Connect with us

Technology

Global Next Generation Memory Market Forecast to Reach USD 4875.5 Million by 2030–Consumer Electronics and AI to Drive Growth | Valuates Reports

Published

on

BANGALORE, India, Nov. 7, 2024 /PRNewswire/ — Next Generation Memory Market is Segmented by Type (PCM, ReRAM, MRAM, FeRAM), by Application (Consumer Electronics, Enterprise Storage, Telecommunications, Automotive and Transportation, Military and Aerospace): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Next Generation Memory market was valued at USD 1153 Million in 2023 and is anticipated to reach USD 4875.5 Million by 2030, witnessing a CAGR of 22.6% during the forecast period 2024-2030.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-37Q8792/Global_Next_Generation_Memory_Market 

Major Factors Driving the Growth of Next Generation Memory Market:

The Next Generation Memory Market is experiencing considerable growth as industries demand high-speed, reliable, and energy-efficient memory solutions. These advanced memory technologies are crucial in data-intensive applications across sectors like consumer electronics, AI, and IoT. The flexibility and performance benefits offered by next-generation memory make it a vital component for future technological advancements, ensuring its position as a pivotal area of innovation in the electronics industry.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-37Q8792/global-next-generation-memory

TRENDS INFLUENCING THE GROWTH OF THE NEXT GENERATION MEMORY MARKET:

Phase-Change Memory (IPCM) is a significant growth driver in the Next Generation Memory Market due to its high speed, non-volatility, and scalability, which make it ideal for modern computing applications. IPCM enables faster data storage and retrieval by altering the phase of materials between amorphous and crystalline states. This unique feature allows it to retain data even when power is off, making it especially attractive for applications requiring reliable, persistent memory. As industries like AI and IoT demand faster data processing with minimal energy consumption, IPCM’s advantages in durability and speed fuel its adoption, further driving the Next Generation Memory Market.

Resistive Random Access Memory (ReRAM) is instrumental in propelling the Next Generation Memory Market forward by offering low power consumption, fast switching speeds, and high storage density. ReRAM operates by changing resistance across a dielectric material, providing a more efficient memory solution compared to traditional flash memory. Its compatibility with existing semiconductor technology makes it adaptable for applications ranging from consumer electronics to cloud computing. As demand for energy-efficient, high-capacity memory increases, particularly in sectors like automotive and mobile devices, ReRAM’s integration strengthens its role in the market, ensuring continued growth.

The consumer electronics sector significantly contributes to the expansion of the Next Generation Memory Market. With the increasing complexity of modern devices such as smartphones, laptops, and gaming consoles, there is a high demand for memory solutions that are both fast and durable. Next-generation memory technologies like IPCM and ReRAM provide the speed and reliability required to handle intensive applications, from HD video streaming to interactive gaming. As consumers increasingly seek devices with improved performance and battery life, these advanced memory solutions cater to market demands, spurring the Next Generation Memory Market’s growth. With the rise of data-driven industries, there’s a pressing need for advanced storage solutions capable of handling massive data volumes. Next-generation memory technologies like ReRAM and IPCM provide the required high-density storage solutions, supporting the rapid data growth seen in sectors such as cloud computing and big data analytics.

AI applications demand rapid data processing and large memory storage, making next-generation memory technologies indispensable. These memory types offer high speed and reliability, essential for supporting AI algorithms and machine learning applications, driving significant interest and investment in this market.

Energy efficiency is a critical factor as industries shift towards sustainable practices. Next-generation memory solutions consume less power, which is beneficial for portable consumer electronics and large data centers alike. This energy efficiency aligns with the global push for sustainable technologies, contributing to market growth. Modern devices are becoming smaller and more complex, necessitating memory solutions that can fit into compact spaces without sacrificing performance. Next-generation memory solutions enable high data density within a small footprint, aligning with industry needs for miniaturized electronic components.

Edge computing, which processes data closer to its source, requires quick and reliable memory to ensure real-time processing. Next-generation memory solutions are crucial in this regard, as they offer the speed and durability needed to support edge computing applications, driving market growth. High-bandwidth memory solutions are essential for data-intensive applications such as 3D rendering and data analytics. Next-generation memory solutions provide the necessary bandwidth to handle these applications efficiently, positioning them as valuable assets across various industries.

Buy Now: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-37Q8792&lic=single-user 

NEXT GENERATION MEMORY MARKET SHARE:

Global Next Generation Memory key players include Intel, Micron Technology, Panasonic, etc. Global top three manufacturers hold a share of about 40%.

The United States is the largest market, with a share over 30%, followed by Europe and Japan, with a share of about 40 percent.

In terms of product, PCM is the largest segment, with a share of about 45%. And in terms of application, the largest application is Consumer Electronics, followed by Enterprise Storage, Automotive and Transportation, Military and Aerospace, Telecommunications, etc.

Key Companies:

Cypress SemiconductorFujitsu LimitedEverSpinROHM SemiconductorAdesto TechnologiesCrossbarMicron TechnologyIntelPanasonic

Purchase Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-37Q8792/global-next-generation-memory/1

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Next Generation Volatile Memory Market

–  Next Generation Non Volatile Memory Market

–  Small Language Model market was valued at USD 5180 Million in 2023 and is anticipated to reach USD 17180 Million by 2030, witnessing a CAGR of 17.8% during the forecast period 2024-2030.

–  High Bandwidth Memory (HBM) market is projected to grow from USD 1256.5 Million in 2024 to USD 4902.4 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period.

–  AI Content Generation market was valued at USD 1108 Million in 2023 and is anticipated to reach USD 5958 Million by 2030, witnessing a CAGR of 27.3% during the forecast period 2024-2030.

–  Next Generation Memory Product Market

–  Next Generation Computing Market

–  Next-Generation Firewall (NGFW) Solutions Market

–  Gallium Arsenide Next Generation Semiconductor market is projected to grow from USD 13630 Million in 2024 to USD 25220 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period.

–  Next Generation In-Vehicle Networking (IVN) Market

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/ 
YouTube: https://www.youtube.com/@valuatesreports6753
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/ 

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/global-next-generation-memory-market-forecast-to-reach-usd-4875-5-million-by-2030consumer-electronics-and-ai-to-drive-growth–valuates-reports-302299154.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

on

By

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il                 

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

View original content:https://www.prnewswire.com/news-releases/max-stock-limited-announces-change-in-shares-held-by-an-interested-party-302314811.html

SOURCE Max Stock Limited

Continue Reading

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

on

By

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

 

SOURCE Wahed

Continue Reading

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

on

By

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg

View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html

Continue Reading

Trending