Global Static Random Access Memory (SRAM) Market-Growth, Trends, and Forecast (2018-2023)
This report provides an in-depth insight of Static Random Access Memory (SRAM) Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.
(EMAILWIRE.COM, July 15, 2018 ) Global Static Random Access Memory (SRAM) Market 2018-2023:
The global static random access memory (SRAM) market was valued at USD XX billion in 2017 and is expected to reach USD XX billion by 2023, at a CAGR of XX.XX% during the forecast period (2018 - 2023).
The characteristics of static random access memory (SRAM), such as bandwidth and power efficiency, make these an ideal solution for electronic products, such as cell phones and other electronic user interfaces. Compared to traditional RAM, effective replacement of the traditional memory technology and increasing applications are the major factors driving the SRAM market. High cost involved in designing and low stability in harsh condition are some of the factors that are expected to hinder the growth of the SRAM market.
Growing Demand for SRAM in Cellular Devices
The demand for cellular RAM is growing at a rapid rate and increasing application of SRAM in cellular devices is expected to impact the market. Flash memory can be replaced by SRAMs, thus, providing several opportunities for the manufacturers. The increase in sales of smartphones is expected to increase the demand for mobile SRAMs, making smartphones the major revenue-generating source in the global mobile SRAM market. The global smartphone market is expected to witness a growth rate of more than 11%.
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Key Players:
CYPRESS SEMICONDUCTOR
INTEGRATED SILICON SOLUTION, INC. (ISSI)
GSI TECHNOLOGY
INTEGRATED DEVICE TECHNOLOGY, INC.
SAMSUNG SEMICONDUCTOR
MICRON TECHNOLOGY
TOSHIBA
STMICROELECTRONICS N.V.
NEC CORPORATION
RENESAS ELECTRONICS CORPORATION
amongst others.
Asia-Pacific to Occupy Significant Market Share
Asia-Pacific is expected to witness highest growth rate, mainly with the growing demand from China, Japan, and South Korea, owing to the presence of key industry participants. The rising popularity of smartphones and demand for newer memory technologies have increased the growth of computationally-intensive consumer electronics, thereby, creating a range of opportunities for SRAM in this region.
Key Developments In The Market
March 2017 - Micron Technology, Inc., semiconductor systems, announced that it successfully won the auction for Cando Corporation assets, which will be utilized in establishing a back-end site for Micron Taiwan.
Make an inquiry before buying this report@ http://orbisresearch.com/contacts/enquiry-before-buying/2127877
Reasons to Purchase the Report
Impact of growing application in consumer electronics industry
Analyzing various perspectives of the market with the help of Porters five forces analysis
Growth across various end users, such as automotive electronics, communication sector, and consumer electronics
Regional analysis of the market
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
The global static random access memory (SRAM) market was valued at USD XX billion in 2017 and is expected to reach USD XX billion by 2023, at a CAGR of XX.XX% during the forecast period (2018 - 2023).
The characteristics of static random access memory (SRAM), such as bandwidth and power efficiency, make these an ideal solution for electronic products, such as cell phones and other electronic user interfaces. Compared to traditional RAM, effective replacement of the traditional memory technology and increasing applications are the major factors driving the SRAM market. High cost involved in designing and low stability in harsh condition are some of the factors that are expected to hinder the growth of the SRAM market.
Growing Demand for SRAM in Cellular Devices
The demand for cellular RAM is growing at a rapid rate and increasing application of SRAM in cellular devices is expected to impact the market. Flash memory can be replaced by SRAMs, thus, providing several opportunities for the manufacturers. The increase in sales of smartphones is expected to increase the demand for mobile SRAMs, making smartphones the major revenue-generating source in the global mobile SRAM market. The global smartphone market is expected to witness a growth rate of more than 11%.
Get a sample copy of this report@ http://orbisresearch.com/contacts/request-sample/2127877
Key Players:
CYPRESS SEMICONDUCTOR
INTEGRATED SILICON SOLUTION, INC. (ISSI)
GSI TECHNOLOGY
INTEGRATED DEVICE TECHNOLOGY, INC.
SAMSUNG SEMICONDUCTOR
MICRON TECHNOLOGY
TOSHIBA
STMICROELECTRONICS N.V.
NEC CORPORATION
RENESAS ELECTRONICS CORPORATION
amongst others.
Asia-Pacific to Occupy Significant Market Share
Asia-Pacific is expected to witness highest growth rate, mainly with the growing demand from China, Japan, and South Korea, owing to the presence of key industry participants. The rising popularity of smartphones and demand for newer memory technologies have increased the growth of computationally-intensive consumer electronics, thereby, creating a range of opportunities for SRAM in this region.
Key Developments In The Market
March 2017 - Micron Technology, Inc., semiconductor systems, announced that it successfully won the auction for Cando Corporation assets, which will be utilized in establishing a back-end site for Micron Taiwan.
Make an inquiry before buying this report@ http://orbisresearch.com/contacts/enquiry-before-buying/2127877
Reasons to Purchase the Report
Impact of growing application in consumer electronics industry
Analyzing various perspectives of the market with the help of Porters five forces analysis
Growth across various end users, such as automotive electronics, communication sector, and consumer electronics
Regional analysis of the market
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results