Non-Volatile Memory (NCM) Market Report: Trends, Forecast and Competitive Analysis to 2030

Non-Volatile Memory (NCM) Trends and Forecast

The future of the global non-volatile memory (NCM) market looks promising with opportunities in the consumer electronic, enterprise storage, automotive & transportation, military & aerospace, industrial, telecommunication, energy & power, and healthcare sectors. The global non-volatile memory (NCM) market is expected to reach an estimated $70.0 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are growing demand for flash memories in consumer electronics and rising preference for portable systems.

A more than 150-page report is developed to help in your business decisions.

Non-Volatile Memory (NCM) by Segment

The study includes a forecast for the global non-volatile memory (NCM) by type, wafer size, end use, and region.

Non-Volatile Memory (NCM) Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Traditional
• Emerging

Non-Volatile Memory (NCM) Market by Wafer Size [Shipment Analysis by Value from 2018 to 2030]:

• 200 mm
• 300 mm

Non-Volatile Memory (NCM) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Electronics
• Enterprise Storage
• Automotive & Transportation
• Military & Aerospace
• Industrial
• Telecommunication
• Energy & Power
• Healthcare
• Others

Non-Volatile Memory (NCM) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Non-Volatile Memory (NCM) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-volatile memory (NCM) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-volatile memory (NCM) companies profiled in this report include-

• Western Digital
• Micron Technology
• Intel
• Samsung Electronics
• Viking Technology
• Renesas Electronics
• Fujitsu

Non-Volatile Memory (NCM) Market Insights

Lucintel forecasts that traditional is expected to witness the highest growth over the forecast period due to its significant application among consumer electronics, enterprise storage and automotive sectors.

APAC is expected to witness highest growth over the forecast period due to rising population's disposable income and presence of major electronics and semiconductor manufacturing hubs in the region.

Features of the Global Non-Volatile Memory (NCM) Market

Market Size Estimates: Non-volatile memory (NCM) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Non-volatile memory (NCM) market size by type, wafer size, end use, and region in terms of value ($B).

Regional Analysis: Non-volatile memory (NCM) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, wafer sizes, end uses, and regions for the non-volatile memory (NCM) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-volatile memory (NCM) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the non-volatile memory (NCM) market size?

Answer: The global non-volatile memory (NCM) market is expected to reach an estimated $70.0 billion by 2030.

Q2. What is the growth forecast for non-volatile memory (NCM) market?

Answer: The global non-volatile memory (NCM) market is expected to grow with a CAGR of 9.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the non-volatile memory (NCM) market?

Answer: The major drivers for this market are growing demand for flash memories in consumer electronics and rising preference for portable systems.

Q4. What are the major segments for non-volatile memory (NCM) market?

Answer: The future of the non-volatile memory (NCM) market looks promising with opportunities in the consumer electronic, enterprise storage, automotive & transportation, military & aerospace, industrial, telecommunication, energy & power, and healthcare sectors.

Q5. Who are the key non-volatile memory (NCM) market companies?

Answer: Some of the key non-volatile memory (NCM) companies are as follows:

• Western Digital
• Micron Technology
• Intel
• Samsung Electronics
• Viking Technology
• Renesas Electronics
• Fujitsu

Q6. Which non-volatile memory (NCM) market segment will be the largest in future?

Answer: Lucintel forecasts that traditional is expected to witness the highest growth over the forecast period due to its significant application among consumer electronics, enterprise storage and automotive sectors.

Q7. In non-volatile memory (NCM) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising population's disposable income and presence of major electronics and semiconductor manufacturing hubs in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the non-volatile memory (NCM) market by type (traditional and emerging), wafer size (200 mm and 300 mm), end use (consumer electronics, enterprise storage, automotive & transportation, military & aerospace, industrial, telecommunication, energy & power, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?