LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global dynamic random access memory (DRAM) market to grow at a CAGR of over 1% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global DRAM market for 2017-2021. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a focus on identifying the key industry influencers.
DRAM is one of the major components in any computing device, and so it has been responsible for the rapid growth in devices such as smartphones and computers. DRAM has increased the memory of computers at a lower price. This allows for a diverse set of more powerful technological products to be created for the market, which is necessary for mainstream technology consumers, who, with the help of DRAMs, can own powerful personal technology on a more affordable budget.
Request a sample report: https://www.technavio.com/request-a-sample?report=57406
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio hardware and semiconductor analysts highlight the following three factors that are contributing to the growth of the global DRAM market:
Shift of DRAM market from PCs to mobile devices
The demand for DRAM is increasing in various devices ranging from servers to mobile devices. In 2006, nearly 65% of DRAM shipments were used in desktops or laptops. However, the shipment of DRAMs in PCs came down by less than 50% in 2016 and will fall to less than 40% by the end of 2017. With the rapid adoption of wireless mobile devices, the market is slowly and steadily entering a phase where computers will become redundant for daily uses and applications.
Exits in DRAM market
From 2010 to 2014, a number of DRAM suppliers either reduced their presence or exited the market completely. Taiwan is no longer the mainstream supplier, while notable DRAM makers like Qimonda of Germany filed for bankruptcy and Elpida Memory of Japan was acquired by Micron Technology.
Navin Rajendra, an industry expert in embedded systems research from Technavio, says, “By the end of 2017, only three DRAM manufacturers, Samsung and SK HYNIX of South Korea and the US-based Micron Technology, will lead the market. With fewer entities to influence the market, a more conservative approach toward capacity expansion is expected, and more stable growth can follow.”
Process deceleration
“There is a slower pace of advances in DRAM manufacturing processes. Each new generation of DRAM manufacturing technology presently takes longer to arrive. The engineering challenges associated with shrinking DRAM size smaller than 30 nm and eventually below 20 nm are considerable. Because of this delay, shipments in end-products get affected, and the customer demands cannot be met on time,” says Navin.
Top vendors:
- Samsung Electronics
- SK HYNIX
- Micron Technology
Browse Related Reports:
- Global Smart Mirrors Market 2017-2021
- Global Conductive Inks Market 2017-2021
- Global Inclinometers Market 2017-2021
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like displays, lighting, and sensors. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.
About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
