Japan Semiconductor Memory Market Size (2024 - 2029)

Japan Semiconductor Memory Market Analysis

The Japan Semiconductor Memory Market size is estimated at USD 4.30 billion in 2024, and is expected to reach USD 10 billion by 2029, growing at a CAGR of 17.20% during the forecast period (2024-2029).

• Smartphones, tablets, and other consumer electronics are among the largest consumers of semiconductor memory. As these devices become more powerful and feature-rich, they require more memory to function properly. The increasing demand for these devices drives the demand for semiconductor memory in Japan.

• Some of the automotive ADAS manufacturers have already been using memory devices. For Example, Bosch uses the automotive-grade Serial NOR Flash memories from Cypress Semiconductor Corporation, which Infenion now acquires to manufacture its video-based Advanced Driver Assistance Systems (ADAS). The usage is expected to boost the storage of system boot code and algorithms at temperatures up to +125°C.

• As Japan is prone to natural disasters, companies in the region use data centers to secure their business continuity. Japan has not produced a cloud giant, so Chinese and American companies are rushing to sell cloud services to businesses in the world's third-largest economy. The global data center players are building homes for all those cloud servers in Japan's emerging markets. Such factors are expected to significantly boost the country's adoption of semiconductor memory.

• Moreover, researchers from organizations and regional universities are trying to develop high-speed next-generation memory to cater to the increasing applications of AI and IoT devices and their growing amount of data. For instance, in May 2023, Micron Technology announced it would invest up to JPY 500 billion (USD 3.6 billion) in Japan for the next few years, with support from the Japanese government, for next-generation memory chips.

• The pandemic highlighted the importance of having a secure supply of semiconductors. This has led to increased investment in semiconductor manufacturing capacity worldwide, including in Japan. The pandemic also increased the focus on supply chain resilience. Semiconductor manufacturers are now looking to diversify their supply chains and reduce their reliance on a single source of materials or components.

Japan Semiconductor Memory Industry Segmentation

Semiconductor memory helps electronic devices to store data. It is commonly used in digital electronic devices, such as computers, smartphones, and tablets, to store data that needs to be accessed quickly and easily. The Japan Semiconductor Memory Market Is Segmented By Type (DRAM, SRAM, NOR Flash, NAND Flash, ROM & EPROM) and Application (Consumer Products, PC/Laptop, Smartphone/Tablet, Data Center, Automotive). The Report Offers Market Size and Forecast for All The Above Segments In Value (USD).