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The Non-volatile Dual In-line Memory Module (NVDIMM) market is estimated to grow at a CAGR of 37.55% between 2023 and 2027. The size of the market is forecast to increase by USD 6,750.18 million. The growth of the market depends on several factors, including the proliferation of high-end servers, rising demand for low latency and high-speed memory modules, and growing demand for smartphones and smart wearables.
This report extensively covers market segmentation by application (enterprise storage and server, high-end workstation, and others), type (NVDIMM-N and NVDIMM-F), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The proliferation of high-end servers is notably driving the market growth, although factors such as high procurement costs may hamper the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The key benefits of 5G technology are its rapid and effective handling of massive amounts of data. This is crucial for applications like real-time analytics, artificial intelligence, and machine learning, which demand high-speed data transfer.
NVDIMMs are well-suited for these applications as they offer quick data access and can help reduce latency, hence enhancing overall system performance.
Additionally, 5G technology offers a quick, low latency link between data centres and end users, making the delivery of cloud-based services simpler and more affordable.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Non-Volatile Dual In-Line Memory Module Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Pure Storage Inc.- The company focuses on designing semiconductors and software for mobile communications, consumer electronics, security applications, and networking.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the enterprise storage and server segment will be significant during the forecast period. The global non-volatile dual in-line memory modules market is dominated by enterprise storage and servers. NVDIMMs are a form of memory technology that combines DRAM speed with NAND flash data persistence. They are thus well suited for applications like enterprise storage and servers where data integrity and high speed are essential.
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The enterprise storage and server segment was valued at USD 511.88 million in 2017 and continued to grow until 2021. In enterprise storage, NVDIMMs are frequently employed as a cache to expedite input/output operations and increase overall system performance. NVDIMMs can speed up application response times and lower latency of storage operations by granting quick access to frequently accessed data. NVDIMMs, which combine the speed of DRAM with the robustness of flash memory, can be utilised in servers to offer persistent memory.
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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
During the projection period, North America is expected to be the most prominent market. This is due to the region's significant adoption of servers and storage technologies, as well as prominent companies' increasing investment in research and development and new product launches. In comparison to other nations, North America is one of the most important markets for NVDIMM due to significant R&D investments made by local enterprises and a highly knowledgeable integrator base of memory module components. The US is home to many of the key market players, and it has recently contributed significantly to a number of key NVDIMM applications, such as neuromorphic computing, automotive, flexible electronics, IoT, edge computing, and industrial robotics.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The COVID-19 pandemic in 2020 severely affected the majority of the North American nations and caused the temporary shutdown of a number of industries, including those producing NVDIMM. In 2020, the production and distribution of NVDIMM were negatively impacted by the shutdown of manufacturing businesses. However, by 2021, the market for NVDIMM had recovered as regional end-user sectors, including automotive and consumer electronics, had resumed their operations as a result of the extensive COVID-19 vaccination campaigns carried out in the region. Additionally, regional advancements and breakthroughs in IoT, storage memory, and cloud computing, particularly by local companies, are accelerating the use of NVDIMM across a variety of end-user industries, including data centres and industrial facilities. These elements are anticipated to fuel the non-volatile dual-in-line memory module market's growth in North America during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The reports categorize the global non-volatile dual in-line memory module market as a part of the Electronic Equipment & Instruments. The super parent global electronics market includes manufacturers of communications equipment, technology hardware storage and peripherals, electronic equipment and instruments, electronic components, consumer electronics, and industrial electronics products, as well as electronic manufacturing services. The global electronic equipment and instruments market is expected to grow at a moderate pace. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
Non-Volatile Dual In-Line Memory Module Market Scope |
|
Report Coverage |
Details |
Page number |
165 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 37.55% |
Market growth 2023-2027 |
USD 6,750.18 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
34.74 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Key countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Avalanche Technology Inc., CrossBar Inc., Diodes Inc., Everspin Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Infineon Technologies AG, Intel Corp., Kioxia Corp., Micron Technology Inc., Netlist Inc., Pure Storage Inc., Rambus Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sanmina Corp., SK HYNIX Inc., SMART Global Holdings Inc., Super Micro Computer Inc., and Winbond Electronics Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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