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Next Gen Memory Market to Achieve Significant Growth in the Near Future

Press release   •   Feb 13, 2019 12:03 IST

Next Gen Memory Market to 2027

Next Gen Memory Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

The global next gen memory market accounted to US$2,281.0 Mn in 2017 and is expected to grow at a CAGR of 29.5% during the forecast period 2018 - 2027, to account to US$ 26,568.9 Mn by 2027

The rapidly expanding technology development coupled with humongous production of data has critically increased the demand of memories that are not only capable of handling large data efficiently but are also cost-effective and scalable. The next generation memory is something that fits into almost all these demands of the end-users. These type of memory technology offers relatively exclusive benefits to the industry players as they use less power and operate much faster than the already existing memory technologies. Apart from its speed and sustainability, the next generation memories are offer better endurance, have erase–free functions and are bit-alterable. With these advancements, the next-generation memory has already taken a prime space in the memory market by mooning over other traditional memory technologies.

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Key Benefits-

•To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Next Gen Memory Market

•To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Major and smaller players are trying to come up with innovative solutions and strategic partnerships as well as different business models to attract a large base of customers. The major companies operating in the market include Advanced Micro Devices, Inc., Cypress Semiconductor Corporation, Fujitsu Limited, Intel Corporation, Microchip Technology Incorporated, Micron Technology, Inc., NXP Semiconductors N.V., Samsung Electronics Co. Ltd., SK Hynix Inc., and Toshiba Corporation.

Large number of next generation memory technologies are under development which promise to meet the growing demand of consumer electronics and enterprise storage systems and applications. Smart phone and other consumer electronics OEMs in particular are looking for the next big competitive advantage, and all signs point to new memory technologies as the most powerful choice. The traditional memories, DRAM and NAND, are falling off Moore's law and therefore research and development is going on for new memory devices.

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The market for next gen memory globally has been segmented into two major segments including type and application. The type segment is fragmented by volatile and non-volatile memory. The non-volatile memory is further segmented into FRAM, MRAM, ReRAM, phase-change memory, Nano RAM, and others. The application segment is sub-divided into consumer electronics, industrial, automotive & transportation, enterprise storage, military & aerospace, healthcare, it & telecom, and others. Further, the next gen memory market has been segmented on the basis of end-users into listed companies, private firms, charity, and others. The analysis for the market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM) is also provided in the next gen memory market report. On the basis of geography, the next gen memory market is presently dominated by APAC in terms of market share.

Major Factors about the Report:

• Global Next Gen Memory Market Overview
• Economic Impact on Market
• Market Competition
• Global Next Gen Memory Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast

Table of Contents

1. INTRODUCTION 15
1.1 SCOPE OF THE STUDY 15
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 15

2. KEY TAKEAWAYS 17

3. NEXT GEN MEMORY MARKET LANDSCAPE 18
3.1 MARKET OVERVIEW 18
3.3 MARKET SEGMENTATION 19
3.3.1 Global Next gen memory Market - By Type 20
3.3.2 Global Next gen memory Market - By Application 20
3.3.3 Global Next Gen Memory Market - By Geography 20
3.4 PEST ANALYSIS 22
3.4.1 North America - PEST Analysis 22
3.4.2 Europe PEST Analysis 24
3.4.3 Asia Pacific - PEST Analysis 25
3.4.4 Middle East and Africa - PEST Analysis 27
3.4.5 South America - PEST Analysis 28

4. NEXT GEN MEMORY MARKET - KEY INDUSTRY DYNAMICS 30
4.1 KEY MARKET DRIVERS 30
4.1.1 Increasing need for advanced features gaining significant traction from various industries 30
4.1.2 Rising penetration of IoT technology to accelerate the demand for next generation memories 30
4.1.3 Higher consumption of non-volatile next generation memories to drive the over-all market 30
4.2 KEY MARKET RESTRAINTS 31
4.2.1 Cost is the key challenge possessed by the market 31
4.2.2 Manufacturing challenges in the market might impact the demand-supply equilibrium 31
4.3 KEY MARKET OPPORTUNITIES 31
4.3.1 Increasing penetration of autonomous cars to generate growth opportunity for next generation memories 31
4.4 FUTURE TRENDS 32
4.4.1 The next generation memories’ application in storage-class memories 32
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 33

5. NEXT GEN MEMORY - GLOBAL MARKET ANALYSIS 34
5.1 GLOBAL NEXT GEN MEMORY MARKET OVERVIEW 34
5.2 GLOBAL NEXT GEN MEMORY MARKET FORECAST AND ANALYSIS 35

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