Next-Generation Memory Market

Next-Generation Memory Market by Technology (Volatile (HMC and HBM), and Nonvolatile (MRAM, FRAM, RERAM, 3D XPoint, NRAM)), Wafer Size (200 mm, 300 mm, and 450 mm), Application, and Geography - Global Forecast to 2023

Report Code: SE 3111 Nov, 2019, by marketsandmarkets.com
Updated date -

The next-generation memory market is expected to grow from USD 2.35 billion by 2017 to USD 9.68 billion by 2023, at a CAGR of 26.54% between 2017 and 2023.

Next Generation Memory Market

Next-generation Memory Market Dynamics

Demand for universal memory devices across the globe is fueling the growth of the next-generation memory market

For several years, researchers have been trying to find a single universal memory that combines the benefits of Flash memory, DRAM, and SRAM. Most of the modern memory devices combine features of magnetic disks, DRAM, SRAM, and Flash memory for storing data. Traditional memory technologies such as DRAM and Flash have been dominant in the market. However, emerging nonvolatile memory technologies are making their way into the memory technology industry by replacing the existing traditional memory technologies.

The primary aim of universal memory devices is to have the speed of SRAM with the nonvolatility feature of Flash. Most of the emerging nonvolatile memory technologies would become universal memory technologies in the near future. Universal memory solutions are not restricted to volatile or nonvolatile and can be used as multipurpose memory solutions. They are expected to offer cost benefits and faster programming as compared to traditional memory solutions.

For several decades, these memory technologies have been scaled down to attain high speeds and increased density at low bit costs. However, memory solutions based on charge storage are steadily approaching the physical limits of scalability. This has led to the demand for next-generation memory solutions that offer excellent scalability, exhibit low operating voltage, have low power consumption, offer high operational speed, display increased endurance, have long retention time, and possess a simple structure.

Moreover, nonvolatility is highly desirable for preserving data when the power is switched off. Thus, despite their high potential, none of these memory solutions has yet gained acceptance as a universal memory due to limitations in terms of their high costs or less storage density. Emerging memory technologies such as MRAM, ZRAM, PCRAM, and RRAM are expected to replace most of the traditional memory technologies.

Lack of stability in next-generation memory solutions under extreme environmental conditions acts as a restraint for the growth of the next-generation memory market

Stability under high temperatures and extreme environmental conditions are among the essential requirements for emerging memory technologies. The major advantage of traditional memory solutions is their stability and consistent performance offered under high temperatures. Hence, they are used in multiple applications wherein they are exposed to extreme high and low temperatures ranging from −40°C to 150°C. However, certain scalability and stability issues are encountered during the operations of most of the next-generation memory solutions in such extreme environmental conditions. The hybrid memory cubes operate at a temperature ranging between 0°C and 95°C, while ReRAM operates at temperatures ranging between 40°C and 85°C. These shortcomings of the next-generation memory technologies restrain their adoption in the next-generation memory market.

Next-generation memory market for enterprise storage application holds the largest share

The demand for enterprise storage is more owing to the growing date centers across the globe. Enterprise storage is evolving at a fast rate for use as mass storage in data centers. Enterprise storage requires fast data processing with low power consumption. Next-generation memory technologies meet these requirements of enterprises to support their data centers.

Next-generation memory market for magneto-resistive random-access memory (MRAM) held a larger share

This growth can be attributed to its improved performance, higher endurance, lower power consumption, better scalability with extremely high write endurance, and much higher write speeds than other nonvolatile memory technologies. Among the volatile memory storage devices, the hybrid memory cube (HMC) is expected to hold a larger share of the next-generation memory market due to its higher bandwidth, increased scalability, and better power efficiency, compared to HBM.

Next-Generation Memory Market for 300 mm wafer manufacturing holds the largest share

300 mm wafer can accommodate twice as many dies per wafer as 200 mm wafers and ensure 2–4% lower IC cost/cm per year. Moreover, a well-stablished existing infrastructure for the manufacturing of 300 mm wafer drives the next-generation memory market for 300 mm wafer. For instance, Samsung, and SK Hynix are currently designing most of the memory technologies on 300 mm wafer. GLOBALFOUNDRIES (US) in May 2016, expanded its presence in China to establish and upgrade the existing manufacturing fabs to 300 mm wafer. According to Semiconductor Equipment and Materials International (SEMI, US), 19 new fabs are upcoming, of which 12 of the fabs and lines are for 300 mm (12 inch) wafer fabs.

Next Generation Memory Market

RoW is expected to grow at the highest CAGR during forecast period

RoW, which consists of South America, the Middle East, and Africa, is expected to be the fastest-growing region for next-generation memory market between 2017 and 2023. The growth of the NGM market in RoW is attributed to the increasing demand for PCs in the region, which offers growth prospects for the memory market for consumer electronics devices and provides attractive growth opportunities for the NGM market players in RoW.

Key Market Players

Key players in the next-generation memory market include Samsung (South Korea), Toshiba (Japan), Micron (US), Intel (US), Western Digital (US), SK Hynix (South Korea), Fujitsu (Japan), Everspin (US), Adesto (US), Microchip (US), Avalanche (US), Cypress (US), IBM (US), NXP Semiconductor (Netherlands), Open-silicon (US), Rambus (US), Spin Transfer Technologies (US), Texas Instruments (US), Viking (US), and 4DS Memory (Australia).  

Samsung (South Korea) held the leading position in the global next-generation memory market in 2016. The company is one of the world’s largest IT companies and is a leading provider of next-generation memory solutions, namely, computing dynamic random-access memory (DRAM), consumer DRAM, graphic DRAM, vertical negative-AND (V-NAND), solid-state drive (SSDs), foundry solutions, and mobile memory solutions. The company has a dedicated memory business unit, which is extensively dedicated to the development of various DRAM and NAND products with higher densities.

Report Scope

Report Metric

Details

Forecast period

2017–2023

Forecast units

Value in terms of USD billion, USD million and USD Thousand

Segments covered

Technology, wafer size, application, and region

Regions covered

North America, Europe, APAC, and RoW

Companies covered

Intel (US), Western Digital (US), SK Hynix (South Korea), Fujitsu (Japan), Everspin (US), Adesto (US), Microchip (US), Avalanche (US), Cypress (US), IBM (US), NXP Semiconductor (Netherlands), Open-silicon (US), Rambus (US), Spin Transfer Technologies (US), Texas Instruments (US), Viking (US), and 4DS Memory (Australia). The companies profiled also cover the following key innovators: Crossbar (US), Nantero (US), Kilopass (US), and Sidense (Canada).

Next-generation Memory Market Segmentation:

In this report, the NGM market has been segmented into the following categories:

Next-Generation Memory Market , By Technology

  • Volatile Memory (HMC and HBM)
  • Nonvolatile Memory (MRAM, FRAM, ReRAM, 3D XPoint, NRAM, and Others)

Next-Generation Memory Market, By Wafer Size

  • 200 mm
  • 300 mm
  • 450 mm

Next-Generation Memory Market, By Application

  • Consumer Electronics
  • Enterprise Storage
  • Automotive and Transportation
  • Military and Aerospace
  • Industrial
  • Telecommunications
  • Energy and Power Distribution
  • Healthcare
  • Agricultural
  • Retail

Next-Generation Memory Market, By Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Critical questions the report answers:

  • Where will all these developments take the industry in the mid- to long-term?
  • What are the growing industries that are likely to adopt next-generation memory at the higher rates?
  • What is the technological comparison between different NGM technologies in prevalent in the next-generation memory market?
  • What are the trends prevalent in adoption of market?
  • What are the key strategies adopted by leading companies in the next-generation memory market??

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Study Objectives
    1.2 Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 List of Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Breakdown of Primaries
                    2.1.2.4 Key Industry Insights
           2.1.3 Secondary and Primary Research
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
                    2.2.1.2 Approach for Capturing the Market Share of Demand Side With the Help of Various Players in the Value Chain of the NGM Market
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in Next-Generation Memory Market
    4.2 Market for Consumer Electronics, By Technology
    4.3 NGM Market for Nonvolatile Memory, By Region
    4.4 NGM Market, By Country
    4.5 NGM Market, By Wafer Size

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Need for High Bandwidth, Low Power Consumption, and Highly Scalable Memory Device for Technologies Such as Artificial Intelligence (AI), Internet of Things (IoT), and Big Data
                    5.2.1.2 Demand for Universal Memory Devices
                    5.2.1.3 Increasing Demand for Enterprise Storage Applications
           5.2.2 Restraints
                    5.2.2.1 Issues With Storage in Niche Application and High Cost of Emerging Memory Technologies
                    5.2.2.2 Lack of Stability Under Extreme Environmental Conditions
           5.2.3 Opportunities
                    5.2.3.1 Growing Demand for Emerging Nonvolatile Memory in Connected Devices
                    5.2.3.2 Potential for Replacing Flash Memory
                    5.2.3.3 Growing Use of Nonvolatile Memory in Smartphones
           5.2.4 Challenges
                    5.2.4.1 Optimizing Storage Densities and Capacities
                    5.2.4.2 Higher Design Costs Due to Lack of Standardization
    5.3 Value Chain Analysis

6 Market, By Technology (Page No. - 45)
    6.1 Introduction
    6.2 Nonvolatile Memory
           6.2.1 Magneto-Resistive Random-Access Memory (MRAM)
                    6.2.1.1 Spin-Transfer Torque Magnetic Random Access Memory (STT-MRAM)
                    6.2.1.2 Toggle Mode MRAM
           6.2.2 Ferroelectric RAM (FRAM)
           6.2.3 Resistive Random-Access Memory (RERAM)/ Conductive-Bridging RAM (CBRAM)
           6.2.4 3D Xpoint (Quantx & Optane)
           6.2.5 Nano RAM (NRAM)
           6.2.6 Others (Nano-Bridge, Quantum Dots, Millipede, Molecular, Transparent/Flexible)
    6.3 Volatile Memory
           6.3.1 Hybrid Memory Cube (HMC)
           6.3.2 High-Bandwidth Memory (HBM)

7 Market, By Application (Page No. - 63)
    7.1 Introduction
    7.2 Consumer Electronics
    7.3 Enterprise Storage
    7.4 Automotive and Transportation
    7.5 Military and Aerospace
    7.6 Industrial
    7.7 Telecommunications
    7.8 Energy and Power
    7.9 Healthcare
    7.10 Agriculture
    7.11 Retail

8 Market, By Wafer Size (Page No. - 89)
    8.1 Introduction
    8.2 Nonvolatile Memory Market, By Wafer Size
    8.3 Volatile Memory Market, By Wafer Size
           8.3.1 200 mm
           8.3.2 300 mm
           8.3.3 450 mm

9 Geographic Analysis (Page No. - 97)
    9.1 Introduction
    9.2 Asia Pacific (APAC)
           9.2.1 China
           9.2.2 Japan
           9.2.3 South Korea
           9.2.4 India
           9.2.5 Rest of APAC
    9.3 North America
           9.3.1 US
           9.3.2 Canada
           9.3.3 Mexico
    9.4 Europe
           9.4.1 Germany
           9.4.2 France
           9.4.3 UK
           9.4.4 Rest of Europe
    9.5 Rest of the World (RoW)
           9.5.1 South America
           9.5.2 Middle East
           9.5.3 Africa

10 Competitive Landscape (Page No. - 115)
     10.1 Introduction
     10.2 Market Ranking Analysis: NGM Market
     10.3 Competitive Scenario
             10.3.1 Product Launches and New Product Developments
             10.3.2 Partnerships, Agreements, and Collaborations
             10.3.3 Investments and Expansions
             10.3.4 Acquisitions

11 Company Profiles (Page No. - 121)
     11.1 Key Players
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships)*
             11.1.1 Samsung
             11.1.2 Toshiba
             11.1.3 Micron
             11.1.4 SK Hynix
             11.1.5 Western Digital
             11.1.6 Adesto
             11.1.7 Intel
             11.1.8 Microchip
             11.1.9 Fujitsu
             11.1.10 Everspin
*Details on Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.
     11.2 Others Players
             11.2.1 Advanced Micro Devices
             11.2.2 Avalanche
             11.2.3 Cypress
             11.2.4 IBM
             11.2.5 NXP Semiconductor
             11.2.6 Open-Silicon
             11.2.7 RAMbus
             11.2.8 Spin Transfer Technologies
             11.2.9 Texas Instruments
             11.2.10 Viking
             11.2.11 4DS Memory
     11.3 Key Innovators
             11.3.1 Crossbar
             11.3.2 Nantero
             11.3.3 Kilopass
             11.3.4 Sidense

12 Appendix (Page No. - 163)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (70 Tables)

Table 1 Next-Generation Memory Market, By Technology Type, 2015–2023 (USD Million)
Table 2 Market for Nonvolatile Technology, By Memory Type, 2015–2023 (USD Million)
Table 3 Market for MRAM, By Application, 2015–2023 (USD Million)
Table 4 Market for FRAM, By Application, 2015–2023 (USD Million)
Table 5 Market for RERAM/CBRAM, By Application, 2015–2023 (USD Million)
Table 6 Market for 3D Xpoint, By Application, 2015–2023 (USD Million)
Table 7 Next-Generation Memory Next-Generation Market for Nano RAM, By Application, 2015–2023 (USD Million)
Table 8 Market for Others, By Application, 2015–2023 (USD Million)
Table 9 Market for Volatile Memory Technology, By Memory Type, 2015–2023 (USD Million)
Table 10 Market for HMC, By Application, 2015–2023 (USD Thousand)
Table 11 Market for HBM, By Application, 2015–2023 (USD Thousand)
Table 12 Market, By Application, 2015–2023 (USD Million)
Table 13 Market, By Application, 2015–2023 (USD Thousand)
Table 14 Next-Generation Nonvolatile Memory Market, By Application, 2015–2023 (USD Million)
Table 15 Market for Consumer Electronics, By Technology, 2015–2023 (USD Million)
Table 16 Next-Generation Memory Market for Consumer Electronics, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 17 Market for Consumer Electronics, By Volatile Memory Technology, 2015–2023 (USD Million)
Table 18 NGM Market for Enterprise Storage, By Technology, 2015–2023 (USD Million)
Table 19 Market for Enterprise Storage, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 20 Market for Enterprise Storage, By Volatile Memory Technology, 2015–2023 (USD Million)
Table 21 Market for Automotive and Transportation, By Technology, 2015–2023 (USD Million)
Table 22 Market for Automotive and Transportation, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 23 Market for Automotive and Transportation, By Volatile Memory Technology, 2015–2023 (USD Million)
Table 24 Market for Military and Aerospace, By Technology, 2015–2023 (USD Million)
Table 25 Market for Military and Aerospace, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 26 NGM Market for Military and Aerospace, By Volatile Memory Technology, 2015–2023 (USD Thousand)
Table 27 Market for Industrial, By Technology, 2015–2023 (USD Million)
Table 28 NGM Market for Industrial, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 29 Market for Industrial, By Volatile Memory Technology, 2015–2023 (USD Million)
Table 30 Market for Telecommunications, By Technology, 2015–2023 (USD Million)
Table 31 Market for Telecommunications, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 32 Market for Telecommunications, By Volatile Memory Technology, 2015–2023 (USD Million)
Table 33 Market for Energy and Power, By Technology, 2015–2023 (USD Thousand)
Table 34 Market for Energy and Power, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 35 Market for Energy and Power, By Volatile Memory Technology, 2015–2023 (USD Thousand)
Table 36 Market for Healthcare, By Technology, 2015–2023 (USD Thousand)
Table 37 Market for Healthcare, By Nonvolatile Memory Technology, 2015–2023 (USD Thousand)
Table 38 Market for Healthcare, By Volatile Memory Technology, 2015–2023 (USD Thousand)
Table 39 Market for Agriculture, By Technology, 2015–2023 (USD Thousand)
Table 40 Market for Agriculture, By Nonvolatile Memory Technology, 2015–2023 (USD Million)
Table 41 Market for Agriculture, By Volatile Memory Technology, 2015–2023 (USD Thousand)
Table 42 Market for Retail, By Technology, 2015–2023 (USD Thousand)
Table 43 Market for Retail, By Nonvolatile Memory Technology, 2015–2023 (USD Thousand)
Table 44 Market for Retail, By Volatile Memory Technology, 2015–2023 (USD Thousand)
Table 45 Evolution of Wafer Size
Table 46 NGM Market, By Wafer Size, 2015–2023 (USD Million)
Table 47 Market for MRAM, By Wafer Size, 2015–2023 (USD Million)
Table 48 Market for FRAM, By Wafer Size, 2015–2023 (USD Million)
Table 49 Market for RERAM, By Wafer Size, 2015–2023 (USD Thousand)
Table 50 Market for 3D Xpoint, By Wafer Size, 2015–2023 (USD Million)
Table 51 Market for Nano RAM, By Wafer Size, 2015–2023 (USD Thousand)
Table 52 Market for Other Nonvolatile Memory Types, By Wafer Size, 2015–2023 (USD Thousand)
Table 53 Market for Hybrid Memory Cube, By Wafer Size, 2015–2023 (USD Million)
Table 54 Market for High-Bandwidth Memory, By Wafer Size, 2015–2023 (USD Million)
Table 55 NGM Market, By Region, 2015–2023 (USD Million)
Table 56 Market for Nonvolatile Memory Technology, By Region, 2015–2023 (USD Million)
Table 57 Market for Volatile Memory, By Region, 2015–2023 (USD Million)
Table 58 Market for Nonvolatile Memory Technology in APAC, By Country, 2015–2023 (USD Million)
Table 59 Market for Volatile Memory in APAC, By Country, 2015–2023 (USD Million)
Table 60 Market for Nonvolatile Memory Technology in North America, By Country, 2015–2023 (USD Million)
Table 61 Market for Volatile Memory in North America, By Country, 2015–2023 (USD Million)
Table 62 Market for Nonvolatile Memory Technology in Europe, By Country, 2015–2023 (USD Million)
Table 63 Market for Volatile Memory in Europe, By Country, 2015–2023 (USD Million)
Table 64 Market for Nonvolatile Memory in RoW, By Region, 2015–2023 (USD Million)
Table 65 Market for Volatile Memory in RoW, By Region, 2015–2023 (USD Million)
Table 66 Ranking of Top 5 Players in NGM Market
Table 67 Product Launches and New Product Developments (2015–2017)
Table 68 Partnerships, Agreements, and Collaborations (2015–2017)
Table 69 Investments and Expansions (2015–2017)
Table 70 Acquisitions (2015–2017)


List of Figures (49 Figures)

Figure 1 Next-Generation Memory Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Market for Volatile Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 6 Enterprise Storage Application to Hold Largest Size of Market By 2023
Figure 7 Market for 450 mm Wafer Size to Grow at Highest CAGR Between 2017 and 2023
Figure 8 APAC Held Largest Share of Market in 2016
Figure 9 Demand for NGM Technologies in Consumer Electronics, Enterprise Storage, Industrial, and Automotive and Transportation Driving NGM Market During the Forecast Period
Figure 10 Nonvolatile Memory to Hold Larger Size of  NGM Market for Consumer Electronics By 2023
Figure 11 APAC to Hold Largest Share of Market for Nonvolatile Memory Between 2017 and 2023
Figure 12 Most Countries in APAC Expected to Witness High Growth in NGM Market During Forecast Period
Figure 13 MRAM Market for 450 mm Wafer Size to Grow at Highest CAGR Between 2017 and 2023
Figure 14 Growing Demand for Universal Memory Devices and Increasing Demand for Enterprise Application Drive the Market
Figure 15 Number of Connected Devices Globally, 2012–2020 (Billions)
Figure 16 Percentage Share of Various Memory Types in Professional Video Cameras
Figure 17 Value Chain: Next-Generation Memory Market, 2017
Figure 18 NGM Market for Volatile Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 19 Market for 3D Xpoint to Grow at Highest CAGR Between 2017 and 2023
Figure 20 Toggle MRAM Cell Structure
Figure 21 Basic Ferroelectric Memory Cell
Figure 22 Basic Structure of RERAM
Figure 23 3D Xpoint Market for Enterprise Storage to Grow at Higher CAGR Between 2017 and 2023
Figure 24 HBM Market for Enterprise Storage to Hold A Higher Market Share By 2023 (USD Thousand)
Figure 25 Enterprise Storage Application to Hold Largest Share of Market By 2023
Figure 26 Enterprise Storage Application Market for Volatile Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 27 Military and Aerospace Market for Volatile Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 28 NGM Market for High-Bandwidth Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 29 Nonvolatile Memory to Hold Larger Share of Market for Energy and Power Between 2017 and 2023
Figure 30 Market for Nonvolatile Memory to Grow at Higher CAGR Between 2017 and 2023
Figure 31 Making of Silicon Wafer
Figure 32 300 mm Wafer to Hold Largest Share of Market for Hybrid Memory Cube Between 2017 and 2023
Figure 33 Geographic Snapshot of Market (2017–2023)
Figure 34 APAC to Hold Largest Size of Market for Nonvolatile Memory Technology Between 2017 and 2023
Figure 35 Snapshot: Market in APAC
Figure 36 Snapshot: Market in North America
Figure 37 Snapshot: Market in Europe
Figure 38 Market for Nonvolatile Memory in Africa to Grow at Highest CAGR Between 2017 and 2023
Figure 39 Key Developments in Market (2014–2017)
Figure 40 Samsung: Company Snapshot
Figure 41 Toshiba: Company Snapshot
Figure 42 Micron: Company Snapshot
Figure 43 SK Hynix: Company Snapshot
Figure 44 Western Digital: Company Snapshot
Figure 45 Adesto: Company Snapshot
Figure 46 Intel: Company Snapshot
Figure 47 Microchip: Company Snapshot
Figure 48 Fujitsu: Company Snapshot
Figure 49 Everspin: Company Snapshot

The study involved 4 major activities to estimate the current size of the next-generation memory market. Exhaustive secondary research was done to collect information on the market, including the peer market and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to for the identification and collection of relevant information for next-generation memory study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research was conducted to obtain key information regarding the industry’s supply chain, market’s value chain, the total pool of key players, market segmentation according to industry trends (to the bottom-most level), geographic markets, and key developments from both, market- and technology-oriented perspectives. Secondary data was collected and analyzed to arrive at the overall market size, which was further validated by primary research.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information relevant to this report. Several primary interviews were conducted with market experts from both the demand (product and component manufacturer across industries) and supply sides. This primary data was collected through questionnaires, emails, and telephonic interviews. Primary sources include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related executives from various key companies and organizations operating in the market. Approximately 30% and 70% of the primary interviews were conducted from the demand and supply sides, respectively.

Next Generation Memory Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Top-down and bottom-up approaches were implemented to estimate and validate the total size of the next-generation memory (NGM) market. These methods were also used extensively to estimate the size of the markets based on various subsegments. The research methodology used to estimate the market size includes the following steps:

  • Key players in the industry were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides across different end-use applications.

Study Objectives

  • To define, describe, and forecast the overall next-generation memory (NGM) market, in terms of value, segmented on the basis of technology, wafer size, and end-use application
  • To forecast the market size for various segments with regard to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the NGM market
  • To provide the value chain analysis pertaining to the Next-Generation Memory Industry 
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the overall NGM market for stakeholders by identifying the high-growth segments
  • To profile key players and comprehensively analyze their market position in terms of ranking and core competencies and provide details of the competitive landscape for the market leaders
  • To analyze competitive developments such as contracts, mergers and acquisitions, product developments, and research and development (R&D) in the overall Market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company's specific needs. The following customization options are available for this report:

  • Product Matrix that gives a detailed comparison of the product portfolio of each company
  • Further breakdown of the market in Rest of APAC into South Korea and Malaysia
  • Further breakdown of the market in RoW into Brazil and Argentina  
  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 3111
Published ON
Nov, 2019
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