Next-gen Non-volatile Memory Highly Demanded by Electronics Industry

San Francisco, California, October 26, 2017: “Next Generation Non-Volatile Memory Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” is the latest report added by TMR Research which speaks about the present competitive market landscape of the international market for next generation non-volatile memory along with its micro and macro-economic directives, mandates, and regulations that monitor the global market. The study report also provide extensive information on both quantitative as well as qualitative evaluation of the global next generation non-volatile memory market by inspecting the information collected from key market companies and industry professionals.

In the current age of digitization, anything and everything is stored on a small memory chip of the concerned electronic device. Ranging from handheld gadgets to large supercomputers, all the common computing platforms make use of storage systems to put in data permanently or temporarily. However, if the primary storage breaks down or is under some temporary maintenance, it becomes highly difficult to recover the data. Non-volatile memory is usually used for the consistent long term data storages. Growing usage of smart gadgets and devices such as tablets and smartphones is expected to propel the requirement for the next generation non-volatile memory. Flash memory, magnetic tape, and hard disk are some of the most common examples non-volatile memory.

The next generation non-volatile memory technologies are expected to continue gaining large scale attention across the electronics manufacturing industry. In the past few years, their applications have gathered a lot of popularity across a wide range of client computers and data centers. The push of using non-volatile memory technologies comes from the requirement for rapid read and write performance, scalability, and simple structure. In addition to this, the next generation non-volatile memories permit for a swift incorporation with the complementary process of metal oxide semiconductor. Recent developments in the cache memory and spin logic devices have propelled capital investments of production companies in several developed and developing nations. Numerous advantages of using these non-volatile memory technologies as the chief memory of the computing system has led to a considerable reduction in the overall power usage. Furthermore, these technologies are being growing found vital in offering a stable computing architecture that can sustain its state even when there is a power cut.

The global market for next generation non-volatile memory is expected to be mainly driven due to factors such as increase in the need for mass storage and devices for universal storage, increasing demand for highly scalable, economical, and fast memory solutions. In addition to this, as the conventional memory technologies are facing degradation, it is expected to provide a massive push for the next generation non-volatile memory market. Growing demand for the next generation non-volatile memory devices across the different industrial application and as an alternative for flash memories is also expected to drive the overall development of the global market over the course of the given forecast period of 2017 to 2025.

However, there are some challenges that may pose some problem in letting the global next generation non-volatile memory market to its full potential. High designing expenses is expected to restrict the growth of the market over the coming years.

In terms of geography, the global market for next generation non-volatile market can be segmented into key regions such as Europe, North America, Latin America, the Middle East and Africa, and Asia Pacific. Of these mentioned regions, because of the presence of the emerging economies such as China, India, and South Korea, the market in Asia Pacific is expected to dominate the global market over the coming years.

Some of the key companies operating in the global next generation non-volatile memory market include names such as Everspin Technologies, Toshiba Corporation, Intel Corporation, Samsung Electronics, and Fujistu Ltd. among others.

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