Non-Volatile Memory Market 2021 Strategic Assessment- Intel Corporation, Toshiba Corporation, Samsung Electronics, Sandisk Corporation, Micron Technology, Honeywell Corporation

Global Non-Volatile Memory Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Non-Volatile Memory market size, demand and revenue. The current Non-Volatile Memory market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The global non-volatile memory market is expected to grow from $56.03 billion in 2020 to $62.48 billion in 2021 at a compound annual growth rate (CAGR) of 11.50%. 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Non-Volatile Memory Market: Intel Corporation; Toshiba Corporation; Samsung Electronics; Adesto Technologies Corporation; Viking Technology; Crossbar Inc.; Kilopass Technology; Sidense Corporation; Sandisk Corporation; Micron Technology; Honeywell Corporation; STMicroelectronics NV; Avalanche Technology; Cypress Semiconductor Corporation; Everspin Technologies Inc. and others.

Industry News and Updates:

In August 2019, Toshiba a Japan-based company that engages in providing industrial and social infrastructure systems, IT solutions such as quantum cryptography has announced the acquisition of Lite-on technology for an undisclosed amount. The acquisition aims to increase Toshiba NAND flash shipments by sales channel expansion and improve its business structure ahead of listing. Lite-on Technology is a Taiwan-based company that is engaged in developing optoelectronics and key electronic components.

Scope of this Report:

Markets Covered: 1) By Type: Flash Memory; EPROM; FRAM; 3D-X Point; NRAM; Others
2) By Wafer Size: 200mm; 300mm; 450mm
3) By End User: Consumer Electronics; Enterprise Storage; Automotive and Transportation; Military and Aerospace; Industrial; Telecommunication; Energy and Power; Healthcare; Agricultural; Retail
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

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The growth is mainly due to the increase in demand for electronic devices and data storage requirements, adoption of flash memories in consumer electronics, rise in demand for faster memory access, increasing demand for faster access and low power consuming memory devices, and rising need for memory devices with high speed. The market is expected to reach $99.96 billion in 2025 at a CAGR of 12.47%. The non-volatile memory market consists of sales of storage drives by entities (organizations, sole traders, or partnerships) that manufacture solid state drives (SSDs, compact disks, and flash drives used for storing data. Non-volatile memory is generally used for storing data over a long period and is categorized into electrically addressed systems such as ROM and mechanically addressed systems such as optical disc magnetic tapes and holographic memory.

The main types of memory for the non-volatile memory market are flash memory, erasable programmable read-only memory (EPROM), ferroelectric random access memory (FRAM), 3D-X Point, nano random access memory (NRAM), and others. Flash memory is an electronic non-volatile computer memory chip used for data-storage in computers and other electronic devices, and can transfer data between a personal computer (PC) and digital devices. Erasable programmable read-only memory (EPROM) is a non-volatile memory that has programmable read-only memory that can be erased and re-used. Ferroelectric random access memory (FRAM) is a non-volatile memory that combines the fast read and writes access of dynamic RAM and DRAM. 3D-X Point is a type of non-volatile memory that can boost server and PC performance for real-time data processing. Nano random access memory (NRAM) is a type of non-volatile memory which is based on the position of carbon nanotubes deposited on a chip-like substrate. The wafer is a thin piece of semiconductor material that is used in the non-volatile memory market is 200mm, 300mm, and 450mm. These non-volatile memories are used by consumer electronics, enterprise storage, automotive & transportation, military & aerospace, industrial, telecommunication, energy & power, healthcare, agricultural, and retail.

Regional Analysis For Non-Volatile Memory Market:

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, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of 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 Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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