Non-Volatile Dual In-Line Memory Module Market To Exhibit 64% CAGR 2016-2020, Owing To Development Of IoT-Enabled Devices

The global non-volatile dual in-line memory module (NVDIMM) market is estimated at an astonishing 64% CAGR over the course of 2016 to 2020. The report, titled ‘Global Non-Volatile Dual In-Line Memory Module Market 2016-2020,’ is available for sale on the official website of MarketResearchReports.biz. This report states that the growing penetration of IoT devices across the globe is boosting the growth prospects of the global non-volatile dual in-line memory module industry, as it leads to an increased focus on memory devices. As engineers are looking to reduce the amount of data transfer frequency, duration of transmission, and the amount of data transferred, the need for memory devices that operate at low power is increasing. In addition to this, there is a need for a memory devices that can be integrated with the system and which also has low cost of operation. All these factors are fueling the demand for NVDIMM.

The demand for NVDIMM is expected to rise at a stupendous pace owing to benefits such as fast processing speed, higher efficiency, and its ability to retain data. As such, they are highly in demand from the automotive, manufacturing, and retail industries. Moreover, the growing progress and evolution of IoT-enabled devices will also fuel the market’s growth. The adoption of big data analytics will also create a demand for NVDIMM.

Some of the factors hampering the growth of the market are difficulty in scaling of NVDIMMs, slow speed of NAND over DRAM, and the packaging of NVDIMMs. Moreover. The board assembly of NVDIMM will also pose significant challenge for manufacturers, thus restricting the growth of the market.

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On the basis of type, the market is segmented into NVDIMM-F and NVDIMM-N, of which, the NVDIMM-N segment is likely to lead in the coming years after being dominant even in 2015. The need for enhanced operational speed per second as well as decrease in latency are expected to be prime factors driving the demand for NVDIMM-N. By application, the market is expected to be segmented into enterprise storage and servers and high-end workstations, of which, the enterprise storage and servers segment led in 2015. The segment is likely to continue to lead through 2020, fueled by high efficiency with regards to reduced power consumption and support for security.

The report identifies some trends in the market such as high adoption of DDR4 technology and advancements in super capacitors. The market is characterized by strategic partnerships between technology companies and new product launches by players. Some of the players in the market are Netlist, AgigA Tech, SK Hynix, SMART Modular Technologies, Diablo Technologies, Micron Technology, Viking Technology, and HP.

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