Next-Generation Memory Market Scope and Key Players Analysis by 2031
Next-Generation Memory Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 6.4 billion |
Market Size by 2031 | US$ 55.96 billion |
Global CAGR (2023 - 2031) | 31.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Next-Generation Memory Market News and Recent Developments
The next-generation memory market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In August 2023, SK Hynix Inc. triggered competition in the semiconductor technology race with its next-generation high-bandwidth memory (HBM). SK Hynix has successfully developed the fifth-generation DRAM product, HBM3E, which is specifically built for high-performance artificial intelligence (AI) applications. HBM is a useful and high-performance device that accelerates data processing by vertically integrating many DRAMs, outperforming traditional DRAMs.
(Source: SK Hynix Inc, Company Website, 2023)
- In October 2023, Samsung unveiled its next-generation memory solutions at Memory Tech Day, with the goal of playing a vital role in providing sophisticated artificial intelligence models for hyperscale applications. The company has presented a range of cutting-edge memory solutions, including the latest Shinebolt HBM3e memory, the LPDDR5X CAMM2 solutions based on LPDDR package modules, and the detachable AutoSSD.
(Source: Samsung, Company Website, 2021)
Next-Generation Memory Market Report Coverage and Deliverables
The "Next-Generation Memory Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles