Next gen memory Market New Industry Research On Present State & Future Growth Prospects to 2027

(EMAILWIRE.COM, February 08, 2019 ) 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.

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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 eraseÂ–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.

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.

Leading Key Players

1. Advanced Micro Devices, Inc.
2. Cypress Semiconductor Corporation
3. Fujitsu Limited
4. Intel Corporation
5. Microchip Technology Incorporated
6. Micron Technology, Inc.
7. NXP Semiconductors N.V.
8. Samsung Electronics Co. Ltd.
9. SK Hynix Inc.
10. Toshiba Corporation

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 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.

Table of Content: -

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

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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com

Source: EmailWire.com