DUBLIN, Apr. 24, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the
"Non-Volatile Memory Market - Global Forecast to 2022" report to
their offering.
The global non-volatile memory market is expected to reach
USD 81.51 Billion by 2022, at a CAGR
of 9.96% between 2016 and 2022. Some of the key factors driving
this market are the need for high-speed, low-power-consuming, and
highly scalable memory devices as well as the growing demand for
non-volatile memory in connected and wearable devices.
The traditional non-volatile memory led the market in 2015.
Embedded non-volatile memory has gained significant traction in the
connected devices and IoT market because of its higher efficiency
under ultra-low power. Non-volatile memory is one of the major
components of connected devices. Also, the high adoption of Flash
memories in consumer electronics, because of their low price and
low power consumption, is driving the market for 2D and 3D NAND.
Therefore, the traditional non-volatile memory held the largest
market size in the non-volatile memory market owing to the
inexpensive memory solutions as well as the increasing density and
performance.
The market for the agricultural industry is expected to grow at
the highest rate during the forecast period. The increasing use of
technologies in agricultural processes and the introduction of IoT
in agriculture has led to the growing use of high-end computing in
this industry. Non-volatile memory is an integral part of various
microcontrollers used in the agricultural industry for computing
and analysis applications. Thus, the non-volatile memory market for
the agricultural industry is expected to grow at the highest rate.
Low write endurance is the major restraining factor for the growth
of the non-volatile memory market. The low write endurance of
non-volatile memories affects its acceptability over other memories
in applications where repetitive read/write operations are
required. The conventional memories which hold the largest market
share such as NAND Flash and others still face the problem of low
endurance.
Companies Mentioned
- Adesto Technologies Corp.
- Avalanche Technology Inc.
- Crossbar Inc.
- Everspin Technologies, Inc.
- Floadia Corporation
- Fujitsu Ltd.
- Intel Corporation.
- Kilopass Technology Inc.
- Microchip Technology, Inc.
- Micron Technology, Inc.
- Nantero Inc.
- Nvmdurance Ltd.
- Samsung Electronics Co., Ltd.
- Sidense Corp.
- SK Hynix, Inc.
- Toshiba Corp.
- Viking Technologes Ltd.
- Western Digital Corp.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Type
8 Market, By End-User Industry
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
For more information about this report visit
http://www.researchandmarkets.com/research/3vc7xr/nonvolatile
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