DUBLIN--(BUSINESS WIRE)--The "Phase Change Memory Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
The global phase change memory market is expected to grow at a compound annual growth rate of 66.71% over the forecast period to reach a market size of US$12,450.978 million in 2026 from US$347.914 million in 2019.
The market is expected to surge in the coming years because of the adoption of novel and advanced storage technologies. The next-generation market will register supplementary growth, during the forecast period, as major companies have been trying to capture significant market share, in the crowded embedded storage space market. Phase Change Memory, known as a non-volatile memory, that stores and saves data by changing and altering the state of a material. This type of storage is faster, as compared to other flash memory, and provides better endurance.
Major companies have been trying to develop advanced phase storage memory devices and solutions, for their customers. For Instance, Intel, one of the major players in the market, had been shipping and selling a device known as 3D XPoint, next-generation memory storage, based on phase change. The company sells this device for Solid State Storage Devices and other related products. Other companies, such as Micron, had been developing novel phase storage technology and solutions. In 2019, STMicroelectronics, one of the major players in the market, had been sampling products, which were based on embedded phase-change memory. The company had been developing and manufacturing an automotive microcontroller, which contained embedded phase change, and was based on 28nm FD-SOI technology. The phase change memory market is a novel and emerging market and is expected to register significant growth in the coming years
Companies Mentioned
- Micron Technology
- IBM
- Intel
- Taiwan Semiconductor Manufacturing
- GlobalFoundries
- STMicroelectronics
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Phase Change Memory Market Analysis, By Technology
5.1. Introduction
5.2. PCM as DRAM
5.3. PCM as Storage RAM (SRAM)
5.4. PCM as Storage-Class Memory
5.5. PCM as Flash Memory
6. Global Phase Change Memory Market Analysis, By Application
6.1. Introduction
6.2. Automotive
6.3. Smart Cards
6.4. Cell Phones
6.5. Others
7. Global Phase Change Memory Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. North America Phase Change Memory Market Analysis, By Technology
7.2.2. North America Phase Change Memory Market Analysis, By Application
7.2.3. By Country
7.2.3.1. United States
7.2.3.2. Canada
7.2.3.3. Mexico
7.2.3.4. Others
7.3. South America
7.3.1. South America Phase Change Memory Market Analysis, By Technology
7.3.2. South America Phase Change Memory Market Analysis, By Application
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.2. Argentina
7.3.3.3. Others
7.4. Europe
7.4.1. Europe Phase Change Memory Market Analysis, By Technology
7.4.2. Europe Phase Change Memory Market Analysis, By Application
7.4.3. By Country
7.4.3.1. UK
7.4.3.2. Germany
7.4.3.3. France
7.4.3.4. Italy
7.4.3.5. Spain
7.4.3.6. Others
7.5. The Middle East and Africa
7.5.1. Middle East and Africa Phase Change Memory Market Analysis, By Technology
7.5.2. Middle East and Africa Phase Change Memory Market Analysis, By Application
7.5.3. By Country
7.5.3.1. Saudi Arabia
7.5.3.2. Israel
7.5.3.3. Others
7.6. Asia Pacific
7.6.1. Asia Pacific Phase Change Memory Market Analysis, By Technology
7.6.2. Asia Pacific Phase Change Memory Market Analysis, By Application
7.6.3. By Country
7.6.3.1. Japan
7.6.3.2. China
7.6.3.3. India
7.6.3.4. South Korea
7.6.3.5. Others
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
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