Next-Generation Memory Market Analysis, Growth, Size, Demand, Trends, Share and Forecast 2021

Next-Generation Memory Market Insights:

The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study.

Competitive Rivalry of the Next-Generation Memory Market:

The leading players in the next-generation memory market include Fujitsu, Everspin, Micron, Samsung, Toshiba, Western Digital, Adesto, SK Hynix, Intel, and Microchip, among others.

Drivers of the Next-Generation Memory Market:

The significant factors contributing to the growth of the next-generation memory market include the strong demand for enterprise storage systems and applications, followed by an increase in requirement for fast, scalable, and technologically advanced memory devices. Moreover, the rising usage of universal storage devices is projected to surge the growth of the next-generation memory market. Increasing demand for enterprise storage applications, the requirement for low power consumption, followed by high bandwidth and a highly accessible memory device are certain factors boosting the growth of the next-generation memory market. Moreover, the growing demand for enterprise storage applications will bring new opportunities for the next-generation memory market in the upcoming years. On the other hand, increasing designing cost and stability in extreme environmental conditions are hampering the market growth during the forecast period. Furthermore, a low write endurance rate will hinder the growth of the next-generation memory market.

Based on the region, Asia-Pacific is expected to dominate the market during the forecast period. The key drivers surging the growth of the next-generation memory market in the region include the presence of many data centers and servers as well as growing demand for consumer electronics and storage devices in the region. Additionally, the high GDP growth rate, along with the increasing disposable income of people in major countries such as Japan, India, China, South Korea, is further accelerating the growth of the market in the region.

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Market Segmentation:

The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below:

Breakup by Technology:

Volatile Memory
Non-Volatile Memory

Breakup by Application:

Consumer Electronics
Enterprise Storage
Automotive and Transportation
Military and Aerospace
Industrial
Telecommunications
Energy and Power
Healthcare
Agriculture
Retail

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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