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Global Phase Change Memory Market to Reach $4 Billion by 2026
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SAN FRANCISCO, June 9, 2021 /PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled Phase Change Memory - Global Market Trajectory & Analytics . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
Global Phase Change Memory Market
FACTS AT A GLANCE
Executive Engagements: 6233
Companies: 10 - Players covered include BAE Systems PLC; Hewlett Packard Enterprise Development LP (HPE); IBM Corporation; Micron Technology, Inc.; Samsung Electronics Co., Ltd. and Others.
Semiconductor And Related Devices Global Market Report 2021: COVID 19 Impact And Recovery To 2030
The Business Research Company’s Semiconductor And Other Electronic Component Global Market Report 2021: COVID-19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, May 3, 2021 /EINPresswire.com/ Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Among electronic industry trends, semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce the energy consumption as well as limit data usage. For instance, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40 percent increased performance and up to 15% reduced energy consumption compared with DDR3. The Korean tech gi
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The global phase change memory market is expected to grow at a compound annual growth rate of 66.71% over the forecast period to reach a market size of US$12,450.978 million in 2026 from US$347.914 million in 2019.
The market is expected to surge in the coming years because of the adoption of novel and advanced storage technologies. The next-generation market will register supplementary growth, during the forecast period, as major companies have been trying to capture significant market share, in the crowded embedded storage space market. Phase Change Memory, known as a non-volatile memory, that stores and saves data by changing and altering the state of a material. This type of storage is faster, as compared to other flash memory, and provides better endurance.
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