Emerging Memory Technologies Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028

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Emerging Memory Technologies Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2028

Increasing demand for high-end devices and increasing need for time saving in data transferring are some key factors driving market revenue growth

According to the most recent analysis by Emergen Research, the global market for emerging memory technologies had a value of USD 4.17 billion in 2020 and is projected to grow at a rate of 30.7% over the forecast period. Between 2021 and 2028, market revenue growth is anticipated to be supported by factors such as rising demand for high-end devices and rising demand for data transmission efficiency. Additionally, rising universal memory device demand will boost market revenue growth in the next years. Inefficient memory technologies are a key issue with outdated storage devices, and better memory technologies are required to address this issue. It can be problematic if a user stores too much data because it might erase or replace earlier data. The universal memory device offers a clever

In comparison to volatile memory solutions, non-volatile emerging memory technologies have significantly more commercial traction. This is because non-volatile memory have the intrinsic ability to retain data without the use of power. In 2012, FeRAM (ferroelectric RAM), MRAM (magneto-resistive RAM), and PCM (phase change memory) had a sizable market share among all non-volatile developing memory options. ReRAM (resistive RAM) and CBRAM are two other new memory technologies (conductive bridging RAM).

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In 2012, Europe was the second-largest market after North America. Important trends in the North American region include the rise in demand for memory technologies giving lower cost per bit and the demand for quicker mobile memory chips. Due to rising market volatility and falling average selling prices for existing memories, Europe saw an increase in the use of next-generation memory technologies. As a result, demand in more environmentally friendly memory solutions has increased. Demand from China, South Korea, and Japan is driving growth in the Asia-Pacific area.

Key Highlights from the Report

  • Non-volatile memory segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increased need for high-speed data transfer and ability of non-volatile memory to store data and operate without power or electricity.
  • North America market is expected to register a considerably large revenue share in the global emerging memory technologies market over the forecast period due to rapidly growing IT industry in the countries in the region.

Major companies in the market report include Samsung Electronics Co. Ltd., Intel Corporation, International Business Machines (IBM) Corporation, SK Hynix Inc., Toshiba Corporation, Fujitsu Ltd., NEC Corporation, Micron Technology Inc., Powerchip Technology Corporation, and Macronix International Co. Ltd.

Emergen Research has segmented global emerging memory technologies on the basis of technology, application, and region:

Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Volatile Memory
    1. Zero Capacitor Ram (ZRAM)
    2. Dynamic Random-Access Memory (DRAM)
    3. Static Random-Access Memory (SRAM)
    4. Hybrid Memory Cube (HMC)
    5. High-bandwidth Memory (HBM)
  • Non-Volatile Memory
    1. Magnetic Ram (MRAM)
    2. Phase Change Memory (PRAM)
    3. Ferroelectric Ram (FRAM)
    4. Resistive Random-Access Memory (RRAM)
    5. Spin-Transfer Torque Random-Access Memory (STT-RAM)
    6. 3D XPoint
    7. Flash Memory or Electronically Erasable Programmable Read-Only Memory (EEPROM)
  • NOR Flash Memory
  • NAND Flash Memory

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Computers
  • Consumer Electronics
  • Communication
  • Automotive
  • Industrial
  • Others

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Regional Outlook (Revenue, USD Billion; 2018–2028)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research | Web: www.emergenresearch.com

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