The Business Research Company’s Memory Chips Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, October 22, 2021 /EINPresswire.com/ -- According to the new market research report ‘Memory Chips Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the memory chips market is expected to grow from $75.08 billion in 2020 to $82.35 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $102.6 billion in 2025 at a CAGR of 6%. Rising penetration of mobile, tablet and other electronics and rising data consumption will drive the memory chip market.Request For A Sample For The Global Memory Chips Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2675&type=smp
The memory chip market consists of sales of memory chips. A memory chip is a semiconducting chip comprising of numerous capacitors and transistors that can hold the data temporarily through random access memory (RAM), or permanently through read only memory (ROM).
Trends In The Global Memory Chips Market
Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increase the speed of processors. For instance, Samsung Electronics announced mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally has the fastest data write speed at 500-microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the market.
Global Memory Chips Market Segments:
The global memory chips market is further segmented:
By Type: Volatile, Non Volatile
By Application: Laptop/PCs, Camera, Smartphone
By Sales Channel: OEM, Aftermarket
By Geography: The global memory chips market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Memory Chips Market At:
https://www.thebusinessresearchcompany.com/report/memory-chips-global-market-report
Memory Chips Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides memory chips global market overviews, analyzes and forecasts market size and growth for the global memory chips market, memory chips global market share, memory chips global market players, memory chips market segments and geographies, memory chips market’s leading competitors’ revenues, profiles and market shares. The memory chips market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Memory Chips Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Memory Chips Market Organizations Covered: Samsung Group, Sony Corporation, Toshiba, SK Hynix, Micron Technology, Intel, Transcend Information, Fujitsu Microelectronics Inc., NXP, Broadcom, Qualcomm, Texas Instruments, Western Digital, Taiwan Semiconductor, Tsmc, Ti, Mediatek, Avago, Renesas.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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Here is a list of reports from The Business Research Company similar to the Memory Chips Global Market Report 2021:
Non-Volatile Memory Global Market Report 2021: COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/non-volatile-memory-global-market-report
Computer Storage Devices Global Market Report 2021: COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/computer-storage-devices-global-market-report
Semiconductor And Related Devices Global Market Report 2021: COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/semiconductor-and-related-devices-global-market-report
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