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Global non-volatile memory market size is expected to reach $260.43 bn by 2028 at a rate of 30.7% segmented as by type, flash memory, eprom, fram, 3d-x point, nram, other types
... be an undeniable force in near future Beginning &usage of NRAM will give rise to instant ON computers REFERENCES 10 Emerging ... Memory solutions ...
Next-Generation Memory Market by Technology (Volatile (HMC and HBM), and Nonvolatile (MRAM, FRAM, RERAM, 3D XPoint, NRAM)), Wafer Size (200 mm, 300 mm, and 450 mm), Application, and Geography
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Next-Generation Memory Market by Technology (Volatile (HMC and HBM), and Nonvolatile (MRAM, FRAM, RERAM, 3D XPoint, NRAM)), Wafer Size (200 mm, 300 mm, and 450 mm), Application, and Geography
According to the new research report "Non-Volatile Memory Market by Type (Flash (NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM, FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), End-User Industry, and Geography - Global Forecast to 2022", the non-volatile memory market is expected to be worth USD 82.03 Billion by 2022, at a CAGR of 9.50% between 2017 and 2022. The growth of this market is mainly driven by the need for high-speed, low-power-consuming, and highly scalable memory devices as well as the growing demand for non-volatile memory in connected and wearable devices.
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The Asia Pacific region is expected to be one of the key markets for non-volatile memory in the future, owing to the varied applications of non-volatile memory. The market growth can be attributed to the region's high population density, making it a high-potential market for consumer electronic products. The increasing demand for non volatile memory (NVM) in consumer electronic products is driving the market in Asia Pacific. The Asia Pacific region comprises some of the leading countries in the field of electronics, such as China, Japan, Taiwan, and India. The region is a hub for significant semiconductor and electronics manufacturing. This is one of the vital factors fueling the market in the region.
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The growth of the non-volatile memory market can be attributed to the increasing demand for non-volatile memory in connected and wearable devices and growing requirement for highly scalable memory devices that offer high speed and have low power consumption.
The non-volatile memory market is projected to grow from USD 74.6 billion in 2022 to USD 124.1 billion by 2027; it is expected to grow at a CAGR of 10.7% from 2022 to 2027.
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The global non-volatile memory market is expected to grow from $56.03 billion in 2020 to $62.48 billion in 2021 at a compound annual growth rate (CAGR) of 11.50%.
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According to a new report Global Non-Volatile Memory Market (2016-2022), the market is expected to attain a market size of $81.3 billion by 2022, growing at a CAGR of 10.3% during the forecast period. Full report: https://kbvresearch.com/global-non-volatile-memory-market/ Contact us: 244 Fifth Avenue, Suite 1407 New York, N.Y. 10001 United States (U.S) Tel: +1 (646) 661-6066 Email : info@kbvresearch.com Like us: https://www.facebook.com/kbvresearch/ Tweet us: https://twitter.com/KBVresearch Pin us: https://in.pinterest.com/kbvresearch/?eq=kbv&etslf=4458 Like us: https://plus.google.com/u/0/110136826502558724452
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