What is Semiconductor Memory Market?
Semiconductor memory is an electronic device for data storage which is used as computer memory. It is a kind of device in which digital information is maintained by using Integrated Circuit technology. The Semiconductor Memory market can be segmented on the basis of types Volatile and Non-Volatile. The need for storage for the huge amount of data being generated is what will make the consumer electronics, mass storage and enterprise storage applications account for the largest share of the overall semiconductor memory market. In terms of applications, the Semiconductor Memory market has been segmented across the following Consumer Electronics, Enterprise Storage, Automotive, Mass Storage, Aerospace & Defense, and Others.
The market study is being classified by Type (Volatile [RAM, DRAM, SRAM and SDRAM] and Non-Volatile [ROM, PROM, EPROM, EEPROM, MRAM and Flash memory]), by Application (Consumer Electronics, Enterprise Storage, Automotive, Aerospace & Defense and Others) and major geographies with country level break-up.
Microchip Technology, Inc. (United States), Cypress Semiconductor Corporation (United States), SK Hynix Inc. (South Korea), Intel Corporation (United States), Micron Technology (United States), NXP Semiconductors (Netherlands), Renesas Electronics Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Atmel Corporation (United States) and Everspin Technology (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Crocus Technology (China), Advanced Energy Industries Inc. (United States) and Veeco Instruments (United States).
The players in the semiconductor memory market have been trying to rise their customer bases through mergers & acquisitions and strategic expansions. With the help of continuous innovations and R&D efforts the companies have developed the finest quality and high-value products with the best cost for the price-sensitive industry. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Semiconductor Memory market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Semiconductor Memory market by Type, Application and Region.
On the basis of geography, the market of Semiconductor Memory 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 Demand from Consumer Electronics
- Increasing Utilization of Memory-Based Components in Technically-Advanced Products
Market Trend
- Increased Technological Adoptions
- Increasing Research and Development Activities
Restraints
- High Cost of Manufacturing
Opportunities
- Increasing Demand Of Semiconductor Memory in Automotive
- Growing Requirements for Enhanced Computing Capabilities in Data Centers
Challenges
Feb 26, 2019: Cypress Semiconductor Corp., the embedded solutions leader, today announced a new line of its PSoC® 6 microcontrollers (MCUs) designed to give Internet of Things (IoT) designers confidence in the security of their applications.
Key Target Audience
Manufacturers of Consumer Electronics, Wholesalers, Distributers and Retailers of Consumer Electronics, Automotive Industry and Governmental Bodies