A $13.1 Billion Global Opportunity for Next-Generation Memory by 2026 - New Research from StrategyR

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SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Next-Generation Memory - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Global Opportunity for Next-Generation Memory
Global Opportunity for Next-Generation Memory

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 5209
Companies: 27 - Players covered include 4DS Memory Ltd.; Adesto Technologies Corporation; Advanced Micro Devices, Inc.; Avalanche Technology; Crossbar Inc.; Cypress Semiconductor Corporation; Everspin Technologies Inc.; Fujitsu Ltd.; IBM Corporation; Intel Corporation; Microchip Technology, Inc.; Micron Technology, Inc.; Nantero, Inc.; NXP Semiconductors NV; Open-Silicon, Inc.; Rambus, Inc.; Samsung Electronics Co., Ltd.; SK Hynix, Inc.; Spin Memory; Texas Instruments, Inc.; Toshiba Corp.; Viking Technology; Western Digital Corporation and Others.
Coverage: All major geographies and key segments
Segments: Application (BFSI, Consumer Electronics, Government, Telecommunications, Information Technology, Other Applications); Technology (Non-volatile Memory, Volatile Memory); Wafer Size (200 mm, 300 mm, 450 mm)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Next-Generation Memory Market to Reach $13.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Next-Generation Memory estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$13.1 Billion by 2026, growing at a CAGR of 23.7% over the analysis period. Non-volatile Memory, one of the segments analyzed in the report, is projected to record a 25.5% CAGR and reach US$12.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Volatile Memory segment is readjusted to a revised 18.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion in 2021, While China is Forecast to Reach $2.3 Billion by 2026
The Next-Generation Memory market in the U.S. is estimated at US$1.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2026 trailing a CAGR of 23% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.1% and 20% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 16.4% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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