The global market for Next Generation Non Volatile Memory is estimated at US$9.3 Billion in 2023 and is projected to reach US$41.6 Billion by 2030, growing at a CAGR of 23.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the next-generation non-volatile memory market is driven by several factors, including the increasing demand for high-performance computing, advancements in data-intensive applications, and the limitations of existing memory technologies. As applications like AI, big data analytics, and IoT generate massive amounts of data, there is a growing need for memory solutions that can offer higher speed, greater endurance, and better scalability. Traditional memory technologies are reaching their performance and scaling limits, necessitating the adoption of next-generation NVM solutions. The rising demand for energy-efficient memory solutions, particularly in mobile and wearable devices, is also propelling market growth. Additionally, significant investments in research and development by leading technology companies and the growing emphasis on enhancing data storage infrastructure are expected to further drive the adoption and development of next-generation non-volatile memory technologies.
The growth in the next-generation non-volatile memory market is driven by several factors, including the increasing demand for high-performance computing, advancements in data-intensive applications, and the limitations of existing memory technologies. As applications like AI, big data analytics, and IoT generate massive amounts of data, there is a growing need for memory solutions that can offer higher speed, greater endurance, and better scalability. Traditional memory technologies are reaching their performance and scaling limits, necessitating the adoption of next-generation NVM solutions. The rising demand for energy-efficient memory solutions, particularly in mobile and wearable devices, is also propelling market growth. Additionally, significant investments in research and development by leading technology companies and the growing emphasis on enhancing data storage infrastructure are expected to further drive the adoption and development of next-generation non-volatile memory technologies.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the MRAM segment, which is expected to reach US$22.7 Billion by 2030 with a CAGR of a 24.6%. The PCM segment is also set to grow at 21.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.7 Billion in 2023, and China, forecasted to grow at an impressive 23.0% CAGR to reach $6.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Next Generation Non Volatile Memory Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Next Generation Non Volatile Memory Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Next Generation Non Volatile Memory Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Applied Materials, Inc., Capres A/S, Everspin Technologies Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 61 Featured):
- Applied Materials, Inc.
- Capres A/S
- Everspin Technologies Inc.
- Canon ANELVA Corporation
- Avalanche Technology
- 4DS Memory Ltd.
- Crossbar Inc.
- Crocus Nanoelectronics
- Cobham Advanced Electronic Solutions, Inc.
- Antaios
- Blueshift Memory
- Advanced Memory Technology
- Fraunhofer Institute for Photonic Microsystems IPMS Center Nanoelectronic Technologies (CNT)
- DXCorr Design Inc
- California Memory Technologies - MEMTECH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Applied Materials, Inc.
- Capres A/S
- Everspin Technologies Inc.
- Canon ANELVA Corporation
- Avalanche Technology
- 4DS Memory Ltd.
- Crossbar Inc.
- Crocus Nanoelectronics
- Cobham Advanced Electronic Solutions, Inc.
- Antaios
- Blueshift Memory
- Advanced Memory Technology
- Fraunhofer Institute for Photonic Microsystems IPMS Center Nanoelectronic Technologies (CNT)
- DXCorr Design Inc
- California Memory Technologies - MEMTECH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 322 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.3 Billion |
| Forecasted Market Value ( USD | $ 41.6 Billion |
| Compound Annual Growth Rate | 23.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
