More and more people are using fancy smartphones because cities are growing, and technology is getting better. People are also getting more gadgets like laptops, tablets, smartphones, and digital cameras. According to Zenith’s Mobile Advertising Forecasts, they predict that by 2019, about 66% of people all over the world will have smartphones, and 73% of internet use will be on mobile devices. This is happening because there are more people, they have more money to spend, and it's easier to get high-speed internet and cool gadgets without spending too much.
The big reason for this growing demand for gadgets is because there are more people in the world, they have more money, and it's easier to get fast internet and cool gadgets at a low cost. As more people use smartphones, they want phones that can do a lot, use less power, and store a bunch of stuff. That's where Dynamic Random-Access Memory (DRAM) comes in. DRAM is a special kind of memory that helps these smartphones work better. So, as more and more smartphones are made with powerful processors and lots of memory storage, the need for DRAM also goes up. This is why the demand for DRAM is growing, and it's expected to keep growing in the future.
In summary, because more people live in cities and technology is improving, more people are using cool gadgets like smartphones. This has led to a bigger need for powerful and memory-packed smartphones. This growing trend is because more people have money, the population is increasing, and it's easier to get fast internet and cool gadgets at a low cost. This increase in smartphone use has created a higher demand for DRAM, a special kind of memory that makes smartphones work better. As a result, the market for DRAM is expected to keep growing as more powerful and memory-enhanced smartphones are produced in the coming years.
Covered Aspects:Report Attribute/Metric | Details |
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Market Opportunities | Rising 5G Technology to Present Robust Opportunities |
Market Dynamics | Growing adoption of high-end smartphonesGrowing number of data centers and servers Growing Demand from automotive sector |
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