Non-Volatile Dual In-line Memory Module Market to Grow at 64% CAGR From 2016 to 2020

Research and Markets announced the Global Non-volatile Dual In-line Memory Module Market 2016-2020 ($2,475).

This market to grow at a CAGR of 64.49% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global non-volatile dual in-line memory module market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons. The report also includes a discussion of the key vendors operating in this market.

Many new technologies have emerged in the semiconductor memory market. These technologies include DRAM, NAND flash, pseudo static RAM, SRAM, NOR Flash, EPROM, and EEPROM.

One of the primary drivers in the market is increasing number of data centers. The increasing use of connected computers, Internet, and networking technologies is generating large amount of digital information, which is estimated to be 35ZB by 2020. Such large amount of data requires storage that is reliable, safe and quickly accessible for seamless performance of a computing system. Currently, RAM, which is quick but unable to store data when power is turned off, performs processing work in a computing device. Hence, data centers are moving toward non-volatile memory devices such as NVDIMMs that have longer life spans than SSDs and are as quick as RAMs at reading metadata.

One of latest trends in the market is rapid growth in non-volatile market.

The global non-volatile market size in 2015 was around $1.6 billion and is expected to grow rapidly by 2020.

Enterprise servers and storage will be the largest adapters of NVDIMM, expected to account for nearly 60% of the market by the end of 2018, followed by workstations and networking equipment.

By regions, North America is the largest market in 2015 accounting for 3/4 of the total NVDIMM sales globally followed by Europe and Asia accounting for 12% and 10%, respectively. North America is expected to be the leader until 2020, due to increasing demand from the server industry.

Key vendors:

• AgigA Tech
• Diablo Technologies
• HPE
• Micron Technology
• Netlist
• SK Hynix
• SMART Modular Technologies
• Viking Technology