New Study from StrategyR Highlights a $290.2 Million Global Market for NanoRAM by 2026
SAN FRANCISCO, Nov. 16, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "NanoRAM - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Global NanoRAM Market to Reach US$290.2 Million by the Year 2026
Amid the COVID-19 crisis, the global market for NanoRAM estimated at US$44.8 Million in the year 2020, is projected to reach a revised size of US$290.2 Million by 2026, growing at a CAGR of 37.8% over the analysis period. Enterprise Network & Systems, one of the segments analyzed in the report, is projected to grow at a 35.7% CAGR to reach US$301.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Embedded Systems segment is readjusted to a revised 45.9% CAGR for the next 7-year period. This segment currently accounts for a 11% share of the global NanoRAM market.
The U.S. Market is Estimated at $22.1 Million in 2021, While China is Forecast to Reach $71.9 Million by 2026
Embedded Systems Segment to Reach $44.5 Million by 2026
About Global Industry Analysts, Inc. & StrategyR™
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SOURCE Global Industry Analysts, Inc.
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