Numerous benefits offered by NVDIMMs in the fields of speed, endurance, I/O performance, latency, speed, data retention, and endurance, are the key factors fuelling the adoption of NVDIMMs across enterprise applications. As NVDIMMs enable retention of data even when electric power is disconnected from a data server or data storage product, they are used to improve the endurance and time required for recovery from system crash of solid state drives (SSDs) as well as enhance reliability and data security of data storage devices.
Surge in Internet Connectivity Boosts Deployment of NVDIMMs across Data Centers
“A surge in number of devices that can be connected via the internet has compelled data centers to stretch their limits and increasingly adopt next-generation technologies in a bid to enhance performance.” The endurance issues often associated with SSDs has led data centers to adopt NVDIMM technologies instead. This augurs well for the overall sales prospects of NVDIMMs globally.
Despite being at a budding stage, the adoption of NVDIMMs is expected to surge remarkably in the forthcoming years. NVDIMM is a technology that enables systems to function as desired in the event of a power failure or technical glitch. The data retention ability of NVDIMM enhances the input/output performance of myriad applications, thereby improving database acceleration and storage. The technology therefore eliminates the requirement of creating a distinct module to store emergency cache backup. It also provides power efficient ultracapacitors, which eliminate the need for batteries.
Extraordinary Spike in End-use Applications to Boost NVDIMM Sales in Near Future
With the end-use application base of NVDIMMs significantly increasing across storage platforms for mission critical applications, the leading enterprises have found a sound growth opportunity. Besides this, the widespread adoption of NVDIMM technology in order to develop uniform standards across data centers is also pushing the growth of the market. Conscious efforts are being made to establish NVDIMM as a standard technology to enable next-generation platforms benefit from plug-and-play technologies. Bolstered by such developments, NVDIMM sales are projected to surge exponentially during the forecast period between 2015 and 2021.
The global non-volatile dual in-line memory module (NVDIMM) market for is examined in detail in a recent market research report recently published by Transparency Market Research. The report states that the rapidly rising use of NVDIMMs in enterprise servers and data storage products will significantly propel the market in the coming years. The market is expected to exhibit expansion at an unprecedented 136.6% CAGR between 2015 and 2021, rising from a mere US$ 3.3 mn worth in 2014 to US$1,316.3 mn by 2021.The report is titled “Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021”
Browse the full Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021 report at http://www.transparencymarketresearch.com/nvdimm-market.html
- Despite being at nascent stage, global NVDIMM market to exhibit 6% CAGR between 2015 and 2021
- Data centers and enterprises reported highest deployment of NVDIMMs in 2014
- Increasing internet connectivity to boost sales of NVDIMMs
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