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Magneto Resistive Ram Market – Actionable Insights and Recommendation 2017 - 2025

12-08-2017 01:39 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Magneto Resistive Ram Market – Actionable Insights

Magneto Resistive RAM is a process of storing data bits, by using magnetic charges as an alternative to the electrical charges, which is being used by dynamic RAM. The device is used to improve electronic products, and assist electronic product to store huge amount of data, ensures fast accessing speed while consuming less battery power than that of existing electronic memory.

Magneto Resistive RAM is the result of an amalgamation of advantages of both dynamic RAM and static RAM. Magneto Resistive RAM adopted density feature from DRAM and high reading and writing speed from SRAM.

The global Magneto Resistive RAM market is foreseen to witness huge incremental growth as a non-volatile solid state memory and is anticipated to replace other alternatives such as EEPROM, flash memory.

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Increase in demand for wearable electronics is the major factor attributing to drive the demand for Magneto Resistive RAM in forth coming years. Also, continuous research and development in wearable consumer electronic is another factor spurring the market growth.

Owing to various physical characteristics such as easy operability in high temperature and can easily resist under high radiation are anticipated to increase the product application in aerospace and military sector.

The North American region is anticipated to capture largest market share regarding revenue owing to the presence of major players paired with the escalating research & development activities in North America region. Further, the imperative demand to cater emerging need of fast computing, enhancing scalability and lesser power consumption, is anticipated to fuel the demand for Magneto Resistive RAM.

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The Asia Pacific region is anticipated to witness the fastest-growth rate, due to the developments and advancements, in data centers infrastructures, backed by the growing penetration of internet usage and cloud computing. Also, The Asia-Pacific countries such as China & India has increased in the number of memory manufacturers, due to ease availability of raw material and cheap labor.

Some of the prominent players in the Magneto Resistive RAM market include Everspin Technologies Inc., Samsung Electronics Co. Ltd., NVE Corporation, Spin Transfer Technologies, Honeywell International Inc., Toshiba Corporation and Avalanche Technology Inc.

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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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