Press release
3D XPoint Technology Market 2019 by Global Leaders: SanDisk, Kingston Technology, Toshiba, Micron Technology, Intel, IM Flash, Qimonda AG
Market Research Future published a research report on “3D XPoint Technology Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.3D XPoint technology Global Market - Overview
The global 3D XPoint technology market is showing immense growth; mainly due to increased durability, great performance, and large storage capacity. Also, in comparison with the presently available non-volatile storage devices, 3D Xpoint offers low cost storage. 3D Xpoint technology is 1,000 times faster than NAND and also possesses 1,000 times greater endurance as compared to NAND. 3D Xpoint is considered to be a breakthrough technology which delivers game-changing performance for memory and storage solutions that enable processing of entirely new applications.
The technology was unveiled by Intel and Micron in 2015, which was the first new memory category created almost after 25 years. Intel had announced Optane brand for storage products based on 3D XPoint technology. Intel’s Optane provides an unparalleled combination of high throughput, low latency, high quality of service, and high endurance. Technological advancements have played a major role in the development of 3D Xpoint Technology Market. Steep increase in the adoption of 3D XPoint technology applications is one major factor driving the growth of 3D XPoint technology market. Intel Corporation and Micron Technology are the major investors in the 3D XPoint technology market.
By end user, the consumer electronics sub segment is expected to grow at the highest rate during the forecast period in the global 3D XPoint technology market. This is owing to the increasing demand for high storage memory applications in the consumer electronics sector. According to a recent study report published by Market Research Future, the global market of 3D XPoint technology is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).
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Key Players
IM Flash (U.S.), Intel Corporation (U.S.), Micron Technology, Inc. (U.S.), Numonyx B.V. Ltd, (Switzerland), Samsung Group (South Korea)., SK Hynix, Inc. (South Korea), Western Digital Corporation (U.S), SanDisk Corporation (U.S.), Mushkin Inc. (U.S), Kingston Technology Corporation (U.S.), Qimonda AG (Germany), and Toshiba Corporation (Japan) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global 3D XPoint technology Market.
3D XPoint technology Global Market - Segmentation
The 3D XPoint technology market can be classified into 3 key segments for the convenience of the report and enhanced understanding;
Segmentation by Storage Type: 750 GB and 5 TB
Segmentation by End User: Consumer electronics, Enterprise Storage, Automotive & Transportation, Military & Aerospace, Telecommunication, Energy & Power, Healthcare, Agricultural, Retail and Others
Segmentation by Region: North America, Europe, Asia Pacific and Rest of the World.
3D XPoint technology Global Market - Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the 3D XPoint technology market in North America owing to the presence of a large number of established key players such as IM Flash, Intel Corporation, Micron Technology, Inc., Western Digital Corporation, SanDisk Corporation, Mushkin Inc., and Kingston Technology Corporation among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for consumer electronics in the region. 3D XPoint technology market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing demand for electronics with high processing capacity and increased urbanization in China, Japan, and India in the region. Whereas, the Europe market for 3D XPoint technology is expected to grow at a considerable CAGR (2017-2023).
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Intended Audience:
Technology investors
PC and Laptop Manufacturers
Semiconductor chip manufacturers
Semiconductor product designers and fabricators
Application providers
Business providers
Research institutes
Research/Consultancy firms
Analysts and strategic business planners
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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