The North America DRAM Module and Component Market would witness market growth of 1.1% CAGR during the forecast period (2022-2028).
The truth that the capacitors leak charge over time is also a problem. As a result, the capacitors must be refreshed on a regular basis in order to keep the data recorded in memory. Refreshing works in the same way as reading and ensures that no data is lost. The charge on a DRAM cell is dynamically updated every so often, which is how DRAM gets its "Dynamic" designation.
Desktop and laptop computers, as well as servers, use DRAM modules. Demand for laptops increased significantly after lockdowns as offices and classrooma shifted to the digital world, and classes and meetings started being held on online platforms. Thus, the DRAM module market is expected to grow in terms of revenue as sales of smartphones, laptops/tablets, digital cameras, and other devices continue to climb.
The region is a major computer industry hub, with strong R&D support and substantial financial backing, resulting in high memory usage. Consumer gadgets like as smart home devices, smart wearables, and gaming consoles are all popular in the region. One of the primary reasons for the growth of the DRAM module and components market in the region is the presence of some of the leading players in the industry, such as Micron Technology, Inc., Kingston Technology Corporation, and SMART Modular Technologies.
The US market dominated the North America DRAM Module and Component Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $21,636.2 million by 2028. The Canada market is anticipated to grow at a CAGR of 3.4% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 2.5% during (2022 - 2028).
Based on Type, the market is segmented into LPDRAM, DDR2, DDR5, GDDR, HBM, DDR4, DDR3, and Others. Based on Memory, the market is segmented into Above 8 GB, 6-8GB, 3-4GB, 2GB, and Others. Based on Industry, the market is segmented into Servers, Automobiles, Consumer Electronics, Computers, Mobile Devices, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global DRAM Module and Component Market is Estimated to reach $104.7 Billion by 2028, at a CAGR of 1.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd., SK hynix, Inc., Super Micro Computer, Inc., Nanya Technology Corporation, Winbond Electronics Corporation, Micron Technology, Inc., Powerchip Technology Corporation, ADATA Technology Co., Ltd., Etron Technology, Inc., and Kingston Technology Company, Inc.
By Type
By Memory
By Industry
By Country
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