Market Highlights

The worldwide non-volatile memory market is projected to observe a quick development during the gauge time frame attributable to expanding interest for profoundly versatile memory gadgets and developing interest for non-volatile memory in associated and wearable gadgets. In addition, expanding interest for non-volatile memory across different industry verticals like BFSI, medical services, assembling, retail and IT and broadcast communications is driving the development of the worldwide market.

The worldwide non-volatile memory market size by topography is fragmented into North America, Europe, Asia Pacific, and Rest of the World. In the worldwide non-volatile memory market, Asia Pacific is expected to hold the biggest market portion of the Non-Volatile Memory Market Analysis and witness huge development during the conjecture time frame when contrasted with different districts. This is inferable from the developing requirement for low power consuming and exceptionally adaptable memory gadgets in the locale. Different explanations behind the development in Asia Pacific market remember the great government drive for nations like China, which is considered as the assembling center point for the hardware. China likewise approaches a lot of subsidizing and thus is driving the development of non-volatile memory market. Likewise, presence of innovation goliaths like Samsung and Hynix in the non-volatile memory market is another component liable for fuelling the market development.

The North America market is relied upon to observe a huge development in the worldwide non-volatile memory market during the gauge time frame. The U.S and Canada are expected to drive the development of the non-volatile memory market in North America district attributable to the presence of enormous number of laid out central members like Micron Technology, Inc., Western Digital Corporation, Fujitsu Ltd., Intel Corporation and IBM Corporation around here. Because of the manageable and grounded economies in the locale, the market is probably going to show colossal development in the approaching future. Moreover, North America likewise has a grounded framework, which permits higher infiltration of gadgets and at last gives better availability.

The worldwide non-volatile memory market is projected to arrive at USD 90 billion at a CAGR of more than 11% before the finish of the figure time frame 2017-2023.

Taste the market information and market data introduced through in excess of 30 market information tables and figures spread north of 100 quantities of pages of the venture report. Profit the top to bottom list of chapters TOC and market rundown on "Non-Volatile Memory Market Research Report-Forecast to 2023".

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Non-Volatile Memory Market Segmentation

The worldwide non-volatile memory market is fragmented based on the sort, application and vertical. The sort size fragment is arranged arising and customary. Be that as it may, the conventional fragment contains FLASH, non-volatile SRAM, implanted non-volatile memory, EPROM and SPROM. Out of which, inserted non-volatile memory is relied upon to hold the biggest market of the conventional non-volatile memory market. This is inferable from the expanding interest for inserted non-volatile memory in the associated gadgets market.

Some of the prominent players in the global non-volatile memory market: Samsung Electronics Co., Ltd. (South Korea), Toshiba Corporation (Japan), Micron Technology, Inc. (U.S.), SK Hynix, Inc. (South Korea), Western Digital Corporation (U.S.), Fujitsu Ltd (U.S.), Intel Corporation (U.S.), IBM Corporation (U.S.), Nantero (U.S.), Crossbar Inc. (U.S.), Synopsys Inc. (U.K), Adesto Technologies (U.S.), Everspin Technologies (U.S.), Viking Technology (U.S.), Kilopass Technology Inc. (U.S.), Avalanche (U.S.), Cypress Semiconductor Corporation (U.S.), NXP Semiconductor (the Netherlands), Rambus (U.S.), Texas Instruments (U.S.), Spin Transfer Technologies (U.S.), 4DS (Australia) and Open-silicon (U.S.).

Market Research Analysis

Asia Pacific is estimated to account for the largest share of the market, whereas North America market is projected to grow at the fastest rate during the forecast period. The Asia Pacific market is witnessing a rapid growth due to technological advancements and increasing demand for high speed and low power consuming memory devices across different industry verticals in this region.

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