Mobile DRAM Market Size was valued at USD 58.1 Billion in 2022. The mobile DRAM market industry is projected to grow USD 269.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.2% during the forecast period (2024 - 2032). It is anticipated that market drivers including the growing need for tablets and smartphones with large memory, the need for fast online operation, and the availability of internet connectivity would propel the market's expansion.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The potential of memory has been increased by new memory technologies that make it possible to store more data for less money than the costly silicon chips used in common consumer electronics like tablets and cell phones. Additionally, as more people use smartphones and tablets, the market for mobile DRAM is growing. The low-power double data rate 5X (LPDDR5X) DRAM for MediaTek's new Dimensity 9000 5G flagship chipset for smartphones was verified by Micron Technology Inc. in November 2021. According to Micron, LPDDR5X enables the smartphone ecosystem to unlock the upcoming wave of data-intensive applications driven by 5G innovation and artificial intelligence (AI). It is intended for high-end and flagship devices. Furthermore, Samsung declared in November 2021 that LPDDR5X mobile DRAM chips for smartphones and other devices would be available. The introduction may boost the company's range of high-performance mobile DRAM chips in terms of efficiency and performance. Moreover, a large number of market vendors are growing the production facilities that power the market.
Another major factor propelling the mobile DRAM market is the growing acceptance of artificial intelligence (AI) and machine learning (ML) applications. Complex algorithms and data processing are crucial to the AI and ML features of mobile devices, such smartphones. In order to produce correct results and real-time replies, these applications frequently need a significant amount of memory and processing capacity. In addition, big datasets are used by mobile AI and ML devices to perform tasks like predictive analytics, natural language processing, and picture identification. High-capacity and high-performance DRAM is essential for effective functioning since these tasks require efficient and fast data storage and retrieval. Furthermore, the growing demand for AI and ML applications in fields such as recommendation systems, camera upgrades, and personal assistants is forcing mobile device makers to incorporate more resilient DRAM options. This pattern encourages improvements in memory technology to better meet the particular needs of AI and ML processing on mobile platforms, in addition to feeding the need for more DRAM capacity. Thus, driving the mobile DRAM market revenue.
The Mobile DRAM Market segmentation, based on application includes Phones, Tablets, Wearable Devices, and Others. The phones segment dominated the market attributed to smartphones' ongoing innovation. The need for larger DRAM capacities in smartphones is growing as these devices becoming more potent and feature-rich. This can be ascribed to the increasing intricacy of programs, improved multitasking abilities, and the incorporation of cutting-edge technologies like superior cameras, augmented reality, and bots.
The Mobile DRAM Market segmentation, based on type, includes DDR3, DDR4, and Others. The DDR4 category generated the most income. DDR4 RAM has a faster overall speed. to achieve reduced voltage and higher transfer rates, which reduces total power consumption. Because it processes more data simultaneously than previous RAM options, the DDR4 enhances system stability over the long run. It can handle a lot more data without overheating, making it a safer choice for overclocking tests.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American mobile DRAM market area will dominate this market. The region's high demand for smartphones and rising uptake of cutting-edge technologies like machine learning and artificial intelligence (AI) are fueling the market for mobile DRAM. Furthermore, with a smartphone penetration rate of over 80%, North America is among the top regions for smartphone usage. Since demanding applications and high-resolution displays require more memory, the market for mobile DRAM is being driven by the growing demand for high-performance smartphones.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe mobile DRAM market accounts for the second-largest market share influenced by a number of elements, such as the high rate of smartphone adoption in the area, the need for cutting-edge mobile technologies, and the growing number of ways that mobile devices are being used. Greater mobile DRAM capacities are required to enable these apps as European customers choose smartphones with increasingly complex features and functionalities. Further, the German mobile DRAM market held the largest market share, and the UK mobile DRAM market was the fastest growing market in the European region
The Asia-Pacific Mobile DRAM Market is expected to grow at the fastest CAGR from 2023 to 2032 driven by the strong demand for cellphones in the area. China, India, and South Korea are Asia Pacific's three biggest mobile DRAM markets. Furthermore, with smartphones becoming increasingly sophisticated, they are being used for heavier tasks like gaming and video streaming. This is driving the need for highly performant mobile DRAM. Moreover, China’s mobile DRAM market held the largest market share, and the Indian mobile DRAM market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the mobile DRAM market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, mobile DRAM industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global mobile DRAM industry to benefit clients and increase the market sector. In recent years, the mobile DRAM industry has offered some of the most significant advantages to medicine. Major players in the mobile DRAM market are attempting to increase market demand by investing in research and development operations includes
Manufacturers and suppliers of memory and storage goods and services include Micron Technology Inc. (Micron). Among the memory technologies offered by the firm are multichip packages, managed NAND, NOR flash, dynamic random-access memory (DRAM), solid-state drives, memory cards, ultra-bandwidth solutions, NAND flash, and NOR flash. Micron provides solutions for consumers in the automotive, industrial, and consumer electronics sectors as well as networking, graphics, enterprise, cloud servers, clients, and removable storage.
Consumer electronics, information technology, mobile communications, and device solutions are all produced by Samsung Electronics Co Ltd (Samsung), a division of the Samsung Group. Televisions, refrigerators, air conditioners, washing machines, digital cameras, printers, monitors, computers, and medical equipment are among the products offered by the corporation. In addition, it produces tablets, cellphones, LCD and LED panels, and associated accessories. Samsung offers solutions to the banking, education, healthcare, retail, hotel, transportation, and government industries.
March 2019: Samsung releases the highest capacity Mobile DRAM to accommodate the upcoming generation of smartphones. New 12GB LPDDR4X and 512GB UFS make it possible for smartphones with multiple cameras, 2X screen sizes, AI, and 5G features to have a seamless user experience.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 58.1 Billion |
| Market Size 2032 | USD 269.1 Billion |
| Compound Annual Growth Rate (CAGR) | 20.2% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018-2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Application, Type, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation (Taiwan) |
| Key Market Opportunities | ·      Growing numbers of people are using machine learning (ML) and artificial intelligence (AI) applications |
| Key Market Dynamics | ·      Growing usage of 5G mobile devices ·      Increased need for smartphones with higher performance |
Frequently Asked Questions (FAQ) :
The Mobile DRAM Market size was valued at USD 58.1 Billion in 2022.
The global market is projected to grow at a CAGR of 20.2% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Samsung, SK Hynix Inc., Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation (Taiwan).
The phones category dominated the market in 2022.
The DDR4 category had the largest share in the global market.
Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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