Next Generation Non Volatile Memory Market Outlook (2022-2032)

[324 Pages Report] The global next generation non volatile memory market is forecasted to be valued at US$ 1,863.5 Mn by 2032, up from US$ 874 Mn in 2022, advancing at a CAGR of 7.9% during the forecast period.

Attributes Details
Next Generation Non Volatile Memory Market Size (2022) US$ 874 Million
Next Generation Non Volatile Memory Market Size (2032) US$ 1,863.5 Million
Next Generation Non Volatile Memory Market CAGR 7.9%

High scalable, fast and economical memory solutions expand the next generation non volatile memory market trends.

The increasing need for fast and economical storage solutions surges demand for next generation non volatile memory.

The size and storage capacity of non volatile memory solutions escalates the sales of next generation non volatile memory.

The adoption of next generation non volatile memory promises data and information storage ability in a switched-off device.

The MRAM product segment currently dominates, and the ReRAM segment is expected to grow in the next generation non volatile memory market share.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

What are the Key Features that Drive the Next Generation Non Volatile Memory Market?

Power conservation technologies, along with improved efficiency provided by industry players, surge the sales of next generation non volatile memory.

Growing demand for faster, cost-effective and efficient memory solutions gives rise to the demand for next generation non volatile memory.

Increasing demand and penetration of consumer electronics, leading to flash memory applications in devices, drives the sales of next generation non volatile memory.

The growth of the portable systems market for mass storage applications propels the adoption of next generation non volatile memory.

Due to the increasing electronic gadget market and data storage requirement, consumer demand for advanced memory technologies expands the global next-generation non volatile memory market growth.

Expanding market for tablets and smartphones requires mobile dynamic random access memory (RAM), further bolstering the next-generation non volatile memory market share.

Poor performance and incompatibility of traditional non volatile memory solutions drive the adoption of next generation non volatile memory.

Cloud storage and data centres requiring data storage capabilities increase the demand for next generation non volatile memory.

Improved performance, higher endurance, and lower power consumption contribute to the next generation non volatile memory market growth.

Better scalability with extremely high write endurance further escalates the demand for next generation non volatile memory.

Rising demand for semiconductors is expected to drive the sales of next generation non volatile memory.

Server configurations requiring minimised power budget for memory power management elevates the demand for next generation non volatile memory.

Decreasing profit margins in the traditional memory technologies and advancing the development of new technologies elevates the demand for next generation non volatile memory.

Overall growing demand for mass and universal storage devices for both personal and business usage increases the sales of next generation non volatile memory.

What are the Restraints of the Next Generation Non Volatile Memory Market?

High designing costs for emerging memory solutions curbs the sales of next generation non volatile memory.

Extreme environmental conditions such as high temperature obstruct the next generation non volatile memory market share due to low environmental stability.

The lack of standardised processes set for emerging memory technologies hampers the adoption of next generation non volatile memory.

Sudip Saha
Sudip Saha

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

What are the Scopes of the Next Generation Non Volatile Memory Market?

The improvement of input and output performance of enterprise storage systems for web-based data increases the adoption of next generation non volatile memory.

Increasing demand for wearable and flexible electronics advances the sales of next generation non volatile memory.

The growing requirement of non volatile memory solutions and replacement of flash memory in various applications such as industrial grows the demand for next generation non volatile memory.

The development of the Internet of Things (IoT) with enhanced network connectivity and data transfers propels the next generation non volatile memory market growth.

The popularity of self-owned cars further poses lucrative opportunities for the adoption of next generation non volatile memory.

The improvement in the chip density of NAND memory promises growth of the next generation non volatile memory market share.

The launching of application sectors like a neural networks, industrial applications, and flexible electronics escapes the sales of next generation non volatile memory.

Regional Analysis

How is the Performance of the Asia Pacific Next Generation Non Volatile Memory Market?

The Asia Pacific is the leading next generation non volatile memory market with a share of 38.1% in 2022.

The presence of key industry participants in China - the world’s second-largest economy, owes to the growth in the global next generation non volatile memory market.

The rising growth of the computer and mobile industry favours the adoption of next generation non volatile memory.

Apart from China, South Korea, Japan, and India are additionally promising growth in the global market.

What is the Growth Outlook for the North America Next Generation Non Volatile Memory Market?

North America is growing fast in the next generation non volatile memory market with a revenue share of 33.3% in 2022.

Rising industrialisation and the market saturated with smartphones and tablet users surge the demand for next generation non volatile memory, in this region.

How will the Europe Next Generation Non Volatile Memory Market Grow?

Europe contributes to the next generation non volatile market size with a revenue share of 20.3% in 2022.

Lucrative growth opportunities for the regions in Western Europe owes to the revolution of IT and data centers.

Demand for next generation non volatile memory in this region is further attributed to high demand of impeccable network and high data storage capacity in both personal and business sectors.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Startup Ecosystem

How is the Start-up Ecosystem in the Next Generation Non Volatile Memory Market?

The latest technology trends are revolutionising the next generation non volatile memory owing to its scalability, rapid read and write performance and simple structure.

The ability to store data permanently or temporarily and retrieve it at any time is a recurring demand amongst consumers.

Certain start-up companies strive to bring new innovations in data transfer and storage to the forefront with the rising usage of smartphones, tablets and other smart devices amongst the population.

Micron, LSI, Adesto, Nimble Storage, SK Hynix, Avalanche Technology, Crossbar, Smart Modular Technologies, Spansion, Nantero, etc. are few of the start-up companies that are contributing significantly to the next generation non volatile memory market with the assistance of strategies such as designing semiconductors and software to accelerate storage and networking, offering memory devices such as DRAM and DRAM modules, ultra-bandwidth solutions, manage NAND, etc.

What are the Key Developments of Next Generation Non Volatile Memory Market?

Some of the key market players of the next generation non volatile memory market are Samsung Electronics Co. Ltd, Adesto Technologies, Everspin Technologies, Intel Corporation, Crossbar Inc., Fujitsu Ltd, Micron Technology, Toshiba Corporation, Avalanche Technologies Inc., Everspin Technologies, Inc., Honeywell International Inc. IBM Corp., Infineon Technologies AG, Intel Corporation, Nippon Telegraph and Telephone Corporation ROHM Co. Ltd., Sandisk, SK Hynix Inc., ST Microelectronics NV, Viking Technology, Western Digital Inc., Open-Silicon, Microchip Co., RAMbus, Everspin, Nimble Storage, LSI, Smart Modular Technologies, Spansion, Nantero, etc.

They assist in expanding product offerings in standardised form by introducing R&D activities and strategies that encourage expansion, collaboration, and development with other firms.

Some of the recent developments in the next generation non volatile memory market are

  • In July 2015, Intel corporation and Micron Technology Inc., introduced a new next generation non volatile memory technology, i.e., 3D XPoint which can be used for the fast access of the data.
  • In July 2017, Adesto Technologies Corporation - a leading provider of application specific non-volatile memory products, acquired Zacks Investment Research.
  • In August 2016, Fujitsu Semiconductor and Mie Fujitsu Semiconductor Limited (Japan) signed an agreement with Nantero to work for a joint development of NRAM and non-volatile RAM using carbon nanotubes based on 55 nm process technology.
  • In April 2017, SK Hynix launched the 2Znm 8GB (Graphics DDR6) DRAM. It operates faster than traditional memory technologies.

Report Scope

Report Attribute Details
Growth Rate CAGR of 7.9% from 2022 to 2032
Base year for estimation 2021
Historical data 2016 to 2021
Forecast period 2022 to 2032
Quantitative units Revenue in USD million and CAGR from 2022 to 2032
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered Type, Application, and Region
Regional scope North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand
Country scope USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa
Key companies profiled Samsung Electronics Co. Ltd; Adesto Technologies; Everspin Technologies; Intel Corporation; Crossbar Inc.; Fujitsu Ltd; Micron Technology; Toshiba Corporation; Avalanche Technologies Inc.; Everspin Technologies, Inc.; Honeywell International Inc. IBM Corp.; Infineon Technologies AG; Intel Corporation; Nippon Telegraph and Telephone Corporation ROHM Co. Ltd.; Sandisk; SK Hynix Inc.; ST Microelectronics NV; Viking Technology; Western Digital Inc.; Open-Silicon; Microchip Co.; RAMbus; Everspin; Nimble Storage; LSI; Smart Modular Technologies; Spansion; Nantero; etc.
Customization scope Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs.

Key Segments

By Type:

  • Non Volatile Memory
  • Volatile Memory

By Application:

  • Consumer Electronics
  • Healthcare
  • Automotive & Transportation
  • Industrial
  • Enterprises

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Frequently Asked Questions

How much CAGR can be Estimated for the Next Generation Non Volatile Memory Market?

A CAGR of approximately 7.9% can be estimated for the next generation non volatile memory market through 2032.

What is the Leading Regional Market of Next Generation Non Volatile Memory?

The Asia Pacific currently leading the next generation non volatile memory market.

What is a Restraint of Next Generation Non Volatile Memory in the Market?

High designing costs for emerging memory solutions curbs the sales of next generation non volatile memory.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Type, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Type, 2022-2032

        5.3.1. Non Volatile Memory

        5.3.2. Volatile Memory

    5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Type, 2022-2032

6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032

        6.3.1. Consumer Electronics

        6.3.2. Healthcare Monitoring Applications

        6.3.3. Automotive and Transportation Application

        6.3.4. Enterprise Storage

        6.3.5. Industrial

        6.3.6. Others

    6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Application, 2022-2032

7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021

    7.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Asia Pacific

        7.3.5. MEA

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    8.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    8.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        8.2.1. By Country

            8.2.1.1. U.S.

            8.2.1.2. Canada

        8.2.2. By Type

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Type

        8.3.3. By Application

    8.4. Key Takeaways

9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Type

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Type

        9.3.3. By Application

    9.4. Key Takeaways

10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. U.K.

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Europe

        10.2.2. By Type

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Type

        10.3.3. By Application

    10.4. Key Takeaways

11. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

            11.2.1.4. Malaysia

            11.2.1.5. Singapore

            11.2.1.6. Australia

            11.2.1.7. New Zealand

            11.2.1.8. Rest of APAC

        11.2.2. By Type

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Type

        11.3.3. By Application

    11.4. Key Takeaways

12. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. GCC Countries

            12.2.1.2. South Africa

            12.2.1.3. Israel

            12.2.1.4. Rest of MEA

        12.2.2. By Type

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Type

        12.3.3. By Application

    12.4. Key Takeaways

13. Key Countries Market Analysis

    13.1. U.S.

        13.1.1. Pricing Analysis

        13.1.2. Market Share Analysis, 2021

            13.1.2.1. By Type

            13.1.2.2. By Application

    13.2. Canada

        13.2.1. Pricing Analysis

        13.2.2. Market Share Analysis, 2021

            13.2.2.1. By Type

            13.2.2.2. By Application

    13.3. Brazil

        13.3.1. Pricing Analysis

        13.3.2. Market Share Analysis, 2021

            13.3.2.1. By Type

            13.3.2.2. By Application

    13.4. Mexico

        13.4.1. Pricing Analysis

        13.4.2. Market Share Analysis, 2021

            13.4.2.1. By Type

            13.4.2.2. By Application

    13.5. Germany

        13.5.1. Pricing Analysis

        13.5.2. Market Share Analysis, 2021

            13.5.2.1. By Type

            13.5.2.2. By Application

    13.6. U.K.

        13.6.1. Pricing Analysis

        13.6.2. Market Share Analysis, 2021

            13.6.2.1. By Type

            13.6.2.2. By Application

    13.7. France

        13.7.1. Pricing Analysis

        13.7.2. Market Share Analysis, 2021

            13.7.2.1. By Type

            13.7.2.2. By Application

    13.8. Spain

        13.8.1. Pricing Analysis

        13.8.2. Market Share Analysis, 2021

            13.8.2.1. By Type

            13.8.2.2. By Application

    13.9. Italy

        13.9.1. Pricing Analysis

        13.9.2. Market Share Analysis, 2021

            13.9.2.1. By Type

            13.9.2.2. By Application

    13.10. China

        13.10.1. Pricing Analysis

        13.10.2. Market Share Analysis, 2021

            13.10.2.1. By Type

            13.10.2.2. By Application

    13.11. Japan

        13.11.1. Pricing Analysis

        13.11.2. Market Share Analysis, 2021

            13.11.2.1. By Type

            13.11.2.2. By Application

    13.12. South Korea

        13.12.1. Pricing Analysis

        13.12.2. Market Share Analysis, 2021

            13.12.2.1. By Type

            13.12.2.2. By Application

    13.13. Malaysia

        13.13.1. Pricing Analysis

        13.13.2. Market Share Analysis, 2021

            13.13.2.1. By Type

            13.13.2.2. By Application

    13.14. Singapore

        13.14.1. Pricing Analysis

        13.14.2. Market Share Analysis, 2021

            13.14.2.1. By Type

            13.14.2.2. By Application

    13.15. Australia

        13.15.1. Pricing Analysis

        13.15.2. Market Share Analysis, 2021

            13.15.2.1. By Type

            13.15.2.2. By Application

    13.16. New Zealand

        13.16.1. Pricing Analysis

        13.16.2. Market Share Analysis, 2021

            13.16.2.1. By Type

            13.16.2.2. By Application

    13.17. GCC Countries

        13.17.1. Pricing Analysis

        13.17.2. Market Share Analysis, 2021

            13.17.2.1. By Type

            13.17.2.2. By Application

    13.18. South Africa

        13.18.1. Pricing Analysis

        13.18.2. Market Share Analysis, 2021

            13.18.2.1. By Type

            13.18.2.2. By Application

    13.19. Israel

        13.19.1. Pricing Analysis

        13.19.2. Market Share Analysis, 2021

            13.19.2.1. By Type

            13.19.2.2. By Application

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Type

        14.3.3. By Application

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. Samsung Electronics

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. Adesto Technologies

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. Everspin Technologies

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. Intel Corporation

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. Crossbar Inc.

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. Fujitsu Ltd

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. IBM

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Micron Technology

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. Toshiba Corporation

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodolog

Recommendations

Technology

Dynamic Random Access Memory (DRAM) Market

October 2022

REP-GB-947

250 pages

Explore Technology Insights

View Reports
Future Market Insights

Next Generation Non Volatile Memory Market

Schedule a Call