Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021
Albany, NY -- (SBWIRE) -- 05/03/2017 -- The global non-volatile dual in-line memory module (NVDIMM) market for is examined in detail in a recent market research report recently published by Transparency Market Research. The report states that the rapidly rising use of NVDIMMs in enterprise servers and data storage products will significantly propel the market in the coming years. The market is expected to exhibit expansion at an unprecedented 136.6% CAGR between 2015 and 2021, rising from a mere US$ 3.3 mn worth in 2014 to US$1,316.3 mn by 2021.The report is titled "Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021", and is available on the company website for sale.
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
Numerous benefits offered by NVDIMMs in the fields of speed, endurance, I/O performance, latency, speed, data retention, and endurance, are the key factors fuelling the adoption of NVDIMMs across enterprise applications. As NVDIMMs enable retention of data even when electric power is disconnected from a data server or data storage product, they are used to improve the endurance and time required for recovery from system crash of solid state drives (SSDs) as well as enhance reliability and data security of data storage devices.
The report segments the global NVDIMM market on the basis of three criteria: application, end-use industry, and geography.Of the key applications of NVDIMMs studied in the report, the segment of enterprise servers and storage devices led the market by accounting for over 70% in the global market in 2014. The segment's dominant position in the market is expected to continue over the report's forecast period as well.
On the basis of end-use industries, the market is segmented into consumer electronics, data centers and enterprise storage, medical electronics, industrial and automotive, defense and aerospace, medical electronics, and others. Of these, the segment of data centers and enterprise storage held the leading market position in 2014 and is projected to remain the leading market segment over the report's forecast period.
Of the key regional markets studied in the report, North America held the leading market position in the market in 2014 as it accounted for over 70% in the global market. In North America, the rising demand for high performance applications, speed, data security, and data retention has led to the adoption of NVDIMMs at a high rate across different end-use verticals, especially in data center applications that include digital media transmission, business analytics, and data mining.
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The report also presents an expansive overview of the competitive landscape of the global NVDIMM market with the help of detailed business profiles, SWOT analysis, and Porter's five forces analysis of some of the major vendors in the market. Details regarding recent developments and a comparative analysis of key market segments across different geographic regions are also included in the report.
Some of the major companies operating in the global NVDIMM market are Viking Technology, Inc., SMART Modular Technologies, Inc., AgigA Tech, Inc., Toshiba Corporation, Micron Technology, Inc., Samsung Electronics Co., Ltd., Integrated Device Technology, Inc., Netlist, Inc., Fujitsu Limited, and Intel Corporation.