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Global Next Generation Memory Market 2021 Size, Share, Growth, Trends and Forecast, Business Opportunities and Future Investments

Next Generation Memory

The report focuses on the favorable Global “Next Generation Memory market” and its expanding nature. The Next Generation Memory market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The global next generation memory market was valued at USD 2.85 billion in 2018 and is expected to reach a value of USD 8.86 billion by 2024 at a CAGR of 25.12%, during the forecast period 2019-2024. The explosion in data generation has fueled the demand for improved memory and storage types at the workplace. Traditional memory systems have been struggling to keep up with the increased volume of data, bandwidth requirements in the systems and speed requisite in the current generation systems.
  • – Emerging memory technologies brings the potential to foray by allowing to store more data at less cost than the expensive-to-build silicon chips used by popular consumer electronic gadgets including digital cameras, cell phones, notebooks, etc. The demand for these consumer products has been increasing which has been further driving the market with key players actively investing in innovation and research and development.
  • – Memories, therefore, are a critical part of future embedded systems and the next generation memory holds great potential to resolve the bandwidth, speed and size problems. These are expected to become a market regular by 2024 and occupy a significant share in the market by the end of the forecast period.
  • – Adoption of next-generation infotainment systems and ADAS would be fusing the DRAM memory technologies that would have much higher – performance and low power consumption capabilities. At present, the penetration of automated cars is moderately low, which is projected to spur in the coming years.
  • – However, lack of stability under extreme environmental conditions can hamper the growth of the market due to its restraint in applications.

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    Key Manufacturers

  • Intel Corporation
  • Toshiba Corporation
  • Samsung Electronics
  • Adesto Technologies
  • Micron Technology Inc
  • IBM Corporation
  • Cypress Semiconductor Corporation
  • Everspin Technologies
  • Sandisk Corporation
  • Everspin Technologies
  • Crossbar Inc.
  • AsusTek Computer Inc.
  • Corsair Memory
  • Kingston Technologies
  • Sony Corporation
  • Windbond Electronics Corporation
  • Avalanche Technologies Inc
  • SK Hynix Inc.
  • Transcend Information
  • Inc.
  • Corsair Memory Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Next Generation Memory market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Next Generation Memory market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Next Generation Memory market have also been involved in the study.

    Scope of the Report:

  • Next generation memory can be defined as a common label applied to a major upgrade of hardware or a software product. The next generation memory market has grown over the last few years because of the increasing demand for faster, efficient and cost-effective memory solutions.
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    TOC of Next Generation Memory Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Next Generation Memory market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Next Generation Memory Market Report Covered:

    • The report analyses how Next Generation Memory market will grow in the future.
    • Analyzing various perspectives of the Next Generation Memory market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Next Generation Memory market shares and policies employed by the major market players.
    • Competitive landscape including the Next Generation Memory market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Next Generation Memory market players

    Key Market Trends:

    Information Technology to Significantly Employ Next Generation Storage Technology

    – With the growing size of enterprises, many of the companies have adopted the use of enterprise storage technologies, which demand the need for next-generation storage to handle the computing power of the organizations.
    – As the number of data centers increase the amount of storage and computing power required continues to increase and owing to such trends there is a need for better memory technologies to continue to withstand the computational demands for such organizations.
    – These latest memory devices also provide a better architecture compared to the existing used technologies. Technologies, such as MRAM are expected to have a better architecture which provides efficiency for the data centers.
    – With the growing adoption for SSD memory storage technologies, the need for better memory is becoming intertwined with it.
    – The industry expectation rates vary at about 50% from 2017 to 2018 with many laptop manufacturers opting for such storage options. Quarterly shipments of the SSDs in notebooks have been found to increase from 25% to 26%. As the adoption rate grows the need for better memory technology is inevitable.
    – Many memory modules have been combining the volatile memory with the nonvolatile memory modules. The data from the flash can be transferred and restored from the DRAM.

    North America to Account for a Major Share

    – The region has experienced many investments in technology. The region also has a high adoption rate for various technologies, such as RAM, DRAM, and PCM memory.
    – This growth can be attributed to increasing mobile phones and laptops among another computing device in the region.
    – Many trends, such as BYOD in the region could also be a potential market for the company. The number of laptops within the price range of USD 500 has increased. This has increased the number of substitutes available for the population driving the growth of these devices.
    – The region is also one of the earliest and the fastest cloud adopter. By 2021 of all the data of organizations 94% is expected to be on the cloud according to Cisco. As the growth in the data center increases the adoption of next-generation memory is also set to increase,

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    Study objectives of Next Generation Memory Market Report:

    • To provide a detailed analysis of the market structure along with the Next Generation Memory market forecast of various segments and sub-segments of the Next Generation Memory market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Next Generation Memory market trends that influence the global Next Generation Memory market

    Detailed TOC of Next Generation Memory Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Demand for Universal Memory Devices
    4.3.2 Increasing Demand for Enterprise Storage Applications
    4.4 Market Restraints
    4.4.1 Lack of Stability Under Extreme Environmental Conditions
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 By Technology
    5.1.1 Non Volatile Magneto-Resistive Random-Access Memory (MRAM) Ferroelectric RAM (FRAM) Resistive Random-Access Memory (ReRAM) 3D Xpoint Nano RAM Other Non Volatile
    5.1.2 Volatile Hybrid Memory Cube (HMC) High-Bandwidth Memory (HBM)
    5.2 By Application
    5.2.1 BFSI
    5.2.2 Consumer Electronics
    5.2.3 Government
    5.2.4 Telecommunications
    5.2.5 Information Technology
    5.2.6 Other Applications
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6.1 Company Profiles
    6.1.1 Intel Corporation
    6.1.2 Toshiba Corporation
    6.1.3 Samsung Electronics
    6.1.4 Adesto Technologies
    6.1.5 Micron Technology Inc
    6.1.6 IBM Corporation
    6.1.7 Cypress Semiconductor Corporation
    6.1.8 Everspin Technologies
    6.1.9 Sandisk Corporation
    6.1.10 Everspin Technologies
    6.1.11 Crossbar Inc.
    6.1.12 AsusTek Computer Inc.
    6.1.13 Corsair Memory
    6.1.14 Kingston Technologies
    6.1.15 Sony Corporation
    6.1.16 Windbond Electronics Corporation
    6.1.17 Avalanche Technologies Inc
    6.1.18 SK Hynix Inc.
    6.1.19 Transcend Information, Inc.
    6.1.20 Corsair Memory Inc.




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