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Nonvolatile Random Access Memory (NVRAM) Market: Global Forecast over 2017 - 2025

08-21-2017 07:03 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Nonvolatile Random Access Memory (NVRAM) Market: Global

Nonvolatile Random Access Memory (NVRAM) Market: Drivers and Challenges

The demand for high performance with reliability and endurance in mobile devices promises significant growth opportunity for Nonvolatile Random Access Memory Market. The growing demand of smartphones in developing countries such as India and China is expected to drive the growth of non-volatile random access memory market. Moreover, it provide excellent performance when compared to other non-volatile memory products is one of the major driver of NVRAM.

NVRAM requires a battery that will eventually need to have the battery replaced which is expected to hinder the growth of the market in the near future.

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Nonvolatile Random Access Memory (NVRAM) Market: Segmentation

On the basis of type, the NVRAM market is segmented into SRAM, MRAM and FRAM.

On the basis of end-use application, NVRAM market is segmented into communication industry, computer /IT sector, consumer electronics industry, automotive sector and others. Consumer electronics industry can be further sub-segmented into PCs, laptops, smartphones, and tablets.

On the basis of vertical, NVRAM Market can be segmented into BFSI, retail, telecommunication, healthcare, media and entertainment, military and others.

On the basis of region, NVRAM Market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

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Nonvolatile Random Access Memory (NVRAM) Market: Regional Outlook

Asia Pacific is expected to be the largest market of global NVRAM market, due to increasing popularity of mobile devices across the developing countries, followed by North America as majority of NVRAM companies such as Cypress Semiconductor Corporation, Maxim Integrated and Everspin Technologies Inc are based in North America region and they are also investing in the field of NVRAM of local market. Further, the market is expected to witness higher growth in regions such Europe and Middle East.

Key Market Players:

Some of the key players of Nonvolatile Random Access MemoryMarket are: Cypress Semiconductor Corporation, Nantero, Everspin Technologies Inc, Maxim Integrated, STMicroelectronics, Texas Instruments Incorporated., Adesto Technologies Corporation, Inc., ON Semiconductor, and Schneider Electric.

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About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor 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.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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