Global Next Generation Non Volatile Memory Strategic Business Report 2023: Rising use of Flash Memories in Consumer Electronics Drives Growth

Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Next Generation Non Volatile Memory: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Next Generation Non Volatile Memory estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$37.3 Billion by 2030, growing at a CAGR of 23.9% over the analysis period 2022-2030.

MRAM, one of the segments analyzed in the report, is projected to record a 24.8% CAGR and reach US$20.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the PCM segment is readjusted to a revised 21.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 23.1% CAGR

The Next Generation Non Volatile Memory market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2030 trailing a CAGR of 23.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.3% and 20.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16.4% CAGR.

Select Competitors (Total 61 Featured) -

• Avalanche Technologies Inc.
• Crossbar Inc.
• Everspin Technologies, Inc.
• Fujitsu Ltd.
• Honeywell International Inc.
• IBM Corp.
• Infineon Technologies AG
• Intel Corporation
• Micron technology, Inc.
• Nippon Telegraph and Telephone Corporation
• ROHM Co. Ltd.
• Samsung Electronics Co., Ltd.
• Sandisk, a band of Western Digital Corporation
• SK Hynix, Inc.
• STMicroelectronics NV
• Toshiba Corporation
• Viking Technology

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession
• The Never-Ending "Race" Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
• Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic
• With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
• With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness: Number of Booster Doses Administered Per 100 People by Country as of December 2021
• With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback
• A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
• Impact of COVID-19 on the Semiconductor Industry Exposes the Risk of Value Chain Modularity
• Among the Hammered Companies in the Supply Chain is the "Semiconductor Industry"
• Measuring the Impact of COVID-19 on the Semiconductor Industry in Terms of Disruption & Time to Recovery (In Months) as of May 2020
• Supply Chain Disruptions Impact a Large Number of Electronic Manufacturers: % Share of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of May 2020
• Semiconductor Trends for Specific End-Use Categories
• COVID-19 Pandemic Storm Warrants New Strategies to Help Semiconductor Leaders Secure New Lease of Life
• Falling Consumer Confidence Impacts Sales of Automotive and Consumer Electronics
• Industrial Activity Remain Subdued in 2020
• Global PMI Index Points for the Years 2018, 2019 & 2020
• COVID-19 Impact on Next Generation Non-volatile Memory Market
• Competition
• Next Generation Non-Volatile Memory - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• A Prelude to Non-volatile Memories
• Next-Generation Volatile Memory (NVM) - An Insight
• Global Market Analysis and Prospects
• Global Next Generation Non-volatile Memory Market Set to Witness Burgeoning Growth
• MRAM - The Leading Next Generation Non-Volatile Memory Segment
• MRAM Advancements
• Asia-Pacific to Witness Fastest Growth
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Growing Use of Flash Memories in Consumer Electronics Drives the World NVM Market
• Rising Computing Needs of Consumer Electronic Devices: Opportunity for NVM Market
• Global Electrical & Electronics Equipment Market Growth Outlook (In %) For Years 2019 Through 2025
• Worldwide Shipments of Smartphones, Tablets, and Laptops (in Million Units) for the Years 2019, 2021 and 2023
• Embedded Non-volatile Memory Market to Gain Traction
• Technologies for Next-Generation Volatile Memory Designs
• Pushing the Limits using Floating Gate Technology
• 3D and Charge Trap NAND
• RRAM
• PCRAM
• MRAM
• Tremendous Growth in Demand for Enterprise Storage Applications Drives Market Growth
• Rising Penetration of IoT devices and Propensity for AI-Powered Applications: A Major Market Opportunity
• Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
• Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025
• World IoT Semiconductors Market by Function (2018 & 2022): Percentage Breakdown of Value Sales for Communications, Processing, and Sensing
• Increasing Growth Prospects of Wearable Electronics to Offer Significant Market Gains
• Critical Role of Non-volatile Memory in Smart City Applications
• Global Smart Homes Market by Category in US$ Billion for the Years 2020 and 2022
• High-Performance Computing (HPC) Offers Broad-based Opportunities for Market Growth
• Global High Performance Computing Market (In US$ Billion) for Years 2020, 2022, 2024 and 2026
• Digitalization Wave & Parallel Rise in Demand for Datacenters to Spur Growth of NVM
• Global Digital Transformation Spending (In US$ Trillion) for the Years 2019 through 2023
• Beyond COVID-19 Lies a New Normal With New Opportunities for Datacenters
• This Means Increased Demand for Datacenter Memory & Storage Solutions
• Data Center IP Traffic Growth Worldwide: Global Data Center IP Traffic in Zettabytes for the Years 2016, 2018, 2020 & 2022
• Global Data Center IP Traffic Breakdown (in %) by Cloud and Traditional Data Centers for the Years 2017, 2019 and 2021
• Rise of In-Memory Computing Bodes Well for Growth of PCM
• Embedded MRAM Emerges as a Promising Technology for IoT Devices, Artificial Intelligence and Machine Learning
• MRAM Opportunity in IoT Space: Global M2M/IoT Connections (In Billion) for Years 2019, 2021 and 2023
• Growing Need for Energy-Efficient Storage Solutions Gives Impetus to NVM Market
• Installed Base of Data Storage Capacity (in Zettabytes) for 2019, 2020, and 2024
• Edge Computing to Drive Demand for MRAM
• Automobile Electronification Trends Widen the Addressable Market
• Breakdown of the Total Cost of Electronics in an Automobile (in %) for the Years 1970, 1980, 2000, 2017, 2020 and 2030
• World Automobile Production in Million Units: 2008-2022

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/uhvyu3

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Global Market for Next Generation Non Volatile Memory