According to a new report Global Non-Volatile Memory Market (2016-2022), the market is expected to attain a market size of $81.3 billion by 2022, growing at a CAGR of 10.3% during the forecast period.
Global Non-Volatile Memory Market Revenue Trend, 2012-2022 ( In USD Million)
Global Non-Volatile Memory Market Revenue Trend, 2012-2022 ( In USD Million)

Electrically addressed is the leading memory type and widely used in consumer electronics. The growing demands for greater efficiency, faster memory access and low-power consumption devices are a few notable factors driving the market growth. Moreover, rising adoption of NVM in flexible electronics would offer tremendous opportunities for market expansion. Within the electrically addressed memory types, NVRAM is the leading segment and would be the leading segment throughout the forecast period. However, emerging memory such as 3D XPoint, MRAM, and SONOS are expected to grow in the future owing to the faster data transfer and light weight design.

Full Report: https://kbvresearch.com/global-non-volatile-memory-market/

Among different applications, enterprise storage segment held about 35% share of the overall NVM market in 2016. Growing number of datacenters would be the leading factor driving the market and would significantly contribute to the overall market revenue. Nevertheless, consumer electronic application would be the most lucrative application and it is expected to register a CAGR of 9.7% during the forecast period. Widespread adoption of NVM in consumer electronics, mainly in smartphone and wearable devices to enable more storage and faster memory access are the factors driving the market. Regionally, Asia-Pacific was the major contributor in consumer electronics sector, with significant revenue contribution in 2015.
Global Non-Volatile Memory Market Revenue Share by Region– 2015 (in %)
Global Non-Volatile Memory Market Revenue Share by Region– 2015 (in %)

Telecom & IT industry would be a leading vertical within the overall NVM market, as substantial data volume is generated on a regular basis, which demands efficient datacenters or storage centers. The major demand for storage is from the developing economies such as Asia-pacific, contributing to the market growth. Additionally, automotive segment is anticipated to register the highest growth, during the forecast period. Advancements in technology and increased production would be the major factors for the market growth.
Global Non-Volatile Memory Market Revenue Share by Region – 2022 (in %)
Global Non-Volatile Memory Market Revenue Share by Region – 2022 (in %)

Asia-Pacific was a leading revenue generating region in 2015 and it is expected to maintain its dominance throughout the forecast period. Rising number of datacenters and increasing enterprise storage requirements within the region have contributed to the market growth in the Asia-Pacific region. Advancement in consumer electronic and introduction of flexible electronics would add to the NVM market globally, especially in Asian countries such as Japan, Singapore, and India.
Global Non-Volatile Memory Market Revenue Share End User Type – 2015 (in %)
Global Non-Volatile Memory Market Revenue Share End User Type – 2015 (in %)

The major players profiled in this report include Adesto Technologies Corporation, Viking Technology, Kilopass Technology Inc., Samsung Electronics Co., Ltd., Intel Corporation, Sidense Corporation, Sandisk Corporation, Toshiba Corporation, and Micron Technology, Inc.
Global Non-Volatile Memory Market Segmentation
By Type

Electrically Addressed
ROM
NVRAM
Other Memory
Mechanically Addressed
Hard-Disk Drive
Optical-Disc Drive
Magnetic Tape
Millipede memory
Holographic data storage
Others
FRAM
Zero-RAM
Nanobridge
Molecular

By Application

Enterprise Storage
Healthcare Monitoring
Consumer Electronics
Automotive Application
Industrial
Others

By Vertical

Telecom & IT
Healthcare
Automotive
Energy & Power
Manufacturing Industries
Others

BY Geography

North America Non-Volatile Memory Market
S. Non-Volatile Memory Market
Canada Non-Volatile Memory Market
Mexico Non-Volatile Memory Market
Rest of North America Non-Volatile Memory Market
Europe Non-Volatile Memory Market
Germany Non-Volatile Memory Market
K. Non-Volatile Memory Market
France Non-Volatile Memory Market
Russia Non-Volatile Memory Market
Spain Non-Volatile Memory Market
Italy Non-Volatile Memory Market
Rest of Europe Non-Volatile Memory Market
Asia-Pacific Non-Volatile Memory Market
China Non-Volatile Memory Market
Japan Non-Volatile Memory Market
India Non-Volatile Memory Market
South Korea Non-Volatile Memory Market
Singapore Non-Volatile Memory Market
Malaysia Non-Volatile Memory Market
Rest of Asia-Pacific Non-Volatile Memory Market
LAMEA Non-Volatile Memory Market
Brazil Non-Volatile Memory Market
Argentina Non-Volatile Memory Market
UAE Non-Volatile Memory Market
Saudi Arabia Non-Volatile Memory Market
South Africa Non-Volatile Memory Market
Nigeria Non-Volatile Memory Market
Rest of LAMEA Non-Volatile Memory Market

Companies Profiled

Intel Corporation
Toshiba Corporation
SAMSUNG ELECTRONICS CO. LTD.
Adesto Technologies Corporation
Viking Technology
Crossbar, Inc.
Kilopass Technology Inc.
Sidense Corporation
Sandisk Corporation
Micron Technology, Inc.

Related Reports:
North America Non-Volatile Memory Market (2016-2022)
Europe Non-Volatile Memory Market (2016-2022)
Asia Pacific Non-Volatile Memory Market (2016-2022)
LAMEA Non-Volatile Memory Market (2016-2022)