Magneto Resistive RAM Global Analysis & Forecast to 2024 Magneto Resistive RAM (MRAM) Market - Global Indus

Magneto Resistive RAM (MRAM) Market - Global
Industry Analysis, Trend, Size, Share, and
Forecast 2016 - 2024
Global Magneto Resistive RAM (MRAM) Market: Overview
MRAM or Magneto-resistive random-access memory technology has been under
development since the 1990s. MRAM is a non-volatile random access memory
technology that utilizes magnetic charges for storing data instead of electric
charges as in the case of DRAM (dynamic random access memory) and SRAM (static
random access memory) technologies. Unlike DRAM and SRAM technologies, that
requires constant flow of electricity to maintain data integrity, MRAM retains data
even if power is turned off and requires very less amount of electricity in order to
store data bits in it.
MRAM, by combining the inherent advantages of both DRAM in terms of density and
SRAM in term of read and write speed has the potential of becoming a universal
memory in the coming years. The global MRAM market is predicted to have
tremendous growth opportunity in the coming years as a nonvolatile solid state
memory in order to replace other electrically erasable programmable read-only
memory (EEPROM) and flash memory where high write endurance is required.
This 105 page report gives readers a comprehensive overview of the
Magneto Resistive RAM market Browse through 14 data tables and 35
figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/magneto-resistive-ram-market.html
Surge in the demand of flexible and wearable electronics market is the primary
factor predicted to boost the demand of MRAM during the forecast period from 2016
to 2024. Currently rapid technological advancements is taking place in the field to
flexible and wearable consumer electronics. Flexible magnetic memories forms an
integral part of the flexile and wearable consumer electronic devices for storing and
processing data.
Moreover, the major challenge of fabricating high performing memory chips on soft
flexible substrates without reducing the performance is also eliminated by
technologically advanced MRAM technology. MRAM outperforms the traditional
NAND memory used in wearable and flexible electronics in terms of data retention
capacity after power cut off, low power consumption along with increased