Asia Pacific NVDIMM Market is Predicted to Grow Rapidly By 2025
The enterprise data storage will be an important application area in NVDIMM market. The growing demand for customer-centric products, improvement in marketing communication, and customer retention has made businesses to adopt a greater number of data storage services. The retail sector, for instance, is shifting toward a more data-oriented approach to minimize inventory management costs and provide suitable products for the customers.Non-Volatile Dual In-Line Memory Module Market by Product
• NVDIMM-P
• NVDIMM-F
• NVDIMM-N
NVDIMM Market by Application
• Enterprise storage
• Data centers
• Networking devices
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NVDIMM-F, NVDIMM-P, and NVDIMM-N are among the majorly used NVDIMMs. The other non-standard type of module available is the NVDIMM-X. These modules are used for different applications in the industry based on their features. The NVDIMM-F is a dual in-line memory module used in flash storage, NVDIMM-P used in persistent flash storage (as it copies back when the power is restored), and NVDIMM-N for traditional & storage flash module systems. Technological giants, such as Intel, are further introducing new technologies in the NVDIMM market such as 3D X point, which is faster and denser than a non-volatile module.
The technology used in the NVDIMM market is expensive currently as it is in the development stage. The lack of awareness about the benefits and less storage capacity are a few factors that can hinder the growth. These modules provide persistence memory but require changes in the computer hardware and programming for their implementation.
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Asia Pacific is another rapidly growing region in the NVDIMM market with an increase in the data centers and enterprise data storage applications. The countries, such as India, are witnessing significant growth in the data center infrastructure, which is driven by verticals such as retail, banking & finance, and telecom, among others. China will also significantly contribute to the growth of the NVDIMM market. The country is witnessing an expansion in data center infrastructures, for instance, in July 2017, Apple Inc. announced that it will be building its first data center in Guizhou, China.
SK Hynix, Inc., Micron Technology, Inc., Fujitsu Limited, Hewlett-Packard Company, AgigA Tech, Inc., Diablo Technologies, Inc., Netlist, Inc., SMART Modular Technologies, Inc., and Viking Technology, are among the major players in the NVDIMM market. The rapidly growing IT infrastructure and the need to prevent data loss is creating a greater growth opportunity for the companies. The companies are inclined toward providing advanced and more capable products to improve the market share.
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