Overview:
With the proliferation of IoT and IoT-based products, memory devices are fast gaining prominence. Growing need to reduce data transfer frequency and the overall time required for data transmission so as to limit power consumption has necessitated demand for NVDIMM technology-based devices. In addition, continual efforts made by leading market players to promote the technology and awareness regarding its benefits to equipment manufacturers is expected to have positive impact on the market growth during the forecast period. These factors are expected to contribute towards the anticipated exponential growth during the forecast period
Report Scope
This report analyzes the global non-volatile dual-in line memory module market in terms of type, application, and geography. On the basis of type, the global non-volatile dual-in line memory module market is segmented in to NVDIMM-F and NVDIMM-N. Similarly, on the basis of end-use application, the market for non-volatile dual-in line memory module is classified into enterprise storage and server, high-end workstations, and others. The geographical distribution of the global non-volatile dual-in line memory module market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global Non-volatile Dual In-line Memory Module (NVDIMM) Market - Growth, Share, Opportunities, and Competitive Analysis, 2020 – 2028” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global NVDIMM market.
1.1.1 Target Audience
1.1.2 USP and Key Offerings
The report titled “Global Non-volatile Dual In-line Memory Module (NVDIMM) Market - Growth, Share, Opportunities, and Competitive Analysis, 2020 – 2028” offers strategic insights into the global non-volatile dual in-line memory module market along with the market size and estimates for the duration 2020 – 2028. The said research study covers in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the key industry participants, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global NVDIMM market, offering market size and estimates for the period from 2018 to 2028, keeping in mind the above mentioned factors.
There has been a lot of hype surrounding the potential of Non-volatile Dual In-line Memory Module (NVDIMM) technology and its use across different application segments. With growing need to improve input/output performance and achieve data retention in information sensitive industries, NVDIMMs are expected to thrive in the coming years. The Non-volatile Dual In-line Memory Module (NVDIMM) market, still in infancy, is majorly limited to data centers and storage servers of large enterprises. On the basis of application, the global Non-volatile Dual In-line Memory Module (NVDIMM) market is categorized into following segments:
In 2019, the enterprise storage and server segment was the largest revenue contributor to the global non-volatile dual in-line memory module market. The segment accounted for over 70% of the global market revenue in the same year. The trend is presumed to continue as the segment is presumed to retain its dominant position throughout the forecast period. The dominance of the segment is majorly on account of benefits offered by NVDIMMs in terms of performance, information security, speed, and efficiency with respect to power consumption.
In 2019, North America comprising the United States and Canada represented the largest non-volatile dual in-line memory module market in terms of revenue. The U.S. represents the largest and most attractive individual non-volatile dual in-line memory module market worldwide. The dominance of the region can be majorly attributed to the growing number of companies with high volume data storage and multitude of research in the field of non-volatile memory technologies. Over the forecast period 2020 – 2028, North America is expected to hold on to its leading position. On the other hand, Asia Pacific is poised to exhibit maximum growth, outpacing developed markets like Europe and North America to emerge as one of the major non-volatile dual in-line memory module market.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of NVDIMM market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Type
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report