logo

Static Random Access Memory (SRAM) Market Size (2024 - 2029)

The SRAM market size is influenced by the growing demand for electronic components across various sectors, including consumer electronics, industrial applications, automotive, aerospace, and life sciences. This demand is driven by technological advancements and improved infrastructure, which have increased the need for components like SRAM that are essential for system functionality. SRAM's role as cache memory, particularly in its application between DRAMs and CPUs, underscores its importance, despite most manufacturers currently limiting their focus to Level 3 cache. The ongoing necessity for SRAM is supported by the continued effectiveness of Fin Field Effect Transistors in smaller chip sizes, prompting vendors to invest in enhancing density efficiency and reducing power consumption.

Home Market Analysis Technology, Media and Telecom Research Semiconductors Research IC Research Memory IC Research RAM Research SRAM Research Static Random Access Memory Industry Market Size

Market Size of Static Random Access Memory (SRAM) Industry

static random access memory market size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 1.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

static random access memory market major players

*Disclaimer: Major Players sorted in no particular order

Static Random Access Memory Market Analysis

The static random access memory market has registered a CAGR of -1.96% over the forecast period 2021 - 2026.

  • The demand for electronics components in the consumer electronics segment and microcontrollers, embedded systems, programmable devices and application-specific ICs in the industrial and scientific sector, automotive industry, aerospace industry, and life sciences industry has experienced a continued overall escalation.
  • The growth of this industry, coupled with technological advancements and improved infrastructure has directly impacted the demand for multiple components that are used as the building blocks of such systems. SRAM has been one similar segment impacted by the growth in the electronics industry.
  • In the first role, the SRAM serves as cache memory, interfacing between DRAMs and the CPU. Currently, a majority of the SRAM manufacturers have stopped at Level 3 cache. AMD filed for a patent for using (High Bandwidth Memory) HBM as an L4 cache. The idea of use is still debated by the industry experts as L4 cache on a chip has not been presented yet.
  • According to industry experts, SRAM has continued to remain a necessity in the market. The qualities in the Fin Field Effect Transistors (FinFET) have remained good even for 10 nm and below chips. Vendors are investing significantly by improving the density efficiency and offer a device with reduced power consumption.

Static Random Access Memory Industry Segmentation

SRAM (static RAM) is random access memory (RAM) that retains data bits in its memory as long as power is being supplied. Unlike dynamic RAM (DRAM), which stores bits in cells consisting of a capacitor and a transistor, SRAM does not have to be periodically refreshed. Static RAM provides faster access to data and is more expensive than DRAM.

Function
Asynchronous SRAM
Synchronous SRAM
Product Type
Pseudo SRAM (PSRAM)
Non Volatile SRAM (nvSRAM)
Other Product Types
End User
Consumer Electronics
Industrial
Communication Sector
Other End Users
Geography
North America
Europe
Asia Pacific
Latin America
Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Static Random Access Memory (SRAM) Market Size Summary

The SRAM market is experiencing a dynamic phase driven by the escalating demand for electronic components across various sectors, including consumer electronics, industrial, automotive, aerospace, and life sciences. This demand is fueled by technological advancements and enhanced infrastructure, which have increased the need for efficient memory solutions like SRAM. As a critical component, SRAM serves as cache memory, interfacing between DRAMs and CPUs, and its necessity in the market remains strong despite the industry's shift towards more advanced memory solutions. The growing application of SRAM in cellular devices, particularly smartphones, is expected to significantly impact the market, offering opportunities for manufacturers to replace flash memory with SRAM. The integration of advanced technologies such as IoT, AI, and big data analytics further enhances SRAM's capability to meet the rising requirements for high-speed performance and memory density in consumer electronics.

The Asia-Pacific region is poised to dominate the SRAM market, driven by the increasing demand from countries like China, Japan, and South Korea, where key industry players are located. The region's growth is attributed to the rising popularity of smartphones and the demand for innovative memory technologies, which create numerous opportunities for SRAM. Embedded SRAM continues to be the preferred choice for high-speed applications, from mobile devices to high-performance servers. The market is highly competitive, with major players focusing on innovation and market penetration to gain a sustainable competitive advantage. Companies like Cypress Semiconductor and Renesas Electronics are actively investing in developing more efficient SRAM technologies, while joint ventures, such as the one between Cypress Semiconductor and SK Hynix, aim to enhance operational capabilities in the SRAM market.

Explore More

Static Random Access Memory (SRAM) Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Emerging High-performance Network Applications

      2. 1.3.2 Increasing Demand for Faster Cache Memories

    4. 1.4 Market Restraints

      1. 1.4.1 Comparatively High Costs and Power Consumption in Specific Use Cases

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Assessment of Impact of Covid-19 on the Industry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Function

      1. 2.1.1 Asynchronous SRAM

      2. 2.1.2 Synchronous SRAM

    2. 2.2 Product Type

      1. 2.2.1 Pseudo SRAM (PSRAM)

      2. 2.2.2 Non Volatile SRAM (nvSRAM)

      3. 2.2.3 Other Product Types

    3. 2.3 End User

      1. 2.3.1 Consumer Electronics

      2. 2.3.2 Industrial

      3. 2.3.3 Communication Sector

      4. 2.3.4 Other End Users

    4. 2.4 Geography

      1. 2.4.1 North America

      2. 2.4.2 Europe

      3. 2.4.3 Asia Pacific

      4. 2.4.4 Latin America

      5. 2.4.5 Middle-East and Africa

Static Random Access Memory (SRAM) Market Size FAQs

The Static Random Access Memory (SRAM) Market is projected to register a CAGR of 1% during the forecast period (2024-2029)

Renesas Electronics Corporation, STMicroelectronics N.V., Toshiba Corporation, Cypress Semiconductor and Integrated Silicon Solution, Inc. (ISSI) are the major companies operating in the Static Random Access Memory (SRAM) Market.

Static Random Access Memory Market Report Snapshots

SRAM Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)