What's Driving the NVDIMM Market Growth? SK Hynix, Micron Technology, Fujitsu, Hewlett Packard Enterprise, Netlist, SMART Modular Technologies, Viking Technology

The research report on NVDIMM Market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the NVDIMM Market.

NVDIMM Market size is projected to witness high growth rate over the forecast period owing to growing demand for these components in the primary memory systems of computing platforms. NVDIMM is random access memory that retains information in-terms of normal shutdowns, system crashes, and power loss. NVDIMM offers several benefits such as improved application performance, power efficiency, speed, and data security. Also, the use of NVDIMM eliminates the use of batteries as these chips are integrated with highly efficient capacitors. These chips can retain the information until 72 hours, which is stored in volatile memory.

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The rapid developments in digital services, connected devices, and IoT have increased the need to store & secure a larger amount of data. The demand for cheaper memory systems and the evolution of big data technologies are further propelling the growth. 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.

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 non-volatile dual in-line memory module 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.

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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.

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