Semiconductor Memory Market By Size, Share, Trends, Growth, Forecast 2026
Increase in the demand for high capacity and low power consuming memory requirements in various electronics sectors to drive global semiconductor memory market. According to TechSci Research report, “ Global Semiconductor Memory Market By Type (Volatile and Non-Volatile), By Volatile Type (DRAM, SRAM, SDRAM and MRAM), By Non-Volatile Type (PROM, EPROM, EEPROM and Flash Memory), By Application (Consumer Electronics, IT & Telecommunications, Automotive, Medical Devices, Aerospace & Defence and Others), By Region, Competition, Forecast & Opportunities, 2016-2026’’ , the global semiconductor memory market is projected to cross USD167.08 billion by 2026 at a CAGR of 7.02% on account of the growing demand for Solid State Devices (SSDs) for faster storage applications in new generation computers with new memory product launches. Moreover, the need for high storage capabilities in semiconductor chips used by different companies will positively infl...