Albany, NY -- (SBWIRE) -- 11/20/2017 -- The global memory market is dominated by two technologies which are DRAM and NAND. However, as the technological landscape is changing the level of competition is increasing rapidly. 3D XPoint technology is one such advanced technology for memory storage, representing the transformation of memory storage technology. The 3D XPoint technology helps in moving the data and trapping electrons in an efficient way. Bit storing is created when there is a bulk change, in combination with a stackable cross-gridded data access array. 3D XPoint technology is an effective alternative to both the present memory storage technologies which are DRAM and NAND. 3D XPoint technology is a hybrid memory technology which includes best offerings of flash memory. 3D XPoint technology has a different design structure which is faster and more rigid as compared to the NAND flash. In addition to this, 3D XPoint technology has the high storage capacity as compared to the conventional memory storage. The 3D XPoint configuration process is simple. It is a combination of memory cell and selector which stores each and every bit of the memory securely. The 3D XPoint technology reduced the need of transistor during the read and write processes by maintaining the amount of voltage sent to its selector.

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The 3D XPoint market is restructuring the whole memory storage market in terms of technology. The most important aspect which is driving the 3D XPoint market is the high degree of performance and reduced latency as compared to DRAM and NAND. 3D XPoint, as compare to NAND technology are low cost and large capacity storage. There are several other aspects driving the global 3D XPoint market, such as high performance, capacity storage, memory and endurance at a reasonable cost which are the key drivers for the 3D Xpoint technology. The technology helps in storing large volume of data utilizing small space which results in reduced costs. The demand of memory storage technology in electronic applications is continuously growing which is further driving the market of 3D Xpoint. 3D Xpoint technology has huge opportunities in the education, healthcare, automotive and retail applications as large number of memory storage technology applications are being adopted. However, 3D Xpoint market is witnessing high interface limitation which is anticipated hampering the growth of the market.

The 3D XPoint market can be segmented by storage type, end users, organization size and geography. Based on storage type, the market for 3D XPoint market can be segmented into1.5 TB, 750 GB, and others. On the basis of organization size the 3D XPoint market is segmented into small, medium and large organizations. By end users, the 3D XPoint market has been segmented into sub-segments such as consumer, telecommunication, electronics, military and aerospace, retail, energy and power, automotive and transportation, agricultural, healthcare, and others. The consumer electronics industry is anticipated to observe an extensive growth due to 3D XPoint technology.

Geographically, 3D XPoint market is segmented into Europe, North America, Middle East and Africa, Asia Pacific, and South America. North America and Asia Pacific regions are expected to account for large market share in the 3D XPoint market. Particularly in the Asia Pacific region, countries such as China, Korea, India and Japan are driving the market. As these countries have the highest concentration of electronic equipment manufacturing organizations.

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The major players in the 3D XPoint market include IM Flash (U.S), Intel Corporation (U.S), Micron Technology, Inc.(U.S), Numonyx B.V., Ltd, Samsung Group (South Korea)., SK Hynix, Inc. (South Korea), Western Digital Corp (U.S), SanDisk Corporation(U.S), Mushkin Inc.(U.S), Kingston, Qimonda, Faxtronics, Toshiba Corp. (Japan), and others. . In order to increase their competitive advantage, these market vendors are aggressively involved in inorganic and organic development strategies. Partnerships, contracts and new product development are some of the significant strategies followed by these market players.

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