3D XPoint Technology Market Rising Trends, Future Growth Strategies And Forecast By 2030
3D XPoint Technology Market Overview
3D XPoint technology is new long-term persistent storage memory which perform thousand time faster than flash memory. The 3D X technology will highly impact big data center because the technology has ability can turn huge amount data in value bale information’s and decision making in real time.
The big players like Intel and Micron mutually innovated this technology with the idea that technology will bridge the market gap between dynamic RAM and flash memory in terms of storage. Earlier, few technologies where introduce but they fail to impress, but 3D xpoint technology is whole new framework with cross over structure and transistor-less design which create three dimension board. Due to which, data can be read, write and process at high speed.
3D Xpoint technology is new transformation in memory market, and it will keep growing. Looking at this phenomenal growth, Market Research Future’ recently gave out the market insight till 2022. According to this MRFR analysis the global 3D xpoint technology market is expected to reach USD $5 billion and set to grow at CAGR of 13.7% during the forecast period.
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Competitive Landscape
Intel Corporation (US), Viking Technology (Taiwan), Toshiba Corporation (Japan), Adesto Technologies Corporation (US), Sidense Corporation (Canada), Crossbar Inc. (US), Micron Technology (US), Sandisk Corporation (US), Mushkin Inc.
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3D XPoint Technology Market Segmentations:
The industry for 3D XPoint Technology is segmented into by storage, by end-user, and by regions. The storage are segmented by 750GB and 1.5 TB. The end users are segmented by Telecommunication, Consumer electronics, Automotive, Healthcare, Retail. The consumer electronics industry is predicted to observe an extensive growth in forecast period.
The regional analysis of 3D XPoint Technology is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been estimated that North America region would dominate the market in the early phase.
The growing demands from the consumer electronics products in the Asia-Pacific region the study predicts that this region especially countries like China, Japan, Korea and India might show a huge growth in the 3D XPoint Technology market in coming years.
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3D XPoint Technology Market Regional Analysis
The 3D XPoint Technology Market is diversified into three regions. North America, Asia Pacific and Europe are the top three regional players. It is estimated that North America will intensify the 3D XPoint productions in the forecast period 2022. However, due to the high demand for consumer electronics, Asia pacific will also dominate the market. China, Japan, India and Korea are the active markets in Asia pacific. Substantial growth is expected from Europe in this forecast period of 2022.
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