According to Market Research Future (MRFR), the global 3D XPoint technology market is anticipated to strike a CAGR of 13.5% during the forecast period 2016 to 2022. The market has been estimated to scale a valuation of 5 Bn by the close of the year 2022. The technology has revolutionized the growth trend is the memory market and is likely to gain popularity in the upcoming years. It is a form of non-volatile memory based on the floating gate memory technology used for trapping electrons in order to save bits of information. It is currently at a nascent stage and is projected to gain traction over the assessment period, thus, augmenting the 3D Xpoint Technology Market.
3D XPoint is a recent innovation which is 1000 times faster and durable than existing non-volatile memories available in the market. In addition, the architecture of the memory technology is designed innovatively to lower down the cost. This, in turn, is expected to catapult the 3D XPoint technology market on an upward trajectory.
3D XPoint signifies better capacity as each memory cell can be addressed individually through fluctuations in voltage supply. Also, it eliminates the need for transistors which further helps in cost-cutting. These factors are poised to dictate the growth trajectory of the 3D XPoint technology market over the next couple of years. On the flip side, interface limitation still stands as a hindrance to the proliferation of the 3D XPoint technology market over the next couple of years.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2459
In April 2019, Intel Corporation, an American multinational corporatio, and technology company, has formally announced its Optane persistent memory product line, which includes 3D Xpoint memory technology, as part of its massive data center event. The solution is aimed at sitting between DRAM and NAND and speeding up performance.
In April 2019, a California-based enterprise infrastructure provider, MemVerge, has raised USD 24.5 Mn big data workloads designed on the basis of Intel Optane-based infrastructure.
In April 2019, Fujitsu Ltd., a Japanese multinational information technology equipment and services company, has refreshed its x86 server portfolio with the addition of support for Intel’s Optane DC persistent (aka non-volatile) memory, based on 3D XPoint technology.
3D XPoint technology Global Market – Segmentation
The 3D XPoint technology market can be classified into 3 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Storage Type: 750 GB and 5 TB
- Segmentation by End User: Consumer electronics, Enterprise Storage, Automotive & Transportation, Military & Aerospace, Telecommunication, Energy & Power, Healthcare, Agricultural, Retail and Others
- Segmentation by Region: North America, Europe, Asia Pacific and Rest of the World.
IM Flash (U.S.), Intel Corporation (U.S.), Micron Technology, Inc. (U.S.), Numonyx B.V. Ltd, (Switzerland), Samsung Group (South Korea)., SK Hynix, Inc. (South Korea), Western Digital Corporation (U.S), SanDisk Corporation (U.S.), Mushkin Inc. (U.S), Kingston Technology Corporation (U.S.), Qimonda AG (Germany), and Toshiba Corporation (Japan) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global 3D XPoint technology Market.
3D XPoint technology Global Market – Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the 3D XPoint technology market in North America owing to the presence of a large number of established key players such as IM Flash, Intel Corporation, Micron Technology, Inc., Western Digital Corporation, SanDisk Corporation, Mushkin Inc., and Kingston Technology Corporation among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for consumer electronics in the region. 3D XPoint technology market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing demand for electronics with high processing capacity and increased urbanization in China, Japan, and India in the region. Whereas, the Europe market for 3D XPoint technology is expected to grow at a considerable CAGR (2017-2023).
Get Complete Report @ https://www.marketresearchfuture.com/reports/3d-xpoint-technology-market-2459
- Technology investors
- PC and Laptop Manufacturers
- Semiconductor chip manufacturers
- Semiconductor product designers and fabricators
- Application providers
- Business providers
- Research institutes
- Research/Consultancy firms
- Analysts and strategic business planners
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar