Semiconductor memory market is anticipated to grow at a CAGR of 11.9% during the forecast period (2023-2030). Semiconductor memory used as a semiconductor version of a hard disk, to store files. It is used in portable devices such as PDAs, USB flash drives, and removable memory cards used in digital cameras and cellphones. The growing adoption of non-volatile semiconductor memory technology with the improving code storage and data-logging applications is the key factor supporting the growth of the market globally. Hence, the market players are also focusing on introducing non-volatile Static RAMs (nvSRAM) semiconductor memory solutions that further bolster the market growth. For instance, in March 2021, Infineon Technologies LLC, an Infineon Technologies AG, launched second-generation non-volatile Static RAMs (nvSRAM). The new generation of devices is qualified for QML-Q and high-reliability industrial specifications to support demanding non-volatile code storage and data-logging applications in harsh environments, including aerospace and industrial applications.
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The global semiconductor memory market is segmented on the type, and application. Based on the type, the market is sub-segmented into volatile memory (DRAM, SRAM, and others (PSRAM, SDRAM) and non-volatile memory (MROM, PROM, EPROM and FRAM). Further, on the basis of application, the market is sub-segmented into consumer electronics, IT and telecommunication, automotive, industrial, aerospace and defence, medical and others (thin film). Among the applications, the consumer electronics sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of electronic data storage devices that use semiconductor technology to store digital data. These memories are widely used in various electronic devices, including computers, smartphones, tablets, digital cameras, and many others.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Semiconductor Memory Market by Type
- Volatile Memory
- DRAM
- SRAM
- Others (PSRAM, SDRAM)
- Non-Volatile Memory
- MROM
- PROM
- EPROM
- FRAM
Global Semiconductor Memory Market by Application
- Consumer Electronics
- IT & Telecommunication
- Automotive
- Industrial
- Aerospace & Defense
- Medical
- Others (Thin Film)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Evelta Electronics
- GigaDevice Semiconductor Inc.
- Infineon Technologies AG
- Integrated Silicon Solution Inc.
- Intel Corp.
- Kioxia Holdings Corp.
- Macronix International Co., Ltd.
- Microchip Technology Corp.
- Nanya Technology Corp.
- Netlist, Inc.
- NVIDIA Corp.
- Renesas Electronics Corp.
- Samsung Electronics Co., Ltd.
- Sanmina Corp.
- SK hynix Inc.
- SMART Modular Technologies
- Western Digital Corp
- Winbond Electronics Corp.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global semiconductor memory market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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