The Non-Volatile Dual In-Line Memory Module Market is anticipated to garner a revenue of USD 213.03 million by 2027, registering a CAGR of 11.36% through the forecast period, to grow from its valuation of USD 84.18 million in 2019. An increasing need for low latency, enhanced input/output performance, and high data retention capacity are the key factors driving the market's growth.
A non-volatile dual in-line memory module (NVDIMM) is a variety of
random-access memory for computers. The module is typically an amalgamation of
an NVDIMM controller, NAND flash, DRAMs, and a supercapacitor. These
non-volatile dual in-line memory modules improve the application performance,
enhance the recovery time of a system crash, and enhance the tolerance and
authenticity of solid-state drive (SSD).
The growth of the non-volatile dual in-line memory module market is majorly driven by the increasing demand for NVDIMM in enterprise storage and large data centers. With the emergence of 5G network technology and the growing need for high-performance computers, there would be an increase in data centers' development. However, high deployment costs of the modules and low acceptance of these modules across the globe are anticipated to hamper the market's growth.
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Some of the prominent players of the market are AgigA Tech, Inc., Micron Technology, Inc., Viking Technology, Inc., Netlist, Inc., Diablo Technologies, Inc., SMART Modular Technologies, Inc., SK Hynix, Inc., The Hewlett Packard Company, Integrated Device Technology Inc., Intel Corporation, Fujitsu Limited, and Samsung Electronics Co. Ltd, among others.
For the purpose of this study, Reports and Data has segmented the Non-Volatile Dual In-Line Memory Module Market on the basis of type, application, and region.
By Type
(Revenue, USD Million; 2017-2027)
- NVDIMM-N
- NVDIMM-F
By
Application (Revenue, USD Million; 2017-2027)
- High-End
Workstations
- Enterprise
Storage & Server
- Others
By Region
(Revenue, USD Million; 2017-2027)
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle East & Africa
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Further key
findings from the report suggest:
- The
Non-Volatile Dual In-Line Memory Module Market is anticipated to garner a
revenue of USD 213.03 million by 2027, registering a CAGR of 11.36%
through the forecast period, to grow from its valuation of USD 84.18
million in 2019.
- An
increasing need for low latency, enhanced input/output performance, and
high data retention capacity are the key factors driving the market's
growth.
- A
non-volatile dual in-line memory module (NVDIMM) is a variety of random
access memory for computers. The module is typically an amalgamation of an
NVDIMM controller, NAND flash, DRAMs, and a supercapacitor.
- The
growth of the non-volatile dual in-line memory module market is majorly
driven by the increasing demand for NVDIMM in enterprise storage and large
data centers.
- The
significant advantage of non-volatile memory is that it retains the data
contents even during the loss of power, for instance, during an
unpredicted loss of power, crashing of the system, or normal shutdown of
the device.
- Increasing
demand for non-volatile dual in-line memory modules in data centers to
protect the data losses from sudden power outages is presumed to drive the
market's growth throughout the forecast timeline.
- However,
high deployment costs of the modules and low acceptance of these modules
across the globe are anticipated to hamper the market's growth.
- Based on
the type, the NVDIMM-N segment is expected to register the highest growth
rate of 12.9% CAGR during the forecast period. This can be credited to the
attribute of NVDIMM-N of being a memory-mapped DRAM providing a higher
operating speed compared to other types.
- Based on
applications, the enterprise storage, and servers segment is presumed to
garner the largest market share during the forecast period of 2020-2027.
It is anticipated to grow at a CAGR of 12.7% during the forecast period.
This can be attributed to the massive data generation in enterprises,
necessitating high operating speeds, and non-volatile memory modules for
large enterprises' data storage.
- Based on
the regional analysis, North America is expected to dominate the market
over the coming years owing to the presence of numerous leading players in
the market in the region. It is presumed to account for a market share of
USD 25.7 million throughout the forecast period. Additionally, the presence
and development of massive data centers in the United States have boosted
the adoption of non-volatile dual in-line memory modules.
- Asia Pacific is expected to show lucrative growth during the forecast timeline growing at a CAGR of 14.75% due to the presence of major electronic manufacturing countries such as South Korea, China, and Japan. Moreover, the businesses and enterprises in emerging economies like China and India are adopting cloud-based services to reduce expenditures and generate robust revenue.
Table Of content:
Chapter 1.
Market Synopsis
1.1. Market Definition
1.2. Research Scope
& Premise
1.3. Methodology
1.4. Market Estimation
Technique
Chapter 2.
Executive Summary
2.1. Summary Snapshot,
2016-2026
Chapter 3.
Indicative Metrics
3.1. Macro
Indicators
3.1.1. Global consumption of IoT and IoT
based products
3.1.2. Contribution of data centers to
global growth of NVDIMM market
3.1.3. Region-wise consumption of DRAM
and NAND flash memory
Chapter 4.
Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Segmentation &
Impact Analysis
4.1. Non-Volatile Dual
In-Line Memory Module (NVDIMM) Segmentation Analysis
4.2. Industrial Outlook
Continued…
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