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Non-Volatile Dual in-Line Memory Module (NVDIMM) Market to Log Staggering CAGR of 136.6% from 2015 to 2021

Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021

 

Albany, NY -- (SBWIRE) -- 11/20/2015 -- According to a new market report published by Transparency Market Research "Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021", the global NVDIMM market was valued at US$ 3.3 mn in 2014 and is expected to reach US$1,316.3 mn by 2021, at a CAGR of 136.6% from 2015 to 2021.

Browse the full Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021 report at http://www.transparencymarketresearch.com/nvdimm-market.html

The global NVDIMM market is mainly driven by the benefits offered by NVDIMMs in terms of I/O performance, endurance, speed, latency, and data retention which has fueled their adoption in enterprise servers and storage products. NVDIMM is integrated into the main memory of the computing platform (server). It enables data retention even when the electric power is discontinued. These are used to improve system crash recovery time, enhance data security and the reliability and endurance of Solid State Drives (SSDs) among others. This combines of subsystem that integrates the data retention characteristics of the NAND flash memory along with the endurance and speed of DRAM. This integration makes NVDIMM a persistent memory module with low latency and very high speed. With further advancements in research and development, the global NVDIMM market can be expected to grow at a faster pace during the forecast period from 2015 to 2021.

By applications, this market is segmented into four segments: enterprise servers & storage, high-end workstation, networking equipments and others (smart card readers, memory devices, etc.). In 2014, enterprise servers and storage devices segment dominated the market and covered more than 70% of the overall market. Their dominance is expected to continue throughout the forecast period. Optimization of regular access to big data's complicated information sets has increased the adoption of NVDIMM technology in enterprise servers and storage devices.

By end-usage industry, the market is segmented into data centers & enterprise storage, consumer electronics, industrial & automotives, medical electronics, defense & aerospace, and others. Data centers & enterprise storage commanded the leader position among end-usage industry segments in 2014 and is expected to remain the leading end-use segment due to increasing need for ensuring data reliability, endurance, and performance in data center and storage applications since in this segment I/O performance is critical consideration and where downtime costs money. Considering the positive impacts of the points mentioned above, the global NVDIMM market can be expected to be positively impacted.

By geography, market has been segmented into four regions: North America, Europe, Asia Pacific (APAC) and Rest of the world (RoW). North America held the largest market share in 2014, accounted for a market share of more than 70%. The demand for high application performance, data security, speed, and data retention has accelerated the adoption of NVDIMMs in different end-use verticals, especially in data center applications including data mining, business analytics, and digital media transmission in the region.

Some of the leading players in the market are Viking Technology, Inc. (U.S.), AgigA Tech, Inc. (U.S.), Micron Technology, Inc. (U.S.), Netlist, Inc. (U.S.), SMART Modular Technologies, Inc. (U.S.), Intel Corporation (U.S.), Toshiba Corporation (Japan), Fujitsu Limited (Japan), Samsung Electronics Co., Ltd. (Korea), and Integrated Device Technology, Inc. (U.S.) among others. The report provides estimates of NVDIMM market in terms of revenue (USD Million) from 2015 to 2021. Competitive analysis of various market segments based on products, end-use applications and in-depth scrutiny of the NVDIMM market across different geographic regions falls under the scope of the report.

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The market has been segmented as follows:

NVDIMM Market, by Applications:
Enterprise servers and storage
High-end workstation
Networking equipments (routers and switches)
Others

NVDIMM Market, by End-usage Industry:-
Data centers and enterprise storage
Consumer electronics
Industrial and automotives
Medical electronics
Defense and aerospace
Others

NVDIMM Market, by Geography:
North America
Europe
Asia Pacific
Rest of the World

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