Global Non-Volatile Dual in-Line Memory Module Market Expects Thriving Future
Non-Volatile Dual In-Line Memory Module (NVDIMM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Albany, NY -- (SBWire) -- 09/03/2015 --The global non-volatile dual in-line memory module (NVDIMM) market draws much of its growth from the rising demand for NVDIMM from data centers and enterprise storages. The superior quality of I/O performance, data security, and latency offered by NVDIMMs is the main factor that has accelerated the global market for NVDIMM.
Transparency Market Research (TMR) has recently published a market study on the global NVDIMM market, determining its overall market value in 2013 to be US$1.35 million. Analysts at TMR expect a giant leap from the market at a whopping CAGR of 139.8% over the period from 2014 to 2020, reaching a remarkable figure of US$570.12 million by 2020.
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Major companies operating in the global NVDIMM market, including Viking Technology, Sk Hynix, Agiga Tech, Micron Technology, Smart Modular Technologies, Netlist, Windawn Technology, Intel, Everspin Technologies, Toshiba Corp., Samsung Electronics, Fujitsu, Super Micro Computer, Crossbar, Avalanche Technology, Pericom Semiconductor Corp., and Integrated Device Technology, are coming up with various strategies for business expansion.
Creating NVDIMM special interest groups is one of the successful strategies leading players have applied in order to accelerate the penetration of this technology. Here is a snapshot of the latest activities by the key players in the global NVDIMM market.
Viking Technology, one of the biggest international participants in the global NVDIMM market, has recently announced its collaboration with Sony Corp. targeted towards developing the gen-next of NVDIMM products in order to bring in ReRAM storage class memory in the global NVDIMM market.
Agiga Tech, another big name in the global NVDIMM market, has developed the first non-volatile DDR4 memory module. The company has introduced this technology for the first time in the Flash Memory Summit held from Aug 10 to 13, 2015.
Intel Corp., an American multinational firm technology provider, has introduced 3D XPoint – a new kind of NVDIMM developed jointly by Micron Tech and Intel Corp. This new type of memory is expected to feature up to 6GB/s of bandwidth.
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Netlist Inc., a California-based multinational memory sub-system manufacturer, has recently announced that it has redesigned its NVDIMM, NVvault, into a new server platform applicable for the Microsoft cloud. On account of the latest independent tests, the company has claimed that NVvault for DDR3 has exceeded 1.6 million input/output O/s, exhibiting an improvement of 1800% over the previous best performer, establishing NVvault as the highest performing NVDIMM in the global NVDIMM industry.
The recent developments in the global NVDIMM market have created a number of opportunities for growth. Analysts predict a booming future for this market. However, the high costs associated with NVDIMMs and various issues related to storage density are likely to pose severe challenges for the worldwide market in the coming years.
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