Non-Volatile Memory (NVM) Market 2020 Size, Trends, Investments, Share, Leading Players, Demand, Revenue and Fast Forward Research 2022

A new report published by Allied Market Research titled, "Non-Volatile Memory (NVM) Market by Type, Application, and Verticals-Global Opportunity Analysis Industry Forecast, 2014-2022", projects that the world NVM market would reach $82 billion by 2022 at a CAGR of 10% from 2016 to 2022. Asia-Pacific leads the world market and accounts for more than 40% share of the overall NVM market revenue followed by North America. The Asia-Pacific market growth is mainly driven by factors such as increasing number of datacenters and increasing use of NVM in consumer electronics manufacturing activity.

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Electrically addressed is the foremost memory type and widely used in consumer electronics. Presently, rise in demand for greater efficiency, faster memory access and low-power consumption are some of the major factors that are driving the market growth. Moreover, aggrandized use of NVM in flexible electronics is expected to provide huge opportunities to the market growth. Among various electrically addressed memory types, NVRAM is leading the segment and would continue this trend throughout the forecast period. However, emerging memory such as 3D XPoint, MRAM, and SONOS are expected to grow in the future owing to the faster data transfer and light weight design.

Allied Market Research recently published a report titled, “Non-Volatile Memory (NVM) Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.

Non-Volatile Memory (NVM) Market Competitive Analysis:

The key players in the NVM market are focused to expand their business operations in the fast-growing emerging countries with new product launches as a preferred strategy. The major players profiled in this report include Adesto Technologies Corporation, Viking Technology, Crossbar Inc., Kilopass Technology Inc., Samsung Electronics Co., Ltd., Intel Corporation, Sidense Corporation, Sandisk Corporation, Fujitsu Ltd, and Micron Technology, Inc.

Covid-19 Impact on the Global Non-Volatile Memory (NVM) Market:

Non-Volatile Memory (NVM) Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.

COVID-19 Scenario:

Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.

However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

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Non-Volatile Memory (NVM) Market Segmentation:

The report provides segmentation of the global Non-Volatile Memory (NVM) Market. The major segments in the report are studied on the basis of type, applications, industry verticals, and geography. Along with this, it also involves the tables based on extensive analysis of sales, revenue, growth rate, and revenue share of each for the historic as well as forecast period.

Non-Volatile Memory (NVM) Market Geographical Analysis:

The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.

Asia-Pacific is projected to be the fastest growing region throughout the analysis period. Furthermore, increase in IT expenditures in several countries including Japan, India, and South Korea to satisfy the end-user storage needs have bolstered the market growth. Moreover, technological advancements to overcome low write endurance rate issue in NVM would offer lucrative opportunities for the market.

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Key findings of the study:

In 2014, electrically addressed type led the overall NVM market revenue, and is projected to grow at a CAGR of 10.1% during the forecast period.
Automotive industry vertical segment is projected to grow at a CAGR of 11% during the analysis period.

Consumer electronics segment is expected to exhibit fastest growth during the forecast period, owing to increasing application of NVM in smartphone and wearable device.

Japan is the major shareholder accounting for about 34% share of the Asia-Pacific NVM market.

Non-volatile memory (NVM) Market Key
Segmentation:

By Type

Electrically Addressed
ROM (EPROM & EEPROM)
NVRAM (Flash Memory and Solid-Stage Memory)
Emerging Memory (3D XPoint, MRAM, SONOS, NRAM, CBRAM, NVDIMM FeRAM)
Mechanically Addressed
Magnetic Tape
Hard-Disk Drive
Optical-Disc Drive
Millipede memory
Holographic data storage
Others
FRAM
Zero-RAM
Nanobridge
Molecular

By Application

Consumer Electronics
Healthcare Monitoring
Automotive Application
Enterprise Storage
Industrial
Others (Power & Energy Distribution and Defense & Aerospace Application)

By Industry Vertical

Telecom & IT
Healthcare
Automotive
Energy & Power
Manufacturing Industries
Others (BFSI, Media & Entertainment, and Aerospace)

By Geography

North America
U.S.
Mexico
Canada
Europe
UK
Germany
Russia
France
Rest of the Europe
Asia-Pacific
India
Singapore
Japan
Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Research methodology

1.2.1 Secondary research
1.2.2 Primary research
1.2.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top investment pockets by application
3.2.3 Top winning strategies

3.3 Porters five forces analysis
3.4 Market share analysis, 2015
3.5 Value chain analysis
3.6 Market dynamics

3.6.1 Drivers
3.6.2 Opportunities
3.6.3 Restraints

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