Storage Class Memory Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2026

The Storage Class 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 Storage Class 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 Storage Class Memory market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Storage Class Memory market.

The storage class memory market is projected to register a CAGR of 38.2% during the forecast period (2021 - 2026).

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592193/storage-class-memory-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of Storage Class Memory Market are - Crossbar Inc., Hewlett Packard Enterprise, Everspin Technologies Inc., Western Digital Corporation, Micron Technology Inc., Samsung Electronics Co. Ltd, Intel Corporation, Toshiba Memory Holding Corporation (Kioxia), MemVerge and others.

Industry News and Updates:

- May 2020 - The company unveiled its heterogeneous-memory storage engine (HSE) in the open-source community to leverage all-flash infrastructure to customize or enhance code-use cases. Also, to take advantage of the performance and reduced latency of next-generation non-volatile media from SSDs but also other storage-class memory (SCM), including 3D Xpoint.

- January 2020 - Samsung Released a Portable SSD T7 Touch the New Standard in Speed and Security for External Storage Devices. The new pocket-sized external solid-state drive delivers lightning-fast speeds currently available based on the USB 3.2 Gen 2 standard and convenient fingerprint security in a sleek, durable package.

Key Market Trends:

Persistent Memory is Expected to Grow Significantly

- Demand for in-memory processing increasingly used in big data applications like interactive database queries have prompted Intel and other chipmakers to boost memory bandwidth. When running analytics workloads such as the Spark-based cluster computing framework, Intel claims queries run eight times faster on persistent memory than on DRAM storage combinations.
- The rise of application containers in datacenters also has boosted requirements for persistent memory in the recent years. Hence, vendors present in the market ecosystem are emphasizing the advantages of larger persistent memory tiers, including increased CPU and server utilization and the faster delivery of distributed applications.

North America to Hold a Major Share

- According to Telecom Advisory Services, in 2019, the United States generated 41.52 million exabytes per month of internet traffic. According to Cisco, the cloud traffic in North America was expected to be 4,860 exabytes per year in 2019. Currently, about 10% of enterprise-generated data is created and processed outside a traditional centralized data center or cloud.
- The region has significant players, such as Intel, Micron, and CrossBar, to name a few. The first persistent memory devices launched in the market were by Intel's Optane DC. The company recently commercialized the shipment of the same.

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:
- Storage Class Memory Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Storage Class Memory Market (%),2016 - 2026
- Storage Class Memory Market Share, By Brand
- Storage Class Memory Market Share, By Company
- Storage Class Memory Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Storage Class Memory Market Value Analysis & Forecast
- Promising Storage Class Memory Development by Major Companies
- Detailed Storage Class Memory Portfolio of the Major Companies
- Major Deals in the Storage Class Memory Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592193/storage-class-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.

This release was published on openPR.