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Owing to factors such as the consumption of almost 50% less power than other flash memories, there is a growing popularity of MRAM across the globe. They are extensively used in battery-powered wireless sensors. OEMs are increasingly integrating MRAM technology into their devices since it helps in increasing the battery life. It has been observed that the power consumption in MRAM technologies is low in comparison to EEPROM or flash. Also, features such as fast-write and power-up-to-write times will boost the demand for MRAM memory. Research analysis on the global MRAM market identifies that the low-power consumption will be one of the major factors that will have a positive impact on the growth of the market. The preference for MRAM module over other memory technologies is increasing because it has unique features such as non-volatile data storage and faster access time modules. Our market research analysts have predicted that the MRAM market size will grow by over USD 589 million by 2022.
In terms of geographic regions, the Americas contributed to the maximum share of the MRAM market during 2017 due to the growing improvement in internet infrastructure and growth of the IoT. The growing popularity of big data analytics will further drive the growth of the MRAM market in this region throughout the forecast period.
The MRAM market is highly concentrated and is characterized by the presence of several major vendors. The industry analysis report provides information about key vendors and their products. The report also provides an analysis of the competitive landscape of the magneto resistive RAM (MRAM) market and provides information on the strategies adopted by companies to sustain in this competitive market.
This market research report provides an analysis of several companies including:
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There is a growing demand for MRAM from the enterprise storage segment. Our analysts have predicted that the enterprise storage sector will be the largest end-user to the magneto resistive RAM (MRAM) market throughout the forecast period.
During 2017, the spin-transfer torque (STT) MRAM market segment contributed to the major MRAM market share. According our market research analysts, the demand for STT MRAM will continue to increase during the next few years.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY TYPES
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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