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Markets and Markets : Non-Volatile Memory Market worth $40.2 Billion by 2020
[June 25, 2014]

Markets and Markets : Non-Volatile Memory Market worth $40.2 Billion by 2020

(M2 PressWIRE Via Acquire Media NewsEdge) According to a new market research report "Non-Volatile Memory Market by Type (Traditional, Emerging), Product (Printed Memory, Hard disk drives and others), Application (Industrial, Healthcare, Automotive, Energy and Power, Enterprise Storage and others) and Geography - Global Trends & Forecasts to 2014 - 2020", the total market is expected to reach $40.2 billion by 2020. Early buyers will receive 10% customization on this report.

Non-volatile memory Market is used to store data even if it is non-powered. It is used for secondary storage; especially, long term storage, as these memory devices do not require continuous power supply for storing information. Because of this, the non-volatile memories are widely used in mission critical applications such as data centers. Although devices which can store information up to few terabytes are available, the growing storage needs are expected to push the market ahead.

Purchase Report @ The report segments the nvm market on the basis of the different types of technologies, applications, and geographies. Further, it contains revenue forecasting and analyzes the trends in the market. The geographical analysis contains the in-depth classification of Americas, Europe, and APAC, which contains the major countries covering the market. Further, the Middle-East and Africa have been classified under the ROW region. Each of these geographies has been further split by the major countries existing in this market. The sections and the sub-segments in the report would contain the drivers, restraints, opportunities, and current market trends; and the technologies expected to revolutionize the non-volatile memory domain.

The memory technologies that widely used in the computing industry today are, DRAM and NAND flash; DRAM delivers the highest performance (latency / speed), but it is volatile memory and has much lower capacity than other NAND flash. On the other hand, NAND Flash scales to high capacity and is relatively cheaper ($/Gbit), but is much slower than that of DRAM. There is much discussion in the industry as which newer technologies can be consider as replacement or real contenders to succeed either or both NAND flash & DRAM memory. Therese new emerging technologies include MRAM, FRAM, PCM, STT-RAM, nvDIMM and ReRAM.

Inquiry Before Buying @ There are wide ranges of applications available where non-volatile memory chipset can go into. The global market is expected to be dominated by consumer electronics application and its sub application segment. NVM is expected to be used extensively in mass storage, especially in enterprise storage applications.

About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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