Skip to main content

Next Generation Memory Technologies Market to Log Unprecedented CAGR of 46.1% to 2019

Next generation memory technologies include emerging memory solutions that have been introduced in the market in the recent past or are expected to be launched during the period 2013 to 2019. These memories compete with older memories such as flash, DRAM and SRAM on the basis of speed, scalability and cost. The total global market for next generation memory technologies stood at USD 207.8 million in 2012 and is estimated to grow at a CAGR of 46.1% during the period 2013 to 2019. Emerging memory solutions are experiencing growth in demand due to their potential for better speed and higher scalability.
The market has witnessed significant uptake for non-volatile emerging memory solutions as compared to volatile memory solutions. This is due to an inherent benefit offered by non-volatile memories: retention of data without the need of power. Among all non-volatile emerging memory solutions, FeRAM (ferroelectric RAM), MRAM (magneto-resistive RAM) and PCM (phase change memory) had significant market shares in 2012. Other emerging memory technologies include ReRAM (resistive RAM) and CBRAM (conductive bridging RAM). With increase in adoption of MRAM and PCM memory, cache memory and enterprise storage is anticipated to be the largest market segment by application for next generation memory technologies. Use of emerging memories is expected to improve the input/output (I/O) performance of the enterprise storage systems.
Major interface technologies being deployed across the memory market include double data rate (DDR) interface, SATA (Serial ATA), SAS (serial attached small computer system interface), PCIe (peripheral component interconnect express) and I2C (inter integrated circuit). DDR interface includes DDR 1/2/3/4 and LPDDR. DDR interfaces find application in storage, especially SSDs (solid-state drives). DDR was the dominant interface technology being deployed with next generation memory technologies and held 47.6% share in 2012. North America was the largest market in 2012, followed by Europe. Rise in demand for memory technologies offering lower cost per bit and demand for faster mobile memory chips are important trends in the North American region. Europe experienced growth in next generation memory technologies due to increasing volatility in the market and decline in average selling prices for existing memories. This has led to a rise in interest in more sustainable memory options. Growth in the Asia Pacific region is led by demand from Japan, China and South Korea.
Fujitsu Ltd. was the market leader in 2012 due to higher sales of its FeRAM technology, which is a relatively mature product. Fujitsu was followed by Everspin Technologies, Inc. and Micron Technology, Inc. In 2012, Everspin was a major manufacturer of MRAM, while Micron Technology led the market for PCM. Other important players include SK Hynix Inc., Avalanche Technology Inc., Cypress Semiconductor Corporation, Adesto Technologies Corporation Inc., Samsung Electronics Co., Ltd., Crossbar Inc., Winbond Electronics Corporation.

Comments

Post a Comment

Popular posts from this blog

Global Thin Wafer Processing and Dicing Equipment Market - A cutting-edge technology, industry survey and new business opportunities 2024

Global Thin Wafer Processing and Dicing Equipment Market: Overview Rising demand for three dimensional integrated circuit used extensively across various miniature semiconductor devices is one of the important factor anticipated to boost the demand for thin wafer processing and dicing equipment in the coming years. Three dimensional integrated circuit are increasingly adopted across various space constrained applications including portable consumer electronic devices, sensors, MEMS and industrial products as it increases the overall performance of the products in terms of speed, durability, low power consumption, light weight and memory. Moreover, three dimensional integrated circuit also helps to reduce the area of consumption in a printed circuit board and in turn enables extensive cost reduction. Thin wafer of thickness 20 um – 50 um is an integral part of the three dimensional integrated circuit technology. Thus, anticipated increasing demand for three dimensional integra...
1 comment
Read more

Data Science Platform Market Set to Witness Significant Growth in the Coming Years

Data Science Platform Market: Overview Big data, advance analytics and predictive modeling are now becoming indispensable part of business houses, who are striving to optimize decision-making and deliver value to customers. With rise in enormous data generated in various digital platforms and corresponding increase in use of various data analytics tool the phrase “data science platform” has been tossed around about a lot recently. Data science platforms are supposed to be an arena where plethora of various data scientists works are collected. In colloquial term, data science platform terms defines that it provides various algorithm integrated with analytical tools that help data analyst to cluster and explore data from varied sources, and further design and implement models. These models sought from data science platform helps in framing decisions and strategies. Data science platform assist wide array of various suite of tools that is being introduced subsequently implemented ...
Post a Comment
Read more

Harbor Management System Market: Market Scope and Size by Application

Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Through the graphical overview, harbor managers can also recognize if the vessels are moving toward each other, which can lead to a collision and can alert the vessels to divert their route a bit from t...
Post a Comment
Read more