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

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.

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

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  1. 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/PressReleases/non-volatile-memory.asp

  2. 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"

  3. Non-volatile memory is a type of computing memory, which is capable of saving data in the absence of a power source. The traditional/conventional 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.marketsandmarkets.com/pdfdownloadNew.asp?id=1371262 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.

  4. 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.marketsandmarkets.com/requestsampleNew.asp?id=110120052 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.

  5. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  6. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:newsletter@marketsandmarkets.com For More Info: https://www.marketsandmarkets.com/Market-Reports/non-volatile-memory-market-1371262.html

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