The global static RAM market is expected to grow with the advent of next-generation networks. Increased need for high-performance network applications is expected to drive the market over the forecast period. Other key drivers include a growing market for cellular RAM, increasing demand for faster cache memory, and need for efficient power and performance tuning. Lack of strong static random access memory (SRAM) products and the cyclic nature of the semiconductor industry may hinder the market growth. Addressing the complexity of data such as audio, video, and data application needs more memory capacity which can be satiated by double data rate and quad data rate families of SRAM as they meet the high-speed requirements.
The prominent stages in the static RAM value chain include design phase, IP vendor selection, design tool vendor selection, design services, manufacturing equipment vendor selection, raw material vendor selection, manufacturing phase, assembly test & packaging test, distribution phase, and consumption phase.
The static random access memory (SRAM) market can be segmented on the basis of products and applications. Based on products, the market can be categorized into Quad data rate (QDR), double data rate (DDR), asynchronous SRAM, PSRAM, and VSRAM. Key Static RAM consumer application areas include computers/IT, communication, automotive, consumer electronics, modern appliances, electronic toys, synthesizers, mobile phones, and cameras, Industrial applications include analog to digital converter, high-speed registers, scientific and industrial subsystems, caches, and small memory banks.
North American, European and Japanese markets are key regional markets due to advancements in the static RAM fabrication process. Increasing consumer electronics manufacturing in China and several Western European countries is expected to trigger growth in these regions. Prominent vendors in static RAM market include Samsung Semiconductors, Cypress Semiconductors, Micron Technology, Integrated Silicon Solutions, GSI Technology, and Integrated Device Technology.
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The exponential spread of COVID-19 worldwide has had an adverse impact on the semiconductor industry with manufacturing facilities temporarily shut, leading to a significant slowdown in the production. The outbreak could result in disruption across the ecosystem with several supply chain participants shifting their production facilities outside China, thereby reducing their over-reliance on China. Lockdowns imposed by the governments in the wake of the Covid-19 outbreak has not only affected manufacturing but also hauled consumer demand for semiconductor devices. Our analysts predict a decline in semiconductor revenue by over 1% in 2020 as compared to that in 2019. The report will account for Covid19 as a key market contributor.