Semiconductor Memory Market, By Type (RAM (SRAM, SDRAM, MRAM, DRAM.), ROM (EEPROM, EPROM, Flash Memory, PROM.)), By Application (Aerospace & Defense, Automotive, Consumer Electronics, Industrial, Medical, Telecommunications, Others.), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Semiconductor memory is a type of semiconductor device, which is designed to store digital data such as computer memory. Semiconductor memory is the main memory element of the microcomputer-based system and typically used to store data and programs. Semiconductor memory is typically referred to as MOS memory, where data is stored within metal-oxide-semiconductor memory cells on a silicon-integrated circuit memory chip. The use of semiconductor memory has increased over the years in mobile phones, cameras, and smart wearable devices. There are different memory technologies available including ROM, EPROM, RAM, flash memory, SDRAM, SRAM, and F-RAM.
Market Dynamics
The increasing demand for smartphones especially in Asia Pacific and North America is propelling growth of the semiconductor memory market significantly. For instance, according to the GSM Association, in 2018, the number of mobile subscribers was 5.1 billion, which accounted for 67% of the global population. Rapid digitalization and automation in the aforementioned regions have led to increased use of smartphones.
Moreover, increasing data center establishments in Asia Pacific and Europe is expected to propel the global semiconductor memory market. A data center is a facility dedicated to housing computer systems and related components such as telecommunications and storage systems. Data centers play a major role in telecommunications and storage systems where they host websites, manage e-mails, and handle instant messaging services. Furthermore, they support cloud storage applications. In the recent past, Europe and Asia Pacific have witnessed rapid establishments of data centers. For instance, in July 2020, Hiranandani Group inaugurated Asia’s largest data center in Navi Mumbai, India. As a result of this, the demand for semiconductor memory has increased significantly. Thus, these factors are expected to drive growth of the global semiconductor memory market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global semiconductor memory market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global semiconductor memory market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as part of this study include Microchip Technology, Inc., SK Hynix, Inc., NXP Semiconductors, Samsung Electronics Co., Ltd., Intel Corporation, Infineon Technologies AG, Cypress Semiconductor Corporation, Renesas Electronics Corporation, Semiconductor Manufacturing International Corporation (SMIC), Taiwan Semiconductor Manufacturing Company Limited (TSMC), Texas Instruments Incorporated, Toshiba Corporation, and Western Digital Corporation.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global semiconductor memory market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global semiconductor memory market
Detailed Segmentation
- Global Semiconductor Memory Market, By Type:
RAM
ROM
- EEPROM
- EPROM
- Flash Memory
- PROM
- Global Semiconductor Memory Market, By Application:
Aerospace & Defense
Automotive
Consumer Electronics
Industrial
Medical
Telecommunications
Others
- Global Semiconductor Memory Market, By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC Countries
South Africa
Rest of Middle East and Africa
Microchip Technology, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
SK Hynix, Inc.
NXP Semiconductors
Samsung Electronics Co., Ltd.
Intel Corporation
Infineon Technologies AG
Cypress Semiconductor Corporation
Renesas Electronics Corporation
Semiconductor Manufacturing International Corporation (SMIC)
Taiwan Semiconductor Manufacturing Company Limited (TSMC)
Texas Instruments Incorporated
Toshiba Corporation
Western Digital Corporation.
“*” marked represents similar segmentation in other categories in the respective section.