Global Non-volatile memory (NVM) Market Worth $115 Billion by 2025

Non-Volatile Memory (NVM) Market Overview :

Global Non-volatile memory (NVM) Market is estimated to reach $115 billion by 2025; growing at a CAGR of 10.2% from 2017 to 2025. Non-volatile memory (NVM) is a type of computer memory that has the capability to hold saved data even if the power is turned off. Unlike volatile memory, NVM does not require its memory data to be periodically refreshed. It is commonly used for secondary storage or long-term consistent storage. It is electrically programmable and erasable to store changes in a particular location within the storage device and able to retain that change even after power outage. Presently, non-volatile memory finds its wide application in data centers and consumer electronics, which enhance the data transfer speed and prevent data loss. Hard disk, flash memory, and magnetic tape are the most common examples of non-volatile memories.

Global Non-Volatile Memory (NVM) Market Size and Forecast, 2016 – 2025

Rising demand for non-volatile memory in connected and wearable devices, increasing demand for high speed, highly scalable and low power consumption memory devices, and growing usage of next generation NVM in mobile phones to enhance customer experience are the primary factors to drive the growth of the global non-volatile memory market. However, high design cost, and low write endurance rate are the major drawbacks hindering the market growth. Moreover, growing adoption of high-end computing, servers, and data centers, and emergence of advanced storage technologies such as MRAM, NRAM 3D XPoint, and SONOS are expected to present potential growth opportunities over the forecast timeframe.

Type, application, industry vertical, and geography are the major segments considered in the global non-volatile memory market. The type segment is sub-segmented into electrically addressed (ROM, NVRAM, and emerging memory), mechanically addressed (magnetic tape, hard-disk drive, optical-disk drive, millipede memory, and holographic data storage), and other types (FRAM, Zero RAM, nanobridge, and molecular). The application segment is further bifurcated into consumer electronics, healthcare monitoring, automotive & transportation, enterprise storage, industrial, and others applications (power & energy distribution and defense & aerospace application). Furthermore, by industry vertical the segment includes telecom & IT, healthcare, automotive, energy & power, manufacturing industries, and other industry verticals (BFSI, media & entertainment, and aerospace).

Global Non-Volatile Memory (NVM) Market, by Type

On the basis of geographical analysis the global NVM market is segmented in North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico, whereas Europe segment consists of UK, Germany, Russia, France, and Rest of Europe. Asia-Pacific is segmented into China, Singapore, Japan, South Korea and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Global Non-Volatile Memory (NVM) Market Regional Revenue % (2017 Vs 2025)

Key industries operating in the global NVM market include Samsung Electronics Co. Ltd., International Business Machine Corporation, Crossbar Inc., Toshiba Corporation, Adesto Technologies, Fujitsu Ltd, Intel Corporation, Micron Technology, Inc., SK Hynix, Inc., and, among others.

The key takeaways from the report

The report will provide detailed analysis of Global Non-volatile memory (NVM) Market with respect to major segments such as type, application, industry vertical, and geography
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Non-volatile memory (NVM) Market has been included in the report
Profile of the key players in the Global Non-volatile memory (NVM) Market will be provided, which include key financials, product & services, new developments and business strategies

Scope of the Global Non-volatile memory (NVM) Market

Type Segments

Electrically Addressed

ROM
NVRAM
Emerging Memory

Mechanically Addressed

Magnetic Tape
Hard-Disk Drive
Optical-Disk Drive
Millipede Memory
Holographic Data Storage

Other Types

FRAM
Zero RAM
Nanobridge
Molecular

Application Segments

Consumer Electronics
Healthcare Monitoring
Automotive & Transportation
Enterprise Storage
Industrial
Others Applications (Power & Energy Distribution And Defense & Aerospace Application)

Industry Vertical Segments