Market research report on Next Generation Memory Market March 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 (www.marketsandmarkets.com), 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-Market632.html
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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 non-volatile 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.