Semiconductor

  The global next-generation memory market will touch USD 8 billion at a 45% CAGR in the forecast period 2016- 2022, according to the new Market Research Future (MRFR) analysis. Next-generation memory, simply put, is a common label that is applied to a key upgrade of software or a hardware product. Various factors are fuelling the global  Next-Generation Memory Market  growth. According to the recent MRFR market estimates, such factors include growing need for cost-effective, efficient, and faster memory solutions, increasing use in different verticals, growing need for enterprise storage application, the need for highly scalable, high bandwidth, and low power consumption memory device for technologies like Big data, internet of things, and artificial intelligence, power efficiency, high growth in the wearable electronics industry, intrinsic advantages with non-volatile memories, and technological advances for storage. The additional factors adding market growth include i...