What is Static Random Access Memory (SRAM) Market?
Static Random Access Memory (SRAM) is a memory chip that stores a bit using a six-transistor circuit and latch. SRAM is a volatile hence does not require additional charges but if the system is powered, it retains data values without recharging cells. It is generally used in workstations, computers, routers and other peripheral. The major benefit of using SRAM is high performance, reliability, and low idle power consumption. The rising demand for System On a Chip (SoC) technology in India has encouraged the Indian manufacturers to use SRAM in mobile devices, multimedia, networking and broadband applications. The growing demand for faster cache memories in consumer electronics globally and in embedded high-speed applications has boosted the market size of SRAM.
The market study is being classified by Type (Pseudo SRAM (PSRAM) and Non Volatile SRAM (nvSRAM)), by Application (Consumer Electronics, Industrial, Communication Sector and Other) and major geographies with country level break-up.
Samsung Electronics Co. Ltd (South Korea), Cypress Semiconductors Corporation (United States), Micron Technology, Inc. (United States), Integrated Silicon Solutions (United States), GSI Technology (United States), Toshiba Corporation (Japan), STMicroelectronics NV (Switzerland), Renesas Electronics Corporation (Japan), Powerchip Technology Corporation (Taiwan) and Intel Corporation (United States) are some of the key players profiled in the study.
The global static random access memory (SRAM) market is highly competitive and consists of a limited number of vendors who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for the manufacturer’s growth. To gain a competitive edge in the market, the providers need to develop innovative technologies and stay updated with the emerging technologies that could influence their product lines.
Segment Analysis
Analyst at AMA have segmented the market study of Global Static Random Access Memory (SRAM) market by Type, Application and Region.
On the basis of geography, the market of Static Random Access Memory (SRAM) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Consumer Electronics Manufacturing
- Emerging High-Performance Network Application
Market Trend
- SRAM Equipped With Advanced Technologies Such As Artificial Intelligence (AI), Internet of Things (IoT), And Big Data Analytics
Restraints
- High Costs and Power Consumption in Specific Use Cases
- Demand For Cellular RAM
Opportunities
- Increasing Use As Replacement Of Flash Memory
- Demand For Faster Cache Memories
Challenges
- High Cost of Designing And Low Stability In Harsh Condition
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Static Random Access Memory (SRAM) Manufacturer, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry