Global Memory Chip Market Growth 2025-2031

The global Memory Chip market size is predicted to grow from US$ 123150 million in 2025 to US$ 214250 million in 2031; it is expected to grow at a CAGR of 9.7% from 2025 to 2031.

Memory chips are the specific application of the concept of embedded system chips in the storage industry. By embedding software in a single chip, it achieves multi-function and high performance, as well as support for multiple protocols, multiple hardware and different applications. It uses magnetic materials or semiconductors as media for information storage and is an important branch of the semiconductor industry. The main function of memory chips is to store and retrieve data in computer systems so that they can be quickly accessed and processed when needed. It is a key component for realizing data storage and retrieval functions, and is of great significance for improving the performance and stability of computer systems.

With the rapid development of technologies such as big data, cloud computing, and the Internet of Things (IoT), the demand for data storage has surged. The growing demand for data storage and processing capabilities from enterprises and service providers has driven the demand for higher performance and larger storage capacity chips. At the same time, AI and machine learning require the processing and storage of large amounts of data, which places higher performance and capacity requirements on storage chips.

With the popularity of consumer electronic devices such as smartphones, tablets, and laptops, the demand for storage chips continues to grow. In particular, the requirements for storage performance of high-end smartphones and game consoles continue to increase, and the demand for high-performance and high-capacity storage of gaming devices (such as game consoles, PCs, and virtual reality devices) is increasing, driving the market demand for solid-state drives (SSDs) and memory chips.

With the development of autonomous driving, Internet of Vehicles, and new energy vehicles, the improvement of the level of intelligent driving technology requires storage chips to have faster data processing speeds and larger data storage. Therefore, the automotive industry's demand for memory is increasing day by day, becoming an important emerging growth point in storage chips and an important force in determining the market structure. The realization of automotive intelligence requires more environmental perception. As sensors and more MCUs are integrated into the system, the data and program storage of each functional unit of automotive electronics requires higher-performance flash memory, resulting in a massive increase in the demand for non-volatile memory devices.

LP Information, Inc. (LPI) ' newest research report, the “Memory Chip Industry Forecast” looks at past sales and reviews total world Memory Chip sales in 2024, providing a comprehensive analysis by region and market sector of projected Memory Chip sales for 2025 through 2031. With Memory Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Memory Chip industry.

This Insight Report provides a comprehensive analysis of the global Memory Chip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Memory Chip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Memory Chip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Memory Chip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Memory Chip.

This report presents a comprehensive overview, market shares, and growth opportunities of Memory Chip market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DRAM
NAND
ROM
Other

Segmentation by Application:
Mobile Devices
Computers
Servers
Automobiles
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung
SK Hynix
Micron
Kioxia
Western Digital
Winbond
Nanya
Macronix
GigaDevice
YMTC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Memory Chip market?

What factors are driving Memory Chip market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Memory Chip market opportunities vary by end market size?

How does Memory Chip break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.