Below are some of the key findings from the memory modules market research report
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Global memory modules industry overview
The increasing demand for data centers is a key factor contributing to the growth of the global memory modules market. The demand for data centers is increasing, especially among CSPs, telecommunication vendors, enterprises, and government agencies. The demand can be attributed to the adoption of advanced technologies, such as cloud-based services and big data analytics to meet global operational business needs. Developed countries are witnessing higher investments in data center construction due to the need for modern technological solutions, which is triggering the growth. Manufacturers are expected to adopt a variety of advanced technologies that provide high storage capabilities, cost-effectiveness, and less power consumption.
The global memory modules market growth is also largely impacted by the rising integration of MRAM in smartphones. The incorporation of MRAM in smartphones is mainly done due to its advantages such as storage of data despite lack of power supply, better read-write speed, no data degradation over time, and lesser power consumption rates. Also, next-gen MRAM is likely to support real-time vision processing and 3D mapping. Such factors are expected to have a major impact on the global memory modules market growth, which is projected to grow at a CAGR of almost 6% through 2022.
Top memory modules companies covered in this market research report
The memory modules market is moderately fragmented. This industry research report offers information about the competitive environment among the players in the non-volatile memory market and offers an analysis of the key companies and their products such as DD3 and DD2 rams. This memory modules industry analysis report is designed to help clients identify new growth opportunities and make better operational decisions.
This report offers a complete analysis of various companies including:
- HP Development Company
- Netlist
- Kingston Technology
- Kingmax Semiconductor
- ADATA Technology
- Micron Technology
- SK HYNIX
Memory modules market segmentation based on geographic regions
- Americas
- APAC
- EMEA
The memory modules market research report highlights the Americas as the highest growth contributor to this market. Factors such as the increasing popularity of IoT, better internet infrastructure, and rising smart devices market is expected to drive the demand for memory modules in this region.
Memory modules market segmentation based on application
- Enterprise storage
- Consumer electronics
- Automotive
The enterprise storage application segment will account for the highest growth in the market. This report will also provide an accurate prediction of the contribution of the various applications segments to the growth of the memory modules market size.
Key highlights of the global memory modules market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the memory modules market during the next five years
- Precise estimation of the global memory modules market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the memory modules industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of memory modules companies
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