The Global Semiconductor Memory Market size is expected to reach $127.3 billion by 2026, rising at a market growth of 7.5% CAGR during the forecast period. Semiconductor memory is an electronic component used as the memory of a computer. Semiconductor memory is an essential part of today's electronic devices. This is a system in which digital information is retained by the use of IC (Integrated Circuit) technology. The rising demand for high-capacity and low-power memory is growing rapidly as modern advanced portable electronic devices boost overall performance with their reduced size. With the growing proliferation of electronic devices and the need for associated capacity, there is, as predicted, a huge demand for semiconductor memory.
Global Semiconductor Memory Market Size
The Semiconductor Memory devices consist of two major types, namely volatile and non-volatile memories. Non-volatile memory includes read-only memory (ROM), programmable read-only memory (PROM), Erasable programmable read-only memory (EPROM), electrically erasable programmable read-only memory (EEPROM) and Flash memory. Volatile memory includes Random Access Memory (RAM), Dynamic Random-Access Memory (DRAM), Static Random-Access Memory (SRAM) and Synchronous Dynamic Random-Access Memory (SDRAM).
Semiconductor Memory Market Share
Rapid growth in the electronics industry, together with the use of memory-based elements in advanced devices like smart phones, wearable devices and electronic gadgets, is pushing ahead with market growth worldwide. Growing use of automotive and electronic devices, such as Flash ROM and DRAM, fuels the market for embedded gadgets and chips. The lighting and ADAS systems DRAM, Flash ROM and offer higher speeds and better vehicle connectivity.
However, due to restrictions on the worldwide retail of electronics, the COVID19 pandemic is expected to negatively impact over the course of the next few years. In a short period of time, various countries such as Italy, Germany, France, the United States, South Korea and Japan are severely affected. Semiconductors and electronics are therefore expected to suffer major declines in the first half of 2020 due to a decline in trade constraints. Nevertheless, trade in electronics is expected to return to normal levels by the end of the second quarter of 2020.
Based on Type, the market is segmented into DRAM, Flash ROM, SRAM, MRAM and Others. Based on End User, the market is segmented into Consumer Electronics, Automotive, Telecom & IT, Aerospace & Defense, Medical, Industrial and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Semiconductor Memory Market to reach a market size of $127.3 billion by 2026
Semiconductor Memory Market Cardinal Matrix
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix, Texas Instruments, Inc., Toshiba Corporation, IBM Corporation, Samsung Electronics Co., Ltd., and Intel Corporation are the forerunners in the Semiconductor Memory Market. Companies such as Fujitsu Limited, NXP Semiconductors N.V., Infineon Technologies AG, Macronix International Co., Ltd., and Crocus Technology, Inc. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Infineon Technologies AG (Cypress Semiconductor Corporation), NXP Semiconductors N.V., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Fujitsu Limited, Texas Instruments, Inc., Toshiba Corporation (Toshiba Electronic Devices & Storage Corporation), Macronix International Co., Ltd., and Crocus Technology, Inc.
» Partnerships, Collaborations, and Agreements:
» Product Launches and Product Expansions:
Market Segmentation:
By Type
By End User
By Geography
Companies Profiled
The semiconductor memory market is projected to reach USD 127.3 billion by 2026.
The major factors that are anticipated to drive the semiconductor memory industry include growing establishment of data centers worldwide, uptake of RAM in automotive applications, and Increasing adoption of semiconductors in the consumer electronics industry.
IBM Corporation, Infineon Technologies AG (Cypress Semiconductor Corporation), NXP Semiconductors N.V., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Fujitsu Limited, Texas Instruments, Inc., Toshiba Corporation (Toshiba Electronic Devices & Storage Corporation), Macronix International Co., Ltd., and Crocus Technology, Inc.
The expected CAGR of semiconductor memory market is 7.5% from 2020 to 2026.
The Asia Pacific had the largest share of more than 45.0 percent in 2019.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 