Market Overview:
The global nonvolatile 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 nonvolatile memories from various applications, such as electronics, energy & power distribution, automotive & transportation, telecommunication and others. In addition, the growing demand for advanced and high-performance nonvolatile memories is also contributing to the growth of this market. The traditional non-volatile memories segment is expected to hold a major share of the global non-volatile memory market during the forecast period. This segment includes NOR flash memory and NAND flash memory. However, with advancements in technology, new types of emerging memories are gaining traction in this market. These include resistive random access memory (RRAM), phase change RAM (PCRAM), ferroelectric RAM (FRAM) and magnetic random access memory (MRAM). The emerging memories segment is projected to grow at a higher CAGR than that of traditional non-volatile memories during the forecast period.
Product Definition:
Nonvolatile Memory is a type of computer memory that can retain information even when it is not powered. Nonvolatile Memory is used in devices such as digital cameras, USB flash drives, and solid-state drives.
Traditional Non-Volatile Memories:
Traditional Non-Volatile MEMories (TNNVM) are a class of electrically erasable programmable read-only memory (EEPROM), flash memory, and resistive RAM. TNNVM was initially developed for the IBM PC compatible personal computer industry by Micron Technology Inc., and later adopted by other manufacturers as well. The primary factor responsible for its adoption was their ability to provide high storage capacity in a relatively small space at an affordable price.
Emerging Memories:
Emerging memories is a new technology that aims to overcome the limitations of traditional computer memory. Emerging memories can store a large amount of data, in the form of patterns, and recall it at any time. This property makes emerging memories very useful for applications such as personalization and security where data must be retained even after power loss. The increasing demand for high capacity non-volatile memory has led to several companies developing products based on emerging technologies. For instance, Micron Technology Inc.
Application Insights:
The electronics segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. Nonvolatile memory provides excellent retention and storage capabilities, which are required by electronic devices such as smartphones, tablets, laptops and cameras. The increasing demand for non- volatile memories from various electronic applications is expected to drive growth over the coming years.
Nonvolatile memory offers a cost-effective solution in energy & power distribution applications as it eliminates expensive rotating hard disks drives used by traditional magnetic disk computers. This technology also offers high density at low costs per bit compared to flash or DRAM technologies that are widely used today across data centers. Emerging technologies such as phase change memory provide an ideal solution in this industry due to their ability to store critical data without any moving parts while providing fast access when needed leading into higher adoption of these types of memories across energy & power distribution application segments over the coming years.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the presence of key industry participants such as Toshiba, Samsung, Hynix, and Micron. The growing demand for smartphones and increasing penetration of e-commerce are also driving the regional market growth. Furthermore, rising disposable income coupled with high population growth in developing countries such as China and India is expected to drive product demand further.
North America was one of the largest markets for nonvolatile memory with a revenue share of over 15% in 2016 due to its well-established electronics manufacturing sector along with being an early adopter for emerging technologies. However, sluggish PC sales may hinder future product adoption by end users which constitute most part of North America’s electronic products market space.
Growth Factors:
- Increasing demand for data storage: The global nonvolatile memory market is expected to grow at a CAGR of over 15% from 2016 to 2024, owing to the increasing demand for data storage across various industries.
- Growing popularity of wearable devices: The growing popularity of wearable devices is another major factor driving the growth of the nonvolatile memory market. Nonvolatile memories are used in various applications such as smart watches, fitness trackers, and medical implants.
- Rising demand for automotive electronics: The increasing use of electronics in automobiles is also contributing to the growth of the nonvolatile memory market. Nonvolatile memories are used in a wide range of automotive applications such as engine control units (ECUs), infotainment systems, and advanced driver assistance systems (ADASs).
- Proliferation of Internet-of-Things (IoT): The proliferation IoT is another key factor fueling the growth of the global nonvolatile memory market .Non volatile memories are extensively used in IoT applications such as home automation, smart cities, and industrial automation..
Scope Of The Report
Report Attributes
Report Details
Report Title
Nonvolatile Memory Market Research Report
By Type
Traditional Non-Volatile Memories, Emerging Memories
By Application
Electronics, Energy & Power Distribution, Automotive & Transportation, Telecommunication, Others
By Companies
Samsung Electronics., Toshiba Corporation, Intel Corporation, Micron Technology, Inc., Fujitsu Ltd, SK Hynix, Inc., Microchip Technology, Sandisk Corporation, Adesto Technologies, Viking Technology, Crossbar Inc., Everspin Technologies Inc., Nantero, Inc
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Nonvolatile Memory Market Report Segments:
The global Nonvolatile Memory market is segmented on the basis of:
Types
Traditional Non-Volatile Memories, Emerging Memories
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
Electronics, Energy & Power Distribution, Automotive & Transportation, Telecommunication, Others
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 Electronics.
- Toshiba Corporation
- Intel Corporation
- Micron Technology, Inc.
- Fujitsu Ltd
- SK Hynix, Inc.
- Microchip Technology
- Sandisk Corporation
- Adesto Technologies
- Viking Technology
- Crossbar Inc.
- Everspin Technologies Inc.
- Nantero, Inc
Highlights of The Nonvolatile 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:
- Traditional Non-Volatile Memories
- Emerging Memories
- By Application:
- Electronics
- Energy & Power Distribution
- Automotive & Transportation
- Telecommunication
- Others
- 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 Nonvolatile 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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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Nonvolatile memory is a type of computer storage that retains data even when the power is turned off. This type of memory can be used to store information such as passwords, user profiles, and other sensitive data.
Some of the key players operating in the nonvolatile memory market are Samsung Electronics., Toshiba Corporation, Intel Corporation, Micron Technology, Inc., Fujitsu Ltd, SK Hynix, Inc., Microchip Technology, Sandisk Corporation, Adesto Technologies, Viking Technology, Crossbar Inc., Everspin Technologies Inc., Nantero, Inc.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nonvolatile 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. Nonvolatile Memory Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nonvolatile Memory Market - Supply Chain
4.5. Global Nonvolatile Memory Market Forecast
4.5.1. Nonvolatile Memory Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nonvolatile Memory Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nonvolatile Memory Market Absolute $ Opportunity
5. Global Nonvolatile 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. Nonvolatile Memory Market Size and Volume Forecast by Type
5.3.1. Traditional Non-Volatile Memories
5.3.2. Emerging Memories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nonvolatile 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. Nonvolatile Memory Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Energy & Power Distribution
6.3.3. Automotive & Transportation
6.3.4. Telecommunication
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nonvolatile 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. Nonvolatile 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 Nonvolatile 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. Nonvolatile 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 Nonvolatile Memory Demand Share Forecast, 2019-2026
9. North America Nonvolatile 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 Nonvolatile 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 Nonvolatile Memory Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Energy & Power Distribution
9.4.3. Automotive & Transportation
9.4.4. Telecommunication
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nonvolatile Memory Market Size and Volume Forecast by Type
9.7.1. Traditional Non-Volatile Memories
9.7.2. Emerging Memories
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 Nonvolatile Memory Demand Share Forecast, 2019-2026
10. Latin America Nonvolatile 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 Nonvolatile 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 Nonvolatile Memory Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Energy & Power Distribution
10.4.3. Automotive & Transportation
10.4.4. Telecommunication
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nonvolatile Memory Market Size and Volume Forecast by Type
10.7.1. Traditional Non-Volatile Memories
10.7.2. Emerging Memories
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 Nonvolatile Memory Demand Share Forecast, 2019-2026
11. Europe Nonvolatile 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 Nonvolatile 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 Nonvolatile Memory Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Energy & Power Distribution
11.4.3. Automotive & Transportation
11.4.4. Telecommunication
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nonvolatile Memory Market Size and Volume Forecast by Type
11.7.1. Traditional Non-Volatile Memories
11.7.2. Emerging Memories
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 Nonvolatile Memory Demand Share, 2019-2026
12. Asia Pacific Nonvolatile 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 Nonvolatile 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 Nonvolatile Memory Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Energy & Power Distribution
12.4.3. Automotive & Transportation
12.4.4. Telecommunication
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nonvolatile Memory Market Size and Volume Forecast by Type
12.7.1. Traditional Non-Volatile Memories
12.7.2. Emerging Memories
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 Nonvolatile Memory Demand Share, 2019-2026
13. Middle East & Africa Nonvolatile 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 Nonvolatile 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 Nonvolatile Memory Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Energy & Power Distribution
13.4.3. Automotive & Transportation
13.4.4. Telecommunication
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nonvolatile Memory Market Size and Volume Forecast by Type
13.7.1. Traditional Non-Volatile Memories
13.7.2. Emerging Memories
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 Nonvolatile Memory Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nonvolatile Memory Market: Market Share Analysis
14.2. Nonvolatile Memory Distributors and Customers
14.3. Nonvolatile Memory Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung Electronics.
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 Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Intel Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Micron Technology, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fujitsu Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SK Hynix, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Microchip Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sandisk Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adesto Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Viking Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Crossbar Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Everspin Technologies Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nantero, Inc
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