The report of Global ECC Memory Market by Type (DDR4, DDR3, DDR2, DDR, Other) Application (Data Centres, Workstation Servers, Cloud Servers, Others) Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of ~6.6% during a forecast period.
ECC RAM stands for error-correcting code random access memory. ECC memory protects internal data corruption by automatically detecting and correcting memory errors. It is widely used in the multi-user server applications.
Data centre application is witnessing fastest growth at CAGR of XX%.
ECC memory is widely used in the variety of applications such as in data centres, workstations, cloud servers and more. Data centre application is projected to witness fast growth at CAGR of XX% during forecast period. The growth is attributed to the large scale adoption of ECC memory in data centres used in financial sector. To protect against critical damage caused by downtime and financial loss caused by corrupted data in the consequences of a system failure, ECC RAM is highly suggested for organisations that process large volumes of customer data online, is further driving the growth of market.
North America is witnessing fastest growth at CAGR of XX%.
North America held the largest market share in 2019 and is expected to witness fast growth at CAGR of XX% during forecast period. The US and Canada are dominating the market. This is owing to the massive presence of data centre service providers across the region. Also the rising popularity of cloud based services and big data analytics is driving the growth of market in the region.
Asia pacific followed by Europe is expected to witness fast growth during forecast period. The developing economies such as India, China and Japan and UK, Germany and France are dominating the market in respective region. This is owing to growing adoption of ECC memory solutions in various public and private financial sectors to protect the financial losses caused by memory errors.
Key Players in global ECC memory market are SAMSUNG, Kingston Technology Corp, NEMIX RAM, Crucial, Black Diamond Memory, Brute Networks, Hynix, Adamanta Memory, Computer Memory Solutions, IBM, Intel Corporation; I’M Intelligent Memory Limited, Dell Inc, Lenovo Group, and Micron Technology Inc.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global ECC Memory Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global ECC Memory Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global ECC Memory Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global ECC Memory Market”.
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