Market Overview:
The global memory bank market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-performance computing and big data analytics. Additionally, the growing trend of miniaturization in electronic devices is also contributing to the growth of this market. Based on type, the global memory bank market can be segmented into dual in-line memory modules (DIMM) and single in-line memory modules (SIMM). DIMMs are more popular than SIMMs due to their higher capacity and faster data transfer rates. They are mainly used in desktop computers and servers. SIMMs are mainly used in notebook computers as they consume less power and have smaller form factors than DIMMs. Based on application, the global memory bank market can be segmented into desktop computers, notebook computers, and other applications such as medical devices, industrial control systems, military & aerospace systems etc.). Desktop computers account for a major share of this market owing to their widespread use across all industries. Notebook computer usage is growing rapidly due to their portability and low power consumption characteristics compared with desktops PCs’ . Other applications include medical devices such as MRI machines & CT scanners; industrial control systems such as programmable logic controllers (PLCs) & variable frequency drives (VFDs); military & aerospace systems such as fighter aircrafts & unmanned aerial vehicles (UAVs).
Product Definition:
A memory bank is a term used in computing to refer to the storage area of a computer's memory where data is kept before it is processed. The importance of a memory bank lies in its ability to store data that can be accessed quickly and easily by the processor.
Dual In-Line Memory Modules (DIMM):
DIMM is a type of memory module used in computers and other electronic devices. It is an internal module that holds the data and programs for the computer’s operation. The DIMM comes with two lines of input/output, one for data transfer (input) and another to provide power to the modules (output). The size of a DIMM can be varied as per its usage; it can be either small or large based on requirements.
Single In-Line Memory Modules (SIMM):
Single in-line memory modules (SIMM) are a type of computer memory which can be used to extend the computer RAM. It was developed by IBM and is now commonly used in personal computers, workstations, servers and some video games consoles. SIMMs come in different configurations such as 8-bit, 16-bit or 32-bit with various data widths ranging from 4 bit to 64 bit.
Application Insights:
The desktop computer application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to increasing demand for high-performance desktops from commercial institutions, enterprise applications, and consumers. The memory bank provides a cost-effective solution by eliminating the need for upgrading or purchasing a new system every few years.
The other application segment includes personal computers, workstations, mainframes, and supercomputers among others. Personal computers are one of the most popular devices used across households owing to their ability to access information globally through web browsers as well as surf social media platforms with ease due to integrated features such as Flash Player and Microsoft Silverlight Player that offer enhanced graphics performance over traditional Basic Integrated Arrays (BIA). SIMMs also provide improved random access memory performance compared with conventional BIA chips which results in increased overall system efficiency when installed in personal computers.
Regional Analysis:
The market in Asia Pacific and Middle East & Africa is expected to grow at a significant rate over the forecast period owing to the increasing demand for computer memory modules from end-users such as data centers, telecom companies, and enterprises. The growing use of computers by individuals for communication purposes and entertainment along with the rising need for high performance computing are some of the factors driving regional growth.
The presence of key industry players such as Micron Technology Inc., Samsung Electronics Co., Ltd., Hynix Semiconductor Inc., Elpida Memory Inc.; along with a large number of manufacturers has led to an increase in production capacity across these regions. This has resulted in increased product availability thereby fueling demand over the forecast period.
Asia Pacific was estimated as having more than 50% share followed by Europe due to technological advancements coupled with increased adoption rates among users regarding benefits offered by memory banks such as enhanced performance, better gaming experience, faster booting time etcetera.
Growth Factors:
- Increasing demand for digital storage: The global data storage market is expected to grow from .6 billion in 2016 to .9 billion by 2021, at a CAGR of 23.3%. This growth can be attributed to the increasing demand for digital storage due to the proliferation of connected devices and big data analytics.
- Growing demand for cloud-based services: The cloud-based services market is expected to grow from 6.8 billion in 2016 to 3.4 billion by 2021, at a CAGR of 15%. This growth can be attributed to the growing demand for cloud-based services due to their scalability, flexibility, and cost-effectiveness.
Scope Of The Report
Report Attributes
Report Details
Report Title
Memory Bank Market Research Report
By Type
Dual In-Line Memory Modules (DIMM), Single In-Line Memory Modules (SIMM)
By Application
Desktop Computer, Notebook Computer, Other
By Companies
Kingston, ADATA, Corsair, Samsung, Apacer, G.skill
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Memory Bank Market Report Segments:
The global Memory Bank market is segmented on the basis of:
Types
Dual In-Line Memory Modules (DIMM), Single In-Line Memory Modules (SIMM)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Desktop Computer, Notebook Computer, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kingston
- ADATA
- Corsair
- Samsung
- Apacer
- G.skill
Highlights of The Memory Bank Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual In-Line Memory Modules (DIMM)
- Single In-Line Memory Modules (SIMM)
- By Application:
- Desktop Computer
- Notebook Computer
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Memory Bank Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Memory bank is a term used in the computer industry to describe a storage area on a hard drive or other electronic device where programs and data can be stored.
Some of the major companies in the memory bank market are Kingston, ADATA, Corsair, Samsung, Apacer, G.skill.
The memory bank market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Memory Bank Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Memory Bank Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Memory Bank Market - Supply Chain
4.5. Global Memory Bank Market Forecast
4.5.1. Memory Bank Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Memory Bank Market Size (000 Units) and Y-o-Y Growth
4.5.3. Memory Bank Market Absolute $ Opportunity
5. Global Memory Bank Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Memory Bank Market Size and Volume Forecast by Type
5.3.1. Dual In-Line Memory Modules (DIMM)
5.3.2. Single In-Line Memory Modules (SIMM)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Memory Bank Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Memory Bank Market Size and Volume Forecast by Application
6.3.1. Desktop Computer
6.3.2. Notebook Computer
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Memory Bank Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Memory Bank Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Memory Bank Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Memory Bank Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Memory Bank Demand Share Forecast, 2019-2026
9. North America Memory Bank Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Memory Bank Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Memory Bank Market Size and Volume Forecast by Application
9.4.1. Desktop Computer
9.4.2. Notebook Computer
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Memory Bank Market Size and Volume Forecast by Type
9.7.1. Dual In-Line Memory Modules (DIMM)
9.7.2. Single In-Line Memory Modules (SIMM)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Memory Bank Demand Share Forecast, 2019-2026
10. Latin America Memory Bank Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Memory Bank Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Memory Bank Market Size and Volume Forecast by Application
10.4.1. Desktop Computer
10.4.2. Notebook Computer
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Memory Bank Market Size and Volume Forecast by Type
10.7.1. Dual In-Line Memory Modules (DIMM)
10.7.2. Single In-Line Memory Modules (SIMM)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Memory Bank Demand Share Forecast, 2019-2026
11. Europe Memory Bank Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Memory Bank Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Memory Bank Market Size and Volume Forecast by Application
11.4.1. Desktop Computer
11.4.2. Notebook Computer
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Memory Bank Market Size and Volume Forecast by Type
11.7.1. Dual In-Line Memory Modules (DIMM)
11.7.2. Single In-Line Memory Modules (SIMM)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Memory Bank Demand Share, 2019-2026
12. Asia Pacific Memory Bank Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Memory Bank Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Memory Bank Market Size and Volume Forecast by Application
12.4.1. Desktop Computer
12.4.2. Notebook Computer
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Memory Bank Market Size and Volume Forecast by Type
12.7.1. Dual In-Line Memory Modules (DIMM)
12.7.2. Single In-Line Memory Modules (SIMM)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Memory Bank Demand Share, 2019-2026
13. Middle East & Africa Memory Bank Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Memory Bank Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Memory Bank Market Size and Volume Forecast by Application
13.4.1. Desktop Computer
13.4.2. Notebook Computer
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Memory Bank Market Size and Volume Forecast by Type
13.7.1. Dual In-Line Memory Modules (DIMM)
13.7.2. Single In-Line Memory Modules (SIMM)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Memory Bank Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Memory Bank Market: Market Share Analysis
14.2. Memory Bank Distributors and Customers
14.3. Memory Bank Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kingston
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ADATA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Corsair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Apacer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. G.skill
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook