Next Generation Memory Market is expected to reach 1800 million USD growing at a CAGR of 24.0% by Planet Market Reports

Next Generation Memory Consumption Market | Forecast 2018-2023

In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Next Generation Memory market for 2018-2023.

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cost effective and provides faster memory solutions whereas older memory technologies have limitations because of their outdated architecture and higher power consumption.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 latter’s 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.
Over the next five years, Planet Market Reports projects that Next Generation Memory will register a 24.0% CAGR in terms of revenue, reach US$ 1800 million by 2023, from US$ 490 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Next Generation Memory market by product type, application, key manufacturers and key regions.

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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:

Segmentation by product type:
PCM
ReRAM
MRAM
FeRAM

Segmentation by application:

Consumer Electronics
Enterprise Storage
Automotive and Transportation
Military and Aerospace
Telecommunications
Others

This report also splits the market by region:

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

Intel
Micron Technology
Panasonic
Cypress Semiconductor
Fujitsu
Everspin
ROHM Semiconductor
Adesto Technologies
Crossbar

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Next Generation Memory consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Next Generation Memory market by identifying its various subsegments.
Focuses on the key global Next Generation Memory manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Next Generation Memory with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Next Generation Memory submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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