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January 3, 2014 (Newswire.com) - Analysts forecast the Global Mobile DRAM market to grow at a CAGR of 10.4 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of mobile DRAMs in smartphones. Smartphones are major application areas for mobile DRAMs. The use of DRAM content in smartphones is increasing with the development of smartphones with high memory capacities. The Global Mobile DRAM market has also been witnessing the increasing number of mergers and acquisitions. However, the declining ASP of mobile DRAMs could pose a challenge to the growth of this market.
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The report states that one of the major challenges in this market is the declining ASP of mobile DRAMs. The declining ASP of mobile DRAMs has had an adverse effect on the profitability of the market vendors, thereby stunting the growth of this market.
The Global Mobile DRAM Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas; it also covers the Global Mobile DRAM market landscape and its growth prospects in the coming years.
The report recognizes the following companies as the key players in the Global Mobile DRAM Market: Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Winbond Electronics Corp.
Other vendors mentioned in the report are Apple Inc., LG Electronics Inc., Nanya Technology Corp., and Sony Corp.
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