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The memristors market was valued at USD 278.05 million in 2018 and is expected reach USD 8879.25 million by 2024 to register a CAGR of 52.7% during the forecast period 2019NEW YORK, Oct. 8, 2019 /PRNewswire/ -- Market Overview Read the full report: https://www.reportlinker.com/p05821492/?utm_source=PRN - A memristor computer is much better than conventional transistor computers. This experimental-scale computer had more than 5,800 memristors. However, a commercial computer could have millions of memristors. - The arrival of higher graphics systems further drives the need for better processing speeds. Owing to these trends, the adoption rate of memristors is expected to increase during the forecast period. Graphics double data rate type five synchronous (GDDR5) RAM was the industry standard in the consumer electronics sector in the past decade. North America to Hold the Largest Market Share - North America is one of the most significant markets for memristor, owing to the high rate of investment in R&D by local players, along with the highly informed integrator base of memristor component, when compared to other regions. - Many of the prominent market players are US-based, and the country is also one of the most prominent contributors to a majority of the applications of memristors, including neuromorphic computing, automotive, flexible electronics, IoT, edge computing, and industrial robotics in the recent past. - The region's investment in markets, like edge computing and system on-chip (SoC) is significantly higher, when compared to other parts of the world. For instance, a US-based company, CenturyLink, announced in August 2019 that the company is planning a "several hundred-million-dollar investments" in an edge compute network, starting with 100 initial locations across the United States. - The developments and innovations in the regional neuromorphic computing, edge computing and storage memory market, especially by local players, is anticipated to augment the market growth for the memristor technology not only in the region but also globally. Also, it will expand its industrial adoption across various end-user industries. Competitive Landscape The memristors market is highly competitive and consists of several players. Few players currently dominate the market, however, with the advancements in the non-volatile memory segment, most of the companies are increasing their market presence, thereby tapping the various end-user segments. - August 2019 - 4DS Memory Limited was granted its 22nd patent in the United States: "Resistive Memory Device Having a Retention Layer". The invention relates to the company's in-house, developed, and fully-owned Interface Switching ReRAM technology, and specifically to its operation as a high-speed Storage Class Memory, as announced on June 13, 2017 – "4DS ReRAM Reaches Read Speed Comparable to DRAM". - February 2019 - Crossbar Inc. and Robosensing Inc. announced an AI consortium, which may deliver a vastly accelerated, power-saving AI platform and standard that enables new, AI-rich capability for edge computing, gateways, cloud, and data centers. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - Report customization as per the client's requirements - 3 months of analyst support Read the full report: https://www.reportlinker.com/p05821492/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |