openPR Logo
Press release

The Data Storage Game-Changer: Navigating the Non-Volatile Memory Market of 2033

Non-volatile Memory Market

Non-volatile Memory Market

According to Persistence Market Research estimates, the global Non-volatile Memory Market is set to surge from a worth of US$ 64.5 billion in 2022 to US$ 70.3 billion in 2023. A CAGR of 8.0% is anticipated between 2023 and 2033. By 2033, the market is expected to be worth US$ 152.0 billion.

The semiconductor industry has shown increased interest in non-volatile memory (NVM) technologies for mass storage applications over the past ten years as demand for portable systems has surged. Due to rising need for products with low power consumption, quick memory allocation, and high efficiency, the non-volatile memory market is escalating worldwide.

In the burgeoning consumer electronics sector, users demand their devices to continuously gain power, offer new capabilities at incredible speeds, and save more music, movies, and photographs. Flash has played a key role in encouraging creativity over the past two decades, but it has reached maximum scaling limits and has to be replaced by a new generation of memory.

Growing market penetration and demand for consumer devices have made device flash storage applications conceivable. This kind of memory is extensively used in electronic musical instruments, laptops, cell phones, and digital cameras. It has been enthusiastically embraced by numerous data center solution suppliers. With the advent of cloud technologies, data center demand is elevating quickly.

Click Here to Get Free Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/33328

Information can be kept in non-volatile memory even if the power source is turned off. Non-volatile memory is used in a variety of sectors, including retail, energy & power, consumer electronics, medicine, automobiles & mobility, industrial, enterprise storage, military & aerospace, and telecommunications.

The market is also growing as a result of more research being conducted in this field. For instance, second-generation non-volatile Static random access memory will be available starting in March 2021, according to Infineon Technologies LLC.

They adhere to both QML-Q and high-reliability industrial requirements. Additionally, they are particularly made to support the storing of non-volatile code in demanding settings like those seen in commercial and aviation industries.

Key Takeaways from Non-Volatile Memory Market Report

By 2033, the non-volatile memory industry in the USA is projected to expand significantly, reaching a value of US$ 24.6 billion.

The United Kingdom non-volatile memory market is anticipated to surge at a CAGR of 6.4% during the forecast period.
By 2033, it is expected that the non-volatile memory market in Japan would be worth US$ 23.4 billion.
In the following ten years, the non-volatile memory market in South Korea is anticipated to surge at a CAGR of 8.5%.
The consumer electronics category is anticipated to see a CAGR of 7.8% from 2023 to 2033, in terms of application.

"In contrast to storage systems, which require regular updates, non-volatile memory (NVM) is based on user-configurable technology. Non-volatile memory (NVM) is anticipated to be widely employed by consumer electronics companies globally due to its inexpensive cost and low energy requirements," says a lead analyst at Persistence Market Research.

Get Full Access of this Report @ https://www.persistencemarketresearch.com/checkout/33328

Competitive Landscape: Non-Volatile Memory Market

Powerful rivals abound in the non-volatile memory sector. Effectiveness of competitive strategy, levels of market saturation, and innovation-based sustainable competitive advantage are the main drivers of industrial competitiveness. Due to significant capital requirements, the international market has considerable exit barriers.

Key Companies-

Samsung Electronics
Toshiba Corporation
Micron Technology
SK Hynix
Western Digital
Adesto Technologies
Intel Corporation
Microchip Technology
Nantero
Crossbar Inc.

For instance,

In July 2022, the MX25UW51245G Serial NOR from a Taiwan-based non-volatile memory manufacturer named Macronix International Co Ltd. was released. Renesas Electronics Corporation has chosen flash memory for its generation 4 chipsets in automobile computers. The boot memory for computer reference designs is anticipated to come from the flash memory. It is also predicted to reach up to 400MB/s. The business is currently a participant in the Renesas RZ partner ecosystem solutions program.

In November 2021, Macronix International Co Ltd, Taiwan-based non-volatile memories manufacturer announced that they have become the first player in the industry for Serial NOR flash memory manufacturing in order to bring 1.2V devices for mass production. These memories have ultra-low power features. They are used in artificial intelligence (AI), wireless communication technologies such as 5G, narrowband internet of things, handheld Bluetooth devices, and Wi-Fi. Low power consumption feature helps in being used in medical grade wearables, battery powered devices, and portable healthcare devices.

You Can Customize this Report As per Your Requirement Click Here @ https://www.persistencemarketresearch.com/request-customization/33328

Get More Valuable Insights into Non-Volatile Memory Market

Persistence Market Research, in its new offering, provides an unbiased analysis of the non-volatile memory market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study incorporates compelling insights on the non-volatile memory market based on

type (traditional non-volatile memory, emerging non-volatile memory),
wafer size (200mm, 300mm, 450mm),
end user (consumer electronics, enterprise storage, automotive & transportation, military & aerospace, industrial, telecommunication, energy & power, healthcare, agriculture, retail),
region.

About the Semiconductor and Electronics Division at Persistence Market Research

Persistence Market Research's highly experienced semiconductor and electronics team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the technology business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help.

Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us: -

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Data Storage Game-Changer: Navigating the Non-Volatile Memory Market of 2033 here

News-ID: 3217896 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Memory

US Hybrid Memory Cube and High Bandwidth Memory Market Next-Gen Memory Solutions
On April 01, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Us Hybrid Memory Cube High Bandwidth Memory Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute
Memory Revolution: Exploring Opportunities in the Evolving Next-Generation Memor …
In an era defined by exponential data growth and the proliferation of connected devices, the demand for faster, more efficient, and higher-capacity memory solutions has never been greater. The next-generation memory landscape is witnessing a revolution, driven by technological advancements, changing market dynamics, and the relentless pursuit of innovation. In this article, we delve into the opportunities presented by the evolving next-generation memory landscape and explore the transformative potential of
DERILA MEMORY FOAM PILLOW REVIEW: IS DERILA MEMORY FOAM PILLOW LEGIT?
Derila Memory Foam Pillow: Experience Ultimate Comfort and Support A good night's sleep is essential for our overall well-being, and one crucial factor in achieving quality rest is having the right pillow. If you're searching for a pillow that combines comfort, support, and luxurious materials, look no further than the Derila Memory Foam Pillow. Designed with advanced technology and premium materials, this pillow is engineered to provide you with the ultimate
CollaGenius [Beware Fake Websites] - Improve Your Memory Consolidation And Worki …
➢ Product Name - Nootopia CollaGenius ➢ Main Benefits - Greater Mental Clarity, Focus And Cognitive Performance. ➢ Composition - Natural Organic Compound ➢ Side-Effects - NA ➢ Availability - Official Website 👉 Official Website - https://bit.ly/3ft6N5K Have you been keeping to yourself? Have the combined effects of sluggish feelings, brain fog and the lack of mental sharpness resulted in poor quality of life? These are unsurprising to us because brain fog naturally disrupts productivity
2022-2028 Error-correcting code memory (ECC memory) Market | Detailed Report
The Error-correcting code memory (ECC memory) research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about
2020 Automotive Seats Market Report- Heated-Powered, Heated-Ventilated, Heated-M …
The automotive seat market is projected to grow to USD 60.0 billion by 2025 from USD 51.9 billion in 2020, at a CAGR of 2.9%.  ReportsnReports added Latest Automotive Seats Market research report estimates the market size by the end of year at a CAGR, by deep-dive analysis of the historical data for the years. The main objective of this report is to determine Automotive Seats Market status, forecast, growth opportunity,