The Dynamic Random Access Memory (DRAM) Market was valued at USD 80.68 billion in 2019. It is expected to reach a value of USD 110.62 billion by 2025 at a CAGR of 5.44% over the forecast period (2020 – 2025). The increasing adoption of microcontroller and memory ICs in automobile electronics and the growing application of memory storage chips in electronic devices is one of the significant factors driving DRAM products’ demand. Further, rising demand for consumer electronics led to DRAM being a considerably low cost and high-performance option. With DRAM being used in wearable gadgets, like smartwatches, the allied production capacities are expected to continue to grow.
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– DRAM has witnessed significant developments as it moved its applications beyond personal computers and mobile devices into servers, automotive, and cloud applications. Such diversification is expected to drive the market studied, over the forecast period.
Key Market Trends
Automotive Segment to Drive the Market Growth
– The automotive segment leads to a significant boost to DRAM productions. The Driver Awareness Systems (ADAS) and self-driving vehicle systems have been increasingly demanding processors that require the memory capacity and bandwidth only possible with DRAM. Thus, the market landscape has been required to adhere to safety-critical automotive systems, as well as common concerns regarding error rates and meeting stringent automotive standards such as ISO 26262.
– Similarly, in October 2019, Intelligent Memory expanded its DRAM line with a new series of LPDDR4(X) devices with integrated ECC (error correction code) capabilities. The LPDDR4 and LPDDR4X memory, thus, run at very high speeds with very low operating voltages and power consumption. With design operability featuring higher temperature ranges up to 125°C and being AEC-Q100-qualified, it is made suitable for automotive applications.
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