Global Memory Modules Market 2018-2022
About Memory Modules
A memory module is a circuit board that contains integrated circuits installed in a memory slot on the motherboard. There are two types of memory modules: volatile and non-volatile memory modules.
Technavio’s analysts forecast the global memory modules market to grow at a CAGR of 5.86% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global memory modules market for 2018-2022. To calculate the market size, the report considers the unit shipments of memory modules. The overall market size by revenue has been calculated by adding up the market sizes of the different types of memory modules.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Memory Modules Market 2018-2022
Technavio recognizes the following companies as the key players in the global memory modules market: HP Development Company, Netlist, Kingston Technology, Kingmax Semiconductor, ADATA Technology, Micron Technology, SK HYNIX
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Integration of MRAM in smartphones. MRAM is an emerging memory module technology”
According to the report, one of the major drivers for this market is Increasing demand for data centers. Data center applications, including data mining, data extracting, and data processing, work on multiple discrete data items, such as quantitative data, in a single operation. To handle complex data, alternative storage devices, modules, or systems are required that can provide high performance. Memory modules such as DRAM and MRAM offer future scalability, higher capacities, and consume low power. Memory modules have become an essential requirement in some networking and storage products.
Further, the report states that one of the major factors hindering the growth of this market is High production costs. Memory modules are still new and emerging technologies. Thus, highly sophisticated design equipment (semiconductor manufacturing and test equipment) is required during their manufacturing process. Different next-generation memory modules need to be designed and developed depending on end-user requirements. This requires significant amounts of investments in R&D processes.
HP Development Company, Netlist, Kingston Technology, Kingmax Semiconductor, ADATA Technology, Micron Technology, SK HYNIX