Non-Volatile Dual In-Line Memory Module Market – Positive Long-Term Growth Outlook 2016 – 2021
Despite being at a nascent stage, Transparency Market Research (TMR) projects the global non-volatile dual in-line memory module ( #NVDIMM ) market to surge at a remarkable pace. The rapid proliferation of internet connectivity and the corresponding updates have been crucial in fuelling NVDIMM deployment across various end-use applications. On the flip side, the companies offering NVDIMM still need to work on their designs in order to make them more affordable. Currently, their high cost is limiting their adoption across SMEs. Nevertheless, with efforts to make NVDIMMs a standard technology across datacenters afoot, TMR forecasts the global market to surge at a remarkable CAGR of 136.6% between 2015 and 2021. The market stood at US$3.3 mn in 2014 and is anticipated to reach US$1.3 bn by the end of 2021.