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Magneto Resistive RAM (MRAM) Market Worth $4.80 Billion by 2025: Grand View Research, Inc.SAN FRANCISCO, May 15, 2017 /PRNewswire/ -- The global magneto resistive RAM (MRAM) market is expected to reach USD 4.80 billion by 2025, according to a new study by Grand View Research, Inc. Non-volatile memories, such as MRAM and Resistive random Access Memory (RRAM/ReRAM), are expected to replace the existing volatile memories such as Dynamic Random Access Memory (DRAM) and Static Random-Access Memory (static RAM or SRAM). The replacement would be possible due to different benefits offered by the advance non-volatile memories. The existing flash memories are facing technological limits; and their further advancements are expected to increase their costs, thus, leading to the invention of non-volatile memories that are capable of avoiding data loss on power discharge. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, smart cards, and storage class memories for enterprise storage, are expected to offer immense opportunities to the market. The first generation MRAM and second generation Spin-Transfer Torque MRAM (STT-MRAM) are expected to replace traditional DRAMs and SRAMs. Initially, the prices associated with these memories are expected to be high, which would reduce with the increasing rates of developments. Moreover, the increasing demand of these memories is predicted to promote the demand for equipment, used in their manufacturing. The manufacturing of these memories require specialized fabrication equipment, similar to those used in magnetic read sensors. Thus, promoting the growth of capital equipment required for manufacturing of non-volatile memories equipment. The market may face challenges due to its complex structure and high costs of manufacturing of memories. However, these challenges can be circumvented by technological advancements and increased production. Browse full research report with TOC on "Magneto Resistive RAM (MRAM) Market Analysis By Type (Toggle, Spin-Transfer Torque), By Application (Consumer Electronics Robotics, Automotive, Enterprise Storage, Aerospace), By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/magneto-resistive-ram-random-access-memory-mram-market Further key findings from the report suggest:
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Grand View Research has segmented the global Magneto Resistive RAM (MRAM) market based on type, application, and region:
Read Our Blog: http://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. 
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