Next Generation Memory Technology Market 2021: COVID-19 Impact Analysis and Industry Forecast Report, 2027
Industry Insight As the world grapples with the novel coronavirus outbreak that has shaken the world, the global next-generation memory market 2020 is doing its part to fight the outrage. The year is an extremely eventful year for global next-generation memory due to COVID 19; the market is screening some positive instincts when studied by Market Research Future. As per the study presented by MRFR, the global market has the probable to show enormous growth, which is recorded at ~45% CAGR. At this pace, the market would reach USD ~8 billion valuations from the years of 2016 and 2022 (forecast period). Top Impacting Factors Some of the significant factors that are fuelling to the growth of the Next-Generation Memory market include rising penetration of IoT technology, swiftly expanding technology development coupled with humongous production of data, and demand for universal memory devices across the globe. The promising non-volatile memory technologies, such as STT-RAM, MRAM, phas...