Non-Volatile Dual In-Line Memory Module Market - NVDIMMs is Likely To Branch Out In Medical Electronics And Consumer Electronics Segments.

The global non-volatile dual in-line memory module (NVDIMM) market is presently at a nascent stage. Hence, competitive rivalry among the existing companies in the market is moderate. As per a new report by Transparency Market Research (TMR), the overall vendor landscape in the market is highly concentrated, with the top four players holding more than 90% of the market in 2014. Micron Technology, Inc., in the same year emerged dominant in the market player with a share of 31%. Viking Technology, Inc., SMART Modular Technologies, Inc., and Netlist, Inc. are other prominent enterprises, who are toying with various strategies to establish their stronghold in the market.

The majority of the companies in the market are adopting strategic alliances and mergers as key strategies for leveraging the expertise of their partners. Besides this, companies are looking to capitalize on each other’s knowledge to develop and deliver high-performance memory solutions.

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Surge in Internet Connectivity Boosts Deployment of NVDIMMs across Data Centers

A TMR analyst said, “A surge in number of devices that can be connected via the internet has compelled data centers to stretch their limits and increasingly adopt next-generation technologies in a bid to enhance performance.” The endurance issues often associated with SSDs has led data centers to adopt NVDIMM technologies instead. This augurs well for the overall sales prospects of NVDIMMs globally.

Despite being at a budding stage, the adoption of NVDIMMs is expected to surge remarkably in the forthcoming years. NVDIMM is a technology that enables systems to function as desired in the event of a power failure or technical glitch. The data retention ability of NVDIMM enhances the input/output performance of myriad applications, thereby improving database acceleration and storage. The technology therefore eliminates the requirement of creating a distinct module to store emergency cache backup. It also provides power efficient ultracapacitors, which eliminate the need for batteries.

High Cost of NVDIMMs Limits their Proliferation around the World

In the forthcoming years, the proliferation of NVDIMMs is expected to rise across datacenters as they help in minimizing downtime. In contrast, issues related to storage density and high cost of NVDIMMs are inhibiting the market’s trajectory to an extent. The high cost puts NVDIMMs out reach for daily applications. This challenge will persist unless critical issues related to high spending on NVDIMM design are mitigated. “In order to become cost-competitive, the design process for NVDIMMs must be standardized and economies of scale must be achieved,” recommends the TMR analyst.

Extraordinary Spike in End-use Applications to Boost NVDIMM Sales in Near Future

With the end-use application base of NVDIMMs significantly increasing across storage platforms for mission critical applications, the leading enterprises have found a sound growth opportunity. Besides this, the widespread adoption of NVDIMM technology in order to develop uniform standards across data centers is also pushing the growth of the market. Conscious efforts are being made to establish NVDIMM as a standard technology to enable next-generation platforms benefit from plug-and-play technologies. Bolstered by such developments, NVDIMM sales are projected to surge exponentially during the forecast period between 2015 and 2021.

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By applications, the global NVDIMM market was led by the data centers and enterprise storage segment with a share of 86.4% in 2014. Over the course of forecast period, the application of NVDIMMs is expected to penetrate into sectors such as consumer electronics, medical electronics, and other. Regionally, North America led the global NVDIMM market in 2014, accounting for a share of 78.5%.

The global NVDIMM market stood at US$3.3 mn in 2014. Exhibiting an exceptional CAGR of 136.6% between 2015 and 2021, the market is expected to reach US$1.3 bn by the end of 2021.

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This release was published on openPR.