Non – Volatile Memory Market- Global Industry Forecast and Analysis (2023–2029)

The Non-Volatile Memory Market size is expected to reach nearly US $ 108.26  Bn by 2029 with the CAGR of 9% during the forecast period.
Non - Volatile Memory Market Overview
The report covers the detailed analysis of the Global Non - Volatile Memory industry with the classifications of the market on the basis of Type, End - User, and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To Know About The Research Methodology :- Request Free Sample Report
Non - Volatile Memory Market Introduction
The Non – Volatile memory is nothing but a computer memory, which can handle stored information even after it is unplugged from any devices. The Non – Volatile memory, usually refers to storage in semiconductor memory chips that store data in floating gate memory cells, consisting of floating gate metal oxide semiconductor field effect transistors, including flash memory storage. Some of the examples of non – volatile memory are paper tape, punched cards, optical discs, floppy discs, magnetic tape, hard – disk drives, flash memory, ferroelectric RAM, and read – only memory. The non – volatile memory is specifically deployed for the purpose of secondary storage or long –term persistent storage.
 Non - Volatile Memory Market Manufacturers
The report has profiled fifteen major companies in the market from different regions, across the Globe. Further, the report has considered all the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Asia Pacific.
Non - Volatile Memory Market Dynamics
One of the major driving factors for the rising market of the Non – Volatile Memory, is the increasing demand for the fast and easy access of data. Also, the rising need for the memory devices that consume low power act as the reason for the growth of this market. Moreover, it is a fact that more the data, there arises a need for its storage, so it becomes true that the Non – Volatile Memory Market growth is directly proportional to the worldwide data.
COVID – 19 impact on the Market for Non - Volatile Memory
The outbreak of a tiny virus has drastically affected many industries at a very huge level around the globe. Though, the downfall in the economy was not only because of the spread of a pandemic, but also due to the measures taken by the government to stop and slow down the spread of the disease. Hence, the partial or complete lockdown, travel restrictions, and so on has a major impact on almost all the manufacturing and service industries, including the consumer electronics and enterprise sector, and many end user industries of the Non – Volatile Market. Hence, there is definitely a slight decline in the Non – Volatile Memory Market as well, due to the COVID – 19.
Non - Volatile Memory Market Segmentation
Non - Volatile Memory Market, by Type

The Non – Volatile Memory market, on the basis of the types of the storage devices are grouped into two main categories, the traditional Non – volatile memory, which is further segmented into FLASH, non – volatile SRAM, embedded non – volatile memory, EPROM, and SPROM; the embedded non – volatile memory, which is further segmented into 3D NAND, magneto resistive RAM, Ferroelectric RAM, resistive RAM, 3D Xpoint and others.

Non - Volatile Memory Market, by End – User

The global Non – Volatile Market finds its applications in various industries and is further segregated into Enterprise sector, military & Aerospace, telecommunication, healthcare, retail, consumer electronics, automotive & transportation, industrial, energy & power, agricultural, and many others.

Asia Pacific is expected to account for a largest market share in the Global market during the forecast period.

Among varied regions, Asia – Pacific is known to be dominating the market of the Non – Volatile memory devices, due to the basic factor, of the presence of the major industries in the respective region, in the countries like, China, Japan, South Korea, and India, etc.

The objective of the report is to present a comprehensive analysis of the Global market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global market dynamics, structure by analyzing the market segments and projects the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.
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Global Non - Volatile Memory Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 59.22 Bn.


Forecast Period 2023 to 2029 CAGR:
9%
Market Size in 2029:
US $ 108.26 Bn.


 Segments Covered:
by Wafer Size
200 mm
300 mm


by Type
Traditional
Emerging


by End User
Enterprise
Military & Aerospace
Telecommunication
Healthcare
Retail
Consumer Electronics
Automotive & Transportation
Industrial
Energy & Power



Non - Volatile Memory, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
 Non - Volatile Memory Key Players
1.Samsung Electronics Co. Ltd. (South Korea)
2.Toshiba Corporation (Japan)
3.Micron Technology, Inc. (US)
4.Sk Hynix, Inc. (South Korea)
5.Western Digital Corporation (US)
6.Synopsys Inc. (UK)
7.Adesto Technologies (US)
8.Everspin Technologies (US)
9.Viking Technology (US)
10.Kilopass Technology Inc. (US)
11.Avalanche (US)
12.Cypress Semiconductor Corporation (US)
13.NXP Semiconductor (Netherlands)
14.Rambus (US)
15.Texas Instruments
16.Spin Transfer Technologies
17.Intel Corporation
18.Crossbar Inc.
19.Sidense Corporation
20.Sandisk Corporation

Frequently Asked Questions:

1. Which region has the largest share in Global Non - Volatile Memory Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Non - Volatile Memory Market?
Ans: The Global market is growing at a CAGR of 9% during forecasting period 2023-2029.

3. What is scope of the Global Non - Volatile Memory market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Non - Volatile Memory market?
Ans: The important key players in the Global Non - Volatile Memory Market are – Samsung Electronics Co. Ltd. (South Korea), Toshiba Corporation (Japan), Micron Technology, Inc. (US), Sk Hynix, Inc. (South Korea), Western Digital Corporation (US), Synopsys Inc. (UK), Adesto Technologies (US), Everspin Technologies (US), Viking Technology (US), Kilopass Technology Inc. (US), Avalanche (US), Cypress Semiconductor Corporation (US), NXP Semiconductor (Netherlands), Rambus (US), Texas Instruments, Spin Transfer Technologies, Intel Corporation, Crossbar Inc., Sidense Corporation, and Sandisk Corporation

5. What is the study period of this market?
Ans: The Global market is studied from 2022 to 2029.