Memory Integrated Circuit (IC) Market Analysis, Size, Share, Growth, Trends and Forecast 2022-2031

Japan, Japan, Tue, 22 March 2022 09:36:06 / Comserve Inc. / – Memory Integrated Circuit (IC) Market with major country data, industry analysis, size, share, Revenue, Important Players, Developing Technologies, Trends and Forecast

Market overview

The memory IC market is expected to grow at a CAGR of 7.6% during the forecast period. Recent technological advances in this field have revealed new applications every day. Growing proliferation of smartphones, feature phones and tablets, Growing demand for low power memory requirements in portable wireless devices, Growing demand for Solid State Drives (SSDs) in storage applications big data are some of the major factors influencing the growth of the market. for memory integrated circuit devices.

– Memory ICs are mainly used in memory-based electronic devices such as mobile phones, computers, tablets, medical devices, smart cards, digital cameras, communication equipment and other devices digital electronics.
– The application of memory IC is very prevalent in smart phones, media players and USB drives. The demand for sophisticated memory ICs is expected to grow at a high rate due to increasing adoption and improvements in smartphones. The tablet computer is another device with a high need for IC memory. With the increasing adoption of tablet PCs, the demand for memory ICs is expected to increase over the forecast period. Canalys, a technology market analysis firm, estimates that worldwide shipment of tablet PCs could reach 141 million units by 2022 from 127 million units in 2018. Few other devices where circuits Built-in memory find their applications include digital cameras and camcorders, smart cards that can keep records of the cardholder.
– The healthcare industry is another key application area for memory ICs. The growing need to provide secure access to emergency medical information creates a field of application for memory integrated circuits in the healthcare sector. Devices with memory ICs can help maintain patient records in various medical equipment such as blood analysis machines, electrocardiographs, diagnostic imaging machines, medical computers and other patient record systems. electronic health. According to statistics from the National Center for Health Statistics, the electronic health record systems market is expected to reach USD 40 billion by 2024, from USD 26 billion in 2018.

Get sample PDF for more detailed market information: https://www.sdki.jp/sample-request-83007

Report scope

The memory integrated circuit (IC) market is segmented by various types of memory technologies, end-user industry, and geography. By type of memory ICs, the market studied is segmented into DRAM, Flash and other types. Flash IC types considered in the study include NOR and NAND Flash ICs. By end-user industry, the market studied is segmented into consumer electronics, automotive, IT & telecommunications, healthcare, and others. The scope of the report covers detailed information regarding major factors influencing the market such as drivers and restraints. The recent developments associated with the Semiconductor Technology market are also provided in the report.

Main market trends

Growing proliferation of smartphones, feature phones and tablets

– Memory ICs are used in the circuitry of mobile phones to provide storage for the phone’s operating system and customizable features, such as the phone book. They are used to activate the functions of amplifiers, oscillators, time counter computer memory, microprocessors, etc.
– The IC market is expected to record robust growth, owing to ongoing developments in the smartphone industry. Intense competition among mobile phone manufacturers is expected to further drive the growth of the market studied over the forecast period. Samsung’s recent offering includes a solution that allows phones to have a terabyte of storage with a single flash memory chip. This chip is expected to bring a laptop-like user experience to the next generation of mobile devices.
– eMarketer Estimates statistics show that global smartphone shipments worldwide are expected to reach around 1.7 billion units in 2020 and around 40% of the world’s population is expected to own a smartphone by 2021.
– The development of near field communication (NFC), which leads to the production of dynamic solutions for mobile couponing, mobile ticketing and access control, is further expected to drive revenue growth.

Asia-Pacific expected to grow at a significant CAGR

– Asia-Pacific is home to more than 60% of the current world population. The population and consumption of consumer electronics in the region is growing at the highest rate today, owing to which the region is expected to witness substantial growth in the memory IC market over the forecast period.
– World Semiconductor Trade Statistics (WSTS) revealed that global IC revenues from 2009 to 2018 increased from USD 190.3 billion to USD 401.6 billion, of which the Asia-Pacific region accounts for more than 40% of the world market for integrated circuits. According to statistics from IC Insights, the Asia-Pacific region accounts for more than 25% of the global memory IC market.
– The presence of prominent semiconductor companies (such as Avago Technologies) in the region is expected to boost the market growth. In addition, the growing number of suppliers of semiconductor materials required for IC manufacturing is driving the production of memory ICs. Asia-Pacific is closely followed by North America due to the development of the medical and automotive sectors as well as consumer electronics.

Get sample PDF report here: https://www.sdki.jp/sample-request-83007

Competitive landscape

The memory integrated circuit (IC) market is highly competitive and is currently dominated by a few players with their technological expertise in advanced semiconductor technology. The global market is expected to be consolidated in nature, and major players holding significant market share are focusing on product development and collaborative strategic initiatives to increase their market share and profitability. However, the market is expected to experience growing competition and emerging presence of several players over the forecast period. Microchip Technology Inc., STMicroelectronics, ON Semiconductor Corporation, Maxim Integrated Products, Inc., Fujitsu Ltd., Cypress Semiconductor Corporation, ABLIC Inc., Renesas Electronics Corporation, ROHM Semiconductor Co., Ltd. and Adesto Technologies Corporation are among the major players in today’s market.

– June 2019 – Infineon Technologies announced that it will acquire Cypress Semiconductor Corp CY. This acquisition is expected to provide the benefit of creating economies of scale that amount to approximately $200 million in annual cost savings by 2022.
– April 2019 – Alien Technology released ‘Higgs 9’, its latest IC. This device should offer the most amount of memory (among its chips), with improved sensitivity and lower cost.
– May 2018 – Microchip acquired Microsemi for 8.35 billion USD. The acquisition is expected to boost Microchip’s analog business in computing and communications applications.

1. INTRODUCTION
1.1 Study deliverables
1.2 Assumptions of the study
1.3 Scope of the study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Proliferation of Smartphones, Feature Phones and Tablets
4.3.2 Growing Demand for Low Power Memory Requirements in Portable Wireless Devices
4.3.3 Rise in Demand for Solid State Drives in Big Data Storage Applications
4.4 Market Constraints
4.4.1 High Development Cost of Memory ICs
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Forces Analysis
4.6.1 Threat of new entrants
4.6.2 Bargaining power of buyers/consumers
4.6.3 Bargaining power of suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

Ask for it and browse the full report- Memory Integrated Circuit (IC) Market

The dynamic nature of the business environment in today’s global economy increases the need among business professionals to update themselves with current market situations. To meet these needs, Shibuya Data Count provides market research reports to various professionals in different verticals, such as healthcare and pharmaceuticals, IT and telecommunications, chemicals and advanced materials, goods consumption and food, energy and electricity, manufacturing and construction, industry. automation and equipment and agriculture and related activities, among others.

For more information please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

The publication Memory Integrated Circuits (ICs) Market Analysis, Size, Share, Growth, Trends, and Forecasts 2022-2031 appeared first on Comserveonline.

Comments are closed.