市場調查報告書
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1483045
全球下一代記憶體市場 2024-2031Global Next Generation Memory Market 2024-2031 |
下一代記憶體市場規模、佔有率和趨勢分析報告,依類型(揮發性和非揮發性)和應用(BFSI、IT 和電信、政府、消費性電子產品等),預測期(2024-2031)
預計下一代記憶體市場在預測期內(2024-2031年)將以 26.5%的指數年複合成長率成長。下一代記憶體是目前開發的一種電腦記憶體技術。它是半導體產業中快速發展的部門。下一代記憶體目的是改善 DRAM 和 NAND 快閃記憶體等傳統記憶體類型的限制。下一代記憶體領域的不斷發展以改善傳統記憶體的限制是推動全球市場成長的關鍵因素。極端環境條件下缺乏穩定性可能會抑制全球市場。
(HMC)
Next Generation Memory Market Size, Share & Trends Analysis Report by Type (Volatile and Non-Volatile), and by Application (BFSI, IT & Telecom, Government, Consumer Electronics, and Others) Forecast Period (2024-2031)
Next generation memory market is anticipated to grow at an exponential CAGR of 26.5% during the forecast period (2024-2031). Next-generation memory is a category of computer memory technology that is currently under development. It is a rapidly evolving sector within the semiconductor industry. Next-generation memory is designed to improve on the limitations of traditional memory types like DRAM and NAND flash. The growing development in the field of next generation memory to improve on the limitation of traditional memory is a key factor driving the growth of the global market. The lack of stability under extreme environmental conditions may restrain the global market.
Market Dynamics
High demand for high-performance & low-power memory devices
The high demand for high-performance and low-power memory devices for the proliferation of data-intensive applications such as AI, ML, and big data analytics is a key factor promoting the development of next generation memory. RRAM, MRAM, FeRAM, and NRAM are some of the emerging non-volatile memories that offer higher scalability, density, speed, and endurance compared to traditional memory. This memory takes between 1-10 ns for their output to meet the specified requirements after a command request.
Growing investment in technology
The growing investment by both public & private firms in next generation memory development is a key factor driving the growth of the global market. For instance, in May 2023, Micron Technology announced it to invest up to $3.6 billion in Japan for the next few years with support from the Japanese government for the development of next-generation memory chips. With this investment, the company plans to install extreme ultraviolet (EUV) lithography in Japan to make the next generation of dynamic random-access memory (DRAM), called the 1-gamma chips, at its Hiroshima plant.
Market Segmentation
Based on the type, the global next generation memory market is sub-segmented into volatile memory and non-volatile memory. Non-volatile memory held major share based on type. The high share of this market segment can be attributed to the rising demand for faster, more effective, and cost effective memory solutions. The increasing demand for medical wearables has further driving the growth of this market segment.
The global next generation memory market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Next Generation Memory Market Growth by Region 2024-2031
Source: OMR Analysis
Asia-Pacific Holds Major Market Share
Among all the regions, Asia-Pacific holds a significant share owing to the increasing adoption of semiconductor components across various industries, including automotive, consumer electronics, and IT & telecom, and increasing use of memory-based elements in technologically advanced products, such as smartphones, and wearable devices. In recent decades, East Asia has transformed into a hub for the manufacturing of electronics such as smartphones, televisions, and semiconductors. Multinational supply chains centered in East Asia manufacture hundreds of billions of dollars of semiconductors a year. The Asia-Pacific semiconductor market has shown major growth in the last two decades, as electronic equipment production shifted to the region. Additionally, the expansion of 5G networks and increasing data center expansion have increased the need for next generation memory-intensive chips boosting the market growth.
Note: Major Players Sorted in No Particular Order.
The major companies serving the global next generation memory market include Intel Corp., Micron Technology, Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Fujitsu Ltd. among others. The top 5 players hold a major share in the global market. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in March 2024, ADTechnology signed a Memorandum of Understanding (MOU) with CoSignOn/CoreLink, a startup specializing in memory driving and operational foundational technologies. The core focus of this collaboration is to secure HBM IP solutions, a next-generation memory technology. Through the Next-Generation IP eco-system, vendors within this network anticipate establishing a foundation to garner market attention by providing stable and reliable products and services.
(HMC)