3D XPoint Technology Market Worth USD 5.0 Billion by 2022 at 13.5% of CAGR | Top Global Leaders: Intel Inc. (U.S.), Micron (U.S.)

3D XPoint Technology Market - Overview
3D Xpoint Technology is a Game-Changer for the memory market. It is the latest technology which uses floating gate memory technology that is used to trap electrons to store bits of information. This technology has achieved a breakthrough by achieving fastest speed and best performance in the market. 3D Xpoint Technology provides non- volatile memory in which the data remains intact even when the power goes off, making it a great choice for storage. In the existing market non-volatile memories are available but the 3D Xpoint Technology surprises the industry with better storage memory that is fast, inexpensive and non-volatile. Now the processors can work much faster, rather than at a fraction of its potential. 3D Xpoint Technology delivers up to 10x more performance than NAND across a PCIe and NVMe interface. 3D Xpoint Technology is 1000 times faster, durable and delivers 1000 times more density. These factors would drive the 3D Xpoint Technology Market vigorously by the forecast period.

According to a recent study report published by the Market Research Future, The global market of 3D Xpoint Technology is expected to reach USD ~ 5 Billion by 2022 with ~13.5 % CAGR during forecast period 2017-2022. Cost and performance are two main factors that drive implementation of new technology. Like 3D NAND, 3D XPoint has a significant scope for reducing costs over the next few years, according to MRFR. With continuous development, 3D Xpoint Technology would have a moving target to reduce the cost to the level that makes it significant and, at the same time, useful in the market.

Micron Technology is developing 3D XPoint technology under the QuantX brand and is currently in the market enablement phase. It is looking at ways to make this technology add value in some reasonably sized markets like storage and server and place it in high-performance markets where DRAM’s scaling capability is slowing. The technology would start contributing toward the revenues. MRFR Analyst expects 3D XPoint to account for a great deal of revenues during the forecast period.

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3D XPoint Technology Market- Key Players
Although in its infancy stage; the global market of 3D XPoint Technology demonstrates high growth prospect which is turn is attracting several new entrants to the market which is apparently anticipated to intensify the market competition. 3D XPoint Technology market appears to be highly competitive and fragmented due to the presence of key players with the global presence. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. The study indicates large investments by multinational companies and startup emerging.

Profiled in MRFR Analysis some of the prominent players in the 3D XPoint Technology market are – Intel Inc. (U.S.), Micron (U.S.).

3D XPoint Technology Market - Segment
3D XPoint Technology Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Storage Type: Comprises 750GB, 1.5 TB.
Segmentation By End-User: Comprises Telecommunication, Consumer electronics, Automotive & Transportation, Healthcare, Retail, Enterprise Storage, Military & Aerospace, Energy & Power, Agricultural, and others.
Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

3D XPoint Technology Market - Synopsis
While Micron Technology (MU) is still in the enablement phase, 3D Xpoint technology targeted at the data center market. MRFR expects 3D Xpoint Technology to generate a substantial percentage of its memory revenues in 2017.

Owing to the marketers assertion that the 3D XPoint technology can speed up machine learning tasks like fraud detection, retail purchase recommendations, and autonomous driving. Marketers are looking to offer this chip along with its data center products to make them more attractive and competitive with Nvidia’s (NVDA) Tesla GPUs (graphics processing units) used in AI (artificial intelligence).

Marketers are claiming that manufacturing of 3D XPoint chips is material intensive and involves several steps. Although it can be manufactured in conventional plants, achieving higher yield is difficult.
The 3D XPoint Technology Market is expected to grow at USD ~5.0 Billion by 2022, at ~13.5% of CAGR between 2016 and 2022.

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3D XPoint Technology Market - Regional Analysis
The regional analysis of 3D XPoint Technology is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been estimated that North America region would dominate the market in the early phase. But due to high demands from the consumer electronics sector in the Asia-Pacific region the study predicts that Asia-Pacific region especially countries like China, Japan, Korea and India might show a sudden hike in the 3D XPoint Technology market by the forecast period.

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This release was published on openPR.