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Report Overview

The static random access memory (SRAM) market size reached around USD 610.58 Million in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034 to reach nearly USD 861.28 Million by 2034. The swift expansion of data production, propelled by the Internet of Things (IoT), cloud computing, and big data analytics, is intensifying the need for high-performance static random access memory (SRAM) to facilitate quicker data retrieval and processing across a range of applications.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • The market for consumer electronics is anticipated to witness significant growth, with sales anticipated to reach nearly USD 977 billion by 2025. As market demand for advanced electronic devices such as tablets, smartphones, laptops, and smart home appliances constantly increases, the need for high-performance memory solutions will also rise, thereby contributing to the static random access memory market revenue.
  • In the year 2024, the International Telecommunication Union anticipated that nearly 68% of the world's population are utilising the benefits of the internet. This significant growth in the population indicates a rising demand for technological products, thereby leading to the growth of the static random access memory market.
  • In the year 2023, the sales of brand-new battery-electric vehicles witnessed a significant rise of 37%. In electric vehicles, SRAM is used to serve the purpose of high-speed processing and data storage, which is crucial for critical systems such as motor control, battery management, and onboard diagnostics. The rapid access speed of SRAM enhances the safety, performance, and efficiency of the vehicles.

Compound Annual Growth Rate

Value in USD Million

3.5%

2025-2034


Static Random Access Memory (SRAM) Market Outlook

*this image is indicative*

Global Static Random Access Memory (SRAM) Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 610.58
Market Size 2034 USD Million 861.28
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 3.50%
CAGR 2025-2034 - Market by Region Asia Pacific 3.8%
CAGR 2025-2034 - Market by Country India 4.3%
CAGR 2025-2034 - Market by Country Brazil 4.0%
CAGR 2025-2034 - Market by Function Synchronous SRAM 3.9%
CAGR 2025-2034 - Market by Product Type Pseudo SRAM (PSRAM) 4.1%
Market Share by Country 2024 France 3.1%

Global Static Random Access Memory (SRAM) Market Growth

In 2023, global sales of electric cars reached 14 million units, with 95% of these sales coming from China, Europe, and the United States. This figure represents an increase of 3.5 million units compared to 2022, marking a 35% rise year-on-year. The total number of electric cars on the roads reached 40 million, with electric vehicles comprising approximately 18% of all car sales in 2023, a notable increase from 14% in 2022.

Static Random Access Memory (SRAM) is essential in electric vehicles, facilitating real-time data processing for critical systems. It is utilised in vehicle control units for functions such as powertrain management, battery monitoring, and navigation. As per the static random access memory (SRAM) market analysis, the low latency and rapid access times of SRAM enable swift decision-making, thereby improving the vehicle's performance, safety, and responsiveness. Furthermore, it plays a significant role in optimising autonomous driving systems, processing sensor data, and enhancing infotainment systems, all of which contribute to a smooth and efficient driving experience in electric vehicles. Moreover, the low latency and rapid access of SRAM facilitate the swift execution of AI algorithms, especially in edge computing scenarios. This synergy bolsters AI-driven functions in robotics, autonomous systems, and smart devices, thereby enhancing overall efficiency and performance.

Key Trends and Developments

Global Static Random Access Memory (SRAM) Market Trends

The market is witnessing substantial growth, primarily fuelled by the rising demand for high-performance memory solutions in various sectors, including consumer electronics, automotive systems, and data centers. Innovations in gaming, mobile technology, and artificial intelligence are increasing the need for faster and more efficient SRAM. Moreover, as 5G networks, edge computing, and Internet of Things (IoT) applications evolve, the requirement for low latency and quick data processing in SRAM is on the rise. Furthermore, the transition to autonomous and electric vehicles is significantly enhancing the demand for SRAM in automotive systems, thereby leading to the development of the market.

Global Static Random Access Memory (SRAM) Industry Segmentation

The EMR’s report titled “Global Static Random Access Memory (SRAM) Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Function

  • Asynchronous SRAM
  • Synchronous SRAM

Breakup by Product Type

  • Pseudo SRAM (PSRAM)
  • Non-Volatile SRAM (nvSRAM)
  • Others

Breakup by End-User

  • Consumer Electronics
  • Industrial
  • Communication Sector
  • Others

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2025-2034 - Market by Country
India 4.3%
Brazil 4.0%
China 3.8%
Canada 3.4%
France 3.1%
USA XX%
UK XX%
Germany XX%
Italy 2.9%
Japan XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%

Global Static Random Access Memory (SRAM) Market Share

Based on the function, the market is segmented into synchronous SRAM and asynchronous SRAM. The synchronous SRAM segment is projected to grow at a CAGR of 3.9% during the forecast period of 2025-2034. Synchronous SRAMs are memory components that function in coordination with an external clock signal. They perform read and write operations at specific intervals dictated by the clock's state.

In contrast, asynchronous SRAMs do not rely on a clock signal and begin read or write operations immediately upon receiving the appropriate command. Unlike asynchronous SRAMs, synchronous SRAMs feature internal registers that capture input data at each clock edge, whether it is rising or falling.

Leading Companies in the Global Static Random Access Memory (SRAM) Market

Market players are focusing on the adoption of technological advancements to gain a competitive edge in the static random access memory (SRAM) market outlook. Innovations like advanced manufacturing methods and optimised designs contribute to enhanced efficiency, performance, and reliability, meeting the demands of electric vehicles and other high-performance sectors.

Renesas Electronics Corp.

Renesas Electronics was established in 2002 and is headquartered in Tokyo, Japan. The company is a renowned semiconductor firm that focuses on automotive applications, microcontrollers, industrial solutions, and the Internet of Things (IoT). The company is recognised for its pioneering work in embedded systems and the automotive sector, supplying a wide array of devices on an international scale.

Toshiba Corp.

Toshiba, a multinational company was founded in 1939 and is headquartered in Tokyo, Japan. It operates across different sectors, including energy, electronics, and information technology solutions. The company plays a key role in nuclear energy, memory technology, and storage solutions, thereby maintaining a strong presence in international markets.

STMicroelectronics

Founded in 1987 and based in Geneva, Switzerland, STMicroelectronics is a worldwide semiconductor enterprise. It specialises in the design and production of a wide array of products for automotive, industrial, consumer electronics, and communication sectors. STMicroelectronics is esteemed for its advancements in power management, sensors, and microelectronics technology.

Samsung Electronics Co. Ltd.

Established in 1969 and headquartered in Seoul, South Korea, Samsung Electronics stands as a global frontrunner in consumer electronics, semiconductors, and telecommunications. The company is particularly renowned for its smartphones, memory chips, display technologies, and home appliances, significantly contributing to technological progress around the world.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the static random access memory (SRAM) market are GSI Technology, Inc., Infineon Technologies AG, and Intel Corp., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 610.58 Million.

The market is assessed to grow at a CAGR of 3.50% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 861.28 Million by 2034.

The major drivers of the market are escalating demand for data, progress in consumer electronics, and expansion in the automotive sector.

As per the EMR report, the different end users are consumer electronics, industrial, and communication sector, among others.

The major regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major players in the market are Renesas Electronics Corp., Toshiba Corp., STMicroelectronics, Samsung Electronics Co. Ltd., GSI Technology, Inc., Infineon Technologies AG, and Intel Corp., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Function
  • Product Type
  • End-User
  • Region
Breakup by Function
  • Asynchronous SRAM
  • Synchronous SRAM
Breakup by Product Type
  • Pseudo SRAM (PSRAM)
  • Non-Volatile SRAM (nvSRAM)
  • Others
Breakup by End-User
  • Consumer Electronics
  • Industrial
  • Communication Sector
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Renesas Electronics Corp.
  • Toshiba Corp.
  • STMicroelectronics
  • Samsung Electronics Co. Ltd.
  • GSI Technology, Inc.
  • Infineon Technologies AG
  • Intel Corp.
  • Others

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