After an abrupt decline in 2019 followed by two positive years in 2020 and 2021, the DRAM market rapidly entered a new downward phase in the second half of 2022, according to France-based Yole Intelligence, part of Yole Group.
According to Yole, multiple factors, including geopolitical tensions and global inflation have weakened DRAM-bit demand, accelerating the shift into oversupply. As a significant segment of the DRAM market, DRAM modules are not spared from such macro trends.
"For 2022, we estimate a -36% YoY decline in the PC-module market, which decreased from ~US$10.3 billion in 2021 to ~US$6.6 billion in 2022," according to Diego Alfaro, an analyst from the Semiconductor & Software division at Yole Intelligence.
"For server modules, the market dynamics are better. We estimate a moderate YoY revenue growth of 0.4% to ~US$33.1 billion in 2022. The total DRAM-module market will increase from ~US$42 billion in 2022 to ~US$96.3 billion in 2028, with a CAGR22-28 of ~16%. This increase is mainly due to the impressive growth of server modules," said Alfaro.
