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Share this article Share this article ResearchAndMarkets.com s offering. The Global Semiconductor Memory Market stood at USD110.30 billion in 2020 and is forecast to grow at a CAGR of over 7.02% by 2026 due to rising memory requirements in the gaming, automobile, healthcare and telecommunication sectors. The growth in the market can be attributed to new technological advancements in portable memory-based electronics in the forecast years. The Global Semiconductor Memory Market can be bifurcated into type, volatile type, non-volatile type, application and region. On the basis of type, the market can be segmented as volatile and non-volatile, where the non-volatile segment held market share of 50.61% in 2020, due to its function in the permanent storage of the computer hardware.

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