Non-volatile Memory Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

  • Single User License $3500

Non-volatile Memory Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : January, 2022 | Semiconductor & Electronics

Report Digest


Global Non-volatile Memory Market: Overview               

Non-Volatile memory or NVM is a different kind of computer memory that has been programmed to recover stored data and information even after being switched off and back on. A few examples of non-volatile memory are punched cards, paper tape, optical discs, magnetic tape, floppy discs, hard disk drives, ferroelectric RAM, flash memory, and read-only memory. This special type of memory is specifically employed for the purpose of a long-term persistent storage or secondary storage. The most commonly employed form of primary storage at present is an instable form of RAM or random access memory, which means that when the computer is turned off, all the contents stored in the random access memory is lost. Nevertheless, several different types of non-volatile memory have certain limitations that tend to make them an unsuitable option for usage as a primary storage mode. Usually, the cost of non-volatile memory is more and also its performance is low. Moreover, its endurance is also lower than volatile RAM. 

Recently, leading companies such as Intel has started shipping different, innovative storage drives which is based on the 3D XPoint non-volatile memory technology targeted towards the workloads which are data driven. 

Global Non-volatile Memory Market: Trends and Opportunities 

The global market for non-volatile memory is largely driven by the growing demand for easy and fast access along with rising need for low power consuming memory devices. This has impacted the led to an expanded consumption of NVM particularly in the industries such as healthcare, automotive, and consumer electronics. Henceforth, the global non-volatile memory market is likely to expand at a moderate rate over the coming years owing to the facilities such as optimized consumption of power and high speed access of data. However, the growth of the market is likely to be inhibited by its limited storage capability and substantially low rate of write endurance. Regardless of the several challenges, market vendors can expect opportunities from the rising demand for non-volatile memory in flexible electronics and the emergence of innovative and advanced storage techniques such as NRAM, SONOS, MRAM, and 3D XPoint. 

Different types of NVM such as embedded non-volatile memory and traditional non-volatile memory. The market for 3D and 2D NAND is likely to be extensively be driven by the growing demand for Flash memories in the section of consumer electronics due to properties such as low consumption of power and low price. 

Global Non-volatile Memory Market: Market Potential 

One of the leading companies in data, Everspin, introduced a new type Spin Torque MRAM over a PCIe card. The first of its kind, the new and innovative nvNITRO E range is expected to be half length and half height PCIe card which will work as an NVMe solid disk or as a MMIO. These types of card entitle 1,500,000 IOPS with an end-to-end latency of six microsecond. 

Global Non-volatile Memory Market: Regional Outlook 

The global market for non-volatile memory market can be segmented into North America, Asia Pacific, Europe, and the Rest of the World. It has been expected that Asia Pacific will account for a significant share in the global market due to the growing number of data centers and rising manufacturing of consumer electronics and automotive. 

Global Non-volatile Memory Market: Competitive Landscape 

Some of the leading companies in the market are Micron Technology Inc., Fujitsu Ltd., Sandisk Corporation, Sidense Corporation, Intel Corporation, Samsung Electronics Co., Ltd., Kilopass Technology Inc., Crossbar Inc., Viking Technology, and Adesto Technologies Corporation.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?