified its DRAM line with a new series of LPDDR4 (X) devices equipped with integrated ECC (error correction code) capabilities. The LPDDR4 and LPDDR4X memories thus, run at very high speeds with low operating voltages and power consumption.
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