Non-Volatile Memory Market by Classification, Wafer Size (200mm, 300mm, 450mm), End-User

Description

List of Tables

[184 Pages Report] The Non-Volatile Memory Market size was estimated at USD 87.33 billion in 2023 and expected to reach USD 95.60 billion in 2024, at a CAGR 10.10% to reach USD 171.31 billion by 2030.

The non-volatile memory includes a range of memory technologies that retain data even when power is turned off. Common types of non-volatile memory include flash memory, EEPROM (Electrically Erasable Programmable Read-Only Memory), and 3D XPoint. Non-volatile memory is widely used in consumer electronics, enterprise storage, automotive, and industrial applications. Its capacity to store data persistently makes it ideal for smartphones, tablets, solid-state drives (SSDs), and other devices that require quick and reliable storage solutions. Increasing demand for high-performance data storage solutions across the consumer electronics and enterprise storage sectors is driving the market growth. Enhancements in technology that provide greater storage capacity, faster data access, and improved durability also contribute to market expansion. Additionally, the proliferation of IoT (Internet of Things) devices and the need for efficient, long-term data retention in various applications foster market growth. Technical limitations in scaling down the memory cells without compromising their performance or reliability hamper the market growth. Emerging technologies such as wearable tech, smart home devices, and advancements in automotive electronics present new opportunities for the non-volatile memory market. The development of edge computing and 5G technology is also anticipated to create novel applications for non-volatile memory, driving the need for innovative storage solutions that are both fast and reliable.

KEY MARKET STATISTICS
Base Year [2023]	USD 87.33 billion
Estimated Year [2024]	USD 95.60 billion
Forecast Year [2030]	USD 171.31 billion
CAGR (%)	10.10%

Classification: Growing usage of ferroelectric random-access memory (FeRAM) for its fast read and write speeds

Ferroelectric RAM is a type of non-volatile memory known for its fast read and write speeds, low power consumption, and high endurance. It works by utilizing the polarization of ferroelectric material to store information. The need for FeRAM is primarily in applications requiring fast access to memory with extensive write cycles, such as embedded systems and smart cards. Magnetic random-access memory (MRAM) utilizes magnetism to store data and offers distinctive advantages, including persistence after power loss, high endurance, and high-speed operations. It is particularly suited for use in enterprise storage applications, industrial IoT, and computing devices where non-volatile memory with high endurance is crucial. Nanotube-based random-access memory (NRAM) leverages the unique properties of carbon nanotubes, making it highly durable and fast. With its robustness against high temperatures and resistance to environmental forces, NRAM is ideal for aerospace, military, and server-side applications. Phase-change memory (PCM) is known for its ability to scale below other memory technologies and retain data without power by changing the physical state of materials between amorphous and crystalline forms. High-performance computing and storage class memory solutions often incorporate PCM for its speed and endurance over flash memory. Quantum dots are semiconductor particles that can represent bits for quantum computing. This technology is in the exploratory stage and is a potential game-changer for computing generally, not just memory. Quantum-dot-based memory could surpass existing non-volatile memories in speed and storage density, making it attractive for future technologies that require immense computational power. ReRAM and CBRAM technologies operate by creating and disrupting conductive paths within a dielectric material, hence storing data. They are appealing for applications that necessitate high density, low power consumption, and scalability, such as mobile devices and SSDs. Resistive random-access memory (RRAM) is often discussed on its own due to its specific resistance-switching mechanism and integration strategies. RRAM boasts high storage density and low power operation, suitable for a wide range of electronic devices and computing systems.

End-User: Rising potential of non-volatile memory across the energy & power sector that can withstand various temperatures and electrical disturbances

In agriculture, non-volatile memory is utilized for data storage in precision farming equipment, sensors, and monitoring devices. The primary need here is for robust, low-power memory solutions that can operate effectively in various environmental conditions. For the automotive & transportation sector, non-volatile memory is critical for advanced driver-assistance systems (ADAS), infotainment, and navigation systems. High reliability and endurance are the main attributes sought to ensure safety and performance in vehicles. In consumer electronics, non-volatile memory is central to products such as smartphones, tablets, and PCs. High-density, fast, and cost-effective memory solutions are preferred to enhance user experience and device functionality. The energy & power industry employs non-volatile memory in smart grid technology and energy storage systems. The emphasis is on high-capacity and durable memory that can withstand various temperatures and electrical disturbances. For enterprise storage, non-volatile memory is leveraged within data centers for solid-state drives (SSDs) and storage-class memory. The requirement is for highly reliable memory with large storage capacities and fast access speeds to handle massive data workloads. Non-volatile memory in healthcare facilitates the storage of patient records, and imaging data and supports the operation of medical devices. The memory used must be ultra-reliable and secure to comply with stringent regulatory standards. Within the industrial sector, non-volatile memory is crucial for automation systems, industrial PCs, and IoT devices. Industrial users prefer ruggedized memory modules that can endure harsh industrial environments and offer longevity. Military & aerospace applications demand non-volatile memory for navigation systems, communication equipment, and avionics. The sought-after specifications include high-level security features, extreme temperature resilience, and shock resistance. Retail & consumer goods utilize non-volatile memory in point-of-sale (POS) terminals, inventory management systems, and digital signage. The retail sector favors cost-effective, reliable memory solutions that can support comprehensive data analytics. Telecommunication relies on non-volatile memory for network infrastructure, base stations, and switch routers. Memory technologies that offer high speeds, scalability, and power efficiency are critical in this rapidly evolving and data-driven industry.

Regional Insights

In the Americas, the non-volatile memory market is rapidly growing due to its strong technological infrastructure and the presence of major players in the semiconductor industry. Consumer needs in the region are driven by the demand for higher-performance storage solutions and the increasing adoption of cloud services. Customers in South America exhibit a preference for high-speed and high-capacity memory for applications in mobile devices, data centers, and emerging technologies such as the Internet of Things (IoT). European Union (EU) countries have a strong focus on data security and user privacy, which is reflected in their non-volatile memory market. Upcoming General Data Protection Regulation (GDPR) compliance is exerting influence on storage technologies, driving EU customers towards non-volatile storage solutions that offer advanced encryption and data protection features. The Middle East and Africa are emerging markets with a steadily growing appetite for advanced technologies. Investments across the AsiaPacific region in the non-volatile memory sector are robust, with heavy financing in research centers, manufacturing facilities, and the development of new storage technologies. Asia-Pacific region's rapid adoption of 5G technology, further drives innovation in memory products to meet the needs of high-speed data processing and storage.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Non-Volatile Memory Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Non-Volatile Memory Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Non-Volatile Memory Market, highlighting leading vendors and their innovative profiles. These include ATP Electronics, Inc., Avalanche Technology Inc., CrossBar, Inc., Everspin Technologies, Inc., Flexxon Pte Ltd., Fujitsu Limited, Hewlett Packard Enterprise Development LP, Infineon Technologies AG, Intel Corporation, KIOXIA Holdings Corporation, Microchip Technology Inc., Micron Technology, Inc., Nantero, Inc., NVMdurance Ltd., Pure Storage, Inc., Renesas Electronics Corporation, Samsung Electronics Co., Ltd., SK hynix Co., Ltd., SkyHigh Memory Limited, SMART Modular Technologies, Inc., STMicroelectronics N.V., Synopsys, Inc., Toshiba Corporation, Viking Technologies, Inc., Western Digital Corporation, and Windbond Electronics Corporation.

Market Segmentation & Coverage

This research report categorizes the Non-Volatile Memory Market to forecast the revenues and analyze trends in each of the following sub-markets:

Classification
- Ferroelectric Random-access Memory
- Magnetic Random-access Memory
  - DRAM
    - Millipede

FLASH
- NAND Flash
- NOR Flash

SRAM
- nvSRAM

NRAM
Phase-change Memory
Quantum-dots
ReRAM/CBRAM
RRAM
- EPROM
- SPROM

Wafer Size
- 200mm
- 300mm
- 450mm

End-User
- Agricultural
- Automotive & Transportation
- Consumer Electronics
- Energy & Power
- Enterprise Storage
- Healthcare
- Industrial
- Military & Aerospace
- Retail & Consumer Goods
- Telecommunication

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Non-Volatile Memory Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Non-Volatile Memory Market?

3. What are the technology trends and regulatory frameworks in the Non-Volatile Memory Market?

4. What is the market share of the leading vendors in the Non-Volatile Memory Market?

5. Which modes and strategic moves are suitable for entering the Non-Volatile Memory Market?

Product Code: MRR-DD6333AE61EE

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapid Digitalization and Demand for Storage Applications
  - 5.1.1.2. Shift From Hard State Drive to Solid State Drives
- 5.1.2. Restraints
  - 5.1.2.1. High Cost and Limited Lifetime of Non-Volatile Memory
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of Advanced Industrial Grade Flash Memory
  - 5.1.3.2. Penetration of Emerging Non-Volatile Memory Devices
- 5.1.4. Challenges
  - 5.1.4.1. Performance Issues Associated with Non-Volatile Memory Devices
5.2. Market Segmentation Analysis
- 5.2.1. Classification: Growing usage of ferroelectric random-access memory (FeRAM) for its fast read and write speeds
- 5.2.2. End-User: Rising potential of non-volatile memory across the energy & power sector that can withstand various temperatures and electrical disturbances
5.3. Market Trend Analysis
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Non-Volatile Memory Market, by Classification

6.1. Introduction
6.2. Ferroelectric Random-access Memory
6.3. Magnetic Random-access Memory
6.4. NRAM
6.5. Phase-change Memory
6.6. Quantum-dots
6.7. ReRAM/CBRAM
6.8. RRAM

7. Non-Volatile Memory Market, by Wafer Size

7.1. Introduction
7.2. 200mm
7.3. 300mm
7.4. 450mm

8. Non-Volatile Memory Market, by End-User

8.1. Introduction
8.2. Agricultural
8.3. Automotive & Transportation
8.4. Consumer Electronics
8.5. Energy & Power
8.6. Enterprise Storage
8.7. Healthcare
8.8. Industrial
8.9. Military & Aerospace
8.10. Retail & Consumer Goods
8.11. Telecommunication

9. Americas Non-Volatile Memory Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Non-Volatile Memory Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Non-Volatile Memory Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Fujitsu Launches Automotive Grade I2C-interface 512Kbit FeRAM with 125°C Operation
- 12.3.2. NXP and TSMC to Deliver Industry's First Automotive 16 nm FinFET Embedded MRAM
- 12.3.3. Infineon Enables Next-Generation Automotive E/E Architectures With Industry's First LPDDR Flash Memory

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio