The Market for Retail Industry Is Projected To Witness the Highest Demand for Non-Volatile Memory from 2017 To 2022

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MarketsandMarkets Presents

The Market for Retail Industry Is Projected To
Witness the Highest Demand for Non-Volatile
Memory from 2017 To 2022 Non-Volatile Memory
Market by Type (Flash (NAND, NOR), EEPROM,
NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM,
FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), End-User
Industry, and Geography - Global Forecast to 2022
https//www.marketsandmarkets.com/PressRelease
s/non-volatile-memory.asp
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The growth of the non-volatile memory market can
be attributed to the increasing demand for
non-volatile memory in connected and wearable
devices and growing requirement for highly
scalable memory devices that offer high speed and
have low power consumption. The report
"Non-volatile Memory Market by Type (Flash (2D
NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D
NAND, MRAM/STT-MRAM, FRAM, ReRAM/CBRAM, 3D
XPOINT, NRAM), End-user Industry, Region - Global
Forecast to 2022", is projected to reach USD 82.0
billion by 2022, at a CAGR of 9.5 from 2017 to
2022. Browse 80 market data Tables and 72
Figures spread through 198 Pages and in-depth TOC
on "Non-volatile Memory Market - Global Forecast
to 2022"
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Non-volatile memory is a type of computing
memory, which is capable of saving data in the
absence of a power source. The traditional/convent
ional non-volatile memory solutions that are used
extensively are 2D NAND flash, NOR flash, EEPROM,
NVSRAM, EPROM, and embedded non-volatile memory.
The emerging non-volatile memory solutions
include 3D NAND, MRAM/STT-MRAM, FRAM,
ReRAM/CBRAM, 3D XPoint, Nano RAM (NRAM), and
others (nanobridge, quantum-dots (Q-dots),
millipede, molecular, transparent/flexible).
Growing adoption of high-end computing systems,
data centers, and servers and increasing
replacement of traditional memory solutions with
emerging non-volatile memory solutions are
expected to act as growth opportunities for the
non-volatile memory market in the coming
years. Ask PDF Brochure https//www.marketsandma
rkets.com/pdfdownloadNew.asp?id1371262 Based on
type, the traditional non-volatile memory segment
led the market in 2016 The traditional
non-volatile memory includes 2D NAND flash, NOR
flash, NVSRAM, EEPROM, EPROM, and embedded
non-volatile memory. Embedded non-volatile memory
is used in the connected devices that use the
Internet of Things (IoT) technology due to the
high efficiency offered by it under
ultra-low-power conditions. The traditional
non-volatile memory solutions are inexpensive and
offer high density and performance, thereby
leading to their increased demand across the
globe.
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The retail end-user industry is projected to
witness the highest demand for non-volatile
memory from 2017 to 2022 The companies operating
in the retail industry are adopting emerging
memory technologies to store and access the data
generated at their points of sales to make
data-driven decisions to meet the expectations of
customers. Non-volatile memory is an integral
part of various analytic tools used in the retail
end-user industry to carry out data computing and
analysis. This leads to increased adoption of
non-volatile memory solutions in the retail
industry. Thus, the retail segment of the
non-volatile memory market is projected to grow
at the highest CAGR during the forecast
period. Request Free Sample Pages https//www.ma
rketsandmarkets.com/requestsampleNew.asp?id110120
052 Asia Pacific led the non-volatile memory
market in 2016 The high population density in
the Asia Pacific region makes it a high-potential
market for consumer electronics. The increasing
use of non-volatile memory in consumer
electronics is driving the mass production of
non-volatile memory devices in Asia Pacific.
Moreover, the presence of major global foundries
in Asia Pacific is also leading to continuous
developments in non-volatile memory
technologies. Increased funding and favorable
government policies in China to carry out
developments in DRAM, eDRAM, and V-NAND flash
memory are also fueling the growth of the
non-volatile memory market in Asia Pacific.
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