Valley Cottage, NY -- (SBWIRE) -- 06/14/2019 -- Computer hardware manufacturers are emphasizing on developing new products with better performance and enhanced functionality such as minimum latency and maximum performance in order to capture a greater market share and to attract more number of end users. Random access memory (RAM) is the place in devices where the operating system, data in current use and application programs are kept to facilitate quick access by the device processor. Located in vicinity to processor makes this type of memory much faster than other types of conventional storage options such as hard disk and CD-ROM. Dynamic random access memory is a type of RAM which chips on a circuit board that needs to be refreshed every few milliseconds. It stores each bit of data on a distinct passive electronic component present inside an integrated circuit board consisting of transistors and capacitors that makes dynamic random access memory chip an efficient component to store data in memory as it requires less physical space to store the same amount of data than if it were to be stored statically. Also, relatively less manufacturing cost than static RAM makes dynamic random access memory more preferable to be integrated in devices like computers and mobile phones.

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Dynamic Random Access Memory (DRAM) Market: Segmentation

Dynamic random access memory market is segmented on the basis of application and region. By application, dynamic random access memory market can be segmented into mobile device, computing device, server and specialized DRAM. Mobile segment can be further sub-segmented into smartphone, tablet, smart wearable and other mobile devices. Computing segment can be further sub-segmented into desktop PC and laptop. Specialized DRAM segment can be further sub-segmented into automotive, graphic card, gaming console, smart television, camera and others. Regionally, dynamic random access memory market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Dynamic Random Access Memory (DRAM) Market: Regional Outlook

Dynamic random access memory market is expected to witness a healthy CAGR during the projected period due to increasing popularity of mobile devices across the emerging countries like India, China and Brazil. Asia Pacific is the dominating region in dynamic random access memory market and is expected to remain dominant followed by North America during the forecast period. Middle East & Africa region is expected to reflect highest CAGR during the forecast period.

Dynamic Random Access Memory (DRAM) Market: Drivers

The demand for high performance and low-power DRAM in mobile devices promises significant growth opportunity for dynamic random access memory market. The growing penetration of smartphones in developing countries such as India, China and Indonesia is expected to drive the growth of dynamic random access memory market. Furthermore, introduction of new devices in the computing field such as hybrid device and ultra-thin notebooks which offer high battery life and robust performance backed by dynamic RAM are further expected to fuel the growth of dynamic random access memory market during the projected period. However, emergence of substitute such as NAND flash is expected to hinder the growth of dynamic random access memory market amidst the forecast period 2015-2025.

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Dynamic Random Access Memory (DRAM) Market: Key Players

The key vendors in the dynamic random access memory marketinclude SK Hynix Inc., Micron Technology Inc., SamsungElectronics Co. Ltd., Nanya Technology Corporation, Winbond Electronics Corporation, Powerchip Technology Corporation, Intel Corporation, Texas Instruments and others. Major players in the dynamic random access memory market follow the strategy of introducing cost-effective solutions to gain competitive edge. In addition, collaborating with major mobile device manufacturers is the other strategy being followed by the dynamic random access memory providers to outperform competitors.