FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Kingston Technology Company, Inc., 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. Kingston retains its number 1 position with an estimated 78.12% market share on $13.5B (USD) revenue. TrendForce states DRAM module sales in 2022 saw a 4.6% YoY decline across the industry. Kingston’s revenue showed a slight decrease but held its position as the global leader for the 20th consecutive year.
According to the report, the world’s top five memory module houses accounted for 90% of total sales in 2022 with Kingston maintaining its dominant market share of 78.12%. Consumer buying trends for electronic products took a hit from high inflation but Kingston’s robust brand scale along with its comprehensive product supply chain limited its decline, keeping it firmly at the top of market share rankings.
In 2022, its award-winning line of Kingston FURY Beast DDR5 and Renegade DDR5 memory modules received a makeover with the introduction of white heat spreaders to empower users to choose the color that best fits their individual style. In an era where most systems are meticulously designed, Kingston offers modules to complement both traditional all-black systems and now the ever-growing all-white PC.
“The 2022 findings from TrendForce reflect the company’s ongoing expansion and adaptability in the face of yet another demanding business year,” said Kristy Ernt, DRAM business manager, Kingston. “This milestone not only reaffirms Kingston’s dominant presence in the market but also underscores the company’s resilience and significance within the industry, as we now proudly maintain our top position for the 20th consecutive year.”
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About Kingston Technology Company, Inc.
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.
Editor’s Note: For additional information, evaluation units or executive interviews, please contact PR Team, Kingston Technology Company, Inc. 17600 Newhope Street, Fountain Valley, CA USA 92708, 714-435-2600 (Voice). Press images can be found in Kingston’s press room kingston.com/company/press/
Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. IronKey is a registered trademark of Kingston Digital, Inc. Kingston FURY and the Kingston FURY logo are trademarks of Kingston Technology Corporation. All rights reserved. All trademarks are the property of their respective owners.
