Next Generation Memory Technologies Market -Demand for Universal Memory Solutions Is Progressively Scaling Upward
The uncertainty in profit margins of legacy memory technologies and the demand for new memory technologies that are faster, scalable, and cost competitive will fuel the emergence of next generation memory technologies. These factors will lead the next generation memory technologies market to achieve a CAGR of 46.1% between 2013 and 2019. Next generation memory technologies constituted a US$207.8 million market in 2012. These aspects are discussed in detail in Transparency Market Research’s report titled, ‘Next Generation Memory Technologies Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2013 – 2019.’The report, however, also notes that designing next generation memory technologies can be an expensive process – this will likely be the largest impediment to the market. The report segments the global next generation memory technologies market on the basis of product type, interface technology, application, and region. Demand for universal memory solutions is progressively scaling upward; this presents a space that can be tapped by companies in the next generation memory technologies market.