DUBLIN--(BUSINESS WIRE)--The "Global Memory Semiconductor Market for Communications Industry - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The Global Memory Semiconductor Market for Communications Industry is projected to grow at a CAGR of 0.05% to reach US$87.925 billion by 2024, from US$86.763 billion in 2019.
Semiconductors are used for the fabrication of chips used in smart devices. A significant increase in the disposable income acts as a driver to push the demand for smartphones, wearables and other communication devices. Moreover these devices are now being manufactured with specifications comparable with PCs and laptops apart from this booming expenditure in R&D to bring the state-of-art technology is being done which shows a significant increase in demand of semiconductors for this industry during the forecasted period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations being implemented by the relevant agencies. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence.
Major industry players profiled as part of the report are:
- Intel Corporation
- Micron technology
- SK Hynix Inc
- Western Digital Corporation
- Toshiba Corporation
- ATP Electronics Inc
For more information about this report visit https://www.researchandmarkets.com/r/vmetod