According to a market report by Lucintel, the future of the next-generation memory market looks promising with opportunities in the consumer electronics, enterprise storage, automotive and transportation, military and aerospace, industrial, telecommunication, energy and power, healthcare, agriculture, and retail industries. The global next-generation memory market is expected to grow with a CAGR of 26% from 2021 to 2026. The major drivers for this market are growth in the energy storage market and increasing demand for high bandwidth, low power consumption, and highly scalable memory devices for technologies, such as artificial intelligence and internet of things (IoT).
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In this market, non-volatile memory and volatile memory technologies are used in a wide range of industries. Non-volatile memory will remain the largest technology segment, as it is highly reliable and can be programmed using a simple microcomputer and in most modern electronic equipment.
Next generation memories are available in 200 mm, 300 mm, and 450 mm wafer sizes. 300mm wafer size will remain the largest wafer size segment during the forecast period, and 450 mm wafer size is expected to witness the highest growth over the forecast period.
Within the next generation memory market, the consumer electronics end use industry is expected to witness the highest growth due to the increasing demand for connected and wearable electronics devices.
Asia Pacific will remain the largest region during the forecast period due to growing demand for next generation memory in consumer electronics products.
Samsung Electronics, Toshiba, Micron Technology, Intel, Western Digital, SK Hynix, Fujitsu, Everspin Technologies, Microchip Technology, Adesto Technologies, Advanced Micro Devices, Avalanche Technology, Cypress Semiconductor, IBM Corporation, NXP Semiconductor, Texas Instruments, and Kilopass Technology are among the major next-generation memory manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global next-generation memory market by technology, storage type, wafer size, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Next-Generation Memory Market 2021-2026: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global next-generation memory market by technology, storage type, wafer size, application, and region as follows:
By Storage Type [$M shipment analysis for 2015–2026]:
Mass Storage
Embedded Storage
Others

By Technology [$M shipment analysis for 2015–2026]:
Non-Volatile Memory
Volatile Memory

By Wafer Size [$M shipment analysis for 2015–2026]:
200 mm
300 mm
450 mm

By Application [$M shipment analysis for 2015–2026]:
Consumer Electronics
Enterprise Storage
Automotive and Transportation
Military and Aerospace
Industrial
Telecommunications
Energy and Power
Healthcare
Agriculture
Retail

By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany

United Kingdom
France
Italy

Asia Pacific
China
Japan
India
South Korea

The Rest of the World
This more than 150 page 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 visit us at [email protected].

About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.