Memory and storage maker Kingston announced it has been ranked as the world’s leading third-party DRAM module supplier for 2024, according to the latest revenue-based report by TrendForce. The company retained its number one position with an estimated 66% market share, marking its 22nd consecutive year as the top-ranked supplier.
Kingston Continues DRAM Leadership
TrendForce reported that global DRAM module sales increased by 7% year-over-year (YoY) in 2024, following a 28% decline in 2023. Despite overall growth in the sector, Kingston’s revenue expansion slowed during the second half of the year due to weaker consumer demand. The report also noted that the top five memory module manufacturers accounted for 81 percent of global sales, with Kingston maintaining a significant lead as the nearest competitor, ADATA, held just 5% of the market.
During the fourth quarter of 2023, DRAM suppliers shifted focus toward HBM memory and server-grade DDR5 products, tightening supply for other DRAM types. This adjustment led to higher prices and encouraged module makers to increase procurement and rebuild inventories, resulting in total market revenue of approximately USD 13.3 billion in 2024. However, rising module prices later in the year began to limit overall demand growth.
In 2024, Kingston introduced several new products to its FURY Renegade line, including a limited-edition DDR5 RGB module with a racecar-inspired design capable of reaching speeds of up to 8000MT/s. The company also launched the Kingston FURY Renegade DDR5 CUDIMMs, designed for Intel’s latest Arrow Lake CPUs coupled with 800 Series motherboards for a major speed and stability boost over traditional UDIMM modules.
Pokdepinion: Not surprising, given the sheer gap we see here.
