Connect with us
European Gaming Congress 2024

Artificial Intelligence

Worldwide Non-Volatile Memory Market Share Expected to Grow US $198.79 Billion By 2032, With 10.4% Annual CAGR: Polaris Market Research

Published

on

<!– Name:DistributionId Value:8751873 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value:5557 –> <!– Name:CustomerId Value:1109402 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:99ca3905-895e-456f-b876-27e5133a7d19 –>

New York, NY, Feb. 17, 2023 (GLOBE NEWSWIRE) — Polaris Market Research has published a new research report titled “Non-Volatile Memory Market Share, Size, Trends, Industry Analysis Report, By Type (Flash, EPROM, nvSRAM, EEPROM, 3D NAND, MRAM, FRAM, NRAM, ReRAM, and PMC); By Wafer Size; By End-Use; By Region; Segment Forecast, 2023 – 2032” in its research database.

According to the research report, the global non-volatile memory market size & share was valued at USD 73.95 billion in 2022 and is expected to reach USD 198.79 billion by 2032, growing at a CAGR of 10.4% during the forecast period.

What is Non-Volatile Memory? How Big is Non-Volatile Memory Market Size & Share?

Non-volatile memory (NVM) is an advanced storage technology that has the capability to retain stored data or program code even in the absence of power. In contrast, volatile memory requires memory data to be periodically refreshed. Non-volatile memory is usually used for the task of secondary storage or long-term persistent storage. NAND flash and solid-state drives (SSD), read-only memory (ROM), EPROM (erasable programmable ROM), and EEPROM (electrically erasable programmable ROM) are some examples of non-volatile memory.

Advertisement

NVM can be classified into two types, including mechanically addressed systems and electrically addressed systems. Electrically addressed systems are further categorized by write mechanism. They are more expensive but faster than mechanically addressed systems. The increasing use of non-volatile memory in a number of critical applications, such as data centers, electronics, healthcare, and aerospace, is driving the non-volatile memory market size.

Request Sample Copy of Non-Volatile Memory Market Research Report @ https://www.polarismarketresearch.com/industry-analysis/non-volatile-memory-market/request-for-sample

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Our Sample Report May Includes:

  • 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
  • 115+ Pages Research Report (Inclusion of Updated Research).
  • Provide Chapter-wise guidance on Requests.
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures.
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.

Highlights of The Report

  • All-inclusive information on the product portfolios of the top players in the market.
  • An in-depth assessment of the geographic and business segments of the market.
  • Market segmentation on the basis of the type of product, application, and region.
  • It offers a forward-looking perspective on the developing elements driving or controlling the business area’s development.
  • The recent research and development projects performed by each key player.
  • A thorough analysis of the market’s value chain and assess the effect of Porter’s five forces.

Some of the Top Market Players Are:

  • Western Digital
  • KIOXIA Technologies
  • Micron Technology
  • HYNIX
  • Microchip Technology
  • Renesas Electronic
  • STMicroelectronics
  • Infineon Technologies
  • Nantero
  • Crossbar
  • Everspin Technologies
  • SMART Modular Technologies
  • HT Micron
  • SkyHigh Memory
  • Pure Storage

For Additional Information on Key Players, Download a PDF Brochure: https://www.polarismarketresearch.com/industry-analysis/non-volatile-memory-market/request-for-sample

Market dynamics

Advertisement

Key Growth Driving Factors

  • Rising use of non-volatile storage in next-gen wearables to push the market growth

A surge in the development of next-generation 5G technology coupled with the rising deployment of 5G infrastructure networks which has led to increasing the demand and prevalence for high-performance computing and deployment of small data centers near customer locations are propelling the non-volatile memory industry growth. Non-volatile storage is increasingly used in next-gen wearables such as smartwatches and glasses. It is widely adopted for applications such as streaming media devices, printers, smart speakers, and IoT devices. These factors support the non-volatile memory market growth.

Request for a Discount on this Report Before Purchase @ https://www.polarismarketresearch.com/industry-analysis/non-volatile-memory-market/request-for-discount-pricing

Recent Trends Influencing the Market

Growing developments in storage technologies are expected to flourish the industry evolution

  • Rapid technological developments in semiconductor memory chips and high-capacity memory solutions with faster data transfer rates are key non-volatile memory market trends expected to drive its growth over the forecast period. The rising penetration of artificial intelligence and the Internet of Things across the globe is further anticipated to fuel product demand in the coming years.
  • Moreover, the growing demand for NVM in flexible electronics, along with the emergence of the latest storage technologies such as MRAM, NRAM, and 3D XPoint, is expected to create lucrative opportunities in the non-volatile memory market. For instance, in July 2022, Western Digital Technologies computer, a leading developer and manufacturer of storage solutions, announced that it has begun distributing its new 22TB HDDS and is aiming to serve three separate markets: IT/data centers, network attached storage, and smart/video surveillance.

Non-Volatile Memory Market: Report Scope

Report Attribute Details
Revenue forecast in 2032 USD 198.79 Billion
Market size value in 2023 USD 81.47 Billion
Expected CAGR Growth 10.4% from 2023 – 2032
Base Year 2021
Forecast Year 2023 – 2032
Top Market Players Western Digital Technologies, KIOXIA Technologies, Micron Technology, HYNIX Inc., Microchip Technology Inc., Renesas Electronic Corporation, STMicroelectronics, Infineon Technologies AG, Nantero Inc., Crossbar Inc., Everspin Technologies, SMART Modular Technologies, HT Micron, SkyHigh Memory Limited, and Pure Storage Inc.
Segments Covered By Type, By Wafer Size, By End-Use, By Region
Customization Options Customized purchase options are available to meet any research needs. Explore customized purchase options

Segmental Analysis

Advertisement
  • Flash memory segment held the highest market share in 2022

Based on type, the flash memory category accounted for the largest non-volatile memory market share in 2022 owing to the rising demand for various types of consumer electronics such as laptops, smartphones, digital cameras, and many others in which flash memory is used. The growing adoption of innovative cloud solutions and the growing prevalence of ML, AI, and IoT devices are positively influencing the demand for flash memory globally.

  • 300 mm wafer size segment is likely to experience the major growth

On the basis of water size, the 300 mm wafer size category is anticipated to capture the greatest revenue share in the non-volatile memory market throughout the foreseen period. This growth can be attributed to the increasing initiatives by leading manufacturers globally to build 300 mm fabrications. Also, major companies are emphasizing introducing a number of newly designed equipment with 12” wafers, which is an additional factor supporting the segment growth.

  • Consumer electronics segment witnessed a massive market share in 2022

In terms of end-user, consumer electronics held the largest revenue share due to the rising requirement and increasing demand for high storage density and low power consumption memory in consumer electronic products like smartphones, digital cameras, wearables, and gaming devices.

Inquire more about this report before purchase @ https://www.polarismarketresearch.com/industry-analysis/non-volatile-memory-market/inquire-before-buying

(Inquire about a report quote OR available discount offers to the sales team before purchase.)

Regional Analysis

  • The demand in Asia Pacific is predicted to acquire a significant growth

Based on geography, the non-volatile memory market in the Asia Pacific is estimated to grow at a significant rate during the anticipated period owing to the high population density in nations such as India and China. The rising expansion of consumer electronic products coupled with the increased expansion of healthcare infrastructure that has led to increased demand for better and high-performance memory devices is further expected to flourish the industry expansion in the coming years.

Furthermore, North America dominated the market in 2022 because of the increasing construction activities of various new infrastructures such as data centers, as well as the rise in the development of digital economy nations like the United States and Canada are contributing the regional market growth.

Browse the Detail Report “Non-Volatile Memory Market Share, Size, Trends, Industry Analysis Report, By Type (Flash, EPROM, nvSRAM, EEPROM, 3D NAND, MRAM, FRAM, NRAM, ReRAM, and PMC); By Wafer Size; By End-Use; By Region; Segment Forecast, 2023 – 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/non-volatile-memory-market     

Advertisement

For Additional Information OR Media Enquiry, Please Mail At: [email protected]

Recent Developments

  • In May 2022, Toshiba Electronic & Japan Semiconductor have together developed a new analog platform with embedded non-volatile memory for various automotive applications. The new platform, which mostly applies to analog integrated circuits, offers an optimum combination of devices and processes.

Frequently Asked Questions

  • Who are the crucial companies operating the market?
  • What are the major industry norms influencing the development of the industry?
  • Which is the most propelling country in the industry?
  • Which application or product type will obtain progressive development possibilities during the forecast period?
  • What is the expected growth rate of the market during the foreseen period?

Polaris Market Research has segmented the non-volatile memory market report based on type, wafer size, end-use, and region:

By Type Outlook

  • Flash
  • EPROM
  • nvSRAM
  • EEPROM
  • 3D NAND
  • MRAM
  • FRAM
  • NRAM
  • ReRAM
  • PMC

By Wafer Size Outlook

  • 200 mm
  • 300 mm

By End-Use Outlook

  • Consumer Electronics
  • Enterprise Storage
  • Automotive & Transportation
  • Military & Aerospace
  • Industrial
  • Telecommunication
  • Energy & Power
  • Healthcare
  • Agriculture
  • Retail

By Region Outlook

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Browse More Related Reports:

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

Advertisement

Contact:

Likhil G
30 Wall Street
8th Floor,
New York City, NY 10005,
United States
Phone: +1-929 297-9727
Email: [email protected]
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn Twitter

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Relu Secures FDA 510(k) and CE Marking for Revolutionary Dental Software Relu® Creator

Published

on

relu-secures-fda-510(k)-and-ce-marking-for-revolutionary-dental-software-relu-creator

LEUVEN, Belgium, Oct. 1, 2024 /PRNewswire/ — Relu, a pioneer in artificial intelligence (AI) assisted segmentation for dental labs and software companies, proudly announces the dual achievement of 510(k) clearance by the U.S. Food and Drug Administration (FDA) and CE Mark approval by an EU Notified Body. These regulatory milestones authorize the commercial distribution of the Relu® Creator, the cutting-edge dental tool that enables users to create 3D anatomical models from patients in just minutes.

 
 
FDA clearance signifies compliance with U.S. medical device standards, while the CE Mark confirms adherence to EU regulations for product safety and consumer protection. This dual recognition underscores Relu’s commitment to excellence in the oral health sector.
“We are thrilled to have attained both FDA and CE approval for the Relu® Creator,” stated Adriaan Van Gerven, CTO and Co-founder, of Relu. “These significant achievements are a testament to Relu’s dedication to creating superior technology that meets the highest international safety and quality standards. We’re poised to revolutionize patient and dentist experiences across both continents.”
“This approval paves the way for our advanced technology to enter US and EU dental markets with the highest potential for growth. Having led strategy in Dental, AI and Orthodontic sectors, I consider this achievement a key differentiator that sets Relu® Creator apart. This is a major step forward in Relu’s mission to modernize dental care,” said Bindu Saran, former Global Head of Orthodontic Technology at Straumann, former Sr. Manager of R&D at Ormco, and Board Member at Relu.
The Relu® Creator integrates cutting-edge AI to deliver features such as automated anatomical identification, and enhanced 3D imaging for dental diagnostics and treatment planning. By improving precision and increasing overall efficiency in dental procedures, Relu® Creator is set to be an essential tool for modern dental clinics.
About Relu
Relu is founded in 2019 with the dream of making dental treatments safer and faster. They plug in advanced computer vision and artificial intelligence to automate manual workflows. Their Relu® Engine and Relu® Creator are used by dental lab and software partners for more than thousands of orthodontic and implant treatments every day. Relu is headquartered in Leuven, BE with an office in Boston, MA, USA. Learn more at relu.eu.
© 2024 Relu
Photo: https://mma.prnewswire.com/media/2503063/Relu.jpgLogo: https://mma.prnewswire.com/media/2038266/Relu_Logo.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/relu-secures-fda-510k-and-ce-marking-for-revolutionary-dental-software-relu-creator-302246365.html

Continue Reading

Artificial Intelligence

Danish telecoms giant TDC NET chooses IFS Cloud to boost workforce efficiency and modernize infrastructure

Published

on

danish-telecoms-giant-tdc-net-chooses-ifs-cloud-to-boost-workforce-efficiency-and-modernize-infrastructure

LONDON, Oct. 1, 2024 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announced that TDC NET, Denmark’s largest provider of telecommunications infrastructure, has chosen to implement IFS Cloud to supercharge operational efficiencies across its business.

A longstanding IFS customer, TDC Net will use the IFS Cloud for Field Service Management to streamline its workforce management (WFM) processes, including field service operations. Implementing IFS Cloud will also allow the Danish telco company to consolidate its WFM systems into a single platform, eliminating process duplication and controlling costs.
IFS Cloud for Field Service Management including IFS Planning and Scheduling Optimization (IFS PSO) will allow TDC NET to assign the right technicians with the appropriate skills to the right jobs and dynamically schedule tasks based on real-time data such as technician availability, location, and traffic conditions. This enhanced efficiency is critical as TDC NET continues its mission to transition its nationwide network infrastructure from copper to fiber, implement IoT solutions, and adopt AI technologies – all in a sustainable way to reach the company’s net zero target in 2030.
Beyond workforce management IFS Cloud will enable TDC NET to consolidate its wider IT operations, removing legacy infrastructure and reducing the number of current systems across the business.
Carsten Rasmussen, Head of IT enablement in TDC Net, said: “As we work towards phasing out copper infrastructure and becoming a modern digital infrastructure provider, consolidating our IT systems is critical. Partnering with IFS and accessing IFS Cloud will give us the field service and resource management capabilities we need to simplify, automate, and build a sustainable architecture that meets the demands of the new digital age.”
Jesper Illum, Country Manager, Denmark, IFS, said: “TDC Net is not only Denmark’s largest provider of telecommunications infrastructure but also a forward-thinking company committed to transforming its operations with fiber and 5G technologies. IFS Cloud will help it scale its systems, increase automation, and improve customer deliveries.”
IFS partner, Infosys, will implement and roll out IFS Cloud and the associated services.
About TDC NET
TDC NET is a Danish telecommunications company focused on building, operating and maintaining telecommunications infrastructure in Denmark. It provides a wide range of services, including fiber broadband and the best 5G mobile network in Denmark. TDC NET plays a key role in digitalising Denmark by investing in and upgrading network infrastucture to ensure high-quality connectivity and access for both individuals and businesses. For more information, please visit tdcnet.com
About IFS
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 6,500 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
IFS Press Contacts:
Europe / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7775 114 856
North America / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7918 607 299
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ifs/r/danish-telecoms-giant-tdc-net-chooses-ifs-cloud-to-boost-workforce-efficiency-and-modernize-infrastr,c4045209
The following files are available for download:
https://mb.cision.com/Main/855/4045209/3031626.pdf
Release
https://news.cision.com/ifs/i/teknikerbil-kornmark-930x423px,c3338713
teknikerbil kornmark 930x423px

View original content:https://www.prnewswire.co.uk/news-releases/danish-telecoms-giant-tdc-net-chooses-ifs-cloud-to-boost-workforce-efficiency-and-modernize-infrastructure-302263739.html

Continue Reading

Artificial Intelligence

TraceLink Releases Amadeus, the First Generative AI Assistant for Accelerating the Digitalization of Supply Networks on the Opus Platform

Published

on

tracelink-releases-amadeus,-the-first-generative-ai-assistant-for-accelerating-the-digitalization-of-supply-networks-on-the-opus-platform

Trained on a rich set of information from a unified content repository, Opus Orchestration Architects, Solution Designers, Network Administrators, and those simply interested in learning more about TraceLink’s solutions are empowered with information in seconds
BOSTON, Oct. 1, 2024 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, today announced the launch of Amadeus, an AI Assistant to help users across the supply chain configure and optimize supply networks. Powered by advanced Large Language Model (LLM) algorithms, Amadeus allows users to find answers across a large volume of the TraceLink University educational content ecosystem, including developer resources, educational “how-to” materials, and technical documentation, delivering detailed, accurate responses tailored to their needs.

Whether navigating through extensive resources, searching for specific content, or exploring related topics, Amadeus provides intelligent answers drawn from a knowledge base refreshed on a daily basis. Its advanced search capabilities and context-aware assistance with source URL and citations ensure a smooth, reliable, current, and efficient content discovery process. With instant access to TraceLink University documents, educational whitepapers, case studies, and more, Amadeus delivers quick, within-seconds responses tailored to specific customer use cases, helping users solve complex business problems with confidence.
“With Amadeus, we are offering a powerful way for customers to engage with the wealth of knowledge within TraceLink University,” said Shabbir Dahod, President and CEO at TraceLink. “By integrating generative AI and LLMs with our extensive content library, Amadeus helps users to quickly find the information they need to optimize their supply chain operations. This is just the beginning of how TraceLink aims to harness AI to further transform supply chain management in the future.”
Amadeus’ AI functionality is further enriched by its robust safeguards. Built-in guardrails and alignment with OpenAI’s safety protocols verify that responses are relevant and accurate, eliminating AI hallucinations and keeping users on track. With these AI safety features built into Amadeus, users receive the most applicable and trusted answers, helping them make informed decisions in real-time. Looking forward, Amadeus will securely integrate content from customers’ own orchestration networks, thereby enabling a powerful AI-driven experience on top of end-to-end supply chain network intelligence to leverage predictions to drive business results.
Learn more about TraceLink’s Opus Magnum release, the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration.
See Opus Magnum live at FutureLink Barcelona 2024, the only thought-leadership, education, and networking event for life sciences and healthcare leaders needing critical intelligence and better collaboration across supply chain relationships, from October 2-4, 2024. With keynotes headlined by the industry’s top thought leaders, a full day of TraceLink University educational sessions, three orchestration tracks led by customers and solution partners, and an immersive product and solution exhibition, this year’s FutureLink will focus on the end-to-end digitalization of your supply chain to link your enterprise systems and processes to the network. Register now.
About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
Logo – https://mma.prnewswire.com/media/1004729/TraceLink_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/tracelink-releases-amadeus-the-first-generative-ai-assistant-for-accelerating-the-digitalization-of-supply-networks-on-the-opus-platform-302262931.html

Continue Reading

Trending