The global Static Random-Access Memory (SRAM) Market was valued at USD 389.3
million in 2018 and is expected to reach USD 527 million by 2025. It can
display a CAGR of 4.45% during the forecast period.
The ability to access data at high speeds and
compatibility with low-power applications can drive the market. Shift to
embedded SRAM in ASIC applications and customized applicatiosn can bode well
for the market. Assembly of various consumer electronic devices and demand for
quality semiconductor components can fuel the need for SRAM. The popularity of
gaming and gaming devices can lead to its integration in latest system
consoles. This is evident with Microsoft Corporation using SRAM in Xbox One
systems which can accelerate file saving than traditional DDR3 RAM. Moreover,
the integration of SRAM physical unclonable functions (PUF) on semiconductor
chips for prevention of data theft can favor the market greatly.
But the complex architecture and expensive nature of
the component can threaten market growth.
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Static random-access memory (S-RAM or SRAM) is a
semiconductor memory component capable of retaining data as long as power is
being supplied. It is used in small memory banks, caches, and registers. The
large number of computing, microprocessor, and consumer electronic applications
can drive its need exponentially. The global static random-access memory market
report by Market Research Future (MRFR) provides a detailed view of the
industry replete with growth enablers and challenges for estimating revenue and
growth trajectories for the period of 2019 to 2025 (forecast period). The
COVID-19 pandemic and its impact are analyzed at a granular level for providing
an unbiased view.
Segmentation
The global static random-access memory (SRAM) market
has been segmented on the basis of type, memory size, and application.
By type, the global static random-access memory
(SRAM) market has been segmented into serial SRAM, synchronous SRAM, laser
asynchronous SRAM, pseudo SRAM, and others.
By memory size, the global static random-access
memory (SRAM) market has been segmented into 8 KB–256 KB, 256KB–2 MB, and above
2 MB.
Based on application, the global static
random-access memory (SRAM) market has been segmented into IT &
telecommunication, automotive, consumer electronics, industrial, aerospace
& defense, and others.
Regional Analysis
By region, the global static random-access memory
(SRAM) market has been segmented into North America, Europe, Asia Pacific
(APAC), the Middle East & Africa (MEA), and Central & South America.
The APAC region is estimated to dominate the global
static random-access memory (SRAM) market followed by North America. The wide
consumer electronics customer base in China and the presence of major global
foundries in APAC has led to the faster development of non-volatile memory
technologies and has permitted the easy availability of products in the market.
The launch of next-generation technologies and 3D packaging can induce the need
for SRAM on chips. Furthermore, technological initiatives and investments by
governments in the form of IT parks to promote the development of dynamic
memory modules is further boosting the growth of the regional market.
On the other side, North America is expected to
witness the fastest growth due to the increasing deployment of data centers in
the region. According to the Washington State Department of Commerce, the US
data center market is witnessing growth due to large storage options by
consumers and enterprises. North Virginia has the largest data center market in
the US. The focus on online gaming and sales of latest multi-player games can
be fruitful for the global SRAM market in the region.
Competitive Outlook
Lyontek Inc., Integrated Device Technology, Inc., ON
Semiconductor, Integrated Silicon Solution Inc., Microchip Technology Inc.,
SemiLEDS Corporation, Cypress Semiconductor, Jeju Semiconductor, Renesas
Electronics Corporation, Chiplus Semiconductor Corp., and others are key
players of the global static random-access memory (S-RAM) market.
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