This report presents the worldwide Next Generation Memory market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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This report studies the Next Generation Memory market. The Next Generation Memory is cost effective and provides faster memory solutions whereas older memory technologies have limitations because of their outdated architecture and higher power consumption. The Next Generation Memory provides high data transmission speed and high storage capacity. And Next Generation Memory likely will first supplement existing memory technology to help overcome the latters scaling deficiencies.
The global market of Next Generation Memory Industry is really scattered due to the wide application and consumption scale. The top five industry leaders are Intel, Micron Technology, Panasonic, Cypress Semiconductor and Fujitsu, accounting for 48.48% of the whole market in 2017.
The major drivers for the growth of the NGM market are big data demand for universal memory devices; increasing demand for enterprise storage application; and 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.
Of all the major applications of NGM, enterprise storage holds 25.97%which is the largest share of the NGM market. The demand for enterprise storage is more owing to the growing date centers across the globe. Increasing need for data storage capabilities in cloud storage and data centers is also creating demand for NGM storage devices in enterprise storage.
The Next Generation Memory market was valued at 490 Million US$ in 2017 and is projected to reach 2530 Million US$ by 2025, at a CAGR of 22.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Next Generation Memory.
The following manufacturers are covered in this report:
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Next Generation Memory Breakdown Data by Type
Next Generation Memory Breakdown Data by Application
Automotive and Transportation
Military and Aerospace
Next Generation Memory Production by Region
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