Last updated on April 18, 2014 at 1:21 EDT

Next Generation Memory Market Worth $90.74 Million By 2017

November 30, 2012

DALLAS, November 30, 2012 /PRNewswire/ –

According to a new market research report, “Global Next Generation Memory Market (2012
-2017), By Technology (DRAM, SRAM, Flash Memory, Memristor, Magneto resistive RAM (MRAM),
Phase Change RAM (PCRAM), Ferroelectric RAM), Application & Geography” published by
MarketsandMarkets (http://www.marketsandmarkets.com), the total market for next
generation memory is expected to reach $90.74 million by 2017 at an estimated CAGR of 7.3%
from 2012 to 2017.

Browse 135tables, 14 figuresspread through 259pagesand in-depth TOC on”Global Next
Generation Memory Market (2012 -2017), By Technology (DRAM, SRAM, Flash Memory, Memristor,
Magneto resistive RAM (MRAM), Phase Change RAM (PCRAM), Ferroelectric RAM), Application &


Early buyers will receive 10% customization on reports.

Emerging memories are expected to replace most of the conventional memory technologies
like flash memory. Among the four next generation memory technologies covered in this
report, the potential market for memristor is expected to be highest for the next five
years due to its advantages like simpler technology and capability of storing information
without requiring electrical current on the continuous basis. MRAM memory technology is
well commercialized and assures a high capacity; it also improves memory solutions for
high end consumer electronics devices. Of the next generation technologies, MRAM, in 2017,
will be biggest market; followed by FeRAM, PCRAM & Memristors.

Next generation memories are the emerging non-volatile memory technologies, which are
expected to replace existing memories. Not all existing memories will be replaced though.
Next generation memories majorly targets the non-volatile memories such as NAND and NOR.
High write and read latency, scalability, high endurance etc. makes emerging memories the
best replacement for traditional non-volatile memories. The major drivers for the next
generation memory market
[http://www.marketsandmarkets.com/Market-Reports/Memristor-Memory-Market-632.html ] are
faster switching time, high endurance and power efficient. In addition to this, the huge
application base of traditional memories is also one of the major drivers for this market.

APAC will remain the leading market for memory throughout the forecasted period due to
the presence of developed countries like Japan, China, South Korea, and developing
countries like India, Thailand, and others. The ongoing crisis in Europe (in countries
like Greece, Spain, Ireland, Portugal and Italy) has adversely affected business prospects
in the region. Companies are now looking for more exciting opportunities in African
countries, Middle East, South Asia, and North America.

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SOURCE MarketsandMarkets

Source: PR Newswire