Market Overview:
The global next-generation memory market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for next-generation memory solutions across various applications, such as automotive, transportation, military and defense, industrial, communication, energy and electricity sectors. Additionally, the growing trend of miniaturization in electronic devices is also fueling the demand for next-generation memories. However, high costs associated with these memories are restraining their wider adoption in consumer electronics applications. Moreover, volatility in prices of raw materials used in manufacturing these memories is also a major challenge faced by players operating in this market.
Product Definition:
Next-generation memory is a type of computer memory that is designed to be faster, more reliable, and longer lasting than traditional dynamic random access memory (DRAM). Next-generation memories are also often referred to as non-volatile memories because they retain their data even when the power is turned off. Some next-generation memories include resistive random access memory (RRAM), phase change RAM (PCRAM), magnetoresistive RAM (MRAM), and ferroelectric RAM (FRAM).
The importance of next-generation memories lies in their potential to improve the performance of computers, smartphones, and other electronic devices. For example, next-generation memories can help reduce power consumption by allowing devices to operate in a low power state when not in use. They can also speed up data retrieval by eliminating the need for time consuming DRAM refreshes. Additionally, next generation memories are more durable than traditional DRAMS and can thus offer longer service life spans.
Non-Volatile Memory:
Non-volatile memory is a class of computer memory that can retain data even when power to the system is lost. It includes two types of memories, known as NAND and NOR, which are made using silicon wafers. The technology has been around for more than 30 years but has recently gained popularity due to its use in Solid State Drives (SSDs).
Volatile Memory:
Volatile memory is a type of memory that requires power in the form of electricity to maintain the information stored on its magnetic or electronic media. The most common example of volatile memory is found in computers, where RAM ( Random Access Memory) and ROM (Read-Only Memory) are types of volatile memories used for different purposes.
The Next-Generation Memory market has been witnessing significant growth over the past few years owing to increasing demand for high capacity, low latency,.
Application Insights:
The automobile, transportation application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The automotive industry extensively utilizes next-generation memory as a storage medium for various applications such as infotainment systems, navigation systems, and engine control units. These components require less power consumption and offer enhanced performance compared to conventional technologies used in automobiles. Moreover, next-generation memory provides increased capacity for storing additional data which further enhances the user experience of vehicles equipped with these devices.
The military & defense segment is anticipated to witness lucrative growth over the forecast period owing to increasing investments by governments worldwide in developing advanced weapons along with related infrastructure such as large scale data centers that store huge volumes of information pertaining to military activities.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from China, India, South Korea, Japan, and Taiwan. The increasing use of smartphones with high storage capacity is driving the need for higher memory capacities in these countries. Moreover, growing investments by key players such as Samsung Electronics Co., Ltd.; SK Hynix Inc.; Micron Technology Inc.; and Toshiba Corporation are anticipated to drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand for data storage: The Next-Generation Memory market is expected to grow at a CAGR of over 20% from 2016 to 2024, owing to the increasing demand for data storage across various industries. With the advent of big data and IoT, the need for high-speed and high-capacity memory solutions is increasing rapidly, which is fueling the growth of Next-Generation Memory market.
- Rising adoption of cloud computing: Cloud computing is one of the major drivers for Next-Generation Memory market as it requires high performance and low latency memory solutions. The growing popularity of cloud services among businesses and consumers is resulting in an increase in demand for Next-Generation Memory products.
- Emergence of new applications: The emergence of new applications such as artificial intelligence (AI), machine learning (ML), augmented reality (AR), and virtual reality (VR) are creating new opportunities for the growthofNext Generation Memory market . These applications require advanced memory technologies that can handle large amounts offormatted or unformatted data quickly without any lag time, thus drivingthe adoptionofNext GenerationMemory productsamong OEMsand end users alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Next-Generation Memory Market Research Report
By Type
Non-Volatile Memory, Volatile Memory
By Application
Automobile, Transportation, Military, Defense, Industrial, Communication, Energy, Electricity, Medical, Agricultural, Retail, Other
By Companies
Samsung, Toshiba, Micron, Sk Hynix, Western Digital, Adesto, Intel, Microchip, Everspin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Next-Generation Memory Market Report Segments:
The global Next-Generation Memory market is segmented on the basis of:
Types
Non-Volatile Memory, Volatile Memory
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile, Transportation, Military, Defense, Industrial, Communication, Energy, Electricity, Medical, Agricultural, Retail, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- Toshiba
- Micron
- Sk Hynix
- Western Digital
- Adesto
- Intel
- Microchip
- Everspin
Highlights of The Next-Generation Memory Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-Volatile Memory
- Volatile Memory
- By Application:
- Automobile, Transportation
- Military, Defense
- Industrial
- Communication
- Energy, Electricity
- Medical
- Agricultural
- Retail
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Next-Generation Memory Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Next-generation memory is a type of computer memory that uses non-volatile storage, such as flash or magnetic disks. This type of memory can retain data even when the power is turned off.
Some of the key players operating in the next-generation memory market are Samsung, Toshiba, Micron, Sk Hynix, Western Digital, Adesto, Intel, Microchip, Everspin.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Next-Generation Memory Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Next-Generation Memory Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Next-Generation Memory Market - Supply Chain
4.5. Global Next-Generation Memory Market Forecast
4.5.1. Next-Generation Memory Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Next-Generation Memory Market Size (000 Units) and Y-o-Y Growth
4.5.3. Next-Generation Memory Market Absolute $ Opportunity
5. Global Next-Generation Memory Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Next-Generation Memory Market Size and Volume Forecast by Type
5.3.1. Non-Volatile Memory
5.3.2. Volatile Memory
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Next-Generation Memory Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Next-Generation Memory Market Size and Volume Forecast by Application
6.3.1. Automobile, Transportation
6.3.2. Military, Defense
6.3.3. Industrial
6.3.4. Communication
6.3.5. Energy, Electricity
6.3.6. Medical
6.3.7. Agricultural
6.3.8. Retail
6.3.9. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Next-Generation Memory Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Next-Generation Memory Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Next-Generation Memory Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Next-Generation Memory Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Next-Generation Memory Demand Share Forecast, 2019-2026
9. North America Next-Generation Memory Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Next-Generation Memory Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Next-Generation Memory Market Size and Volume Forecast by Application
9.4.1. Automobile, Transportation
9.4.2. Military, Defense
9.4.3. Industrial
9.4.4. Communication
9.4.5. Energy, Electricity
9.4.6. Medical
9.4.7. Agricultural
9.4.8. Retail
9.4.9. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Next-Generation Memory Market Size and Volume Forecast by Type
9.7.1. Non-Volatile Memory
9.7.2. Volatile Memory
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Next-Generation Memory Demand Share Forecast, 2019-2026
10. Latin America Next-Generation Memory Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Next-Generation Memory Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Next-Generation Memory Market Size and Volume Forecast by Application
10.4.1. Automobile, Transportation
10.4.2. Military, Defense
10.4.3. Industrial
10.4.4. Communication
10.4.5. Energy, Electricity
10.4.6. Medical
10.4.7. Agricultural
10.4.8. Retail
10.4.9. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Next-Generation Memory Market Size and Volume Forecast by Type
10.7.1. Non-Volatile Memory
10.7.2. Volatile Memory
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Next-Generation Memory Demand Share Forecast, 2019-2026
11. Europe Next-Generation Memory Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Next-Generation Memory Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Next-Generation Memory Market Size and Volume Forecast by Application
11.4.1. Automobile, Transportation
11.4.2. Military, Defense
11.4.3. Industrial
11.4.4. Communication
11.4.5. Energy, Electricity
11.4.6. Medical
11.4.7. Agricultural
11.4.8. Retail
11.4.9. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Next-Generation Memory Mrket Size and Volume Forecast by Type
11.7.1. Non-Volatile Memory
11.7.2. Volatile Memory
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Next-Generation Memory Demand Share, 2019-2026
12. Asia Pacific Next-Generation Memory Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Next-Generation Memory Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Next-Generation Memory Market Size and Volume Forecast by Application
12.4.1. Automobile, Transportation
12.4.2. Military, Defense
12.4.3. Industrial
12.4.4. Communication
12.4.5. Energy, Electricity
12.4.6. Medical
12.4.7. Agricultural
12.4.8. Retail
12.4.9. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Next-Generation Memory Market Size and Volume Forecast by Type
12.7.1. Non-Volatile Memory
12.7.2. Volatile Memory
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Next-Generation Memory Demand Share, 2019-2026
13. Middle East & Africa Next-Generation Memory Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Next-Generation Memory Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Next-Generation Memory Market Size and Volume Forecast by Application
13.4.1. Automobile, Transportation
13.4.2. Military, Defense
13.4.3. Industrial
13.4.4. Communication
13.4.5. Energy, Electricity
13.4.6. Medical
13.4.7. Agricultural
13.4.8. Retail
13.4.9. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Next-Generation Memory Market Size and Volume Forecast by Type
13.7.1. Non-Volatile Memory
13.7.2. Volatile Memory
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Next-Generation Memory Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Next-Generation Memory Market: Market Share Analysis
14.2. Next-Generation Memory Distributors and Customers
14.3. Next-Generation Memory Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toshiba
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Micron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sk Hynix
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Western Digital
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Adesto
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Microchip
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Everspin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
