DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Next Generation Non Volatile Memory Market 2014 - 2024" report to their offering.
The global next generation non-volatile memory (NVM) market is expected to reach USD 7.46 billion by 2024, according to this new study. Increasing need for fast and economical storage solutions across diverse applications is estimated to drive industry growth over the forecast period.
Next Generation Non Volatile Memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years. Increasing use of Next Generation Non Volatile Memory in mobile phones to enhance customer experience is expected to fuel market growth.
The increasing demand for wearable electronics and replacement of flash memory storage may provide new growth avenues to the Next Generation Non Volatile Memory industry. Low environment stability and high design cost may act as a restraint to market growth over the forecast period.
All common computing platforms from handheld devices to supercomputers use storage systems to store data permanently or temporarily. Smart cards store a few bytes of data and are expected to grow at a significant rate over the forecast period. Economical and efficient solution development is expected to be a critical success factor for industry players.
The Asia Pacific market is expected to grow at a considerable rate owing to increasing demand for smartphones and tablets. Additionally, presence of key market players in countries such as China, India, Japan and South Korea is also expected to positively impact the regional market over the forecast period.
Avalanche Technology, Inc.
Cypress Semiconductor Corporation
Everspin Technologies, Inc.
Micron Technology, Inc.
Samsung Electronics Co. Ltd.
SK Hynix Inc
Winbond Electronics Corporation
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Next Generation Non Volatile Memory Industry Outlook
4. Next Generation Non Volatile Memory Product Outlook
5. Next Generation Non Volatile Memory Application Outlook
6. Next Generation Non Volatile Memory Regional Outlook
7. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/r3ttpg/next_generation