Home > Semiconductors & Electronics > Semiconductor > Next Generation Non Volatile Memory Market

Next Generation Non Volatile Memory Market Share

Report ID: GMI9734
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Next Generation Non Volatile Memory Market Share

Intel Corporation and Samsung Electronics Co., Ltd. held over 12% of the smart signage market share in 2023. Intel Corporation is a global leader in semiconductor manufacturing and technology innovation, renowned for its contributions to the development of next-generation non-volatile memory solutions. Founded in 1968 and headquartered in Santa Clara, California, Intel has established itself as a key player in the electronics industry, with a diverse portfolio of products and services spanning computing, data center, Internet of Things (IoT), and memory technologies.

Samsung Electronics Co., Ltd. is a global leader in the technology industry, renowned for its innovative products & solutions across various sectors. Samsung has been a key player in the next generation non-volatile memory market, driving advancements and pushing the boundaries of memory technology. With a robust R&D infrastructure and a strong focus on innovation, Samsung has been at the forefront of developing next-generation NVM technologies such as Magneto-Resistive Random Access Memory (MRAM), Phase-Change Memory (PCM), and 3D XPoint Memory.

Next Generation Non Volatile Memory Market Companies

Major players operating in the industry are:

Intel Corporation
Samsung Electronics Co., Ltd.
Micron Technology, Inc.
Fujitsu Ltd
IBM Corporation
Toshiba Corporation
Everspin Technologies, Inc.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Industry size for next generation non volatile memory was USD 980.3 million in 2023 and is projected to expand at 8% CAGR from 2024 to 2032, led by the growing adoption of IoT devices and smartphones.

The MRAM product segment in the next generation non volatile memory industry is projected to grow at over 8.5% CAGR from 2024 to 2032, due to the rising demand for versatile & reliable storing solutions.

The consumer electronics application segment in the next generation non volatile memory industry accounted for over 35% share in 2023, owing to its ability to deliver high performance, greater storage capacities, and enhanced user experiences across a wide range of devices and applications.

Asia Pacific market size is estimated to record more than 9% CAGR from 2024 to 2032, led by the growing demand for advanced memory solutions in the region.