Dynamic Random-Access Memory (DRAM) Market Analysis

Application (Smartphones, PC/Laptops, Consumer Products, Automotive, Datacenter, Graphics)

The PC/laptops segment is estimated to gain largest market share by 2037. due to 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 in the dynamic random-access memory (DRAM) market is predicted to register lucrative CAGR during the forecast period, due to 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.

Our in-depth analysis of the global market includes the following segments: