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...

  Market Research Future published a research report on “Next-Generation Memory Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 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 expandi...