Next Generation Memory Markets, 2026 – Focus on MRAM, FRAM, ReRAM, 3D Xpoint, Nano RAM, volatile, HMC, HBM
DUBLIN, June 1, 2021 / PRNewswire / – “Next Generation Memory Market by Technology, Application and Geography – Global Forecast to 2026” the report was added to ResearchAndMarkets.com from offer.
The next-generation memory market is expected to grow at a rate of 29.3% CAGR by 2026.
Next-generation memory is an advanced storage technology that is used in the field of computing. The emergence of new technologies such as big data, the Internet of Things and artificial intelligence has increased the demand for highly accessible devices compatible with these technologies.
Next-generation memory has various applications such as mobile phones, mass storage, consumer electronics, aerospace, and defense. A drastic increase in technological development and huge data generation has dramatically increased the demand for advanced memories capable of handling huge data in an efficient, cost effective and adaptable manner. T
Next generation memory is the memory compatible with almost all end user requirements. Next-generation memory offers various advantages, including lower power consumption and very fast operation compared to existing memory technologies. However, inadequate stability under severe environmental conditions is a key factor in restraining the growth of the next generation memory market.
The factors driving the non-volatile technology market include the penetration of Internet of Things, smart nation applications, and digital countries producing huge volumes of data needed to store and analyze efficiently to improve the mode of life and the company’s business. In addition, the non-volatile technology is highly reliable and can be programmed using a simple microcomputer.
The consumer electronics segment is estimated to lead the market share during the forecast period. Consumer devices are getting smarter thanks to continuous technological advancements. Artificial intelligence-based applications have driven up demand for inexpensive, high-cost storage and faster processors. The next generation memory market is experiencing major growth as the demand for high-end memory increases exponentially, due to consumer interest.
Asia Pacific region occupies the largest share of the next generation memory market. This is due to their enormous reach in different applications. This can mainly be attributed to the high usage of consumer electronics, especially smartphones, tablets and laptops, in this region, resulting in high demand for consumer electronics.
Few of the factors driving the global next-generation memory market are the growing demand for fast, cost-effective and efficient memory solutions, which have increased the need for next-generation memory around the world.
The demand for advanced memory technologies has increased with the growing market for electronic gadgets and the increasing needs for data storage. The proliferation of the global tablet and smartphone market is fueling the mobile dynamic random access memory (RAM) market. The demand for next-generation memory is also increasing around the world.
- Comparative analysis of competitors
- Market Developments
- Mergers and acquisitions, legal, rewards, partnerships
- Product launch and execution
- Adesto Technologies Corporation, Inc.
- Samsung Electronics Co., Ltd.
- The International Business Machines Corporation (IBM)
- SK Hynix Inc.
- Toshiba Corporation
- Micron Technology, Inc.
- SanDisk Company
- Fujitsu Ltd.
- Cypress Semiconductor
Scope of the report
Next Generation Memory Market by Technology
- Magneto-resistive random access memory (MRAM)
- Ferroelectric RAM (FRAM)
- Resistive Random-Access Memory (ReRAM)
- Xpoint 3D
- Nano RAM
- Other non-volatile technologies
- Cube hybrid memory (HMC)
- High Bandwidth Memory (HBM)
Next Generation Memory Market By Application
- Consumer electronics
- Computer science
- Other applications
Main topics covered:
2. Industry outlook
4. Market characteristics
5. Technology: size and market analysis
6. Application: market size and analysis
7. Geography: market size and analysis
8. Competitive landscape
9. Supplier profiles
Adesto Technologies Corporation, Inc.
Samsung Electronics Co., Ltd.
The International Business Machines Corporation (IBM)
SK Hynix Inc.
Micron Technology, Inc.
Cypress Semiconductor Corporation
10. Analyst opinion
For more information on this report, visit https://www.researchandmarkets.com/r/s74jhv
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