PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1573896
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1573896
Static Random-Access Memory (SRAM) Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global Static Random-Access Memory (SRAM) Market was valued at around USD 643.6 million in 2023 and will achieve a 5.2 CAGR from 2024 to 2032, spurred by the growing demand for high-speed memory in consumer electronics and the increased adoption of IoT devices. As consumer electronics, including smartphones and tablets, require faster and more efficient memory solutions for improved performance, SRAM's speed and reliability make it an attractive choice. Besides, the expansion of IoT devices, which demand rapid data access and processing capabilities, further fuels the demand for SRAM, solidifying its position in the market.
The static random-access memory (SRAM) industry is fragmented on the basis of type, memory size, end-use industry, and region.
The synchronous SRAM segment captured 5.5% CAGR in 2023 due to its superior speed and efficiency in data processing. Synchronous SRAM is widely used in high-performance applications like networking, telecommunications, and military systems, where fast data access is crucial. Its ability to synchronize with the system clock enhances operational efficiency, making it ideal for tasks requiring quick response times. The growing demand for high-speed memory in these sectors supports the segment's dominant market position.
The automotive segment accounted for 30% of the market share in 2023, owing to the increasing integration of advanced electronics and infotainment systems in modern vehicles. SRAM's high-speed data processing capabilities are essential for managing real-time information in automotive applications, such as advanced driver-assistance systems (ADAS) and in-vehicle networking. As automotive technology advances and vehicles become more sophisticated, the demand for reliable, fast SRAM solutions grows, reinforcing the segment's prominent market position.
Asia Pacific static random-access memory (SRAM) industry achieved 38% share in 2023, propelled by the region's booming consumer electronics industry and expanding automotive sector. Countries like China, Japan, and South Korea are home to leading semiconductor manufacturers, which boosts SRAM production and adoption. Additionally, the rising demand for IoT devices and 5G infrastructure further fuels market growth in this region. Asia Pacific's technological advancements and strong manufacturing capabilities make it a significant contributor to the static random-access memory (SRAM) market.
Table of Contents
Chapter 1 Scope and Methodology
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360º synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Technology and innovation landscape
- 3.4 Patent analysis
- 3.5 Key news and initiatives
- 3.6 Regulatory landscape
- 3.7 Impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 increased demand for high-speed computing
- 3.7.1.2 advancements in automotive technology
- 3.7.1.3 expansion of consumer electronics
- 3.7.1.4 networking and telecommunications evolution
- 3.7.1.5 technological innovations
- 3.7.2 Industry pitfalls and challenges
- 3.7.2.1 High-cost relative to DRAM
- 3.7.2.2 Limited density compared to DRAM
- 3.7.1 Growth drivers
- 3.8 Growth potential analysis
- 3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
- 3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032 (USD Million)
- 5.1 Key trends
- 5.2 Asynchronous SRAM
- 5.3 Synchronous SRAM
- 5.4 Others
Chapter 6 Market Estimates and Forecast, By Memory Size, 2021 - 2032 (USD Million)
- 6.1 Key trends
- 6.2 Up to 1Mb
- 6.3 1Mb to 4Mb
- 6.4 4Mb to 16Mb
- 6.5 Above 16 Mb
Chapter 7 Market Estimates and Forecast, By End use Industry, 2021 - 2032 (USD Million)
- 7.1 Key trends
- 7.2 IT and Telecom
- 7.3 Consumer electronics
- 7.4 Automotive
- 7.5 Aerospace and defense
- 7.6 Industrial
- 7.7 Healthcare
- 7.8 Others
Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Rest of Latin America
- 8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 Alliance Memory, Inc.
- 9.2 Analog Devices, Inc.
- 9.3 Cypress Semiconductor Corporation
- 9.4 Etron Technology, Inc.
- 9.5 GSI Technology Inc.
- 9.6 Infineon Technologies
- 9.7 Integrated Device Technology Inc. (IDT)
- 9.8 Integrated Silicon Solution Inc. (ISSI)
- 9.9 Kioxia Corporation
- 9.10 Lyontek Inc.
- 9.11 Microchip Technology Inc.
- 9.12 Micron Technology, Inc.
- 9.13 NXP Semiconductors
- 9.14 ON Semiconductor
- 9.15 Renesas Electronics Corporation
- 9.16 Samsung Electronics Co., Ltd.
- 9.17 STMicroelectronics NV
- 9.18 Texas Instruments
- 9.19 Toshiba Corporation
- 9.20 Western Digital Corporation
- 9.21 Winbond Electronics Corporation.
