Japan DRAM Market Size (2024 - 2029)

Japan DRAM Market Analysis

The Japan DRAM Market size is estimated at USD 3.47 billion in 2024, and is expected to reach USD 4.11 billion by 2029, growing at a CAGR of 3.45% during the forecast period (2024-2029).

The Japan dynamic random access memory (DRAM) market was valued at USD 3.35 billion in the current year and is expected to register a CAGR of 3.45%, reaching USD 3.97 billion over the forecast period.

• The growing adoption of smartphones, PCs, and laptops in the country has increased the development of DRAM, which could reduce the boot-up time and enhance the memory space to offer higher performance.
• According to the Japan Smartphone Security Association (JSSEC), the monthly domestic shipment volume of mobile phones in the country was 1.42 million units in July 2022, which was 0.68 million units in May 2022. Further, 5G-enabled smartphones need more memory compared to previous generations. Thus, the increasing implementation of 5G contributes to market growth.
• Consumer products, such as cameras and tablets, sensors and industrial equipment, medical devices, and automotive systems, rely on DRAM flash memory embedded alongside processors to store data and the code they execute. However, data centers use DRAM flash memory for its near real-time response to read/write requests and high data transfer speed. DRAM storage trends are likely to continue to evolve as demand increases for large-scale data processing for artificial intelligence and machine learning applications.
• The advances in technology, increasing population, rise in per capita income, and easy availability of high-speed internet have increased the adoption of smartphones and advanced consumer electronics in the country. Therefore, the growing production of smartphones, tablets, laptops, and others with high processing and enhanced memory capabilities is expected to propel the Japanese dynamic random access memory (DRAM) market.
• Overall, the rising data centers and automotive sectors are expected to create massive demand for the Japanese dynamic random access memory (DRAM) market. The demand from the consumer electronics sector is expected to be constant during the forecast.
• With the increased memory requirements in gaming, automotive, healthcare, telecommunication, and, more importantly, with growth drivers like 5G and artificial intelligence (AI), the companies have been focusing on new and innovative DRAM products. In June 2022, Micron Technology announced its plan to mass-produce advanced DRAM memory chips at its Hiroshima plant. The company would be manufacturing its '1-Beta' Memory Chips in Japan.
• Moreover, in November 2022, Micron announced to start of mass production of its new high-capacity, power 1-beta dynamic random access memory (DRAM) chips at its plant in Hiroshima, Japan. The company has also received USD 320 million from the Japanese government to make advanced chips.

Japan DRAM Industry Segmentation

Dynamic random access memory (DRAM) is a semiconductor memory typically used for programs or data codes that computer processors need to function. DRAM is commonly used in digital electronics where low-cost, high-capacity memory is required. DRAM is one option of semiconductor memory that a system designer can consider when constructing a computer. Other memory alternatives include static RAM (SRAM), electrically erasable programmable read-only memory (EEPROM), NOR flash, and NAND flash. It is common for many systems to incorporate multiple types of memory.

The Japan dynamic random access memory (DRAM) market is segmented by architecture (DDR3, DDR4, DDR5, DDR2, and other architecture) and applications (smartphones/tablets, PC/laptops, data centers, graphics, consumer products, automotive, and other applications).

The market sizes and forecasts are provided in value USD for all the above segments.