Tag Archives: Next Generation Memory Market

Next-Generation Memory Market Growth Analysis, Opportunities and Forecast by 2025: MarketsandMarkets™

According to the new market research report, the Next-Generation Memory Market by Technology (Volatile (HMC and HBM), and Nonvolatile (MRAM, FRAM, RERAM, 3D XPoint, NRAM)), Wafer Size (200 mm, 300 mm, and 450 mm), Application, and Geography – ****** Forecast to 2025″, is expected to reach from 2.4 billion in 2017 to USD 11.6 billion by 2025, at a CAGR of 22.0% between 2017 and 2025. The major factor driving the NGM market across the world is the big data demand for increasing demand for enterprise storage applications. The need for high bandwidth, low power consumption, and highly scalable memory device for technologies such as artificial intelligence (AI), Internet of Things (IoT), and Big Data is also driving the NGM market.

Next Generation Memory Market Size, Share, Growth Opportunities, Key Players, Market Trends and Demand by 2023

Rising demand for faster, cost effective and efficient memory solutions have raised the need for next generation memory in recent times. The demand of advanced memory technologies have been rising with the increasing electronic gadget market and rising data storage requirement.

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The expanding market for tablets and smart phones is boosting mobile dynamic random access memory (RAM) market, owing to which the demand for next generation memory is also increasing. The incompatibility and poor performance of the traditional non-volatile memory solutions are further propelling the next generation memory market such as MRAM, memristor, FeRAM and others.