NEXT GENERATION MEMORY TECHNOLOGIES MARKET ANALYSIS

Next Generation Memory Technologies Market, By Technology (Non-volatile (Magneto-Resistive Random-Access Memory (MRAM), Ferroelectric RAM (FRAM), Resistive Random-Access Memory (ReRAM), 3D Xpoint, Nano RAM, and Other Non-volatile Technologies (Phase change RAM, STT-RAM, and SRAM)), and Volatile ((Hybrid Memory Cube (HMC), High-bandwidth Memory (HBM)), By Industry Vertical (BFSI, Consumer Electronics, Government, Telecommunications, Information Technology, and Other Industries), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jun 2024
Code : CMI1191
Pages :170
Formats :
Excel and PDF
Industry : Semiconductors

Market Concentration and Competitive Landscape

Next Generation Memory Technologies Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Growing Adoption in Data Centers and Cloud Infrastructure

Next-generation memory solutions like 3D XPoint, STT-MRAM, and ReRAM are being actively evaluated by leading cloud providers for deployment in memory/storage hierarchy as they promise significantly higher densities, lower latencies, and better endurance than NAND alone. Big data centers are adopting tiered storage architectures leveraging non-volatile memories to optimize for factors like performance, cost-effectiveness, and power-efficiency across different access granularities and use cases. Top cloud operators have already started deploying 3D X.

As investments in data centers continue to rise, North America is expected to remain a prime destination for next-generation memory providers. For example, in March 2022, Vantage Data Centers, a leading provider of hyperscale data center campuses, announced an additional investment of USD 721.1 million (CAD 900 million) to expand its Canadian operations. This investment includes the construction of a third campus in Montreal and the expansion of two existing campuses in Quebec City and Montreal.

Key Players Insights