Global Memory Module Market Predicted to be worth US$11600 mn by 2023

Published Date : Jul 23, 2018

ALBANY, New York, July 23, 2018 - has announced the addition of a new business intelligence publication, titled “Global Memory Module Market by Manufacturers, Regions, Type and Application, Forecast to 2023,” to its expanding database. The report examines key market indicators such as demand drivers, challenges, and growth trends to present a near-conclusive reports of the global memory module market through 2023. It also looks into technological advances and product development that could influence the growth of the said market through the forecast period ending in 2023.

Memory module is a printed circuit board that features mounted memory integrated circuits. Memory modules allow easy installation and replacement in electronic systems, especially personal computers, servers, and workstations. The earliest memory modules were proprietary designs that were suitable to a particular computer model developed by a specific manufacturer.

At present, the concentration of memory module industry is limited which amounts to a handful of manufacturers of memory module worldwide. The manufacturers in China have an unshakeable position in the field. Chinese manufacturers such as Ramaxel and Kingston are known to deliver high quality products, while Taiwanese ADATA is the leader in Asia.

According to the report, the worldwide memory module market is predicted to clock a CAGR of nearly 3.7% between 2018 and 2023, for the market to attain a valuation of US$11600 mn in 2023. The market was valued at US$9310 mn in 2017.

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The report studies the global memory module market in terms of type, application, and region. By type, DDR, DDR3, DDR2, DDR4, and others are the segments into which the memory module market is divided in the report. Application-wise, PC, industrial, gaming, server, aerospace and defense are the segments into which the memory module market is divided in this report. North America, Asia Pacific, Europe, South America, and the Middle East and Africa are regions examined to comprehend growth of the global memory module market.

In desktop computers, the type of board and connector used for RAM has evolved over the past several years. The earliest ones were proprietary wherein different computer manufacturers created memory boards that would only be compatible with their specific systems. From single in-line to dual in-line, today several computers have RAM based on small outline dual in-line configuration. Nevertheless, most memory that is available today is highly reliable. Most systems simply possess memory controller check at the start for errors and rely on that. Memory chips with inbuilt error checking usually uses a method known as parity to check for errors.

The report discusses the competitive landscape of the memory module market at length. It identifies and profiles key companies for memory module. This includes Kingston, ADATA, MA Labs, Apacer, Team Group, Innodisk, Ramaxel, Micron, Transcend, Tigo, Corsair, and Kingmax Semiconductor.

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