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Non-Volatile Memory Market by Type (Flash (NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM, FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), Wafer-Size, End-User Industry, and Geography - Global Forecast to 2025

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Report Banana

Publisher: MarketsandMarkets

PR Title 1: The non-volatile memory market is expected to reach $83.6 billion by 2025 with CAGR of 9.0%

According to new report added in Report Banana offerings, there are significant money making opportunities available in the non-volatile memory market. Companies planning to enter this market need to prepare and differentiate to maximize their return on investment.

In terms of opportunities, the non-volatile memory market is expected to grow from $54.3 billion in 2020 to USD 83.6 billion by 2025; it is expected to grow at a CAGR of 9.0% during the forecast period.

Increasing demand for faster access and low power consuming memory devices is expected to drive the overall non-volatile memory market during the forecast period. The rising need for memory devices with high speed, low power consumption, and high scalability is expected to fuel the development of new non-volatile memories.

Market for emerging memories expected to grow at the highest CAGR during forecast period. Emerging memory technologies offer type of new memories to store more data at a lesser cost than the expensive-to-build silicon chips used by popular consumer gadgets, such as digital cameras, cell phones and portable music players. They are expected to be potential alternatives to existing memories in future computing systems. The non-volatile memory technologies are becoming a ‘Universal Memory’; giving a significant to the growth of merging non-volatile memory market, and has expanded its usage from computer applications to all the consumer electronic products. The major emerging non-volatile memories, such as MRAM, ReRAM, and 3D NAND, are expected to be the biggest contributors to the non-volatile memory market.

Prominent players profiled in this report include Intel Corporation (US), Toshiba Corporation (Japan), SAMSUNG ELECTRONICS (South Korea), Adesto Technologies Corporation (US), Viking Technology (Taiwan), Crossbar Inc. (US), Kilopass Technology (US), Sidense Corporation (Canada), Sandisk Corporation (US), Micron Technology (US), etc.

Significant Aspects of the Report and Main Highlights:

·        Changing business trends in the non-volatile memory market

·        Market segment analysis at different level such as type, wafer size, end user, and geography

·        Historical and forecast size of the non-volatile memory market in terms of revenue

·        Major drivers and opportunities pertaining to the non-volatile memory market

·        Competitive landscape and player positioning analysis for the market

·        Key product offerings by major players and business strategies adopted

·        Key challenges faced by operating players in the market space

·        Analysis of major risks associated with the market operations

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.reportbanana.com/nonvolatile-memory-market-by-type-flash-nand,-nor,-rpt30359.aspx  

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About Report Banana

Report Banana provides syndicated as well as customized market research reports from various market research companies around the globe. Our product offerings register presence in most of the verticals such as aerospace, automotive, chemical, construction, consumer, E&E, medical, and service industries. For further information, visit www.reportbanana.com

 

 

 

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