 Market Demand.webp)
Dynamic Random-Access Memory (DRAM) Market size was valued at USD 5.47 billion in 2024 and is anticipated to exceed USD 9.41 billion by the end of 2037, expanding at over 4.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of dynamic random-access memory is evaluated at USD 5.66 billion.. The growth of the market can be attributed to the increasing demand for dynamic random-access memory over other options owing to faster and more dynamic performance. Dynamic random-access memory is highly utilized in several applications such as smartphones, personal computers, and others which are estimated to hike the production volume of DRAM at a higher scale. For instance, in Taiwan alone, approximately 4 billion dynamic random-access memory were produced in 2021, up from 3 billion in 2018.
In addition to these, a dynamic random-access memory requires only one transistor. It also has a larger storage capacity compared to other options where it can store more data. Hence, increasing data traffic owing to several digital activities in each sector backed by the higher penetration of Internet services is expected to influence the market growth over the forecast period. For instance, in 2019, approximately 20 exabytes of data were generated per month across the globe. Additionally, increasing digitalization worldwide coupled with higher investment by the government and private organizations is also expected to expand the market size over the forecast period. As of 2023, global spending on services to support digitalization is expected to be around USD 2 trillion over the forecast period.
Growth Drivers
Growing Manufacturing of Smartphones – The RAM provided in smartphones is called DRAM which is generally used as the main memory. Dynamic random-access memory is a vital part of modern smartphones. Hence, the growing utilization of smartphones is expected to drive market growth over the forecast period. For instance, in 2023, approximately 6 billion people were noticed to be using smartphones which was an increase from nearly 3 billion in 2016.
Rising Trend of Working from Home to Boost Market Growth – A surge in the work-from-home facility is noticed to hike the demand for personal laptops or computers since each employee requires a single device to work with. For instance, the process of working from home in America was observed to rise from approximately 4% in early 2019 to nearly 60% in 2020. Additionally, it was also observed that around 40% of employees across the globe can work from home.
Increasing Inclination of the Global Population towards Online Gaming – Owing to the increment in online gaming, the demand for smartphones and laptops with high performance is estimated to drive the growth of the market over the forecast period. for instance, as of 2019, there nearly 3 billion online gamers were estimated to live across the globe who has spent more than USD 140 billion on these games.
Growing Prevalence of E-Leaning - During the COVID-19 pandemic, the trend of e-learning was at its peak which is still growing owing to its countless benefits. For a better e-learning process, students and teachers are required to have at least a laptop or smartphone. Hence, the growing online classes are expected to hike the market growth over the forecast period. For instance, it was found that more than 80% of companies and 55% of students have used some type of e-learning platform.
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.4% |
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Base Year Market Size (2024) |
USD 5.47 billion |
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Forecast Year Market Size (2037) |
USD 9.41 billion |
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Regional Scope |
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Application (Smartphones, PC/Laptops, Consumer Products, Automotive, Datacenter, Graphics)
The global dynamic random-access memory (DRAM) market is segmented and analyzed for demand and supply by application into smartphones, PC/laptops, consumer products, automotive, datacenter, and graphics. Out of these types of applications, the PC/laptops segment is estimated to gain the largest market share in the year 2037. The growth of the segment can be attributed to the increasing utilization of dynamic random-access memory (DRAM) in PC and laptops since it is faster than RAM backed by the upsurged demand for these electronics among the global population. Dynamic random-access memory (DRAM) is used in the main memory of the computer and each cell is made of a transistor and a capacitor within an integrated circuit. The demand for DRAM is escalated by the upsurged sales volume of personal computers since millionths of PCs are shipped globally every year. For instance, in 2022, more than 300 million units of personal computers were shipped worldwide backed by the higher IT device spending in a similar year which was expected to be around USD 700 billion in the similar year.
The smartphone segment of the global dynamic random-access memory (DRAM) market is expected to garner the second-largest share during the forecast period. the growth of the segment can be accounted to the growing penetration of smartphones across the globe. There are several factors that are estimated to support the long-term growth of smartphones such as convenience to use for consumers. People use smartphones for several purposes from daily household work to financial activities, hence, a mobile phone is required to be fast which is possible through the utilization of dynamic random-access memory (DRAM). Furthermore, DRAM is an affordable option compared to others. Smartphones are one of the major applications of dynamic random-access memory since every type of query can be answered within seconds which is expected to boost the sales and manufacturing of smartphones over the forecast period.
Our in-depth analysis of the global market includes the following segments:
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By Architecture |
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By Application |
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APAC Market Statistics
The Asia Pacific dynamic random-access memory (DRAM) market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rapid growth of the semiconductor industry in China and Japan, and the rising production capacities of memory IC companies in the region. In addition, higher manufacturing of chip and electronic components and governmental support to regional vendors in countries namely China, India, Japan, South Korea, and Taiwan, is also expected to boost the growth of this region’s market in the future. For instance, it was estimated that in India, the electronics hardware manufacturing industry reached approximately USD 100 billion in 2020.
North American Market Forecast
The North American dynamic random-access memory (DRAM) market, amongst the market in all the other regions, is projected to hold the second largest share during the forecast period. The growth of the market can be attributed majorly to the increasing manufacturing of DRAM chips in the region backed by the spiking demand for smartphones and personal laptops in the region. In North America, a higher number of adults are involved in online gaming which is one of the major factors hiking the demand for personal computers in the region. For instance, in the United States, the video games segment was projected to reach approximately USD 100 billion by the year 2027.
Europe Market Forecast
The European dynamic random-access memory (DRAM) market, amongst the market in all the other regions, is projected to hold a notable share during the forecast period. Factors such as the presence of the major manufacturers of dynamic random-access memory (DRAM) and higher demand for laptops and PCs in the region owing to the rising trend of working from home are anticipated to hike the growth of the market over the forecast period.
 Market Growth.webp)
Intel Corporation launched 4th Gen Intel Xeon Scalable processors that contain built-in accelerators. The processor is designed to enhance the performance of the fastest-growing workloads. It also has built-in accelerators of the CPU to improve the performance of artificial intelligence.
United Microelectronics Corporation merged its path with Infineon Technologies AG for the production of a 40nm eNVM Microcontroller. The production is expected to be accelerated to serve the rapidly expanding automotive industry.
Author Credits: Abhishek Verma
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