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Latest Non-Volatile Memory Market Report- Increased Focus On Efficiency And Production Cost Leading To Digitization

10-29-2020 10:02 AM CET | IT, New Media & Software

Press release from: ReportsnReports

The non-volatile memory market was valued at USD 54.3 billion in 2020 and is projected to reach USD 83.6 billion by 2025, at a CAGR of 9.0% between 2020 and 2025. 

ReportsnReports added Latest Latest Non-Volatile Memory Market research report estimates the market size by the end of year at a CAGR, by deep-dive analysis of the historical data for the years. The main objective of this report is to determine Latest Non-Volatile Memory Market status, forecast, growth opportunity, market size by analyzing segments such as key market players, regional classifications, product type and application industry. Latest Non-Volatile Memory Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report-
Intel Corporation (US), Toshiba Corporation (Japan), SAMSUNG ELECTRONICS (South Korea), Adesto Technologies Corporation (US), Viking Technology (Taiwan), Crossbar Inc. (US), Kilopass Technology (US), Sidense Corporation (Canada), Sandisk Corporation (US) and Micron Technology (US) And many others.

The report describes the non-volatile memory market and related developments in terms of storage system, storage architecture, storage medium, and end user across different regions. It aims at estimating the market size and future growth potential of this market across different segments—storage system, storage architecture, storage medium, and end user, and geography. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Increasing demand for faster access and low power consuming memory devices is expected to drive the overall non-volatile memory market during the forecast period. The rising need for memory devices with high speed, low power consumption, and high scalability is expected to fuel the development of new non-volatile memories. Various players involved in this market strive to address this need with the development of emerging memories, such as RRAM, MRAM, FeRAM, and STTMRAM.

Emerging memory technologies offer type of new memories to store more data at a lesser cost than the expensive-to-build silicon chips used by popular consumer gadgets, such as digital cameras, cell phones and portable music players. They are expected to be potential alternatives to existing memories in future computing systems. The non-volatile memory technologies are becoming a ‘Universal Memory’; giving a significant to the growth of merging non-volatile memory market, and has expanded its usage from computer applications to all the consumer electronic products. The major emerging non-volatile memories, such as MRAM, ReRAM, and 3D NAND, are expected to be the biggest contributors to the non-volatile memory market.

Enterprise storage is evolving at a fast rate for use as mass storage in data centers. Enterprise storage requires fast data processing with low power consumption. Non-volatile memory technologies meet these requirements and enable enterprises to support their data centers. Currently, most software and networking companies generate huge amounts of data on a daily basis. This data enables these companies to make better business decisions and run their businesses smoothly. For maintaining such huge digital databases, emerging memory technologies are required to address the critical requirements of businesses, as well as to make better decisions with the available data.

The customer base of consumer electronics in APAC and the presence of major global foundries in this region lead to the development of non-volatile memory technologies. Therefore, the APAC region is estimated to lead the market for non-volatile memory and is expected to grow at the highest rate during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), managers, and executives from various key organizations operating in the non-volatile memory market.

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Reasons to Buy Report:
This report includes the market statistics pertaining to memory type, wafer size, end user, and geography.
Major drivers, restraints, opportunities, and challenges for the non-volatile memory market growth have been detailed in this report.
Illustrative segmentation, analysis, and forecast based on memory type, wafer size, end user, and geography have been provided to give an overall view of non-volatile memeory market.
A detailed competitive landscape, including key players and in-depth analysis and revenues of these players—has been provided.

Table of Contents in this Report-
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Inclusions & Exclusions
1.4 Study Scope
1.4.1 Markets Covered
Figure 1 Non-Volatile Memory Market
Figure 2 Non-Volatile Memory Market, By Geography
1.4.2 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 3 Non-Volatile Memory Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Secondary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
Figure 4 Market Size Estimation Methodology:
2.2.1 Bottom-Up Approach
Figure 5 Bottom-Up Approach: Market Size Estimation Methodology
2.2.2 Top-Down Approach
Figure 6 Bottom-Up Approach: Market Size Estimation Methodology
2.3 Market Breakdown & Data Triangulation
Figure 7 Data Triangulation
2.4 Research Assumptions

3 Executive Summary
Figure 8 Non-Volatile Memory Market, By Wafer Size, 2020 V/S 2025
Figure 9 Non-Volatile Memory Market, By Type, 2020 V/S 2025
Figure 10 Non-Volatile Memory Market, By End User, 2020 V/S 2025
Figure 11 Apac Accounted For Largest Share Of Non-Volatile Memory Market In 2020

4 Premium Insights
4.1 Attractive Opportunities In Non-Volatile Memory Market
Figure 12 High Adoption Of Memory Storage Devices In Consumer Electronics Propels The Growth Of The Market
4.2 Non-Volatile Memory Market, By Type
Figure 13 Emerging Segment To Register Higher Cagr Than Traditional Segment Between 2020 And 2025
4.3 Non-Volatile Memory Market, By End User
Figure 14 Consumer Electronics Segment Expected To Hold The Largest Share Of The End User Market During The Forecast Period
4.4 Non-Volatile Memory Market, By Country
Figure 15 Apac To Grow Significantly During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 Non-Volatile Memory Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand For Fast Access And Low Power Consuming Memory Devices
Table 1 Attributes Of Different Types Of Non-Volatile Memories
5.2.1.2 Increased Focus On Efficiency And Production Cost Leading To Digitization
5.2.1.3 Growing Demand For Non-Volatile Memory In Connected And Wearable Devices
5.2.2 Restraints
5.2.2.1 Low Write Endurance Rate
Table 2 Write Endurance Of Different Memory Technologies
5.2.3 Opportunities
5.2.3.1 Growing Adoption Of High-End Computing, Servers, And Datacenters
5.2.3.2 Increasing Replacement Of Traditional Memory With Emerging Non-Volatile Memory
5.2.4 Challenges
5.2.4.1 Optimizing Storage Densities And Capacities
5.2.4.2 High Design Costs
5.3 Asp Analysis
5.4 Non-Volatile Memory Market, Case Studies
5.4.1 Nvmdurance Significantly Extends Nand Flash Lifetime In Altera Nvme Data Storage Solution
5.4.2 Western Digital And Amd Address Memory Scaling Demand For Fast-Growing In-Memory Computing Workloads

and more...

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