Dynamic Random-Access Memory Market Share

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.