Global DRAM Market Research Report 2024

Report ID: 1974189 | Published Date: Sep 2024 | No. of Page: 90 | Base Year: 2023 | Rating: 3.9 | Webstory: Check our Web story
1 DRAM Market Overview
    1.1 Product Overview and Scope of DRAM
    1.2 DRAM Segment by Type
        1.2.1 Global DRAM Market Size Growth Rate Analysis by Type 2022 VS 2028
        1.2.2 DDR3
        1.2.3 DDR4
        1.2.4 Others
    1.3 DRAM Segment by Application
        1.3.1 Global DRAM Consumption Comparison by Application: 2022 VS 2028
        1.3.2 Mobile Device
        1.3.3 Computers
        1.3.4 Server
        1.3.5 Others
    1.4 Global Market Growth Prospects
        1.4.1 Global DRAM Revenue Estimates and Forecasts (2017-2028)
        1.4.2 Global DRAM Production Estimates and Forecasts (2017-2028)
    1.5 Global Market Size by Region
        1.5.1 Global DRAM Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
        1.5.2 North America DRAM Estimates and Forecasts (2017-2028)
        1.5.3 Europe DRAM Estimates and Forecasts (2017-2028)
        1.5.4 China DRAM Estimates and Forecasts (2017-2028)
        1.5.5 Japan DRAM Estimates and Forecasts (2017-2028)
        1.5.6 South Korea DRAM Estimates and Forecasts (2017-2028)
        1.5.7 Taiwan DRAM Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
    2.1 Global DRAM Production Market Share by Manufacturers (2017-2022)
    2.2 Global DRAM Revenue Market Share by Manufacturers (2017-2022)
    2.3 DRAM Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.4 Global DRAM Average Price by Manufacturers (2017-2022)
    2.5 Manufacturers DRAM Production Sites, Area Served, Product Types
    2.6 DRAM Market Competitive Situation and Trends
        2.6.1 DRAM Market Concentration Rate
        2.6.2 Global 5 and 10 Largest DRAM Players Market Share by Revenue
        2.6.3 Mergers & Acquisitions, Expansion
3 Production by Region
    3.1 Global Production of DRAM Market Share by Region (2017-2022)
    3.2 Global DRAM Revenue Market Share by Region (2017-2022)
    3.3 Global DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.4 North America DRAM Production
        3.4.1 North America DRAM Production Growth Rate (2017-2022)
        3.4.2 North America DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.5 Europe DRAM Production
        3.5.1 Europe DRAM Production Growth Rate (2017-2022)
        3.5.2 Europe DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.6 China DRAM Production
        3.6.1 China DRAM Production Growth Rate (2017-2022)
        3.6.2 China DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.7 Japan DRAM Production
        3.7.1 Japan DRAM Production Growth Rate (2017-2022)
        3.7.2 Japan DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.8 South Korea DRAM Production
        3.8.1 South Korea DRAM Production Growth Rate (2017-2022)
        3.8.2 South Korea DRAM Production, Revenue, Price and Gross Margin (2017-2022)
    3.9 Taiwan DRAM Production
        3.9.1 Taiwan DRAM Production Growth Rate (2017-2022)
        3.9.2 Taiwan DRAM Production, Revenue, Price and Gross Margin (2017-2022)
4 Global DRAM Consumption by Region
    4.1 Global DRAM Consumption by Region
        4.1.1 Global DRAM Consumption by Region
        4.1.2 Global DRAM Consumption Market Share by Region
    4.2 North America
        4.2.1 North America DRAM Consumption by Country
        4.2.2 U.S.
        4.2.3 Canada
    4.3 Europe
        4.3.1 Europe DRAM Consumption by Country
        4.3.2 Germany
        4.3.3 France
        4.3.4 U.K.
        4.3.5 Italy
        4.3.6 Russia
    4.4 Asia Pacific
        4.4.1 Asia Pacific DRAM Consumption by Region
        4.4.2 China
        4.4.3 Japan
        4.4.4 South Korea
        4.4.5 China Taiwan
        4.4.6 Southeast Asia
        4.4.7 India
        4.4.8 Australia
    4.5 Latin America
        4.5.1 Latin America DRAM Consumption by Country
        4.5.2 Mexico
        4.5.3 Brazil
5 Segment by Type
    5.1 Global DRAM Production Market Share by Type (2017-2022)
    5.2 Global DRAM Revenue Market Share by Type (2017-2022)
    5.3 Global DRAM Price by Type (2017-2022)
6 Segment by Application
    6.1 Global DRAM Production Market Share by Application (2017-2022)
    6.2 Global DRAM Revenue Market Share by Application (2017-2022)
    6.3 Global DRAM Price by Application (2017-2022)
7 Key Companies Profiled
    7.1 SK Hynix Inc.
        7.1.1 SK Hynix Inc. DRAM Corporation Information
        7.1.2 SK Hynix Inc. DRAM Product Portfolio
        7.1.3 SK Hynix Inc. DRAM Production, Revenue, Price and Gross Margin (2017-2022)
        7.1.4 SK Hynix Inc. Main Business and Markets Served
        7.1.5 SK Hynix Inc. Recent Developments/Updates
    7.2 Micron Technology Inc.
        7.2.1 Micron Technology Inc. DRAM Corporation Information
        7.2.2 Micron Technology Inc. DRAM Product Portfolio
        7.2.3 Micron Technology Inc. DRAM Production, Revenue, Price and Gross Margin (2017-2022)
        7.2.4 Micron Technology Inc. Main Business and Markets Served
        7.2.5 Micron Technology Inc. Recent Developments/Updates
    7.3 Samsung Electronics Co. Ltd.
        7.3.1 Samsung Electronics Co. Ltd. DRAM Corporation Information
        7.3.2 Samsung Electronics Co. Ltd. DRAM Product Portfolio
        7.3.3 Samsung Electronics Co. Ltd. DRAM Production, Revenue, Price and Gross Margin (2017-2022)
        7.3.4 Samsung Electronics Co. Ltd. Main Business and Markets Served
        7.3.5 Samsung Electronics Co. Ltd. Recent Developments/Updates
    7.4 Nanya Technology Corporation
        7.4.1 Nanya Technology Corporation DRAM Corporation Information
        7.4.2 Nanya Technology Corporation DRAM Product Portfolio
        7.4.3 Nanya Technology Corporation DRAM Production, Revenue, Price and Gross Margin (2017-2022)
        7.4.4 Nanya Technology Corporation Main Business and Markets Served
        7.4.5 Nanya Technology Corporation Recent Developments/Updates
    7.5 Winbond Electronics Corporation
        7.5.1 Winbond Electronics Corporation DRAM Corporation Information
        7.5.2 Winbond Electronics Corporation DRAM Product Portfolio
        7.5.3 Winbond Electronics Corporation DRAM Production, Revenue, Price and Gross Margin (2017-2022)
        7.5.4 Winbond Electronics Corporation Main Business and Markets Served
        7.5.5 Winbond Electronics Corporation Recent Developments/Updates
8 DRAM Manufacturing Cost Analysis
    8.1 DRAM Key Raw Materials Analysis
        8.1.1 Key Raw Materials
        8.1.2 Key Suppliers of Raw Materials
    8.2 Proportion of Manufacturing Cost Structure
    8.3 Manufacturing Process Analysis of DRAM
    8.4 DRAM Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
    9.1 Marketing Channel
    9.2 DRAM Distributors List
    9.3 DRAM Customers
10 Market Dynamics
    10.1 DRAM Industry Trends
    10.2 DRAM Market Drivers
    10.3 DRAM Market Challenges
    10.4 DRAM Market Restraints
11 Production and Supply Forecast
    11.1 Global Forecasted Production of DRAM by Region (2023-2028)
    11.2 North America DRAM Production, Revenue Forecast (2023-2028)
    11.3 Europe DRAM Production, Revenue Forecast (2023-2028)
    11.4 China DRAM Production, Revenue Forecast (2023-2028)
    11.5 Japan DRAM Production, Revenue Forecast (2023-2028)
    11.6 South Korea DRAM Production, Revenue Forecast (2023-2028)
    11.7 Taiwan DRAM Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
    12.1 Global Forecasted Demand Analysis of DRAM
    12.2 North America Forecasted Consumption of DRAM by Country
    12.3 Europe Market Forecasted Consumption of DRAM by Country
    12.4 Asia Pacific Market Forecasted Consumption of DRAM by Region
    12.5 Latin America Forecasted Consumption of DRAM by Country
13 Forecast by Type and by Application (2023-2028)
    13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
        13.1.1 Global Forecasted Production of DRAM by Type (2023-2028)
        13.1.2 Global Forecasted Revenue of DRAM by Type (2023-2028)
        13.1.3 Global Forecasted Price of DRAM by Type (2023-2028)
    13.2 Global Forecasted Consumption of DRAM by Application (2023-2028)
        13.2.1 Global Forecasted Production of DRAM by Application (2023-2028)
        13.2.2 Global Forecasted Revenue of DRAM by Application (2023-2028)
        13.2.3 Global Forecasted Price of DRAM by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
    15.1 Methodology/Research Approach
        15.1.1 Research Programs/Design
        15.1.2 Market Size Estimation
        15.1.3 Market Breakdown and Data Triangulation
    15.2 Data Source
        15.2.1 Secondary Sources
        15.2.2 Primary Sources
    15.3 Author List
    15.4 Disclaimer
List of Tables
    Table 1. Global DRAM Market Size by Type (K Units) & (US$ Million) (2022 VS 2028)
    Table 2. Global DRAM Market Size by Application (K Units) & (US$ Million) (2022 VS 2028)
    Table 3. DRAM Market Size Comparison by Region: 2017 VS 2021 VS 2028
    Table 4. Global DRAM Production by Manufacturers (2017-2022) & (K Units)
    Table 5. Global DRAM Production (K Units) by Manufacturers (2017-2022)
    Table 6. Global DRAM Production Market Share by Manufacturers (2017-2022)
    Table 7. Global DRAM Revenue by Manufacturers (2017-2022) & (US$ Million)
    Table 8. Global DRAM Revenue Share by Manufacturers (2017-2022)
    Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in DRAM as of 2021)
    Table 10. Global Market DRAM Average Price (USD/Unit) of Key Manufacturers (2017-2022)
    Table 11. Manufacturers DRAM Production Sites and Area Served
    Table 12. Manufacturers DRAM Product Types
    Table 13. Global DRAM Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Mergers & Acquisitions, Expansion
    Table 15. Global DRAM Production (K Units) by Region (2017-2022)
    Table 16. Global DRAM Revenue (US$ Million) by Region (2017-2022)
    Table 17. Global DRAM Revenue Market Share by Region (2017-2022)
    Table 18. Global DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 19. North America DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 20. Europe DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 21. China DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 22. Japan DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 23. South Korea DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 24. Taiwan DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 25. Global DRAM Consumption Market by Region (2017-2022) & (K Units)
    Table 26. Global DRAM Consumption Market Share by Region (2017-2022)
    Table 27. North America DRAM Consumption by Country (2017-2022) & (K Units)
    Table 28. Europe DRAM Consumption by Country (2017-2022) & (K Units)
    Table 29. Asia Pacific DRAM Consumption by Region (2017-2022) & (K Units)
    Table 30. Latin America DRAM Consumption by Country (2017-2022) & (K Units)
    Table 31. Global DRAM Production (K Units) by Type (2017-2022)
    Table 32. Global DRAM Production Market Share by Type (2017-2022)
    Table 33. Global DRAM Revenue (US$ Million) by Type (2017-2022)
    Table 34. Global DRAM Revenue Share by Type (2017-2022)
    Table 35. Global DRAM Price (USD/Unit) by Type (2017-2022)
    Table 36. Global DRAM Production by Application (2017-2022) & (K Units)
    Table 37. Global DRAM Production Market Share by Application (2017-2022)
    Table 38. Global DRAM Revenue (US$ Million) by Application (2017-2022)
    Table 39. Global DRAM Revenue Share by Application (2017-2022)
    Table 40. Global DRAM Price (USD/Unit) by Application (2017-2022)
    Table 41. SK Hynix Inc. DRAM Corporation Information
    Table 42. SK Hynix Inc. Specification and Application
    Table 43. SK Hynix Inc. DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 44. SK Hynix Inc. Main Business and Markets Served
    Table 45. SK Hynix Inc. Recent Developments/Updates
    Table 46. Micron Technology Inc. DRAM Corporation Information
    Table 47. Micron Technology Inc. Specification and Application
    Table 48. Micron Technology Inc. DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 49. Micron Technology Inc. Main Business and Markets Served
    Table 50. Micron Technology Inc. Recent Developments/Updates
    Table 51. Samsung Electronics Co. Ltd. DRAM Corporation Information
    Table 52. Samsung Electronics Co. Ltd. Specification and Application
    Table 53. Samsung Electronics Co. Ltd. DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 54. Samsung Electronics Co. Ltd. Main Business and Markets Served
    Table 55. Samsung Electronics Co. Ltd. Recent Developments/Updates
    Table 56. Nanya Technology Corporation DRAM Corporation Information
    Table 57. Nanya Technology Corporation Specification and Application
    Table 58. Nanya Technology Corporation DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 59. Nanya Technology Corporation Main Business and Markets Served
    Table 60. Nanya Technology Corporation Recent Developments/Updates
    Table 61. Winbond Electronics Corporation DRAM Corporation Information
    Table 62. Winbond Electronics Corporation Specification and Application
    Table 63. Winbond Electronics Corporation DRAM Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 64. Winbond Electronics Corporation Main Business and Markets Served
    Table 65. Winbond Electronics Corporation Recent Developments/Updates
    Table 66. Production Base and Market Concentration Rate of Raw Material
    Table 67. Key Suppliers of Raw Materials
    Table 68. DRAM Distributors List
    Table 69. DRAM Customers List
    Table 70. DRAM Market Trends
    Table 71. DRAM Market Drivers
    Table 72. DRAM Market Challenges
    Table 73. DRAM Market Restraints
    Table 74. Global DRAM Production (K Units) Forecast by Region (2023-2028)
    Table 75. North America DRAM Consumption Forecast by Country (2023-2028) & (K Units)
    Table 76. Europe DRAM Consumption Forecast by Country (2023-2028) & (K Units)
    Table 77. Asia Pacific DRAM Consumption Forecast by Region (2023-2028) & (K Units)
    Table 78. Latin America DRAM Consumption Forecast by Country (2023-2028) & (K Units)
    Table 79. Global DRAM Production Forecast by Type (2023-2028) & (K Units)
    Table 80. Global DRAM Revenue Forecast by Type (2023-2028) & (US$ Million)
    Table 81. Global DRAM Price Forecast by Type (2023-2028) & (USD/Unit)
    Table 82. Global DRAM Production Forecast by Application (2023-2028) & (K Units)
    Table 83. Global DRAM Revenue Forecast by Application (2023-2028) & (US$ Million)
    Table 84. Global DRAM Price Forecast by Application (2023-2028) & (USD/Unit)
    Table 85. Research Programs/Design for This Report
    Table 86. Key Data Information from Secondary Sources
    Table 87. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of DRAM
    Figure 2. Global DRAM Market Share by Type: 2022 VS 2028
    Figure 3. DDR3 Product Picture
    Figure 4. DDR4 Product Picture
    Figure 5. Others Product Picture
    Figure 6. Global DRAM Market Share by Application: 2022 VS 2028
    Figure 7. Mobile Device
    Figure 8. Computers
    Figure 9. Server
    Figure 10. Others
    Figure 11. Global DRAM Revenue (US$ Million), 2017 VS 2021 VS 2028
    Figure 12. Global DRAM Revenue (US$ Million) (2017-2028)
    Figure 13. Global DRAM Production (K Units) & (2017-2028)
    Figure 14. North America DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 15. Europe DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 16. China DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 17. Japan DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 18. South Korea DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 19. Taiwan DRAM Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 20. DRAM Production Share by Manufacturers in 2021
    Figure 21. Global DRAM Revenue Share by Manufacturers in 2021
    Figure 22. DRAM Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2017 VS 2021
    Figure 23. Global Market DRAM Average Price (USD/Unit) of Key Manufacturers in 2021
    Figure 24. The Global 5 and 10 Largest Players: Market Share by DRAM Revenue in 2021
    Figure 25. Global DRAM Production Market Share by Region (2017-2022)
    Figure 26. North America DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 27. Europe DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 28. China DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 29. Japan DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 30. South Korea DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 31. Taiwan DRAM Production (K Units) Growth Rate (2017-2022)
    Figure 32. Global DRAM Consumption Market Share by Region (2017-2022)
    Figure 33. North America DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 34. North America DRAM Consumption Market Share by Country in 2021
    Figure 35. Canada DRAM Consumption Growth Rate (2017-2022) & (K Units)
    Figure 36. U.S. DRAM Consumption Growth Rate (2017-2022) & (K Units)
    Figure 37. Europe DRAM Consumption Growth Rate (2017-2022) & (K Units)
    Figure 38. Europe DRAM Consumption Market Share by Country in 2021
    Figure 39. Germany DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 40. France DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 41. U.K. DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 42. Italy DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 43. Russia DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 44. Asia Pacific DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 45. Asia Pacific DRAM Consumption Market Share by Regions in 2021
    Figure 46. China DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 47. Japan DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 48. South Korea DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 49. China Taiwan DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 50. Southeast Asia DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 51. India DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 52. Australia DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 53. Latin America DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 54. Latin America DRAM Consumption Market Share by Country in 2021
    Figure 55. Mexico DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 56. Brazil DRAM Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 57. Production Market Share of DRAM by Type (2017-2022)
    Figure 58. Production Market Share of DRAM by Type in 2021
    Figure 59. Revenue Share of DRAM by Type (2017-2022)
    Figure 60. Revenue Market Share of DRAM by Type in 2021
    Figure 61. Production Market Share of DRAM by Application (2017-2022)
    Figure 62. Production Market Share of DRAM by Application in 2021
    Figure 63. Revenue Share of DRAM by Application (2017-2022)
    Figure 64. Revenue Market Share of DRAM by Application in 2021
    Figure 65. Manufacturing Cost Structure of DRAM
    Figure 66. Manufacturing Process Analysis of DRAM
    Figure 67. DRAM Industrial Chain Analysis
    Figure 68. Channels of Distribution
    Figure 69. Distributors Profiles
    Figure 70. Global DRAM Production Market Share Forecast by Region (2023-2028)
    Figure 71. North America DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 72. Europe DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 73. China DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 74. Japan DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 75. South Korea DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 76. Taiwan DRAM Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 77. Global Forecasted Demand Analysis of DRAM (2017-2028) & (K Units)
    Figure 78. Global DRAM Production Market Share Forecast by Type (2023-2028)
    Figure 79. Global DRAM Revenue Market Share Forecast by Type (2023-2028)
    Figure 80. Global DRAM Production Market Share Forecast by Application (2023-2028)
    Figure 81. Global DRAM Revenue Market Share Forecast by Application (2023-2028)
    Figure 82. Bottom-up and Top-down Approaches for This Report
    Figure 83. Data Triangulation
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
SK Hynix Inc.
Micron Technology Inc.
Samsung Electronics Co. Ltd.
Nanya Technology Corporation
Winbond Electronics Corporation
Frequently Asked Questions
DRAM report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
DRAM report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
DRAM report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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