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Burgeoning Data Storage Requirements to Drive Advanced Solid-State Memory Systems Market, According to New Report by Global Industry Analysts, Inc.

July 20, 2012

GIA announces the release of a comprehensive global report on Advanced Solid-State Memory Systems. The global market for Advanced Solid-State Memory Systems is projected to surpass US$3.1 billion by 2018, owing to the rapid increase in storage requirements across the globe. In a knowledge-driven era where information is the engine that drives enterprises worldwide, management of information is gaining utmost importance. Other factors driving data growth and the ensuing storage needs include generation of rich media, regulatory compliance that mandates maintenance of audit trails, and financial data, and gargantuan email archives, given that email is a primary vehicle of business communication.

San Jose, California (PRWEB) July 20, 2012

Follow us on LinkedIn — An exponential increase in data is forcing many businesses to revise their policies on data management. Widespread implementation of CRM and ERP solutions have contributed towards enterprise data explosion by triggering exponential growth in the volume of information generated about partners, suppliers and customers. Networked machines, sensors and processes additionally generate a steady stream of real time data, which adds to the information overload being confronted by modern enterprises. The volume of information is increasing twofold every two years, and is now exceeding the capacity of conventional storage systems. Consumers are gradually moving from gigabytes to demanding terabytes for small systems, and petabyte systems are rapidly becoming the norm. The benefits of adding a solid-state drive to a lagging computer is being considered by many mainstream consumers. Sales of smart mobile devices, such as notebooks, smartphones, and tablets, are continuously witnessing an uptrend. Solid-state drive market is also expected to gain massive traction from the datacenter market. Datacenters across the globe are gaining confidence in the robustness of SSD technology and are considering replacing them for their existing hard disk drives. Constant improvements in enhancing performance and improving energy savings is expected to provide further impetus to the adoption of SSDs in datacenters.

Various solid-state memory technologies, such as SRAM, DRAM, and Flash, have existed for a considerable period of time, primarily due to their mutual beneficial differentiation. These technologies are capable of individually performing tasks well, but more advanced systems now require a single memory technology that can deliver the performance of these technologies cost-effectively. In addition to personal computers, the advent of various portable electronics is continuously increasing the demand for a single memory that can combine low-speed non-volatile memory for long term storage, high-speed memory for caching information to the processor, and medium-speed memory for constantly changing data. Moreover, scaling is gradually becoming a matter of concern for the memory industry. Various technological issues in the existing solid-state memory technologies are making OEMs and semiconductor companies take advanced memories more seriously. In the past few years, researchers have been trying to devise advanced non-volatile alternatives to existing solid-state memory systems.

Some of the notable memory technologies that are in differing stages of development include phase change RAM, ferromagnetic RAM, magnetoresistive RAM, resistance switching RAM, zero capacitor RAM, polymer printed memory, and quantum dot RAM. In the initial stages, the market for these advanced non-volatile solid-state memory systems is expected from adoption in embedded system of chip (SoC) cards and RFID tags. As these technologies mature, they are expected to find application in high-end smartphones, printed memory platforms, nuclear and aerospace installations, and automobiles. While it is too early to predict which technology will dominate the market, in near future, phase change RAM is expected to gain prominence and emerge as the most viable replacement for Flash. Magnetoresistive RAM is another technology that holds great potential in replacing battery-backed RAM and flash/SRAM combinations in high-end mobile products.

Advanced Solid-State Memory Systems market across the globe is being driven by the limitations of present storage systems. Present day memory storage devices are facing increasing requirements of higher write/read speed and storage capacity, and are inching towards stagnation in capabilities for scaling-up. Consumer products conventionally use SRAM (Static Random Access Memory), DRAM (Dynamic Random Access Memory) and Flash memory. SRAM flaunts of being fast, while DRAM is an inexpensive memory storage option. Flash memory offers the advantage of being non-volatile. However, these memory storage options possess drawbacks. SRAM is volatile, expensive and vulnerable to errors, while DRAM, despite being cheap, is volatile and requires constant refresh. Flash memory, though non-volatile, is slow. Further scaling up silicon technology for manufacturing higher capacity memory chips is expected to pose challenges. Increasing functionality of mobile communication devices is paving way for emergence of storage technology that is faster, has higher capacity and low power consuming. Growing popularity of disposable electronic products such as electronic greeting cards, RFID tags, electronic tickets, and smart cards among others has also increased the need for improved memory options.

Given the disadvantages associated with hard disk drives (HDDs) and optical storage devices containing moving parts, such as, spinning disks and movable read/write heads; solid state drives (SSD) are rising in popularity and are being touted as the future of digital storage. The scale-out architecture of these systems and plug-and-play storage features remain important competitive advantages stacked in its favor. Armed with solid state semiconductor battery backed RAM, EPROM, DRAM or flash memory boards and with an integrated memory bus board, a CPU, and a battery card, SSD devices will in the long-term replace hard disk storage given the envisaged inability of hard drives to continue to deliver application performance needed in future systems. The replacement is expected to take place even in the event of solid state storage technology failing to achieve cost parity with existing technologies. This is primarily because computing power of each new generation of processors has and will continue to double requiring storage technologies to be capable of closing the performance gap. This need to plug the processor/disk performance gap will therefore drive up demand for solid-state drives (SSDs). SSD replacement of hard drives in the consumer PC market is forecast to be extremely slow and time consuming while the same in the enterprise online storage market is poised to be rapid.

As stated by the new market research report on Advanced Solid-State Memory Systems, the United States and Europe account for a major share of the global market for Advanced Solid-State Memory Systems. China represents the fastest growing market for Advanced Solid-State Memory Systems, albeit from a low base.

Major players in the global marketplace include 4DS, Inc., Adesto Technologies Corporation, Inc., Crocus Technology SA, Everspin Technologies, Inc., Grandis, Inc., Intel Corporation, LSI Corporation, Micromem Technologies, Inc., Nantero, Inc., NVE Corporation, OCZ Technology Group, Inc., Ramtron International Corporation, Samsung Semiconductor, SK Hynix Semiconductor Inc., Thin Film Electronics ASA, and Toshiba Corporation.

The research report titled “Advanced Solid-State Memory Systems: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, and other strategic industry activities. The report provides market estimates and projections by Value in US$ Million for major geographic markets including US, Canada, Japan, Europe, China, South Korea, and Rest of World.

For more details about this comprehensive market research report, please visit —

http://www.strategyr.com/Advanced_Solid_State_Memory_Systems_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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