Global Static RAM Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. A memory system that helps with the static storing of data is known as a static random-access memory. It uses two cross-coupled inverters to store a little amount of data on four transistors. Major driving factors for the market are growing sales of smartphones which has major application of static RAM for data storage. Along with this, the adoption of static RAM is increasing in life science and growing life science industry is rising the sales of the market over the forecasted period.
According to Statista, in 2021, the sales of smartphones worldwide were 14.02 billion which is predicted to increase to 18.22 billion in 2025 which is increasing the sales of static RAM, as these RAMs are installed in mobile phones. Furthermore, in 2017, the investment by VC in life science industry was USD 17.9 billion which increased to USD 36.1 billion in 2020. Moreover, in the projection period of 2021 to 2029, technological developments, increased infrastructure, and the usage of mobile phones provide lucrative prospects to market participants. However, high cost associated with the development of static RAM is restraining the market growth over the forecasted period.
The key regions considered for the Global Static RAM Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is holding the largest share over the forecasted period. Factors such as presence of key market players in the region and the region being technologically advanced are propelling the use of static RAM over the forecasted period. Along with this, Asia-Pacific is growing with the fastest CAGR over the forecasted period. The factors which are propelling the growth of the market are, the emergence of the high computational consumer has been fueled by the rising popularity of smartphones and the demand for newer memory technologies, providing SRAM with a number of opportunities in this industry.
Major market players included in this report are:
Cypress
Renesas Electronics Corporation
Samsung
Toshiba
ON Semiconductor
Amic Technology
Lyontek
Micron TechnologyUS
Integrated Silicon SolutionsUS
Integrated TechnologyUS
Recent Developments in the Market:
In April 2021, Infineon launched a second-generation non-volatile SRAM which is providing fast access time and helps in retaining memory.
In June 2022, in order to offer 90 nm strategic rad-hard by process solutions for microelectronic devices utilised in harsh environments, SkyWater Technology, the dependable technology realisation partner, announced a new component of its RH90 IP ecosystem. For SkyWater clients creating devices on its growing RH90 platform, Mobile Semiconductor will offer two static random-access memory (SRAM) compilers.
Global Static RAM Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Quad data rate (QDR)
Double data rate (DDR)
Asynchronous SRAM
PSRAM
VSRAM
By Application:
Computers/IT
Communication
Automotive
Consumer electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World