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Next Generation Memory Market 2019 Growing Rapidly with Industry Size, Share, Types, Applications of Manufacturers Forecast to 2024


The “Next Generation Memory Market” 2019 gives in-depth analysis of the market growth rate, raw material sources, value chain format, various innovative strategies, import/export, price structure, distribution channel, and production value. Next Generation Memory market research study offers the market share, size, and forecasts at the global level in addition to the regional analysis. It also analyses and provides the global market size of the main players in each region. The industry-changing reasons for the market segments are explored in this report.

Market Overview:

  • The global next generation memory market was valued at USD 2.85 billion in 2018 and is expected to reach a value of USD 8.86 billion by 2024 at a CAGR of 25.12%, during the forecast period 2019-2024. The explosion in data generation has fueled the demand for improved memory and storage types at the workplace. Traditional memory systems have been struggling to keep up with the increased volume of data, bandwidth requirements in the systems and speed requisite in the current generation systems.
  • – Emerging memory technologies brings the potential to foray by allowing to store more data at less cost than the expensive-to-build silicon chips used by popular consumer electronic gadgets including digital cameras, cell phones, notebooks, etc. The demand for these consumer products has been increasing which has been further driving the market with key players actively investing in innovation and research and development.
  • – Memories, therefore, are a critical part of future embedded systems and the next generation memory holds great potential to resolve the bandwidth, speed and size problems. These are expected to become a market regular by 2024 and occupy a significant share in the market by the end of the forecast period.
  • – Adoption of next-generation infotainment systems and ADAS would be fusing the DRAM memory technologies that would have much higher – performance and low power consumption capabilities. At present, the penetration of automated cars is moderately low, which is projected to spur in the coming years.
  • – However, lack of stability under extreme environmental conditions can hamper the growth of the market due to its restraint in applications.

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    Following Key Players Included in Next Generation Memory Market Report Are:

  • Intel Corporation
  • Toshiba Corporation
  • Samsung Electronics
  • Adesto Technologies
  • Micron Technology Inc
  • IBM Corporation
  • Cypress Semiconductor Corporation
  • Everspin Technologies
  • Sandisk Corporation
  • Everspin Technologies
  • Crossbar Inc.
  • AsusTek Computer Inc.
  • Corsair Memory
  • Kingston Technologies
  • Sony Corporation
  • Windbond Electronics Corporation
  • Avalanche Technologies Inc
  • SK Hynix Inc.
  • Transcend Information
  • Inc.
  • Corsair Memory Inc.

    Scope of the Report:

  • Next generation memory can be defined as a common label applied to a major upgrade of hardware or a software product. The next generation memory market has grown over the last few years because of the increasing demand for faster, efficient and cost-effective memory solutions.
  • Next Generation Memory Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Key Market Trends:

    Information Technology to Significantly Employ Next Generation Storage Technology

    – With the growing size of enterprises, many of the companies have adopted the use of enterprise storage technologies, which demand the need for next-generation storage to handle the computing power of the organizations.
    – As the number of data centers increase the amount of storage and computing power required continues to increase and owing to such trends there is a need for better memory technologies to continue to withstand the computational demands for such organizations.
    – These latest memory devices also provide a better architecture compared to the existing used technologies. Technologies, such as MRAM are expected to have a better architecture which provides efficiency for the data centers.
    – With the growing adoption for SSD memory storage technologies, the need for better memory is becoming intertwined with it.
    – The industry expectation rates vary at about 50% from 2017 to 2018 with many laptop manufacturers opting for such storage options. Quarterly shipments of the SSDs in notebooks have been found to increase from 25% to 26%. As the adoption rate grows the need for better memory technology is inevitable.
    – Many memory modules have been combining the volatile memory with the nonvolatile memory modules. The data from the flash can be transferred and restored from the DRAM.

    North America to Account for a Major Share

    – The region has experienced many investments in technology. The region also has a high adoption rate for various technologies, such as RAM, DRAM, and PCM memory.
    – This growth can be attributed to increasing mobile phones and laptops among another computing device in the region.
    – Many trends, such as BYOD in the region could also be a potential market for the company. The number of laptops within the price range of USD 500 has increased. This has increased the number of substitutes available for the population driving the growth of these devices.
    – The region is also one of the earliest and the fastest cloud adopter. By 2021 of all the data of organizations 94% is expected to be on the cloud according to Cisco. As the growth in the data center increases the adoption of next-generation memory is also set to increase,

    Reasons for Buying Next Generation Memory Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Detailed TOC of Next Generation Memory Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Demand for Universal Memory Devices
    4.3.2 Increasing Demand for Enterprise Storage Applications
    4.4 Market Restraints
    4.4.1 Lack of Stability Under Extreme Environmental Conditions
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 By Technology
    5.1.1 Non Volatile Magneto-Resistive Random-Access Memory (MRAM) Ferroelectric RAM (FRAM) Resistive Random-Access Memory (ReRAM) 3D Xpoint Nano RAM Other Non Volatile
    5.1.2 Volatile Hybrid Memory Cube (HMC) High-Bandwidth Memory (HBM)
    5.2 By Application
    5.2.1 BFSI
    5.2.2 Consumer Electronics
    5.2.3 Government
    5.2.4 Telecommunications
    5.2.5 Information Technology
    5.2.6 Other Applications
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6.1 Company Profiles
    6.1.1 Intel Corporation
    6.1.2 Toshiba Corporation
    6.1.3 Samsung Electronics
    6.1.4 Adesto Technologies
    6.1.5 Micron Technology Inc
    6.1.6 IBM Corporation
    6.1.7 Cypress Semiconductor Corporation
    6.1.8 Everspin Technologies
    6.1.9 Sandisk Corporation
    6.1.10 Everspin Technologies
    6.1.11 Crossbar Inc.
    6.1.12 AsusTek Computer Inc.
    6.1.13 Corsair Memory
    6.1.14 Kingston Technologies
    6.1.15 Sony Corporation
    6.1.16 Windbond Electronics Corporation
    6.1.17 Avalanche Technologies Inc
    6.1.18 SK Hynix Inc.
    6.1.19 Transcend Information, Inc.
    6.1.20 Corsair Memory Inc.




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