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

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

Status : October, 2020 | Semiconductor & Electronics | PPT format

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.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?