According to the recent study the global magneto resistive RAM (MRAM) market is projected to reach an estimated $14 billion by 2030 from $3 billion in 2023 at a CAGR of 22% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for wearable devices, high adoption of IoT devices, advancement in computing technology, need for higher memory space, and reduction in boot up time.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in global magneto resistive RAM (MRAM) market by type (toggle MRAM and
STT-MRAM), end use industry (consumer electronics, robotics, automotive,
enterprise storage, aerospace and defense, and others), and region (North
America, Europe, APAC and the Rest of the World).
Lucintel forecasts that
enterprise storage will remain the largest end use industry during the forecast
period due to reduction in the system down time, enhancement in data recovery,
and lowering of overall cost of operation.
STT-MRAM will remain the
largest segment due to growing preference for fast, efficient, highly scalable,
and non-volatile memory devices in several end-use industries.
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magneto
resistive RAM (MRAM) market.
North America will
remain the largest region over the forecast period, supported by increasing
demand for advanced data storage technologies, shift towards cloud-based
services, and presence of various key players in the region.
Avalanche, CROCUS,
Honeywell, Samsung, Everspin, Toshiba, Spin Memory, NVE Corporation, Intel, Infineon are the major
suppliers in the magneto resistive RAM (MRAM) market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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