• Desktop DRAM continues to lead with a 65% market share.
• DDR4 DRAM holds 53% of the market share in shipment.
• 8GB capacity DRAM dominates, contributing 66% of the total market.
Gurugram/New Delhi, Dec 27, 2024. According to the latest India DRAM Market Review by CyberMedia Research (CMR) for,the consumer DRAM market experienced a significant 58% QoQ growth in Q3 2024.
According to Mukesh Sharma, Analyst – Industry Intelligence Group at CyberMedia Research (CMR), “The DRAM consumer market is trending slit upward due to improvements in desktop demand and Gaming and laptop segment DRAM contributes 35% of market share. The rise of branded laptops has further reduced demand for assembled PCs, shifting the focus of DRAM consumption towards OEMs and servers. With advancements in AI and gaming technologies, consumers are demanding faster and more reliable memory solutions.”
DRAM Market Highlights – Q3 2024
Crucial maintained its lead with a 23% market share, Corsair followed with 4%, and Kingston held 3% of the DRAM consumer market share Q3 2024.
Looking Ahead:
The DRAM consumer market is poised for a rebound, with projected single-digit YoY growth by the end of 2024. This growth will be primarily driven by upgrades to the latest DRAM versions for laptops and desktops, accelerated by the adoption of DDR5 for higher bandwidth and enhanced performance.
“The demand for DRAM is further bolstered by applications in PCs and gaming consoles, which require greater memory capacity to support multitasking and memory-intensive software. As the virtual economy continues to evolve, innovative storage technologies will play a pivotal role in shaping the future,” added Pankaj Jadli, Analyst- Industry Intelligence Group, CyberMedia Research (CMR).
Notes for Editors
1. Cyber Media Research (CMR) is a pioneering market intelligence and consulting firm that runs a comprehensive quarterly market update on the India Consumer Storage market. CMR’s India Quarterly Consumer DRAM Market Review covers Desktop DRAM and Laptop DRAM sold via distributors and retail outlets. The report accounts for ‘legal’ shipments but does not include bundled or ‘grey’ market shipments or units brought from abroad by individuals as a part of personal baggage.
2. CMR uses the term “shipments” to describe the number of DRAM devices leaving the factory premises to OEM for direct manufactures and sales in channel by distributors and retailers. For the convenience of media, the term ‘shipment’ is sometimes replaced by “sales” in the press release, but this reflects the market size in terms of units of hard drive devices and not their absolute value.
