Global NanoRAM Market Report 2022: The market will reach $ 290.2 million by 2026

Global NanoRAM Market Report 2022: The market will reach $ 290.2 million by 2026

DUBLIN, May 6, 2022 / PRNewswire / – “NanoRAM – Global Market Analysis and Trajectory” report added. by ResearchAndMarkets.com offering.

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Global NanoRAM market to reach 290.2 million dollars by the year 2026

The global market for NanoRAM estimated at 44.8 million dollars in the year 2020, it is expected to reach a revised size of 290.2 million dollars by 2026, growing at a CAGR of 37.8% over the analysis period.

Nanotube-RAM or NanoRAM or NRAM is a non-volatile random access memory that uses carbon nanotubes placed on a chip-like substrate. NRAM is Nantero’s proprietary technology. Carbon nanotube-based non-volatile memory technology is expected to gain ground in the coming years.

The data storage needs of various electronic gadgets including computers, smartphones, laptops and other electronic devices used on a daily basis is increasing, which in turn fuels the growth of the market for NRAMs and other technologies that make it possible for more data storage. data. Increased investment in the electronics and semiconductor industries also creates growth opportunities for the market.

Demand is expected to be high in automotive, consumer electronics, defense, aerospace and telecommunications applications, where the characteristics of low power consumption and high-speed operation would be extremely beneficial. NRAMs are also integrated into circuits that are easily accessible by any electronic device.

Digital transformation projects, across various industry verticals, including BFSI, healthcare, IT and telecommunications, also create market growth opportunities. Also, compared to flash and DRAM, NRAM is faster. It consumes volatile capacity / bit about 160 times faster using relatively less power. NRAM also offers mass customization potential. In the form of a nanochip, it allows customization for numerous activities.

Enterprise Network & Systems, one of the segments analyzed in the report, is expected to grow at a CAGR of 35.7% to achieve 301.2 million dollars by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the embedded systems segment is readjusted to a revised 45.9% CAGR for the next 7-year period. This segment currently represents an 11% share of the global NanoRAM market.

The US market is valued at $ 22.1 million in 2021, while China is expected to catch up $ 71.9 million by 2026

The NanoRAM market in the United States is estimated at 22.1 million dollars in the year 2021. The country currently represents a 40.7% share in the global market. Chinathe second largest economy in the world, it is expected to reach an estimated market size of 71.9 million dollars in the year 2026 behind a CAGR of 45.6% during the analysis period.

Other noteworthy geographic markets are Japan And Canada, each forecast growth of 32.2% and 33% respectively over the analysis period. Within Europe, Germany the CAGR is expected to grow by approximately 33.7% while the Rest of Europe market (as defined in the study) will reach 110.9 million dollars by the end of the analysis period.

North America it is currently one of the key markets for NRAMs. The availability of improved technology infrastructure, combined with the factor of increasing investments in data centers, creates an environment highly conducive to the growth of the nano RAM market across the region.

Segment of embedded systems to reach $ 44.5 million by 2026

As there is a growing emphasis on developing integrated applications for smartphones and IoT (Internet of Things) components, the focus is on new technologies with greater flexibility and better optimization.

NRAM, in this regard, is considered extremely promising, as the technology has significant potential for customization, which implies that the technology can be built to meet the requirements of specific tasks. In embedded memory applications, NRAM can be used to create multiple power microcontrollers, microprocessors, and other types of logic devices.

Key topics covered:

I. METHODOLOGY

II. SYNTHESIS

1. MARKET OVERVIEW

  • Impact of the COVID-19 pandemic and looming global recession

  • 2020: a year of interruption and transformation

  • The semiconductor industry experiences disruptions

  • NanoRAM – Global Percentage Market Share of Top Competitors in 2022 (E)

  • NanoRAM: technology overview

  • An overview of the underlying technology and manufacturing technique for NRAM

  • NanoRAM: Carbon nanotube-based memory set to power next-generation devices

  • Perspectives and perspectives of the global market

  • competition

  • Nantero, Inc. – The owner of the NRAM Technology patent

  • Recent market activity

2. FOCUS ON SELECTED PLAYERS (Total 20 featured)

  • Advanced Micro Devices, Inc.

  • Canon Anelva Corporation

  • Cypress Semiconductor Corporation

  • Everspin Technologies, Inc.

  • Fujitsu Semiconductor Ltd.

  • Hitachi, Ltd.

  • Honeywell International Inc.

  • IBM Corporation

  • Infineon Technologies AG

  • Intel

  • Nanosys, Inc.

  • Nantero, Inc.

  • NVE Corporation

  • Samsung Electronics Co., Ltd.

  • SK Hynix Inc.

  • STMicroelectronics NV

  • Texas Instruments Inc

  • Toshiba Corp.

3. TRENDS AND MARKET DRIVERS

  • Emergence of next-generation memory technologies to support the growth of the NRAM market

  • The standalone emerging NVM market will grow

  • Potential applications of NRAM technology drive growth opportunities

  • Digital transformation and increased data generation drive memory needs, fueling the NRAM market

  • The growing demand for powerful and feature-rich consumer electronics devices shifts the focus to NRAM

  • Business Networks and Systems: NRAM to meet the growing computing needs of businesses

  • Proliferation of mobile devices and growing storage and processing needs Focus on the use of NRAMs in mobile devices

  • NRAM offers high strength and reliability to wearable devices

  • NRAM as memory-class storage in AI applications to prevent downtime and data loss

  • NRAM emerges as a memory solution for smart and connected cars

  • NRAM will emerge as a suitable memory option for the data processing needs of tough industrial applications

  • Potential for NRAM to replace DRAM

  • NRAM emerges as hard drive technology, transforming the computer world

  • Commercialization of NRAM technology receives increased investment from major technology players

  • Nantero licenses NanoRAM technology for industrialization

  • Prime NRAM Technology innovations for commercialization

  • Select emerging non-volatile memory technologies that challenge the growth of the NRAM market

  • FRAM: The growing demand for low-power, fast write memory solutions bodes well for the market

  • The expansion of the application areas drives the growth of the market

  • Mass production allows FRAM to remain a viable alternative to conventional non-volatile memories

  • The growing demand for sophisticated electronic control systems in the automotive industry drives the FRAM market

  • Evolving capabilities present MRAM as a promising memory technology of the future

  • The phase change memory (PCM) market is poised for high growth

  • ReRAM gains traction as a low-power, cost-sensitive solution in the next-generation memory market

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information on this report, please visit https://www.researchandmarkets.com/r/e6hjpk

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