Published: April 2023 | Report Code: 12575 | Available Format: PDF
The DRAM module and component market stood at USD 99.4 billion in 2022, and it is expected to grow at a compound annual growth rate of 1.40% during 2022–2030, to reach USD 111.1 billion by 2030.
The fostering adoption of IoT and 5G technologies, rising number of data centers, and increasing utilization of DRAM modules and components in various industries are the key factors that are expected to propel the market growth.
The memory of the computer, laptop, smartphone, and similar devices is a critical component. It enables the device to function and retain the data as per the requirements of the user. DRAM is a type of RAM, i.e., random access memory, which is volatile and stores data temporarily in real time. It enables the processor to have faster access to data and several applications simultaneously than flash storage.
The advent of 5G networking technologies is being witnessed since 2019. It is one of the latest standards introduced for network technologies, to provide better and faster connectivity. Cellular companies have already started deploying the same in some regions of the world, especially the U.S. High speed, network reliability, stability of the connection, and a high rate of data transfer are some of the benefits that users experience with 5G. The combination of the latest technologies, such as 5G and AI, with DRAM has an enormous potential to improve the user experience specifically for smartphones.
DRAMs would enable smartphones to access as well as process data at a faster pace, which would be essential for the 5G connection to function efficiently and avoid lag while the device is in use.
Additionally, the usage of IoT and the amount of data being transferred through IoT-based devices have increased in recent years. The usage of IoT to connect various devices and realize concepts such as smart cities, homes, and office and factory buildings requires a high volume of data to be processed and analyzed simultaneously, and herein arises the requirement for DRAM modules and components. The growing penetration of IoT applications and devices would propel the growth of the DRAM module and component market because of the strong need to ensure adequate functioning.
There are more than 8,000 data centers across the globe. The highest number of them (approximately 2,600) are in the U.S. itself, followed by the countries in the European region, namely Germany and the U.K. Due to the increasing volumes of data being generated, the need for these facilities would rise, which would, subsequently, propel the demand for DRAM modules and components. The use of DRAMs in servers has been increasing owing to the growing requirement to store and process the vast volumes of data handled by data centers.
Report Attribute | Details |
Historical Years |
2017-2022 |
Forecast Years |
2023-2030 |
Market Size in 2022 |
USD 99.4 Billion |
Revenue Forecast in 2030 |
USD 111.1 Billion |
Growth Rate |
1.40% CAGR |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Segments Covered |
By Type; By Memory; By Industry; By Region |
Explore more about this report - Request free sample pages
The above 8 GB category in the memory segment is likely to hold the largest share and grow at a CAGR of 1.6% during the projection period. It can be attributed to the eternal requirement for a high memory capacity for the storage, processing, and transmission of high-volume data.
The rate at which data is being generated has been witnessing tremendous growth over the past 10 years. The processing of heavy applications has also become quite common these days due to the introduction of various advanced technological products and solutions. This brings about the need to regularly update them, for efficient functioning.
High-definition images and video qualities, such as the 4K, require higher memories for storage and processing. Moreover, the editing of videos and other media becomes convenient if optimum memory is available in computers and laptops, which is propelling the demand for DRAMs with over 8GB memory.
Additionally, the category of 6–8 GB is expected to hold a significant market share and grow at a CAGR of around 1.3% in the coming years, owing to the cost-effectiveness of this variant over other variants with higher memory capacities. Additionally, to ensure absolute performance and compatibility with the latest applications and technologies, an optimal memory capacity is required in the systems.
The automobile category in the by industry segment is expected to grow at a CAGR of more than 1.6% during the projection period. The growth can be attributed to the introduction of advanced digital devices and applications for enhanced performance and user experience improvement, by enabling a more-comfortable and safer drive. The growing adoption of IoT devices, automation solutions, and remote access applications in vehicles would essentially contribute in propelling the market growth.
DRAM components aid in the efficient running of applications specifically meant for automation, reliability, safety, and the overall performance enhancement in automobiles. Automobiles have been witnessing constant innovations, and they are now using a wide range of computer applications, software, and sensors to enhance their performance and deliver a better experience to users. DRAM with a varied memory capacity starting from 2 GB can be deployed in automobiles. Moreover, electronics companies have started to get certifications for their advanced memory products that are used for automotive safety and performance.
APAC held the largest market share in the past, and it is likely to retain its position in the coming years. Moreover, it is expected to grow at a CAGR of 1.6% in the coming years, attributed to the expansion of the semiconductor industry and the growth in the demand for smart electronic devices from highly populous countries, such as China and India.
With the fast pace at which the adoption of smart digital devices in APAC countries is progressing, a stimulation of the demand for DRAM modules and components, due to their ability to cater to the memory requirements of those devices, is expected.
Moreover, the Government of India is taking initiatives to become a global hub for semiconductor production and an alternative to China. In this regard, a special scheme, which would provide incentives to the manufacturers of semiconductors, as well as display products, has been announced. Thus, the growth in the production of semiconductors would propel the advance of the DRAM module and component market in the coming years.
Moreover, the majority of these modules and components are manufactured in the APAC region, in countries such as South Korea and China, which export them to other countries.
This fully customizable report gives a detailed analysis of the DRAM module and component industry from 2017 to 2030, based on all the relevant segments and geographies.
Based on Type
Based on Memory
Based on Industry
Geographical Analysis
The size of the market for DRAM modules and components was USD 99.4 billion in 2022.
The DRAM module and component industry is driven by the adoption of advanced computer technologies.
The automotive category dominates the industry segment of the market for DRAM modules and components.
The DRAM module and component industry 2030 value will be USD 111.1 billion.
APAC is the largest market for DRAM modules and components.
Get a bespoke market intelligence solution
Want a report tailored exactly to your business strategy?
Request CustomizationWant an insight-rich discussion with the report author?
Speak to AnalystOur dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you
Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights
With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required
We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws