- Rankings by Revenue Places Kingston No. 1 with 78.7% Market Share
- Recognized World Leader for 19 Consecutive Years
Singapore – September 7, 2022 – Kingston Technology, a world leader in memory products and technology solutions, today announced it has been ranked top third-party DRAM module supplier in the world, according to the latest rankings by revenue from analyst firm TrendForce (formerly DRAMeXchange). Kingston retains its number 1 position with an estimated 78.7% market share on $14..2B (USD) revenue. TrendForce states that Kingston increased revenue by 8% YoY marking the 19th consecutive year that Kingston has held the top spot.
According to the report, the world’s top five memory module houses accounted for 90% of total sales in 2021 with Kingston holding nearly 80% of that market. As one of the leading buyers of DRAM chips in the world, Kingston provides a highly customized production model which has led to continuous growth in shipment scale and drove increased revenue by 8%. TrendForce states that pandemic-induced lifestyle changes and the demand for distance learning grew in the past two years, driving the growth of DRAM module shipments. Kingston took the approach to be prepared for those segments. Kingston’s success is largely contributed to their working attitude of ‘Kingston Is With You’ which solidifies the dominant force the company holds among consumers and organizations alike looking to upgrade new and existing systems.
As the industry transitions from current DDR4 memory modules to DDR5, Kingston enhanced its production infrastructure to readily support forthcoming platforms. As the industry leader, Kingston began shipping DDR5 modules last year and became the first third-party supplier to receive Intel Platform Validation on its DDR5 UDIMMS. This marked the first and arguably the most important milestone validating compatibility between Kingston DDR5 memory solutions and Intel platforms utilizing DDR5.
“The 2021 findings from TrendForce reflect the company’s continued growth and flexibility to tackle another challenging business year,” said Kingston. “As we celebrate our 35 year anniversary, it reinforces our company’s strength, position and importance in the industry as we maintain the top spot for the 19th consecutive year. Kingston Is With You and we stand ready to support high volume demands.”
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About Kingston Technology
From big data, to laptops and PCs, to IoT-based devices like smart and wearable technology, to design-in and contract manufacturing, Kingston helps deliver the solutions used to live, work and play. The world’s largest PC makers and cloud-hosting companies depend on Kingston for their manufacturing needs, and our passion fuels the technology the world uses every day. We strive beyond our products to see the bigger picture, to meet the needs of our customers and offer solutions that make a difference. To learn more about how Kingston Is With You, visit Kingston.com.