Press release
Next Generation Memory Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2026
The Next Generation Memory Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Next Generation Memory market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Next Generation Memory market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Next Generation Memory market.The global next generation memory market was valued at USD 2935.1 million in 2020 and expected to reach USD 12833.1 million by 2026 and grow at a CAGR of 29.7% over the forecast period (2021 - 2026).
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Top Leading Companies of Next Generation Memory Market are - Intel Corporation, Toshiba Corporation, Fujitsu Ltd, Honeywell International Inc., Micron Technologies Inc., IBM Corporation, Sony Corporation, Samsung Electronics Co. Ltd, Crossbar Inc., Cypress Semiconductor Corporation, Avalanche Technologies Inc., Adesto Technologies, Everspin Technologies Inc., SK Hynix Inc., Taiwan Semiconductor Manufacturing Company Limited (TSMC) and others.
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.
Key Market Trends:
Information Technology to Significantly Employ Next Generation Storage Technology
- With the growing size of enterprises, many of the companies in the IT sector have adopted the use of enterprise storage technologies. This adoption has been responsible for driving the demand for next-generation storage to handle the computing power of the organizations.
- While many client devices use solid-state storage technologies nowadays, hard disk drives (HDDs) are still used by hundreds of millions of people and across virtually all datacenters worldwide. Heat-assisted magnetic recording (HAMR) technology promises to increase capacities of HDDs significantly in the coming years.
Segment by Type:
PCM
ReRAM
MRAM
FeRAM
Segment by Application:
Consumer Electronics
Enterprise Storage
Automotive and Transportation
Military and Aerospace
Telecommunications
Others
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.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Next Generation Memory Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Next Generation Memory Market (%),2016 - 2026
- Next Generation Memory Market Share, By Brand
- Next Generation Memory Market Share, By Company
- Next Generation Memory Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Next Generation Memory Market Value Analysis & Forecast
- Promising Next Generation Memory Development by Major Companies
- Detailed Next Generation Memory Portfolio of the Major Companies
- Major Deals in the Next Generation Memory Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082592040/next-generation-memory-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports 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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