Non-Volatile Memory (NVM) Market

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Non-Volatile Memory (NVM) Market

• Published by Accurize Market Research Pvt. Ltd.

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Global Non-Volatile Memory (NVM) Market is
Estimated to Reach 115 Billion by 2025, Says
Accurize Market Research

• Global Non-Volatile Memory (NVM) Market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 115
  billion by 2025 growing at a CAGR of 10.2 from
  2017 to 2025. By geography, Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
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• Rising tourism industry, advancement in standard
  of living and hectic lifestyle to drive the
  growth of the market
• Increasing usage of next generation NVM in mobile
  phones to improve customer experience, growing
  demand for high speed, very scalable and low
  power consumption memory devices fuel the demand
  for the global non-volatile memory (NVM) market.
  Further more, rising demand for non-volatile
  memory in connected and wearable devices also
  boosts the growth of the market.

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Market Segmentation

• The global non-volatile memory (NVM)market has
  been bifurcated on the basis of type,
  application, industry vertical, and geography.
  The NVM market by type sub-segmented as
  mechanically addressed (magnetic tape, hard-disk
  drive, optical-disk drive, millipede memory, and
  holographic data storage), electrically addressed
  (ROM, NVRAM, and emerging memory), and other
  types (FRAM, Zero RAM, Nano- bridge, and
  molecular). The NVM market by application is
  bifurcated into consumer electronics, automotive
  transportation, healthcare monitoring,
  industrial, enterprise storage, and others
  applications (power energy distribution and
  defense aerospace application). Moreover, the
  industry vertical the segment is categorized into
  automotive, telecom IT, energy power,
  healthcare, manufacturing industries, and other
  industry verticals (BFSI, media entertainment,
  and aerospace).
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Market Segmentation

• By geography the market is segmented into North
  America, Europe, Asia-Pacific, and Rest of the
  World (RoW). North America is further bifurcated
  in U.S., Canada, and Mexico, whereas Europe
  segment consists of UK, Germany, Russia, France,
  and Rest of Europe. Asia-Pacific is segmented
  into China, Singapore, Japan, South Korea and
  Rest of Asia-Pacific while RoW is bifurcated into
  South America, Middle East, and Africa.
• Electrically addressed accounted for the major
  market share in the type segment, says Accurize
• In the type segment, electrically addressed
  accounted for the major market share with 42 in
  2017 and is expected to continue its dominance
  during the forecast period. The high growth is
  accredited as they are faster than mechanically
  addressed systems and have optimized power
  consumption.
• Enterprise storage held for the major market
  share in the application segment in 2017, while
  consumer electronics is probable to grow with the
  fastest CAGR during the forecast period 2017
  2025.

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Market Segmentation

• Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific dominated the market with
  42.8market share in 2017and is likely to reach
  the fastest CAGR during the forecast period owing
  to presence of key industry participants in
  countries such as China, South Korea, Japan and
  India etc. Similarly in terms of growth,
  Asia-pacific is expected to grow with fastest
  CAGR during the forecast period driven by growing
  computer and mobile phone industry region.

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Top players in the market

• The key market players include
• Toshiba Corporation
• Intel Corporation
• Samsung Electronics Co. Ltd.
• International Business Machine Corporation
• Adesto Technologies
• Fujitsu Ltd
• Western Digital Corp
• Micron Technology, Inc.
• SK Hynix, Inc.
• Crossbar Inc., among others.

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