Press release
Embedded Non-Volatile Memory Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2021 to 2027) with COVID-19 Study | TSMC, UMC
This Embedded Non-Volatile Memory market report is a detailed description of roadblocks, factors, and developments that have a beneficial or negative impact on the market. It allows for a variety of alternative uses that could have a further impact on the market circumstances. The major elements on which the analysis is based are previous benchmarks and present trends. This form of in-depth market research study includes specific segments based on application and type. The type segment provides information on production for the anticipated period. Recognizing these categories is even more important in order to grasp the significance of several aspects that contribute to the market's progress and expansion. This Embedded Non-Volatile Memory market report examines a variety of areas of the industry, including technology platforms, current advancements and developments, tools, policies, and strategies that aid in better and improved understanding the industry. In this all-encompassing business study, the consequences of COVID-19 on businesses and organizations are briefly discussed. Players in the market can use this information to make more specific and profitable decisions.Embedded non-volatile memory is a small-sized chip used to meet a variety of embedded system applications. It is primarily used in smart card, SIM card, microcontrollers, PMIC, and display driver IC for the purpose of data encryption, programming, trimming, identification, coding, and redundancy. Manufacturers focus on providing secured eNVMs for MCUs used in the IoT-based devices.High efficiency and compact design associated with eNVMs is expected to replace comparatively bulky, conventional, standalone non-volatile memories. It is one of the key components of IoT-based microcontroller devices. Use of low power and low-cost embedded non-volatile memories can decrease the consumer electronics cost significantly, which is also anticipated to catapult product demand over the next few years. The growing need for security in connected device is anticipated to provide avenues for growth owing to the secured layer provided at the most vulnerable physical layer, which cannot be breached through passive, semi-invasive, and invasive methods. These memories are also used in automobiles, particularly in head-up displays and next generation technology such as key-less push button start features. Therefore, increasing demand for smart cars is anticipated to catalyze eNVM market growth over the next eight years.Miniaturization of devices such as smartphones as well as automobile components has instigated manufacturers to reduce the process node size without affecting the performance. For instance, Chinese manufacturer, HHGrace is investing in R&D, in order to scale down the process node to deliver compact and efficiently performing eNVM solutions, PWM ICs, and MEMS chips.Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Embedded non-volatile memory (eNVM) has become an important and essential IP that adds flexibility to electronic products and helps accelerate time-to-market. UMC offers state-of-the-art embedded non-volatile solutions to meet a variety of embedded system applications. High quality embedded non-volatile memories (eFuse, eOTP, eMTP, eE2 PROM and eFlash) can be used for trimming, redundancy, data encryption, ID, coding and programming. The market growth is attributed to the increasing penetration of IoT-based devices and services in the developing countries. The need for ubiquitous connectivity necessitates rapid deployment of inexpensive and low power consuming products with the ability to communicate securely. Therefore, proliferation of IoT-based devices and services is estimated to spur the demand significantly over the forecast period.
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The market report covers the effect of COVID-19 on the market escalation rate and how to overcome it. It advises the trainees to take challenges based on the detailed report study and then step accordingly with the most worthwhile improvement opportunities. It shows them what the present is on the basis of past experiences and potential analysis. Rapid growth in the field of online market strategy also comes with several hindrances and so this Embedded Non-Volatile Memory market report gives them a substantial base to make rapid progression in their field.
Major enterprises in the global market of Embedded Non-Volatile Memory include:
HHGrace
Samsung
GlobalFoundries
TSMC
UMC
Microchip Technology
SMIC
Fujitsu
TowerJazz
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On the basis of application, the Embedded Non-Volatile Memory market is segmented into:
Consumer Electronics
IoT
Telecommunications
Automotive
Others
Market Segments by Type
200mm Fabs
300mm Fabs
Others
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Embedded Non-Volatile Memory Market
...
2 Market Trends and Competitive Landscape
3 Segmentation of Embedded Non-Volatile Memory Market by Types
4 Segmentation of Embedded Non-Volatile Memory Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Embedded Non-Volatile Memory Market in Major Countries
7 North America Embedded Non-Volatile Memory Landscape Analysis
8 Europe Embedded Non-Volatile Memory Landscape Analysis
9 Asia Pacific Embedded Non-Volatile Memory Landscape Analysis
10 Latin America, Middle East & Africa Embedded Non-Volatile Memory Landscape Analysis
11 Major Players Profile
...
Different insights covered in the report include key drivers influencing the challenges, market growth, and opportunities of Embedded Non-Volatile Memory Industry and the industry chain analysis, manufacturing equipment, upstream raw materials and downstream major consumers of Embedded Non-Volatile Memory Industry. This market enhancing research report also sheds light on extensive range of information about new product developments along with key regions such as North America, Europe, Asia Pacific, South East and Africa. This report also talks about growth elements, applications, market share, demand analysis and manufacturing capacity. It also observes impact of expansions on the future advancement of the market. Many new terms introduced in the report are entry barriers, trading policies and financial and regular concerns.
Embedded Non-Volatile Memory Market Intended Audience:
- Embedded Non-Volatile Memory manufacturers
- Embedded Non-Volatile Memory traders, distributors, and suppliers
- Embedded Non-Volatile Memory industry associations
- Product managers, Embedded Non-Volatile Memory industry administrator, C-level executives of the industries
- Market Research and consulting firms
This Embedded Non-Volatile Memory market report depicts how COVID-19 caused several health related issues and affected several companies, industrial sectors, divisions, and firms. COVID-19 (also identified as Coronavirus) is causing mayhem on the nation, affecting cargo ships, mass transit, and other modes of travel, as well as social occasions to a great extent. This Embedded Non-Volatile Memory market report analyses a variety of business variables, such as marketing plans, financing, and economic expansion, using a reasoned method. It also focuses on analyzing and associated expenses in different geographic locations.
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Name: Rebecca Hall
Phone: + 1 (347) 467 7721
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