Global Next-Generation Memory Market – Opportunities & Forecast 2016 -2021

Press Release : April 23, 2020
Global Next-Generation Memory Market – Opportunities & Forecast 2016 -2021

The global next-generation memory market is expected to grow at substantial rate in the near future. The increased demand for enterprise storage systems and applications coupled with rise in need for scalable, fast and technologically advanced memory devices are the key factors which are propelling the growth of the next-generation memory market. In addition, the growing usage of universal storage devices is expected to further bolster the growth of next-generation memory market.

On the basis of application, enterprise storage held the largest share in the next-generation memory market. This growth is attributed to increased demand for data storage capabilities in cloud and data centres. On the basis of application, consumer electronics segment is expected to grow at the highest rate during the forecast period owing to the increased usage of memory devices in smartphones, gaming devices, digital cameras and other consumer electronics devices.

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Asia-Pacific holds the largest market share in the global next-generation memory market. The key factors fuelling the growth of next-generation memory market in the region include presence of large number of data centres and servers as well as increasing demand for consumer electronics and storage devices in the region. Apart from this, the high GDP growth rate coupled with rising disposable income of people in the major economies such as India, China, Japan, South Korea is further fuelling the growth of the market in the region. Apart form this, the region has witnessed a rise in the number of shipments pertaining to networking equipment in recent years.

This research report on next-generation memory market provides in-depth analysis of the global next-generation memory market based on technology, application and major geographies for the period from 2016 to 2021. The report highlights the major market drivers pushing the growth and challenges faced by market participants. The research report provides market size and forecast for next-generation memory market. The report also analyses the competitive landscape and the major player and their market share in 2016. The competitive landscape section of the report also captures and highlights the recent development in the market.

The report also profiles the major companies active in this field, including Everspin, Samsung, Toshiba, Micron, SK Hynix, Western Digital, Adesto, Intel, Microchip, Fujitsu

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Key questions this research would answer: 1. Is the next-generation memory market growing? How long will it continue to grow and at what rate? 2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future? 3. What are the regional revenue and forecast breakdowns? What are the regional hotspots for growth in the next-generation memory market? 4. What are the various application areas and how they are poised to grow?

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About GMI Research

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