Dynamic Random Access Memory Market Trends

Dynamic Random Access Memory Market Drivers

Growing Demand for Mobile Phones is likely to drive the market growth

• The continuously increasing demand for mobile phones, laptops and other consumer devices across the globe is expected to drive the global dynamic random access memory market over the forecast period. 
• In the last few years, the need for mobiles and laptops have increased rapidly along with the increasing demand for good internet connection and also rising need for powerful processing technologies led by the increased focus on the storage capacity and less power consumption would likely to boost the DRAM market during the forecast period.

Dynamic Random Access Memory Market Restraint

Lack of Awareness and significant prices to restrain the market growth

• High prices of DRAM devices and lack of awareness regarding their usage in the low and medium sized economies are the major factors expected to restrain the market growth over the forecast period. Various types of DRAM chips available in the global market are highly costly and out of reach from low-income groups, which is likely to hamper the market growth in the near future.