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Non-Volatile Memory Market worth $171.31 billion by 2030, growing at a CAGR of 9.98% - Exclusive Report by 360iResearch
Non-Volatile Memory Market | 360iResearch
The Global Non-Volatile Memory Market to grow from USD 80.03 billion in 2022 to USD 171.31 billion by 2030, at a CAGR of 9.98%.
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The non-volatile memory includes a range of memory technologies that retain data even when power is turned off. Common types of non-volatile memory include flash memory, EEPROM (Electrically Erasable Programmable Read-Only Memory), and 3D XPoint. Non-volatile memory is widely used in consumer electronics, enterprise storage, automotive, and industrial applications. Its capacity to store data persistently makes it ideal for smartphones, tablets, solid-state drives (SSDs), and other devices that require quick and reliable storage solutions. Increasing demand for high-performance data storage solutions across the consumer electronics and enterprise storage sectors is driving the market growth. Enhancements in technology that provide greater storage capacity, faster data access, and improved durability also contribute to market expansion. Additionally, the proliferation of IoT (Internet of Things) devices and the need for efficient, long-term data retention in various applications foster market growth. Technical limitations in scaling down the memory cells without compromising their performance or reliability hamper the market growth. Emerging technologies such as wearable tech, smart home devices, and advancements in automotive electronics present new opportunities for the non-volatile memory market. The development of edge computing and 5G technology is also anticipated to create novel applications for non-volatile memory, driving the need for innovative storage solutions that are both fast and reliable.
In the Americas, the non-volatile memory market is rapidly growing due to its strong technological infrastructure and the presence of major players in the semiconductor industry. Consumer needs in the region are driven by the demand for higher-performance storage solutions and the increasing adoption of cloud services. Customers in South America exhibit a preference for high-speed and high-capacity memory for applications in mobile devices, data centers, and emerging technologies such as the Internet of Things (IoT). European Union (EU) countries have a strong focus on data security and user privacy, which is reflected in their non-volatile memory market. Upcoming General Data Protection Regulation (GDPR) compliance is exerting influence on storage technologies, driving EU customers towards non-volatile storage solutions that offer advanced encryption and data protection features. The Middle East and Africa are emerging markets with a steadily growing appetite for advanced technologies. Investments across the AsiaPacific region in the non-volatile memory sector are robust, with heavy financing in research centers, manufacturing facilities, and the development of new storage technologies. Asia-Pacific region's rapid adoption of 5G technology, further drives innovation in memory products to meet the needs of high-speed data processing and storage.
Market Segmentation & Coverage:
This research report categorizes the Non-Volatile Memory Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Classification, market is studied across Ferroelectric Random-access Memory, Magnetic Random-access Memory, NRAM, Phase-change Memory, Quantum-dots, ReRAM/CBRAM, and RRAM. The Magnetic Random-access Memory is further studied across DRAM, FLASH, and SRAM. The DRAM is further studied across Millipede. The FLASH is further studied across NAND Flash and NOR Flash. The SRAM is further studied across nvSRAM. The RRAM is further studied across EPROM and SPROM. The Magnetic Random-access Memory commanded largest market share of 42.11% in 2022, followed by Ferroelectric Random-access Memory.
Based on Wafer Size, market is studied across 200mm, 300mm, and 450mm. The 300mm commanded largest market share of 41.23% in 2022, followed by 200mm.
Based on End-User, market is studied across Agricultural, Automotive & Transportation, Consumer Electronics, Energy & Power, Enterprise Storage, Healthcare, Industrial, Military & Aerospace, Retail & Consumer Goods, and Telecommunication. The Consumer Electronics commanded largest market share of 21.91% in 2022, followed by Retail & Consumer Goods.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.23% in 2022, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Non-Volatile Memory Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Non-Volatile Memory Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Non-Volatile Memory Market, highlighting leading vendors and their innovative profiles. These include ATP Electronics, Inc., Avalanche Technology Inc., CrossBar, Inc., Everspin Technologies, Inc., Flexxon Pte Ltd., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Infineon Technologies AG, Intel Corporation, KIOXIA Holdings Corporation, Microchip Technology Inc., Micron Technology, Inc., Nantero, Inc., NVMdurance Ltd., Pure Storage, Inc., Renesas Electronics Corporation, Samsung Electronics Co., Ltd., SK hynix Co., Ltd., SkyHigh Memory Limited, SMART Modular Technologies, Inc., STMicroelectronics N.V., Synopsys, Inc., Toshiba Corporation, Viking Technologies, Inc., Western Digital Corporation, and Windbond Electronics Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Non-Volatile Memory Market, by Classification
7. Non-Volatile Memory Market, by Wafer Size
8. Non-Volatile Memory Market, by End-User
9. Americas Non-Volatile Memory Market
10. Asia-Pacific Non-Volatile Memory Market
11. Europe, Middle East & Africa Non-Volatile Memory Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Non-Volatile Memory Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Non-Volatile Memory Market?
3. What is the competitive strategic window for opportunities in the Non-Volatile Memory Market?
4. What are the technology trends and regulatory frameworks in the Non-Volatile Memory Market?
5. What is the market share of the leading vendors in the Non-Volatile Memory Market?
6. What modes and strategic moves are considered suitable for entering the Non-Volatile Memory Market?
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