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Mobile DRAM Market is predicted to reach at a CAGR of 20.2% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Mobile DRAM Market”.


The mobile DRAM market is estimated to register a CAGR of 20.2% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global mobile DRAM market - Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation (Taiwan).


Mobile DRAM Market Highlights


The global mobile DRAM market is accounted to register a CAGR of 20.2% during the forecast period and is estimated to reach USD 269.1 Billion by 2032.


The growing need for smartphones and other mobile devices with better speed and multitasking capabilities, which require more RAM capacity to provide these activities, is one major factor driving the mobile DRAM market. In addition, the market's increasing need for more potent and effective DRAM solutions is fueled by developments in mobile technologies and applications. Furthermore, the demand for more RAM in mobile devices is being further fueled by the trend toward 5G technology and the growth of data-intensive apps like augmented reality (AR) and virtual reality (VR). This is fueling the expansion of the mobile DRAM market.


Segment Analysis


The global mobile DRAM market has been segmented into application and type.


On the basis of application, the market is segmented into Phones, Tablets, Wearable Devices, and Others. The phones segment was attributed to holding the largest market share in 2022. The increasing power and feature-richness of smartphones is driving up the demand for higher DRAM capacities in these devices. This can be attributed to better multitasking skills, increasingly complex programs, and the use of cutting-edge technology like augmented reality, better cameras, and bots.


Based on type, the global mobile DRAM market has been segmented into DDR3, DDR4, and Others. The DDR4 segment was expected to hold the largest market share in 2022. With a greater overall speed, DDR4 RAM can achieve lower voltage and higher transfer rates, resulting in a reduction of overall power consumption. Long-term system stability is improved by the DDR4 because it can handle more data at once than earlier RAM alternatives.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Mobile DRAM Market Research Report


Regional Analysis


The global mobile DRAM market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe mobile DRAM market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The mobile DRAM market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World mobile DRAM market comprises of Middle East, Africa, and Latin America.


The largest market share for mobile DRAM was maintained by the North American regional sector driven by the aforementioned elements. The market is anticipated to rise as a result of the rising demand for high-performance smartphones, the expanding use of AI and ML, and the development of 5G networks. Furthermore, it is anticipated that the development of new technologies such as VR and AR would increase demand for mobile DRAM.


Moreover, the Europe market has been persistently growing over the forecast period driven by several factors, including the high rate of smartphone penetration in the region, the need for cutting-edge mobile technologies, and the expanding array of applications for mobile devices. As more and more European consumers pick smartphones with sophisticated features and functionalities, larger mobile DRAM capacities are needed to support these apps.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period primarily influenced by the region's robust smartphone demand. The three biggest markets in Asia Pacific for mobile DRAM are China, India, and South Korea. Moreover, with over 1.5 billion smartphone users, the Asia Pacific region has the greatest global smartphone adoption rate. It is anticipated that this will fuel the region's need for portable DRAM.


Furthermore, the rest of the world's mobile DRAM market is divided into the Middle East, Africa, and Latin America. The need for mobile DRAM is fueled by the rest of world’s rising smartphone adoption rate as well as rising feature-rich device demand. Higher RAM capacities in smartphones are becoming more and more necessary as more people use modern technologies, access mobile applications, and interact with multimedia material.


Key Findings of the Study



  • The global mobile DRAM market is expected to reach USD Billion billion by 2032, at a CAGR of 20.2% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market because of the government regulations that encourage the growth of the semiconductor sector and the presence of some of the top semiconductor manufacturers in the world in the region.

  • Based on type, the DDR4 segment was attributed to holding the largest market in 2022, with an approximate market share of 63%.

  • Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation (Taiwan).

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Companies Covered 15
Pages 128
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