The global emerging memory technologies market size reached USD 4.17 Billion in 2020 and is expected to register a revenue CAGR of 30.7% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for high-end devices and increasing need for time saving in data transferring are factors projected to support market revenue growth between 2021 and 2028. In addition, increasing demand for universal memory devices will boost revenue growth of the market in future.Data overwriting is a major problem in old storage devices, and better memory technologies are needed to resolve this challenge. If excess data is stored by a user, it can be problematic because it could result in erasing or overwriting older data. Universal memory device provides a smart solution to this problem. Universal memory devices store data as fast as Static Random-Access Memory (SRAM), while reducing power consumption as compared to that consumed by SRAM. The use of universal memory devices in data centers has become increasingly popular due to the cost-effectiveness and durability of Dynamic Random Access Memory (DRAM) as well as flash memory that is non-volatile, which makes the devices more durable in the long term. These are some major factors driving revenue growth of the global emerging memory technologies market.
The Global Emerging Memory Technologies Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Emerging Memory Technologies industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Emerging Memory Technologies market along with crucial statistical data about the Emerging Memory Technologies market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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Key companies operating in the Emerging Memory Technologies market 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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Emerging Memory Technologies market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Emerging Memory Technologies Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Emerging Memory Technologies Market Segmentation:
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Volatile Memory
- Zero Capacitor Ram (ZRAM)
- Dynamic Random-Access Memory (DRAM)
- Static Random-Access Memory (SRAM)
- Hybrid Memory Cube (HMC)
- High-bandwidth Memory (HBM)
- Non-Volatile Memory
- Magnetic Ram (MRAM)
- Phase Change Memory (PRAM)
- Ferroelectric Ram (FRAM)
- Resistive Random-Access Memory (RRAM)
- Spin-Transfer Torque Random-Access Memory (STT-RAM)
- 3D XPoint
- Flash Memory or Electronically Erasable Programmable Read-Only Memory (EEPROM)
- NOR Flash Memory
- NAND Flash Memory
- Volatile Memory
Application Outlook (Revenue, USD Billion; 2018–2028)
- Computers
- Consumer Electronics
- Communication
- Automotive
- Industrial
- Others
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
Emerging Memory Technologies Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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