Special Offering :
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
The Non-Volatile Memory Market Size is expected to attain a market size of $81.3 billion by 2022, rising at a CAGR of 10.3% during the forecast period.
Non-volatile memory (NVM) is a type of secondary memory used in computer systems to manage permanent storage and backup facility for information that is critical to an organization. NVM technology is electrically programmable. It is also erasable when there is a need to make changes in a particular location within the storage device. Other than programming, erasing and storing, the technology also has the ability to retain changes even in the instance of power outage. Additionally, NVM utilizes user-configurable technology, and it does not require periodic memory refreshment unlike the volatile memory. Some of the examples of NVM are flash memory, Hard disk, and magnetic tape. The NVM is widely used in data centers and consumer electronics, which enhances the data transfer speed and prevent data loss. The report highlights the adoption of Non-Volatile Memory globally.
Based on the type, the Non-Volatile Memory market is segmented into Electrically Addressed, Mechanically Addressed and Others. Electrically Addressed segment is further divided into ROM, NVRAM and Other Memory. Mechanically Addressed segment is further divided into Hard-Disk Drive, Optical-Disc Drive, Magnetic Tape, Millipede memory and Holographic data storage. Other Non-volatile memory types are FRAM, Zero-RAM, Nano-bridge and Molecular which are discussed in this report. Based on the application the market is segmented into Enterprise Storage, Healthcare Monitoring, Consumer Electronics, Automotive Application, Industrial and Others.
The Verticals highlighted in this report include Telecom & IT, Healthcare, Automotive, Energy & Power, Manufacturing Industries and Others. Based on region, Non-Volatile Memory market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. Asia-Pacific remained the dominant region in the global Non-Volatile Memory market in 2015. LAMEA would witness highest CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Non-Volatile Memory market. Key companies profiled in the report include Intel Corporation, Toshiba Corporation, SAMSUNG ELECTRONICS CO. LTD., Adesto Technologies Corporation, Viking Technology, Crossbar, Inc., Kilopass Technology Inc., Sidense Corporation, Sandisk Corporation and Micron Technology, Inc.