Vishal Gupta14 Apr, 2025Technology
The global memory chip market size reached USD 240.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 791.8 Billion by 2033, exhibiting a growth rate (CAGR) of 13.44% during 2025-2033. The market is experiencing strong growth driven by the surging demand in consumer electronics, the rapid growth of data-driven technologies, and advancements in artificial intelligence, driving the need for increased memory capacity and faster data processing.
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