Enjoy complimentary customisation on priority with our Enterprise License!
The magneto resistive RAM (MRAM) market size is forecast to increase by USD 1.63 billion at a CAGR of 32.16% between 2023 and 2028. The market is experiencing significant growth due to its integration into various applications, including virtualized desktop infrastructure and virtualized storage solutions in data centers. Innovations in MRAM technology, such as increased memory capacity and power efficiency, are driving its adoption in laptops, digital cameras, and other devices. MRAM's stand-alone design and fast write speed make it an attractive alternative to traditional volatile memory technologies. This memory technology is gaining traction in various industries, including consumer electronics, robotics, enterprise storage, aerospace and defense, computing technologies, the internet of Things (IoT), smart robots, automobiles, and enterprise storage systems. However, challenges such as high manufacturing costs and limited mass production capabilities hinder its widespread adoption. Moreover, the erase cycle and voltage requirements of MRAM are still under development, which may limit its use in certain applications.
_Market_size_abstract_2023_v1.jpg.webp?v4.1.20)
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.