Global Non-Volatile Memory Market is expected to attain a market size of $81.3 bn by 2022

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According to a new report Global Non-Volatile Memory Market , the market is expected to attain a market size of $81.3 billion by 2022, growing at a CAGR of 10.3% during the forecast period.

Global Non-Volatile Memory Market Revenue Trend, 2012-2022 ( In USD Million)

Global Non-Volatile Memory Market Revenue Trend, 2012-2022 ( In USD Million)

Electrically addressed is the leading memory type and widely used in consumer electronics. The growing demands for greater efficiency, faster memory access and low-power consumption devices are a few notable factors driving the market growth. Moreover, rising adoption of NVM in flexible electronics would offer tremendous opportunities for market expansion. Within the electrically addressed memory types, NVRAM is the leading segment and would be the leading segment throughout the forecast period. However, emerging memory such as 3D XPoint, MRAM, and SONOS are expected to grow in the future owing to the faster data transfer and light weight design.

Full Report: https://www.kbvresearch.com/global-non-volatile-memory-market/

Among different applications, enterprise storage segment held about 35% share of the overall NVM market in 2016. Growing number of datacenters would be the leading factor driving the market and would significantly contribute to the overall market revenue. Nevertheless, consumer electronic application would be the most lucrative application and it is expected to register a CAGR of 9.7% during the forecast period. Widespread adoption of NVM in consumer electronics, mainly in smartphone and wearable devices to enable more storage and faster memory access are the factors driving the market. Regionally, Asia-Pacific was the major contributor in consumer electronics sector, with significant revenue contribution in 2015.

Global Non-Volatile Memory Market Revenue Share by Region 2015 (in %)

Global Non-Volatile Memory Market Revenue Share by Region� 2015 (in %)

Telecom & IT industry would be a leading vertical within the overall NVM market, as substantial data volume is generated on a regular basis, which demands efficient datacenters or storage centers. The major demand for storage is from the developing economies such as Asia-pacific, contributing to the market growth. Additionally, automotive segment is anticipated to register the highest growth, during the forecast period. Advancements in technology and increased production would be the major factors for the market growth.

Global Non-Volatile Memory Market Revenue Share by Region 2022 (in %)

Global Non-Volatile Memory Market Revenue Share by Region � 2022 (in %)

Asia-Pacific was a leading revenue generating region in 2015 and it is expected to maintain its dominance throughout the forecast period. Rising number of datacenters and increasing enterprise storage requirements within the region have contributed to the market growth in the Asia-Pacific region. Advancement in consumer electronic and introduction of flexible electronics would add to the NVM market globally, especially in Asian countries such as Japan, Singapore, and India.

Global Non-Volatile Memory Market Revenue Share End User Type 2015 (in %)

Global Non-Volatile Memory Market Revenue Share End User Type � 2015 (in %)

The major players profiled in this report include Adesto Technologies Corporation, Viking Technology, Kilopass Technology Inc., Samsung Electronics Co., Ltd., Intel Corporation, Sidense Corporation, Sandisk Corporation, Toshiba Corporation, and Micron Technology, Inc.

Global Non-Volatile Memory Market Segmentation

By Type

  • Electrically Addressed
    • ROM
    • NVRAM
    • Other Memory
  • Mechanically Addressed
    • Hard-Disk Drive
    • Optical-Disc Drive
    • Magnetic Tape
    • Millipede memory
    • Holographic data storage
  • Others
    • FRAM
    • Zero-RAM
    • Nanobridge
    • Molecular

By Application

  • Enterprise Storage
  • Healthcare Monitoring
  • Consumer Electronics
  • Automotive Application
  • Industrial
  • Others

By Vertical

  • Telecom & IT
  • Healthcare
  • Automotive
  • Energy & Power
  • Manufacturing Industries
  • Others

BY Geography

  • North America Non-Volatile Memory Market
    • S. Non-Volatile Memory Market
    • Canada Non-Volatile Memory Market
    • Mexico Non-Volatile Memory Market
    • Rest of North America Non-Volatile Memory Market
  • Europe Non-Volatile Memory Market
    • Germany Non-Volatile Memory Market
    • K. Non-Volatile Memory Market
    • France Non-Volatile Memory Market
    • Russia Non-Volatile Memory Market
    • Spain Non-Volatile Memory Market
    • Italy Non-Volatile Memory Market
    • Rest of Europe Non-Volatile Memory Market
  • Asia-Pacific Non-Volatile Memory Market
    • China Non-Volatile Memory Market
    • Japan Non-Volatile Memory Market
    • India Non-Volatile Memory Market
    • South Korea Non-Volatile Memory Market
    • Singapore Non-Volatile Memory Market
    • Malaysia Non-Volatile Memory Market
    • Rest of Asia-Pacific Non-Volatile Memory Market
  • LAMEA Non-Volatile Memory Market
    • Brazil Non-Volatile Memory Market
    • Argentina Non-Volatile Memory Market
    • UAE Non-Volatile Memory Market
    • Saudi Arabia Non-Volatile Memory Market
    • South Africa Non-Volatile Memory Market
    • Nigeria Non-Volatile Memory Market
    • Rest of LAMEA Non-Volatile Memory Market

Companies Profiled

  • Intel Corporation
  • Toshiba Corporation
  • SAMSUNG ELECTRONICS CO. LTD.
  • Adesto Technologies Corporation
  • Viking Technology
  • Crossbar, Inc.
  • Kilopass Technology Inc.
  • Sidense Corporation
  • Sandisk Corporation
  • Micron Technology, Inc.

Related Reports:

North America Non-Volatile Memory Market

Europe Non-Volatile Memory Market

Asia Pacific Non-Volatile Memory Market

LAMEA Non-Volatile Memory Market

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