Memory integrated circuits are ICs that are intended for memory functions. They are made of a single or a combination of MOS technologies.
The Memory Integrated Circuits market comprises revenue and revenue change as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G).
Key players in this market include Samsung, SK Hynix, Micron, Toshiba, etc.,
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
The Memory Integrated Circuits market has been the most cyclical of all the markets and has a significant influence on the total semiconductor market. It is comparatively more affected by the four-year periodic economic swings of the market driven by fluctuations in supply and demand, also known as the silicon cycle.
The market is also more prone to pricing issues and is currently dominated by three major players, Samsung, SK Hynix, and Micron, who together contribute a major revenue share in this market. The market is expected to grow in the coming years, mainly driven by increasing demand for various cloud, consumer electronics, IoT, autonomous vehicles, and data center applications. The market is expected to see a dip in growth by more than 10 % in 2022 compared to the previous year and continue to be cyclical in growth for the following years.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).Modeling approach / Market size:
Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.