Kingston retains top spot in global DRAM module market with 62% share

Kingston is still sitting comfortably at the top of the global third-party DRAM module market, according to the latest revenue rankings from analyst firm TrendForce.

The company retained its number one position in 2025 with an estimated 62% market share, putting it well ahead of the rest of the third-party module market. Kingston’s revenue grew 48% year over year during the period, while the overall DRAM module market jumped 59% to approximately US$21.2 billion, and all of this comes from 2024’s 7% growth.

A big part of that growth came down to what happened to DRAM prices and demand throughout the year. Module shipments strengthened in the second half of 2025, while rising DRAM prices pushed overall market revenue higher. At the same time, the memory market was being pulled in a new direction by AI and data centers.

Early in 2025, DRAM module manufacturers built up DDR4 inventory amid concerns around tariffs and planned end-of-life moves for DDR4 products. Later, demand from cloud service providers supporting agentic AI workloads started consuming considerably more server DRAM. That put pressure on the amount of memory available for PCs and consumer products, contributing to higher prices and stronger module-market revenue.

TrendForce noted that enterprise, data center and industrial applications became increasingly important for DRAM module manufacturers during the year, alongside the industry’s continued shift toward DDR5. The trend also lines up with Kingston’s growing focus on its B2B business, where enterprise, data center and industrial customers are looking for consistent supply, validated products and longer-term support.

Kingston says its procurement scale also helped it manage inventory through the market’s swings. As DRAM pricing strengthened in the second half of the year, the company was able to support channel demand and maintain its strong position. B2B was also a key growth driver in 2025, with enterprise, data center and industrial customers increasingly relying on Kingston for supply continuity and long-term support.

Its portfolio now covers memory solutions ranging from DDR4 to DDR5, with products aimed at everything from client PCs and gaming systems to servers, data centers and AI infrastructure. Kingston also supplies memory for industrial, embedded, surveillance and automation applications.