Non-Volatile Memory Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 145 Pages I IMARC Group
Market Overview:
The global non-volatile memory market size reached US$ 63.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 125.8 Billion by 2028, exhibiting a growth rate (CAGR) of 11.39% during 2023-2028.
Non-volatile memory (NVM), also known as no-volatile storage, refers to a type of computer memory that can retain saved data even when the power is turned off. It does not require its data to be periodically refreshed and consequently finds extensive applications in retail, information technology (IT), telecommunications, automotive, and healthcare industries across the globe. Some of the commonly used NVM are read only memory (ROM), flash memory, hard disks, floppy disk drives, magnetic tapes, optical disc drives, and other computer storage methods, such as paper tapes and punch cards.
Non-Volatile Memory Market Trends:
There is a rise in the reliance on smartphones for communication and other purposes, which use advanced processors and NVM to enable fast data transfer. This, in confluence with the burgeoning electronics industry, represents one of the key factors impelling the growth of the market. Moreover, NVM is utilized in long-term or secondary data storage, such as memory chips for digital cameras and universal serial bus (USB) memory sticks. Besides this, there is an increase in the adoption of flash memory in laptops, global positioning systems (GPS), gaming devices, and electronic musical instruments on account of its lower price and power consumption. This, coupled with the rising usage of NVM in wearable devices, is positively influencing the market. Apart from this, the introduction of advanced storage technologies, such as 3D XPoint, magnetoresistive random-access memory (MRAM), and nano random-access memory (NRAM), is offering lucrative growth opportunities to market players. Furthermore, extensive research and development (R&D) activities undertaken by leading market players and rapid expansion of data centers around the world are anticipated to facilitate the growth of the industry.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global non-volatile memory market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and industry vertical.
Breakup by Type:
Electrically Addressed
Mechanically Addressed
Others
Breakup by Industry Vertical:
Telecom and IT
Healthcare
Automotive
Consumer Electronics
Energy and Power
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avalanche Technology, CrossBar Inc., Dialog Semiconductor PLC (Renesas Electronics Corporation), Fujitsu Limited, Honeywell International Inc., Infineon Technologies AG, Intel Corporation, Microchip Technology Inc., Micron Technology Inc., Samsung Electronics Co. Ltd., STMicroelectronics, Texas Instruments Incorporated, Toshiba Corporation, and Western Digital Corporation.
Key Questions Answered in This Report
1. How big is the global non-volatile memory market?
2. What is the expected growth rate of the global non-volatile memory market during 2023-2028?
3. What are the key factors driving the global non-volatile memory market?
4. What has been the impact of COVID-19 on the global non-volatile memory market?
5. What is the breakup of the global non-volatile memory market based on the type?
6. What is the breakup of the global non-volatile memory market based on the industry vertical?
7. What are the key regions in the global non-volatile memory market?
8. Who are the key players/companies in the global non-volatile memory market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Non-Volatile Memory Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Electrically Addressed
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mechanically Addressed
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Industry Vertical
7.1 Telecom and IT
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Healthcare
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Automotive
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Consumer Electronics
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Energy and Power
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Avalanche Technology
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 CrossBar Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Dialog Semiconductor PLC (Renesas Electronics Corporation)
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 Fujitsu Limited
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Honeywell International Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Infineon Technologies AG
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Intel Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Microchip Technology Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Micron Technology Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Samsung Electronics Co. Ltd.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 STMicroelectronics
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Texas Instruments Incorporated
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13 Toshiba Corporation
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
13.3.14 Western Digital Corporation
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio
13.3.14.3 Financials
13.3.14.4 SWOT Analysis
Figure 1: Global: Non-Volatile Memory Market: Major Drivers and Challenges
Figure 2: Global: Non-Volatile Memory Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Non-Volatile Memory Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Non-Volatile Memory Market: Breakup by Type (in %), 2022
Figure 5: Global: Non-Volatile Memory Market: Breakup by Industry Vertical (in %), 2022
Figure 6: Global: Non-Volatile Memory Market: Breakup by Region (in %), 2022
Figure 7: Global: Non-Volatile Memory (Electrically Addressed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Non-Volatile Memory (Electrically Addressed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Non-Volatile Memory (Mechanically Addressed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Non-Volatile Memory (Mechanically Addressed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Non-Volatile Memory (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Non-Volatile Memory (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Non-Volatile Memory (Telecom and IT) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Non-Volatile Memory (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Non-Volatile Memory (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Non-Volatile Memory (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Non-Volatile Memory (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Non-Volatile Memory (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Non-Volatile Memory (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Non-Volatile Memory (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Non-Volatile Memory (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Non-Volatile Memory (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Non-Volatile Memory (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Non-Volatile Memory (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: United States: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: United States: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Canada: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Canada: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia-Pacific: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia-Pacific: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: China: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: China: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Japan: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Japan: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: India: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: India: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: South Korea: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: South Korea: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Australia: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Australia: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Indonesia: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Indonesia: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Others: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Others: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Germany: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Germany: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: France: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: France: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: United Kingdom: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: United Kingdom: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Italy: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Italy: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Spain: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Spain: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Russia: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Russia: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Latin America: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Latin America: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Brazil: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Brazil: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Mexico: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Mexico: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Middle East and Africa: Non-Volatile Memory Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Middle East and Africa: Non-Volatile Memory Market: Breakup by Country (in %), 2022
Figure 73: Middle East and Africa: Non-Volatile Memory Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Global: Non-Volatile Memory Industry: SWOT Analysis
Figure 75: Global: Non-Volatile Memory Industry: Value Chain Analysis
Figure 76: Global: Non-Volatile Memory Industry: Porter's Five Forces Analysis
Table 1: Global: Non-Volatile Memory Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Non-Volatile Memory Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Non-Volatile Memory Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 4: Global: Non-Volatile Memory Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Non-Volatile Memory Market: Competitive Structure
Table 6: Global: Non-Volatile Memory Market: Key Players
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