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. Kingston retains its number 1 position with an estimated 78.12% market share on $13.5 billion (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.