Global Next Generation Memory Market worth $90.74 Billion By 2017 May 2014

Next Generation Memory Market worth $90.74 Billion By 2017

According to a new market research report, “Global Next Generation Memory Market (2012 -2017), By
Technology (DRAM, SRAM, Flash Memory, Memristor, Magneto resistive RAM (MRAM), Phase
Change RAM (PCRAM), Ferroelectric RAM), Application & Geography” published by
MarketsandMarkets, the total market for next generation memory is expected to reach $90.74 billion by
2017 at an estimated CAGR of 7.3% from 2012 to 2017.
Browse 138 market tables with 15 figures spread through 254 pages and in-depth TOC on "Global
Next Generation Memory Market (2012 -2017), By Technology (DRAM, SRAM, Flash Memory,
Memristor, Magneto resistive RAM (MRAM), Phase Change RAM (PCRAM), Ferroelectric RAM),
Application & Geography".

http://www.marketsandmarkets.com/Market-Reports/Memristor-Memory-Market-632.html

Early buyers will receive 10% customization on this report.

Emerging memories are expected to replace most of the conventional memory technologies like flash
memory. Among the four next generation memory technologies covered in this report, the potential
market for memristor is expected to be highest for the next five years due to its advantages like simpler
technology and capability of storing information without requiring electrical current on the continuous
basis. MRAM memory technology is well commercialized and assures a high capacity; it also improves
memory solutions for high end consumer electronics devices. Of the next generation technologies,
MRAM, in 2017, will be biggest market; followed by FeRAM, PCRAM & Memristors.
Next generation memories are the emerging non-volatile memory technologies, which are expected to
replace existing memories. Not all existing memories will be replaced though. Next generation memories
majorly targets the non-volatile memories such as NAND and NOR. High write and read latency,
scalability, high endurance etc. makes emerging memories the best replacement for traditional nonvolatile memories. The major drivers for the next generation memory market are faster switching time,
high endurance and power efficient. In addition to this, the huge application base of traditional memories
is also one of the major drivers for this market.
APAC will remain the leading market for memory throughout the forecasted period due to the presence of
developed countries like Japan, China, South Korea, and developing countries like India, Thailand, and
others. The ongoing crisis in Europe (in countries like Greece, Spain, Ireland, Portugal and Italy) has
adversely affected business prospects in the region. Companies are now looking for more exciting
opportunities in African countries, Middle East, South Asia, and North America.