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Global Memory ICs Market by Type (SRAM, DRAM, EPROM, Other), By Application (Consumer Electronics, Commercial Electronics, Industrial Electronics) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-838
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 65
  • No. Of Pages: 214
  • Format:
  • Pub. Date: 2021-03-01
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The Global Memory ICs Market size is projected to reach USD X, XXX.X Million by 2028 from an estimated USD 4,580.5 Million in 2018 at a CAGR of 5.1% during the forecast period (2021-2028). The growth drivers are the high demand for memory devices in consumer electronics, commercial electronics, and industrial applications coupled with the rapid adoption of new technologies such as 3D NAND technology which has improved storage capacity and reduced cost per GB compared to DRAMs.

A memory integrated circuit (IC) is a type of semiconductor device that can store digital data. Memory ICs are used in a wide variety of electronic devices, including personal computers, tablets, smartphones, and other consumer electronics products. A Memory IC contains a memory array and control circuitry. The basic function of the Memory IC is to store data in an encoded state for future use or retrieval. It can retain its contents even when there is no power supply present that allows it to be used in a larger system. It can hold data indefinitely until new information is written over it or when power is lost and the memory chip needs to be reprogrammed.

On the basis of Type, the global memory ICs market is segmented into SRAM, DRAM, and EPROM.


SRAM stands for Static Random-Access Memory, which is a type of memory that does not need to be refreshed as it stores the information in its cells even when there’s no power. SRAM is a key memory IC type in the field of electronics. It holds data temporarily and uses less power than DRAM to preserve content for longer periods of time. The access times are faster compared to other types, making it ideal for applications that require quick read/write cycles such as CPUs, DSPs, and GPUs.


DRAM is a type of random access memory that stores data as bits on the capacitor plates of an integrated circuit. The bit can be accessed or changed without having to erase the entire word. It has been used in computers, gaming consoles, and other electronics devices ever since. DRAM is called dynamic because it requires a constant flow of electricity to maintain its memory. DRAM is the most common type of memory found in computers and other electronic devices. It is used for short-term storage, such as when a program is running and can be accessed quickly. When data is no longer needed, it is stored in the hard drive.


EPROM, or Erasable Programmable Read-Only Memory, is a type of memory that can be erased and rewritten. This makes it ideal for storing data that needs to be changed frequently, such as in microcontrollers or BIOS settings. EPROMs are available in both DIP (dual in-line package) and SOL (small outline) packages. Some of the features of EPROM include non-volatility, high endurance, and data retention. These characteristics make it an ideal choice for applications such as automotive electronics, industrial control systems, and medical devices. Additionally, EPROM is also used in military and aerospace applications. It is worth noting that EPROM has a limited write cycle.

On the basis of Application, the global memory ICs market is segmented into Consumer Electronics, Commercial Electronics, and Industrial Electronics.

Consumer Electronics:

Memory ICs are used in various applications such as consumer electronics, commercial electronics, and Industrial Electronics. Memory devices have become an integral part of today's electronic products such as mobile phones, laptops, tablets, and smart wearables among others. These memory devices help to store information that can be retrieved whenever needed by the end-users or consumers.

Commercial Electronics:

The application of memory ICs is very high in the Commercial Electronics industry. Memory devices are used for many commercial electronic applications, including computing and telecommunication. The need to develop smaller, faster and more compact memories challenge semiconductor manufacturers to deliver new technologies that allow for improved data storage capacity due to continuous reduction in device dimensions across all product segments.

Industrial Electronics:

In the Industrial Electronics industry, Memory ICs are used in various applications such as those found within data transfer interfaces and communication devices. Memory ICs help to store information on a computer chip that is electronically reusable by a machine or device for its intended use. This means that memory can be quickly accessed without requiring an external power source. Additionally, the use of Memory ICs within Industrial Electronics helps to improve product efficiency and performance. For example, by reducing the number of discrete components required in a system, overall power consumption is minimized. This ultimately improves safety and reliability while also lowering manufacturing costs. In some cases, Memory ICs are also used for data logging or storage purposes in order to maintain a history of system operations.

On the basis of Region, the global memory ICs market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific region dominated with the highest CAGR during the forecast period. Some players are investing in this region due to the untapped opportunities and high growth potential. The North American market is expected to hold the largest share of the memory ICs market during 2021, followed by Europe. The U.S., Canada, Germany are some major economies covered under the North American region which are contributing to a large share of regional revenue. This factor is expected to boost the market growth during the forecast period. Latin America is also anticipated to witness high demand for memory ICs particularly in Brazil, Mexico, and Argentina which are driving regional revenue at a significant rate. On the other hand, APEJ represents an emerging region due to rapid industrialization and the large population base.

Growth Factors For The Global Memory ICs Market:

-The increasing demand for consumer electronics and commercial electronics is driving the growth of the global memory ICs market.

-The increasing demand for cloud storage and big data is also propelling the growth of the global memory ICs market.

-The expanding automotive electronics market is contributing to the growth of the global memory ICs market.

-The growing demand for smart homes is also fueling the growth of the global memory ICs market.

-The rising demand for IoT is propelling the growth of the global memory ICs market.

-The increasing demand for wearable electronics is boosting the growth of the global memory ICs market.

-The growing popularity of augmented reality and virtual reality is contributing to the growth of the global memory ICs market.

-The rising demand from emerging economies such as China, India, and Brazil is fuelling the growth of the global memory ICs market.

-The growing trend of miniaturization is aiding the growth of the global memory ICs market.

-The advancements in technology are providing opportunities for the growth of the global memory ICs market.

Up Market Research published a new report titled “Memory ICs Market research report which is segmented by Types (SRAM, DRAM, EPROM, Other), By Applications (Consumer Electronics, Commercial Electronics, Industrial Electronics), By Players/Companies Texas Instruments, ROHM, Intel, Maxim Integrated, Microchip Technology, NXP, Fujitsu Electronics, Honeywell, Renesas Electronics Corporation, ON Semiconductor, Alliance Memory, Yangtze Memory Technology, Hefei Chang Xin (Innotron Memory), Fujian Jinhua Integrated Circuit Co. (JHICC).”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report Attributes Report Details
Report Title Memory ICs Market Research Report
By Type SRAM, DRAM, EPROM, Other
By Application Consumer Electronics, Commercial Electronics, Industrial Electronics
By Companies Texas Instruments, ROHM, Intel, Maxim Integrated, Microchip Technology, NXP, Fujitsu Electronics, Honeywell, Renesas Electronics Corporation, ON Semiconductor, Alliance Memory, Yangtze Memory Technology, Hefei Chang Xin (Innotron Memory), Fujian Jinhua Integrated Circuit Co. (JHICC).
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 214
Number of Tables & Figures 150
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Memory ICs Industry Outlook

Global Memory ICs Market Report Segments:

The market is segmented by Type SRAM, DRAM, EPROM, Other and By Application Consumer Electronics, Commercial Electronics, Industrial Electronics.


Some of the companies that are profiled in this report are:

  1. Texas Instruments
  2. ROHM
  3. Intel
  4. Maxim Integrated
  5. Microchip Technology
  6. NXP
  7. Fujitsu Electronics
  8. Honeywell
  9. Renesas Electronics Corporation
  10. ON Semiconductor
  11. Alliance Memory
  12. Yangtze Memory Technology
  13. Hefei Chang Xin (Innotron Memory)
  14. Fujian Jinhua Integrated Circuit Co. (JHICC).

Memory ICs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Memory ICs Market

Overview of the regional outlook of the Memory ICs Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Memory ICs Market Overview

Highlights of The Memory ICs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Memory ICs Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. SRAM

                2. DRAM

                3. EPROM

                4. Other

       7. By Application:

                1. Consumer Electronics

                2. Commercial Electronics

                3. Industrial Electronics

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Memory ICs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Memory ICs Market Statistics

Reasons to Purchase the Memory ICs Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Memory ICs Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Memory ICs Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Memory ICs Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Memory ICs Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Memory ICs Market Size & Forecast, 2018-2028 
      4.5.1 Memory ICs Market Size and Y-o-Y Growth 
      4.5.2 Memory ICs Market Absolute $ Opportunity 

Chapter 5 Global Memory ICs Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Memory ICs Market Size Forecast by Type
      5.2.1 SRAM
      5.2.2 DRAM
      5.2.3 EPROM
      5.2.4 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Memory ICs Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Memory ICs Market Size Forecast by Applications
      6.2.1 Consumer Electronics
      6.2.2 Commercial Electronics
      6.2.3 Industrial Electronics
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Memory ICs Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Memory ICs Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Memory ICs Analysis and Forecast
   9.1 Introduction
   9.2 North America Memory ICs Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Memory ICs Market Size Forecast by Type
      9.6.1 SRAM
      9.6.2 DRAM
      9.6.3 EPROM
      9.6.4 Other
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Memory ICs Market Size Forecast by Applications
      9.10.1 Consumer Electronics
      9.10.2 Commercial Electronics
      9.10.3 Industrial Electronics
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Memory ICs Analysis and Forecast
   10.1 Introduction
   10.2 Europe Memory ICs Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Memory ICs Market Size Forecast by Type
      10.6.1 SRAM
      10.6.2 DRAM
      10.6.3 EPROM
      10.6.4 Other
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Memory ICs Market Size Forecast by Applications
      10.10.1 Consumer Electronics
      10.10.2 Commercial Electronics
      10.10.3 Industrial Electronics
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Memory ICs Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Memory ICs Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Memory ICs Market Size Forecast by Type
      11.6.1 SRAM
      11.6.2 DRAM
      11.6.3 EPROM
      11.6.4 Other
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Memory ICs Market Size Forecast by Applications
      11.10.1 Consumer Electronics
      11.10.2 Commercial Electronics
      11.10.3 Industrial Electronics
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Memory ICs Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Memory ICs Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Memory ICs Market Size Forecast by Type
      12.6.1 SRAM
      12.6.2 DRAM
      12.6.3 EPROM
      12.6.4 Other
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Memory ICs Market Size Forecast by Applications
      12.10.1 Consumer Electronics
      12.10.2 Commercial Electronics
      12.10.3 Industrial Electronics
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Memory ICs Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Memory ICs Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Memory ICs Market Size Forecast by Type
      13.6.1 SRAM
      13.6.2 DRAM
      13.6.3 EPROM
      13.6.4 Other
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Memory ICs Market Size Forecast by Applications
      13.10.1 Consumer Electronics
      13.10.2 Commercial Electronics
      13.10.3 Industrial Electronics
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Memory ICs Market: Competitive Dashboard
   14.2 Global Memory ICs Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Texas Instruments
      14.3.2 ROHM
      14.3.3 Intel
      14.3.4 Maxim Integrated
      14.3.5 Microchip Technology
      14.3.6 NXP
      14.3.7 Fujitsu Electronics
      14.3.8 Honeywell
      14.3.9 Renesas Electronics Corporation
      14.3.10 ON Semiconductor
      14.3.11 Alliance Memory
      14.3.12 Yangtze Memory Technology
      14.3.13 Hefei Chang Xin (Innotron Memory)
      14.3.14 Fujian Jinhua Integrated Circuit Co. (JHICC).
Segments Covered in the Report
The global Memory ICs market has been segmented based on

By Types
  • SRAM
  • DRAM
  • Other
By Applications
  • Consumer Electronics
  • Commercial Electronics
  • Industrial Electronics
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Texas Instruments
  • ROHM
  • Intel
  • Maxim Integrated
  • Microchip Technology
  • NXP
  • Fujitsu Electronics
  • Honeywell
  • Renesas Electronics Corporation
  • ON Semiconductor
  • Alliance Memory
  • Yangtze Memory Technology
  • Hefei Chang Xin (Innotron Memory)
  • Fujian Jinhua Integrated Circuit Co. (JHICC).

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