Dynamic Random-Access Memory Market Analysis

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: