Memory Chip Market to Experience Exponential Growth by 2023
Memory Chip Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global memory chip market was valued at $76,767 million in 2016, and is projected to reach at $247,910 million by 2023, growing at a CAGR of 12.4% from 2017 to 2023.
Presently, North America dominates this market. In 2016, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall market in the European region. Presently, the U.S. is dominating the North American market.
Download Sample Report@www.alliedmarketresearch.com/request-sample/4537
The rise in smartphone penetration has driven the demand for memory chips. Furthermore, high-density storage capability, quick read & write cycle, and availability of different shapes & sizes of memory chips fuel their adoption in the digital domain. However, easy corruption of memory chip hampers the growth of the market.
In 2016, the nonvolatile segment dominated the global memory chips market, in terms of revenue. However, based on application, laptop/PCs dominated the global market, followed by smartphone in 2016.
Top Impacting Factors
Factors that are expected to impact the global memory chip market during the forecast period are
• Development of the smartphone market
• Increase in adoption of smart devices
• Easy corruption of memory chip
• The surge in demand for memory solutions in electronic devices
Inquire for purchase email@example.com/purchase-enquiry/4537
Key Findings of the Memory Chip Market:
• Laptop/PCs generated the highest revenue in 2016.
• In 2016, the nonvolatile memory chips segment accounted for the highest revenue in the memory chip market.
• Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
The key players profiled in the report include Samsung Group, Sony Corporation, Toshiba, ADATA Technology, SK Hynix, Micron Technology, Intel, Kingston Technology, Transcend Information, and Fujitsu Microelectronics Inc.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Memory Chip Market to Experience Exponential Growth by 2023 here
News-ID: 1773464 • Views: 166
More Releases from Allied Market Research
Needle-free Injection Systems Market Growing Popularity and Emerging Trends in t …
According to a new report published by Allied Market Research, titled, "Needle-free Injection Systems Market: Global Opportunity Analysis and Industry Forecast, 2017-2023," the Global Needle-free Injection Systems Market was valued at $8,166 million in 2016, and is projected to reach $23,116 million by 2023, growing at a CAGR of 16.0% from 2017 to 2023. The liquid-based needle free injection systems segment held more than two-thirds share of the total market
Electrocardiograph (ECG) Market: Technological Advancements and Move Towards Dig …
According to a new report published by Allied Market Research, titled, Electrocardiograph (ECG) Market by Product, Lead Type and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global electrocardiograph market was valued at $4,516 million in 2016, and is projected to reach $6,637 million by 2023, growing at a CAGR of 5.6% from 2017 to 2023. The 3-6 lead type ECG accounted for four-ninths share of the global
In Vitro Diagnostics (IVD) Market is Expected Reach from $93,614 Million, By Lea …
In Vitro Diagnostics (IVD) Market was valued at $64,479 million in 2017, and is projected to reach $93,614 million by 2025, growing at a CAGR of 4.8% from 2018 to 2025. North America is anticipated to be the highest revenue contributor throughout the forecast period. In vitro diagnostics (IVD) field has evolved with technological advancements in the diagnostic techniques and awareness about healthcare in the emerging market. IVD has a wide
Gynecological Cancer Drugs Market to Exhibit Significant Opportunity Assessment …
According to a new report published by Allied Market Research, titled, Gynecological Cancer Drugs Market by Therapeutic Modality and Indication: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global gynecological drugs market was valued at $9,269 million in 2016, and is expected to reach $16,107 million by 2023, growing at a CAGR of 8.1% from 2017 to 2023. Cancer progresses when normal body cells transform into abnormal cells and continue to
More Releases for Memory
Global Polymer Memory Market Insights, Forecast
This report presents the worldwide Polymer Memory market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=60511 Table of Contents: Table of Contents 1 Study Coverage
Next Generation Memory Technologies Market - MRAM Memory, Enterprise Storage and …
Next generation memory technologies include emerging memory solutions that have been introduced in the market in the recent past or are expected to be launched during the period 2013 to 2019. These memories compete with older memories such as flash, DRAM and SRAM on the basis of speed, scalability and cost. The total global market for next generation memory technologies stood at USD 207.8 million in 2012 and is estimated
Hybrid Memory Cube (HMC) and High-Bandwidth Memory (HBM) Market
This market report characterizes the market patterns and gauge the up and coming openings and dangers of the hybrid memory cube (HMC) and high-bandwidth memory (HBM market in the following 8 years. High-bandwidth memory (HBM) market and hybrid memory cube (HMC) are a high-execution smash interface masterminded in DRAM memory. HMC is a radical development, which sets another benchmark for control utilization, memory execution, and cost intended for TSV based
Non-volatile Memory Market Unequalled over 2025
Global Non-volatile Memory Market: Overview Non-Volatile memory or NVM is a different kind of computer memory that has been programmed to recover stored data and information even after being switched off and back on. A few examples of non-volatile memory are punched cards, paper tape, optical discs, magnetic tape, floppy discs, hard disk drives, ferroelectric RAM,
Next Generation Memory Market - Advancement in Memory technologies and the deman …
Large number of next generation memory technologies are under development which promise to meet the growing demand of consumer electronics and enterprise storage systems and applications. Smart phone and other consumer electronics OEMs in particular are looking for the next big competitive advantage, and all signs point to new memory technologies as the most powerful choice. The traditional memories, DRAM and NAND, are falling off Moore's law and therefore research
Compass Memory Support at Hopkinton
Senior Living Residences’ Compass Memory Support is a comprehensive research-based program focused on treating early memory loss and the symptoms of dementia, and providing as many on-site clinical services as possible so that residents can “age in place” with comfort. Compass at Hopkinton is unique among Alzheimer’s care assisted living communities with its spectrum of enhanced on-site services. Compass families and residents are relieved of the all too frequent burden