The DRAM Module And Component Global Market Report 2023, provides comprehensive information on the dram module and component market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global DRAM module and component market is expected to grow from $94.26 billion in 2022 to $96.63 billion in 2023 at a compound annual growth rate (CAGR) of 2.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The DRAM module and component market is expected to reach $105.52 billion in 2027 at a CAGR of 2.2%.
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Product innovation is a key trend gaining popularity in the DRAM module and component market. Companies operating in the DRAM module and component market are adopting new technologies to sustain their position in the market. For instance, in October 2020, SK Hynix Inc., a South Korea-based dynamic random-access memory (DRAM) chips provider, launched DDR5 DRAM. DDR5 DRAM is a high-speed and high-density product customized for big data, artificial intelligence (AI), and machine learning (ML). It is the next-generation standard of DRAM. DDR5 can transport data at a speed of 4,800 to 5,600 megabits per second (Mbps), which is 1.8 times faster. With a 5,600 Mbps transfer rate, it can send nine full-HD (FHD) movies, weighing 5GB apiece, per second. Its operational voltage has been decreased from 1.2 volts to 1.1 volts.
The dram module and component market is segmented:
1) By Type: DDR2 DRAM, DDR3 DRAM, DDR4 DRAM, DDR5 DRAM, LPDRAM, GDDR, HBM, Other Types
2) By Memory: Upto 1GB, 2GB, 3-4GB, 6-8GB, Above 8GB
3) By End-User Industries: Consumer Electronics, Mobile Devices, Servers, Computers, Automobiles, Other End Users
Asia-Pacific was the largest region in the dram module and component market in 2022.
The table of contents in TBRC’s dram module and component market report includes:
- Executive Summary
- DRAM Module And Component Market Characteristics
- DRAM Module And Component Market Trends And Strategies
- DRAM Module And Component Market – Macro Economic Scenario
- DRAM Module And Component Market Segmentation
- Global DRAM Module And Component Market Competitive Benchmarking
- Global DRAM Module And Component Market Competitive Dashboard
- Key Mergers And Acquisitions In The DRAM Module And Component Market
- DRAM Module And Component Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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