Non-Volatile Memory Market to Hit $40B by 2020

DALLAS, TX -- ReportsnReports.com adds Non-Volatile Memory Market 2014 - 2020 Research Report by Type (Traditional, Emerging), Product (Printed Memory, Hard disk drives and others), Application (Industrial, Healthcare, Automotive, Energy and Power, Enterprise Storage and others) and Geography - Global Trends & Forecasts to its store. The Global NVM market is expected to reach $40.2 billion by 2020, at an estimated CAGR of 1.18%. The emerging market is expected to grow at a CAGR of 41.27%, but the traditional non-volatile memory technologies are expected to witness a negative CAGR growth. North America is the biggest market, followed by APAC and Europe.

This research study on the Non-volatile memory market focuses on various product segments such as Printed memory components including smart cards; Smart ID cards, and so on, hard disk drives, and USB drives. The market for Hard disk drive is the largest in the overall non-volatile product market; but the market for printed memory component is expected to grow at a higher CAGR in the forecast period.

The report analyzes the entire market on the basis of all the major geographical segments such as North America, Central America, South America, Europe, Africa, the Middle-East, Asia, and Oceania. North America and Europe are currently the largest markets, but in the Asian region, it is expected to exhibit a high growth in the next seven years.

The report also draws the competitive landscape of the Non-volatile memory technology by analyzing the major players and the strategies adopted by them for growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models; such as the Porter's five forces model. The report includes profiles of major market players in the global non-volatile memory market with their respective market share analysis.

The leading Non-volatile memory market companies profiled in this research include Samsung Electronics Co. Ltd, Texas Instruments Incorporated, Avalanche Technology, Toshiba Corporation, Crossbar Inc., Everspin Technologies Inc., Fujitsu Limited, SK Hynix Inc, Viking Technology, Cypress Semiconductor Corporation, Infineon Technologies AG and Micron Techonology Inc.

Non-volatile memory is used to store data even if it is non-powered. Non-volatile memory is used for secondary storage, especially long term storage, as these memory devices do not require continuous power supply for storing information. Because of this, the non-volatile memories are widely used in mission critical applications such as data centers. Although devices which can store information up to a few terabytes are available, the growing storage needs are expected to push the non-volatile memory market ahead.

The non-volatile memory (NVM) market drivers mentioned in this report include Faster Switching Time, High Endurance And Efficient Power Consumption, Increasing Applications Base and Replacement For Traditional Memory Technologies. Opportunities like flash memory market replacement and flexible electronics have also been discussed, which can not only help the new market entrants but the existing industry players as well.

Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=280984

Contact:
Priyank Tiwari
TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252
Tel: +1-888-391-5441
[email protected]

Suggested Articles

Annual growth of 15% is expected for next decade according to Future Market Insights

New tech relies on time-of-flight sensor tech used in HoloLens combined with CMOS

Edge computing has been around for a while, but the intelligent edge? Ah, come on!