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 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cost effective and provides faster memory solutions whereas older memory technologies have limitations because of their outdated architecture and higher power consumption.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
Next Generation Memory Breakdown Data by Application
Automotive and Transportation
Military and Aerospace
Next Generation Memory Production by Region
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