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Semiconductor Memory Market Size
- Report ID: GMI2548
- Published Date: Dec 2022
- Report Format: PDF
Semiconductor Memory Market Size
Semiconductor Memory Market size surpassed USD 160 billion in 2022 and is anticipated to register 7.5% CAGR from 2023 to 2032 driven by the rising penetration of 5G and IoT devices globally.
As the Internet of Things (IoT), connectivity, automation and edge technologies are made possible by the fifth generation of wireless technology, IT companies are developing smarter, connected products to support them. Similarly, the rollout of 5G encourages semiconductor factories to develop the higher-performing, ultra-flat wafers required for these gadgets. Companies are taking advantage of the lucrative opportunities in the sector by taking efforts to develop production techniques for more wafers and chips in less time. Furthermore, increasing investments by several cities in the development of advanced data centers are projected to support growth by 2032.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Semiconductor Memory Market Size in 2022: | USD 160 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 340 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 240 |
| Tables, Charts & Figures: | 336 |
| Segments covered: | Technology, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Semiconductor Memory Market Scope
