Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1457319

Cover Image

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1457319

Memory Chip Market - Global Memory Chip Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company)

PUBLISHED:
PAGES: 189 Pages
DELIVERY TIME: 2-5 business days
SELECT AN OPTION
PPT Slides/PDF & Excel (Enterprise License)
USD 4995

Add to Cart

In a world increasingly reliant on technological innovation, the global memory chip market stands as a pivotal player driving progress and transformation across industries. Recent forecasts project a monumental leap in market size, with the memory chip industry anticipated to surge from US$193.5 billion in 2023 to an impressive US$321 billion by 2030, marking a robust compound annual growth rate (CAGR) of 7.5% during the period spanning 2023 to 2030.

Propelling Factors Driving Market Expansion

The growth trajectory of the memory chip market is propelled by several key factors, foremost among them being the escalating demand for memory-based components in cutting-edge products such as wearables, smartphones, and a myriad of electrical devices. The proliferation of consumer electronics, including laptops and tablets, further fuels this upward trend, underscoring the integral role memory chips play in enhancing device performance and functionality.

Navigating Challenges Amidst Growth

However, amidst the industry's rapid expansion, significant challenges loom large. A surplus of chips accumulating in warehouses, coupled with a decline in client orders and a notable decrease in product pricing, presents formidable obstacles to sustained market growth. Overcoming these hurdles demands innovative strategies and proactive measures to balance supply and demand dynamics effectively.

Semiconductor Revolution and Industry Automation

Despite these challenges, the integration of semiconductor devices such as dynamic random-access memory (DRAM) and flash read-only memory (ROM) into automotive and electronics systems continues to drive market expansion. This integration not only fosters industry automation but also amplifies the demand for memory chips worldwide, underscoring their indispensability in powering modern technological advancements.

Market Dynamics and Dominant Segments

Within the memory chip market landscape, the DRAM category emerged as the dominant segment in 2023. The burgeoning popularity of smartphones, equipped with an array of features including gaming capabilities, AI-powered assistants, and high-resolution cameras, is poised to catapult the smartphone segment to the forefront of the global memory chip market.

Asia-Pacific Leading the Charge

Geographically, the Asia-Pacific region emerges as a frontrunner, poised to claim the lion's share of the global memory chip market. With established electronics manufacturing hubs in countries such as Taiwan, South Korea, and China, the region continues to drive demand for memory chips, fueled by the relentless production of computers, smartphones, and various electronic gadgets.

North America's Growing Appetite

Furthermore, North America is witnessing a surge in demand for memory chips, driven by heightened data generation across businesses and rapid technological advancements necessitating more efficient processing systems. With the proliferation of data centers and the advent of cutting-edge technologies, the region emerges as a key player in shaping the future trajectory of the memory chip market.

Key Growth Determinants

The exponential growth in mobile devices coupled with the surge in data usage emerges as a primary growth determinant for the memory chip market. As smartphones become ubiquitous, the need for data storage and processing capabilities continues to escalate, driving demand for memory chips.

Riding the Wave of Consumer Electronics

Moreover, the widespread adoption of consumer electronics such as laptops and tablets underscores the market's growth trajectory. With consumer devices serving as indispensable tools for productivity, entertainment, and communication, the demand for memory chips to enhance processing speeds and storage capacities experiences an unprecedented surge.

Technological Innovations Driving Growth

Continued advancements in memory chip technology play a pivotal role in driving market demand. Innovations such as Samsung Electronics' fifth-generation V-NAND memory chips, boasting enhanced data transfer speeds and energy efficiency, underscore the transformative potential of memory chip technology, further propelling market growth.

Opportunities in Automotive Sector and Emerging Technologies

Unprecedented developments in the automotive sector, coupled with the emergence of cutting-edge memory technologies like resistive RAM (RRAM) and 3D NAND, present lucrative opportunities for market players. Strategic alliances between OEMs and end-users further amplify the potential for growth and innovation within the memory chip market, paving the way for transformative breakthroughs.

Regional Frontiers

In the dynamic landscape of the memory chip market, Asia-Pacific emerges as a powerhouse, spearheaded by countries such as China, Taiwan, and South Korea. With robust electronics manufacturing capabilities and surging demand for memory chips, the region solidifies its position as a global leader in shaping the future of technology.

Meanwhile, North America's burgeoning data center industry and technological advancements in memory chip manufacturing propel the region to the forefront of market expansion, underscoring its pivotal role in driving innovation and progress.

Competitive Analysis

In a fiercely competitive market landscape, industry leaders such as Intel Corporation, Kingston Technology Corporation, Samsung Electronics Co Ltd., and Taiwan Semiconductor Manufacturing Company Ltd continue to spearhead innovation and shape the future of the memory chip market. Through strategic partnerships, mergers, and acquisitions, these industry giants leverage their expertise to propel the industry forward, driving innovation and fueling market growth.

Global Memory Chip Market is Segmented as Below:

By Type:

  • Volatile
    • DRAM
    • SRAM
  • Non-volatile
    • PROM
    • EEPROM
    • NAND Flash
    • Others

By Application:

  • Laptop/PC
  • Camera
  • Smartphone
  • Others

By Geographic Coverage:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Turkey
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Egypt
    • Nigeria
    • Rest of the Middle East & Africa

Table of Contents

1. Executive Summary

  • 1.1. Global Memory Chip Market Snapshot
  • 1.2. Future Projections
  • 1.3. Key Market Trends
  • 1.4. Regional Snapshot, by Value, 2022
  • 1.5. Analyst Recommendations

2. Market Overview

  • 2.1. Market Definitions and Segmentations
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Market Opportunities
  • 2.3. Value Chain Analysis
  • 2.4. Porter's Five Forces Analysis
  • 2.5. Covid-19 Impact Analysis
    • 2.5.1. Supply
    • 2.5.2. Demand
  • 2.6. Impact of Ukraine-Russia Conflict
  • 2.7. Economic Overview
    • 2.7.1. World Economic Projections
  • 2.8. PESTLE Analysis

3. Global Memory Chip Market Outlook, 2018 - 2030

  • 3.1. Global Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 3.1.1. Key Highlights
      • 3.1.1.1. Volatile
        • 3.1.1.1.1. DRAM
        • 3.1.1.1.2. SRAM
      • 3.1.1.2. Non-volatile
        • 3.1.1.2.1. PROM
        • 3.1.1.2.2. EEPROM
        • 3.1.1.2.3. NAND Flash
        • 3.1.1.2.4. Others
  • 3.2. Global Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 3.2.1. Key Highlights
      • 3.2.1.1. Laptop/PC
      • 3.2.1.2. Camera
      • 3.2.1.3. Smartphone
      • 3.2.1.4. Others
  • 3.3. Global Memory Chip Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
    • 3.3.1. Key Highlights
      • 3.3.1.1. North America
      • 3.3.1.2. Europe
      • 3.3.1.3. Asia Pacific
      • 3.3.1.4. Latin America
      • 3.3.1.5. Middle East & Africa

4. North America Memory Chip Market Outlook, 2018 - 2030

  • 4.1. North America Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 4.1.1. Key Highlights
      • 4.1.1.1. Volatile
        • 4.1.1.1.1. DRAM
        • 4.1.1.1.2. SRAM
      • 4.1.1.2. Non-volatile
        • 4.1.1.2.1. PROM
        • 4.1.1.2.2. EEPROM
        • 4.1.1.2.3. NAND Flash
        • 4.1.1.2.4. Others
  • 4.2. North America Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 4.2.1. Key Highlights
      • 4.2.1.1. Laptop/PC
      • 4.2.1.2. Camera
      • 4.2.1.3. Smartphone
      • 4.2.1.4. Others
  • 4.3. North America Memory Chip Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
    • 4.3.1. Key Highlights
      • 4.3.1.1. U.S. Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 4.3.1.2. U.S. Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 4.3.1.3. Canada Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 4.3.1.4. Canada Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
    • 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Memory Chip Market Outlook, 2018 - 2030

  • 5.1. Europe Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 5.1.1. Key Highlights
      • 5.1.1.1. Volatile
        • 5.1.1.1.1. DRAM
        • 5.1.1.1.2. SRAM
      • 5.1.1.2. Non-volatile
        • 5.1.1.2.1. PROM
        • 5.1.1.2.2. EEPROM
        • 5.1.1.2.3. NAND Flash
        • 5.1.1.2.4. Others
  • 5.2. Europe Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 5.2.1. Key Highlights
      • 5.2.1.1. Laptop/PC
      • 5.2.1.2. Camera
      • 5.2.1.3. Smartphone
      • 5.2.1.4. Others
    • 5.2.2. BPS Analysis/Market Attractiveness Analysis
  • 5.3. Europe Memory Chip Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
    • 5.3.1. Key Highlights
      • 5.3.1.1. Germany Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.2. Germany Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.3. U.K. Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.4. U.K. Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.5. France Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.6. France Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.7. Italy Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.8. Italy Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.9. Turkey Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.10. Turkey Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.11. Russia Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.12. Russia Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 5.3.1.13. Rest of Europe Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 5.3.1.14. Rest of Europe Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
    • 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Memory Chip Market Outlook, 2018 - 2030

  • 6.1. Asia Pacific Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 6.1.1. Key Highlights
      • 6.1.1.1. Volatile
        • 6.1.1.1.1. DRAM
        • 6.1.1.1.2. SRAM
      • 6.1.1.2. Non-volatile
        • 6.1.1.2.1. PROM
        • 6.1.1.2.2. EEPROM
        • 6.1.1.2.3. NAND Flash
        • 6.1.1.2.4. Others
  • 6.2. Asia Pacific Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 6.2.1. Key Highlights
      • 6.2.1.1. Laptop/PC
      • 6.2.1.2. Camera
      • 6.2.1.3. Smartphone
      • 6.2.1.4. Others
  • 6.3. Asia Pacific Memory Chip Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
    • 6.3.1. Key Highlights
      • 6.3.1.1. China Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.2. China Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 6.3.1.3. Japan Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.4. Japan Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 6.3.1.5. South Korea Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.6. South Korea Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 6.3.1.7. India Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.8. India Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 6.3.1.9. Southeast Asia Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.10. Southeast Asia Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 6.3.1.11. Rest of Asia Pacific Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 6.3.1.12. Rest of Asia Pacific Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
    • 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Memory Chip Market Outlook, 2018 - 2030

  • 7.1. Latin America Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 7.1.1. Key Highlights
      • 7.1.1.1. Volatile
        • 7.1.1.1.1. DRAM
        • 7.1.1.1.2. SRAM
      • 7.1.1.2. Non-volatile
        • 7.1.1.2.1. PROM
        • 7.1.1.2.2. EEPROM
        • 7.1.1.2.3. NAND Flash
        • 7.1.1.2.4. Others
  • 7.2. Latin America Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 7.2.1. Key Highlights
      • 7.2.1.1. Laptop/PC
      • 7.2.1.2. Camera
      • 7.2.1.3. Smartphone
      • 7.2.1.4. Others
  • 7.3. Latin America Memory Chip Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
    • 7.3.1. Key Highlights
      • 7.3.1.1. Brazil Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 7.3.1.2. Brazil Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 7.3.1.3. Mexico Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 7.3.1.4. Mexico Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 7.3.1.5. Argentina Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 7.3.1.6. Argentina Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 7.3.1.7. Rest of Latin America Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 7.3.1.8. Rest of Latin America Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
    • 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Memory Chip Market Outlook, 2018 - 2030

  • 8.1. Middle East & Africa Memory Chip Market Outlook, by Type, Value (US$ Mn), 2018 - 2030
    • 8.1.1. Key Highlights
      • 8.1.1.1. Volatile
        • 8.1.1.1.1. DRAM
        • 8.1.1.1.2. SRAM
      • 8.1.1.2. Non-volatile
        • 8.1.1.2.1. PROM
        • 8.1.1.2.2. EEPROM
        • 8.1.1.2.3. NAND Flash
        • 8.1.1.2.4. Others
  • 8.2. Middle East & Africa Memory Chip Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
    • 8.2.1. Key Highlights
      • 8.2.1.1. Laptop/PC
      • 8.2.1.2. Camera
      • 8.2.1.3. Smartphone
      • 8.2.1.4. Others
  • 8.3. Middle East & Africa Memory Chip Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
    • 8.3.1. Key Highlights
      • 8.3.1.1. GCC Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 8.3.1.2. GCC Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 8.3.1.3. South Africa Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 8.3.1.4. South Africa Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 8.3.1.5. Egypt Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 8.3.1.6. Egypt Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 8.3.1.7. Nigeria Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 8.3.1.8. Nigeria Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
      • 8.3.1.9. Rest of Middle East & Africa Memory Chip Market by Type, Value (US$ Mn), 2018 - 2030
      • 8.3.1.10. Rest of Middle East & Africa Memory Chip Market Application, Value (US$ Mn), 2018 - 2030
    • 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

  • 9.1. Capacity vs Application Heatmap
  • 9.2. Manufacturer vs Application Heatmap
  • 9.3. Company Market Share Analysis, 2022
  • 9.4. Competitive Dashboard
  • 9.5. Company Profiles
    • 9.5.1. Intel Corporation
      • 9.5.1.1. Company Overview
      • 9.5.1.2. Product Portfolio
      • 9.5.1.3. Financial Overview
      • 9.5.1.4. Business Strategies and Development
    • 9.5.2. Kingston Technology Corporation
      • 9.5.2.1. Company Overview
      • 9.5.2.2. Product Portfolio
      • 9.5.2.3. Financial Overview
      • 9.5.2.4. Business Strategies and Development
    • 9.5.3. Samsung Electronics Co Ltd.
      • 9.5.3.1. Company Overview
      • 9.5.3.2. Product Portfolio
      • 9.5.3.3. Financial Overview
      • 9.5.3.4. Business Strategies and Development
    • 9.5.4. Taiwan Semiconductor Manufacturing Company Ltd
      • 9.5.4.1. Company Overview
      • 9.5.4.2. Product Portfolio
      • 9.5.4.3. Financial Overview
      • 9.5.4.4. Business Strategies and Development
    • 9.5.5. Toshiba Corporation
      • 9.5.5.1. Company Overview
      • 9.5.5.2. Product Portfolio
      • 9.5.5.3. Financial Overview
      • 9.5.5.4. Business Strategies and Development
    • 9.5.6. Transcend Information Inc.
      • 9.5.6.1. Company Overview
      • 9.5.6.2. Product Portfolio
      • 9.5.6.3. Financial Overview
      • 9.5.6.4. Business Strategies and Development
    • 9.5.7. ADAT Technology Co Ltd.
      • 9.5.7.1. Company Overview
      • 9.5.7.2. Product Portfolio
      • 9.5.7.3. Financial Overview
      • 9.5.7.4. Business Strategies and Development
    • 9.5.8. Sony Corporation
      • 9.5.8.1. Company Overview
      • 9.5.8.2. Product Portfolio
      • 9.5.8.3. Business Strategies and Development
    • 9.5.9. Fujitsu Limited
      • 9.5.9.1. Company Overview
      • 9.5.9.2. Product Portfolio
      • 9.5.9.3. Financial Overview
      • 9.5.9.4. Business Strategies and Development

10. Appendix

  • 10.1. Research Methodology
  • 10.2. Report Assumptions
  • 10.3. Acronyms and Abbreviations
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!