Welcome!

iPhone Authors: Matthew Lobas, Kevin Benedict, Shelly Palmer

News Feed Item

Research and Markets: Global Mobile DRAM Market 2014-2018: Market Size and Forecast by Size and Volume

Research and Markets (http://www.researchandmarkets.com/research/tq98dq/global_mobile) has announced the addition of the "Global Mobile DRAM Market 2014-2018" report to their offering.

The analysts forecast the Global Mobile DRAM market to grow at a CAGR of 10.4 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of mobile DRAMs in smartphones. The Global Mobile DRAM market has also been witnessing the increasing number of mergers and acquisitions. However, the declining ASP of mobile DRAMs could pose a challenge to the growth of this market.

The key vendors dominating this market space are Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Winbond Electronics Corp.

Other vendors mentioned in the report are Apple Inc., LG Electronics Inc., Nanya Technology Corp., and Sony Corp.

Commenting on the report, an analyst from the team said: The Global Mobile DRAM market is witnessing increasing consolidation, which is expected to continue during the forecast period. The existing vendors and new entrants are taking the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Micron Technology acquired Elpida in July 2013. Earlier, Micron Technology was ranked fourth and Elpida third in the Global Mobile DRAM market. With this acquisition, Micron Technology is expected to strengthen its foothold in the market. Thus, the increasing number of mergers and acquisitions is expected to augur well for the growth of the market during the forecast period.

According to the report, one of the major drivers in this market is the increasing adoption of mobile DRAMs in smartphones. Smartphones are major application areas for mobile DRAMs. The use of DRAM content in smartphones is increasing with the development of smartphones with high memory capacities.

For more information visit http://www.researchandmarkets.com/research/tq98dq/global_mobile

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.