Press release
Next Generation Memory Market 2020 Trending Technologies, Development Plans, Future Growth and Geographical Regions to 2025
Market Insights Reports released a new study on 2021-2025 Next Generation Memory Market with 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.The Global Next Generation Memory Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the Next Generation Memory market and its market dynamics for the period 2021-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
The global next generation memory market was valued at USD 3197.75 million in 2019, and is expected to reach a value of USD 12482.98 million by 2025, registering a CAGR of 29.7%, during the forecast period of (2020 - 2025).
Covid-19 Impact and Recovery Analysis:
The global Next Generation Memory market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.
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Top Key Players in the Global Next Generation Memory Market: - Intel Corporation, - Toshiba Corporation, - Samsung Electronics, - Adesto Technologies, - Micron Technology Inc, - IBM Corporation, - Cypress Semiconductor Corporation, - Everspin Technologies, - Sandisk Corporation, - Everspin Technologies, - Crossbar Inc., - AsusTek Computer Inc., - Corsair Memory, - Kingston Technologies, - Sony Corporation, - Windbond Electronics Corporation, - Avalanche Technologies Inc, - SK Hynix Inc., - Transcend Information, Inc., - Corsair Memory Inc.
Industry News and Updates:
-Aug 2019 - Samsung announced its 6th generation V-NAND memory with 100 active layers using new circuit design technology. It features 10% lower latencies and consumes 15% lower amount of power when compared to Samsung's previous-generation V-NAND products. This V-NAND also features lower power consumption than its predecessors.
-July 2019 - Fujitsu Semiconductor announced the release of the 8Mbit ReRAM MB85AS8MT, which is reportedly the world's largest density as a mass-produced This ReRAM product, suitable for wearable devices, was jointly developed with Panasonic Semiconductor Solutions Co. Ltd. The MB85AS8MT is an EEPROM-compatible non-volatile memory with SPI-interface that operates with a wide range of power supply voltages from 1.6V to 3.6V. One major feature of this memory is an extremely small average current for read operations of 0.15mA at an operating frequency of 5MHz. This enables minimal battery consumption when mounted in battery-operated applications with frequent data-read operations.
Scope of the Report
Next generation memory can be defined as a common label applied to a major upgrade of hardware or a software product. The next generation memory market has grown over the last few years because of the increasing demand for faster, efficient, and cost-effective memory solutions. The emerging Big Data and artificial intelligence (AI) applications, including machine learning, drive innovations across many industries and this is accompanying new memory technologies in various end-users such as BFSI, Consumer Electronics, etc.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America to Account for a Major Share
- The North American region has been one of the early adopters of the next-generation technologies and infrastructure. The IT industry significantly drives the economy in the United States. The rapidly changing technologies and high data generation, across the industries, are creating a need for more efficient processing systems. These are some of the factors driving the demand for next-generation memory market in the region.
- Additionally, the US government has started the Data Center Optimization Initiative (DCOI) to deliver better services to the public while increasing return-on-investment to taxpayers, by consolidating many data centers in the country. The consolidation process includes the process for building hyperscale data centers and to shut-off the underperforming ones. Till date, the government has closed over 3,215 data centers in the country.
- Moreover, the memory manufacturing companies in North America are seeking opportunities for production expansions. For instance, Intel has already started the phases of its new fabrication plant in Arizona for manufacturing next-generation memory and storage solutions. For this project, the company spent USD 1 billion as the first phase of investment out of the total cost USD 7 billion.
- Additionally, in March 2019, Cyxtera Technologies expanded its data center facilities in Silicon Valley, Phoenix, Atlanta, New York Metro, and Toronto, with the expansions increasing the total capacity in these markets to more than 1.5 million sq. ft., with an overall company footprint of more than 2.9 million sq. ft.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Next Generation Memory Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Next Generation Memory Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Next Generation Memory market?
- What are the key concerns of the five forces analysis of the Global Next Generation Memory market?
- What are different prospects and threats faced by the dealers in the Global Next Generation Memory market?
- What are the strengths and weaknesses of the key vendors?
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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