With Market Size Valued at $173.6 Billion by 2026, It`s a Healthy Outlook for the Global Dynamic Random Access Memory (DRAM) Market

San Francisco, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Dynamic Random Access Memory (DRAM) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 1578
Companies: 46 - Players covered include Kingston Technology Co., Inc.; Micron Technology, Inc.; Nanya Technology Corporation; Samsung Electronics Co., Ltd.; SK Hynix, Inc.; Transcend Information, Inc.; Winbond Electronics Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (Computers, Handheld Devices, Networking, Consumer Electronics, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Dynamic Random Access Memory (DRAM) Market to Reach $173.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Dynamic Random Access Memory (DRAM) estimated at US$105.5 Billion in the year 2020, is projected to reach a revised size of US$173.6 Billion by 2026, growing at a CAGR of 8.5% over the analysis period. Computers, one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$64.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Handheld Devices segment is readjusted to a revised 8.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $31 Billion in 2021, While China is Forecast to Reach $39.1 Billion by 2026
The Dynamic Random Access Memory (DRAM) market in the U.S. is estimated at US$31 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$39.1 Billion by the year 2026 trailing a CAGR of 13% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Networking Segment to Reach US$30.5 Billion by the year 2026
In the global Networking segment, USA, Canada, Japan, China and Europe will drive the 7.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$14.2 Billion in the year 2020 will reach a projected size of US$23.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More 

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.