Lucintel Forecasts Non-Volatile Dual In-line Memory Module (NVDIMM) Market to Reach $2.0 Billion by 2028

iCrowd Newswire
19 Sep 2023, 00:18 GMT+10

According to the recent study the non-volatile dual in-line memory module market is projected to reach an estimated $2.0 billion by 2028 from $1.1 billion in 2023, at a CAGR of 12.7% from 2023 to 2028. Growth in this market is primarily driven by considerable use of this memory in data centres to guard against data loss caused by an unexpected power outage, emergence of 5G network, and rising trend of high-end servers across the globe.

A more than 150 – page report is developed to understand trends, opportunities and forecast in non-volatile dual in-line memory module market by product (NVDIMM-N, NVDIMM-F, and NVDIMM-P), capacity (8GB, 16GB, and 32GB & above), end use (enterprise storage and server, high-end workstation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

"NVDIMM-N market is expected to remain the largest segment during the forecast period."

Based on product, the non-volatile dual in-line memory module market is segmented into NVDIMM-N, NVDIMM-F, and NVDIMM-P. Lucintel forecasts that the NVDIMM-N market is expected to remain the largest segment due to the considerable demand for this module among users owing to its excellent agility and low latency as compared to NVDIMM-F.

"Within the non-volatile dual in-line memory module market, the enterprise storage & server segment is expected to remain the largest end use"

Based on end use the enterprise storage & server segment is expected to witness the highest growth over the forecast period due to the growing adoption of cloud services among businesses and increasing number of data centers across the world.

"North America will dominate the non-volatile dual in-line memory module market in near future"

North America will remain the largest region due to the increasing penetration of servers and storage solutions, rapid adoption of advanced technology among large enterprises, and presence of key players in the region.

Major players of non-volatile dual in-line memory module market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Viking Technology, AgigA Tech, Micron Technology, Netlist, Smart Modular Technologies, Rambus, and Sk Hynix are among the major non-volatile dual in-line memory module providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056

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