Next Generation Memory Technologies Market Report 2019

Next generation memory technologies incorporate developing memory solutions that have been presented in the market in the past or are predicted to be launched during the forecast horizon 2013-2019. These memories are in competition with older generation memory technologies, such as, DRAM, flash, and SRAM in terms of pace, scalability, and expense. Next generation memory technologies are developing rapidly, with a few players showing compelling demand for numerous product categories.

Traditional memories have made a ton of progress, but there is a huge scope for improvement. The business is continually searching for approaches to lessen power utilization, expand thickness, and create distinctive architectures. This has prompted investigation into more advanced memory solutions. The global next generation memory technologies market has gained noteworthy momentum as of late because of rising demand for quicker, exceedingly versatile, and cost-efficient memory solutions. Present memory solutions such as flame and DRAM are soon anticipated to strike scalability limits.

This has brought about momentous product improvement in the memory solutions market. There is an expanding requirement for a universal memory solution that can cater to numerous application zones with the same efficacy. Till date, the business for next generation memories has been smaller in comparison with DRAM and flash. Newer memories still linger behind on the basis of adaptability and thickness of NAND; in any case, the chip thickness of these memories is predicted to be enhanced in the following couple of years. This would fuel its reception in a few more current applications. Product pricing would be a critical component while rivaling more established memories such as DRAM and flash.The global next generation memory technologies market was estimated at US$207.8 million in 2012 and is expanding at a CAGR of 46.1% between 2014-2020

Non-Volatile Emerging Memory: Most Swiftly Growing Solution in the Next Generation Memory Technologies Market

Products in the global next generation memory technologies market have been classified into volatile and non-volatile emerging memories. Significant demand for non-volatile rising emerging memory solutions in comparison with volatile memory solutions is a strong trend in the next generation memory technologies market. This is because of an innate advantage offered by non-volatile memories: maintenance of information without the need of power. In between all non-volatile emerging memory solutions, FeRAM (ferroelectric RAM), MRAM (magneto-resistive RAM), and PCM (stage change memory) had substantial market shares in 2012.

Other rising memory technologies include ReRAM (resistive RAM) and CBRAM (conductive spanning RAM). With expanding reception of MRAM and PCM, cache memory and enterprise stockpiling is foreseen to be the biggest market segment by application for next generation memory technologies. Utilization of emerging memories is anticipated to enhance the input/output (I/O) execution of enterprise storage systems, which are among the major developing sectors in the networking world.

North America Next Generation Memory Technologies Market: Outstanding as the Most Dominant Market

The global next generation memory technologies market, based on geography, is segmented into North America, Europe, Asia Pacific, and Rest of the world. Followed by Europe, North America was the biggest market in 2012. Increase in demand for memory innovations offering lower expense per bit and demand for quicker portable memory chips are significant patterns in the region of North America. Europe experienced development in next generation memory technologies because of expanding instability in the market and decrease in average selling costs for existing memories. This has prompted an increase in demand for more economical memory options. Development in the Asia Pacific area is driven by demand from Japan, China, and South Korea.

Some of the key players in the next generation memory technology market are Micron Technology, Inc., Everspin Technologies, Inc., SK Hynix Inc., Avalanche Technology Inc., Cypress Semiconductor Corporation, Adesto Technologies Corporation Inc., Samsung Electronics Co., Ltd., Crossbar Inc., Winbond Electronics Corporation, and Fujitsu Ltd.

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