Press release

Next Generation Non-Volatile Memory Market Performance, Competitive Strategies and Forecast to 2025 | Samsung Electronics Co. Ltd

Next Generation Non-Volatile Memory Market Performance, Competitive Strategies and Forecast to 2025 | Samsung Electronics Co. Ltd

 

 
Global Next Generation Non-Volatile Memory Market: Snapshot

Next-generation non-volatile memory technologies continue to get wide attention among electronics manufacturer. In recent years, their applications have gained traction across a number of data centers and client computers. The push for non-volatile memory technologies stems from the need for scalability, rapid read-and-write performance, and simple structure. Furthermore, next-generation non-volatile memories allow for an easy incorporation with the complementary metal-oxide-semiconductor process. Recent advancements in spin logic devices and cache memory have spurred capital investments of manufacturing companies in a number of developing and developed nations. Several advantages of using non-volatile memory technologies for the main memory of computing system lead to significant reduction of power usage. Their application also makes systems adopt to new power saving modes, provide rapid recovery of the data after the system is resumed after a power off. In addition, they are increasingly found instrumental in providing stable computer architectures that can retain their state even when the power is off. In addition, they can fill the density gap between the memory and storage.

Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1025

The burgeoning data-centric applications in various enterprises world over, the growing prominence of mobile devices, and the growing popularity of Internet-of-things (IoT) are expected to provide an impetus to the evolution of the next-generation non-volatile memory market. High-performance and cost-effective emerging next-generation non-volatile memory technologies help to simplify memory hierarchy, incorporate non-volatility in logic circuits, and make way for novel applications such as in neuromorphic computing and hardware security. This also renders computing systems more secure, improve their performance, and make the memory easily scalable. Some innovative use of Next-generation non-volatile memory technologies are in making 3D stackable memory architecture

Global Next Generation Non-Volatile Memory Market: Overview

In this digital day and age, everything and anything is stored in the small memory chip of a given electronic device. From handheld devices to supercomputers, all common computing platforms use storage systems to store data temporarily or permanently. However, if the primary storage crashes or goes through a temporary breakdown, it is next to impossible to retrieve data. Here, non-volatile memory comes into play. Non-volatile memory is generally used for long-term persistent storage. Increased usage of smart devices including smartphones and tablets is fuelling the demand for next generation non-volatile memory. Hard disk, flash memory, and magnetic tape are the most common examples of non-volatile memory.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1025

On the basis of type, the market can be segmented into Ferroelectric RAM (FeRAM), Resistive RAM (RRAM), Phase-Change memory (PCM), Magneto-resistive RAM (MRAM), flash and spin-transfer torque RAM (STT-RAM). Based on application, the market can be segmented into energy and power distribution, industrial, automotive and transportation, healthcare, military and aerospace, telecommunication, consumer electronics, and enterprise storage.

In the report, TMR Research offers a detailed breakdown of drivers and restrictions in the global next generation non-volatile memory market. It also provides insight into the various segments and regions of the market.

Global Next Generation Non-Volatile Memory Market: Drivers and Restraints

The global next generation non-volatile memory market is growing due to innumerable factors, which include rise in the demand for mass storage and universal storage devices and escalating demand for fast, high scalable, and economical memory solutions. In addition, as traditional memory technologies are on a downswing, this is projected to be a key factor driving the development of new technologies, which are expected to provide efficient and faster storage methods. Increasing demand for next generation non-volatile memory in various industrial applications and as replacements for flash memory is likely to subsequently provide new opportunities for market growth in the given period. High demand for wearable and flexible electronics may also offer new avenues for industry growth. However, high designing cost is expected to limit the growth of the market in the forecast period.

The MRAM product segment is a key contributor to the market, and is expected to account for a large market share over the forecast period. Enterprise storage is projected to hold a significant share in the market in the years to come due to increase in the adaptation of STT-MRAM and PCM memory. In terms of application, consumer electronics is expected to hold a key position in the market. The prominent vendors in the telecommunication industry will be extensively using next generation non-volatile memory to provide their customers an enhanced experience, thus fuelling the market growth.

Global Next Generation-Non Volatile Memory Market: Regional Analysis

Geographically, the global next generation non-volatile memory market can be classified into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Due to the presence of key market players operating in developing economies such as South Korea, Japan, China, and India, Asia Pacific is expected to hold a large share in the forecast period. Furthermore, due to rising demand for smart devices such as tablets and smartphones, the market in this region will grow exponentially in the years to come.

Global Next Generation Non-Volatile Memory Market: Key Players

The report profiles prominent players in the global next generation non-volatile memory market based on various attributes such as financial overview, business strategies, company overview, and recent developments. Some of the key players are Samsung Electronics Co. Ltd, Adesto Technologies, Everspin Technologies, Intel Corporation, Crossbar Inc., Fujitsu Ltd, IBM Corp, Micron Technology, and Toshiba Corporation.

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...