Resistive RAM Market: Increasing Need for Technologically Advanced Memory Devices to Drive Growth
A
research report by Transparency Market Research (TMR) offers a
comprehensive assessment of the global market for resistive random
access memory (RAM). The report is titled “Resistive RAM Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016–2024” and it examines the current and the historical
performance of this market to determine its future status.
According
to the research study, the global market for resistive RAMs will
expand tremendously in the near future. The inherent benefits such as
the improved system speed and simplified memory management offered by
resistive RAMs is likely to bolster its demand across the world. The
increasing demand for advanced mobile memory chips is also projected
to contribute substantially to the growth of this market over the
next few years.On the other hand, the design cost associated with
resistive RAMs may pose a threat to the otherwise steadily growing
market. With the shortage of all-inclusive production techniques, the
design and process costs are expected to increase a bit, which may
hamper the market’s growth to some extent in the coming years.
Besides, several issues, such as incompatibility and inconstancy may
limit the demand for these devices over the forthcoming years, states
the research report.
Further,
the research report talks about the applications of resistive RAMs.
Predominantly, these memory devices are deployed into smartphones to
boost their storage capacities. These devices also find a widespread
application in industrial processes and mixed workload usage, owing
to their mass storage feature.
Another
prominent application area of resistive RAMs is smartcards, where
these devices are used for performing tasks such as application
processing and data storage. Since a huge amount of data is needed to
be stored and accessed at compact space and low power in enterprises,
they have also emerged as a key application area for resistive RAMs.
Enterprises find it particularly challenging to manage data with
traditional disk drive technologies. Resistive RAMs, in such cases,
prove to be an effective and convenient data management device, notes
the market study.
The
research report also presents an analysis of the competitive
landscape of the global market for resistive RAMs by evaluating the
profiles of key participants in order identify the existing market
hierarchy. Avalanche Technology Inc., Adesto Technologies Corp. Inc.,
Everspin Technologies, Crossbar Inc., Fujitsu Ltd., Samsung
Electronics Co. Ltd., Winbond Electronics Corp., Panasonic Corp.,
Micron Technology Inc., Cypress Semiconductor Corp., and SK Hynix
Inc. are some of the leading market participants mentioned in this
research study.
No comments: