The global non-volatile random access memory (NVRAM) market value is projected to reach USD 3.06 Billion by 2030, growing at a CAGR of 13.5% from 2022 to 2030.

Nonvolatile Random Access Memory (NVRAM) Market Overview

Nonvolatile Random Access Memory (NVRAM) is a type of computer memory that can retain data even when the power is turned off. This makes them ideal for storing settings and other information you need to remember even when the device is not in use. NVRAM is often used to store the operating system's configuration information, allowing it to start up faster.

Contrive Datum Insights has recently published the Nonvolatile Random Access Memory (NVRAM) Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Nonvolatile Random Access Memory (NVRAM) market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Cypress Semiconductor, Nantero, Everspin Technologies, Maxim, STMicroelectronics, Texas Instruments, Adesto Technologies, ON Semiconductor, Schneider Electric, and others.

Industry News:

• Intel Corporation and Micron Technology Inc. jointly announced in March 2021 that they had developed a new type of memory technology called 3D XPoint. This new technology is faster and denser than current NAND flash memory and could be used in applications ranging from gaming and virtual reality to data centres and autonomous vehicles.
• Everspin Technologies, a leading supplier of magneto-resistive random access memory (MRAM) products, announced in September 2021 that it has partnered with Seagate Technology to develop next-generation storage solutions using Everspin's MRAM technology.
• Samsung Electronics announced in July 2021 that it has developed a new type of high-speed, low-power memory PRAM (Phase-change Random-Access Memory) that can replace both DRAM and NAND flash memory in future devices.
• Fujitsu Limited announced in September 2021 that it has developed a new type of ferroelectric RAM (FRAM) technology that can store data for more than 10 years without power. This makes FRAM a viable option for Internet of Things (IoT) devices that require long-term, maintenance-free operation.

What are the major Applications, Types, and Regions for the Nonvolatile Random Access Memory (NVRAM) Market?

On the Basis of Type:

• SRAM
• MRAM
• FRAM

On the Basis of Application:

• Communication
• Computer/IT Sector
• Consumer Electronics
• Automotive Sector
• Others

Nonvolatile Random Access Memory (NVRAM) Market Regional Insights:

The Asia Pacific Nonvolatile Random Access Memory (NVRAM) market is expected to grow at the highest CAGR during the forecast period. This growth is driven by growing demand for high-performance, low-cost and energy-efficient products in emerging economies such as China and India. In addition, increased R&D investment by major players is also expected to drive the regional growth over the next eight years. North America is expected to see significant growth due to its well-established computer/IT sector, along with Mexico's growing consumer electronics industry. The European NVRAM market was valued at USD 1 million in 2014 and is expected to show moderate growth.

Geographically, the global Nonvolatile Random Access Memory (NVRAM) market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Nonvolatile Random Access Memory (NVRAM) Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 13.5% from 2022 to 2030.
By Type	SRAM, MRAM, FRAM
By Application	Communication, Computer/IT Sector, Consumer Electronics, Automotive Sector, Others
By Companies	Cypress Semiconductor, Nantero, Everspin Technologies, Maxim, STMicroelectronics, Texas Instruments, Adesto Technologies, ON Semiconductor, Schneider Electric
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

 

Frequently Asked Questions (FAQ) about the Nonvolatile Random Access Memory (NVRAM) market:

What is the CAGR of the global Nonvolatile Random Access Memory (NVRAM) market?

The Nonvolatile Random Access Memory (NVRAM) Market is growing at a CAGR of 13.5% during the forecast period.

Which region would offer high growth for vendors in the Nonvolatile Random Access Memory (NVRAM) market?

The Asia Pacific Nonvolatile Random Access Memory (NVRAM) market is expected to grow at the highest CAGR during the forecast period.

Which Is the Most potential market segment?

By Types- SRAM, MRAM, FRAM

By Applications - Communication, Computer/IT Sector, Consumer Electronics, Automotive Sector, Others

Which are the top industry players in the Nonvolatile Random Access Memory (NVRAM) market?

Cypress Semiconductor, Nantero, Everspin Technologies, Maxim, STMicroelectronics, Texas Instruments, Adesto Technologies, ON Semiconductor, Schneider Electric

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