Press release
Global Next Generation Memory market was 490 million US$ in 2018 and will reach 2530 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 22.6% Between 2019-2025 By Valuates Reports
The Next Generation Memory market was valued at 490 Million US$ in 2018 and is projected to reach 2530 Million US$ by 2025, at a CAGR of 22.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Next Generation Memory.The Next Generation Memory is cost effective and provides faster memory solutions whereas older memory technologies have limitations because of their outdated architecture and higher power consumption.
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Key Trends :
The top five industry leaders are Intel, Micron Technology, Panasonic, Cypress Semiconductor and Fujitsu, accounting for 48.48% of the whole market in 2017.
The major drivers for the growth of the NGM market are big data demand for universal memory devices; increasing demand for enterprise storage application; and need for high bandwidth, low power consumption, and highly scalable memory device for technologies such as artificial intelligence (AI), Internet of Things (IoT), and Big Data.
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Next Generation Memory Breakdown Data by Type
PCM
ReRAM
MRAM
FeRAM
Next Generation Memory Breakdown Data by Application
Consumer Electronics
Enterprise Storage
Automotive and Transportation
Military and Aerospace
Telecommunications
Others
FEATURED COMPANIES
Intel
Micron Technology
Panasonic
Cypress Semiconductor
Fujitsu Limited
EverSpin
ROHM Semiconductor
Adesto Technologies
Crossbar
Intel
Next Generation Memory Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
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