Published Date: 31-May-2022
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According to a new report, published by KBV research, The Global DRAM Module and Component Market size is expected to reach $104.7 Billion by 2028, rising at a market growth of 1.7% CAGR during the forecast period.
The DDR5 segment is showcasing CAGR of 2.4% during (2022 - 2028). The DDR5 segment acquired a promising revenue share in the DRAM module and components market in 2021. DDR5 is the latest step in the personal computer's main memory development. This version focuses primarily on enhancing RAM density and bandwidth while minimizing power consumption. With today's DDR4 technology, consumer modules can be as large as 32GB.
The Above 8 GB segment acquired maximum revenue share the Global DRAM Module and Component Market by Memory in 2021 thereby, achieving a market value of $46.1 billion by 2028. The above 8 GB segment acquired the largest revenue share in the DRAM module and components market in 2021. One has enough memory to run many programs at once with 8 GB of RAM. Users can utilize many browser tabs at once, edit photos and videos, stream material, and play mid-to-high-end games. These days, many Windows 10 and macOS desktops and laptops come with 8 GB of RAM installed.
The Automobiles segment has shown growth rate of CAGR of 3.7% during (2022 - 2028). The mobile devices segment acquired the largest revenue share in the DRAM module and components market in 2021. Smartphones are becoming more capable with each passing day as consumer needs and technical progress collides. DRAM, a high-speed, low-latency memory module that acts as a temporary memory for an application processor, is one of their major components.
The Asia Pacific market dominated the Global DRAM Module and Component Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $39.2 billion by 2028. The Europe market is poised to grow at a CAGR of 1.3% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 1.1% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Samsung Electronics Co., Ltd., SK hynix, Inc., Super Micro Computer, Inc., Nanya Technology Corporation, Winbond Electronics Corporation, Micron Technology, Inc., Powerchip Technology Corporation, ADATA Technology Co., Ltd., Etron Technology, Inc., and Kingston Technology Company, Inc.
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