The Asia Pacific Next Generation Non-Volatile Memory Market would witness market growth of 17.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Next Generation Non-Volatile Memory Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,183 million by 2031. The Japan market is experiencing a CAGR of 17.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 19% during (2024 - 2031).
Telecommunications equipment, such as routers and switches, employs NVMs for storing configuration settings and firmware. Their reliability and fast access times are important for maintaining efficient network operations and supporting high-speed data transmission. The rollout of 5G networks benefits from NVMs that can handle the high data throughput and low latency required for advanced telecommunications applications. NVMs support the infrastructure needed to deliver high-speed and reliable 5G connectivity.
The adoption of NVM technologies is accelerating across various sectors due to their superior performance, reliability, and efficiency compared to traditional memory solutions. Several factors drive this growth, each contributing to these advanced technologies' broader acceptance and integration. Next generation NVMs offer significant improvements in data access speeds and processing efficiency. Applications requiring high-speed data retrieval, such as gaming, high-performance computing, and data centres, increasingly rely on these technologies to meet their demanding performance criteria.
The rise in production and consumption of high-end smartphones and wearables in India drives the need for next generation NVM. These devices require fast and reliable memory solutions for high-resolution cameras, complex applications, and extensive data storage. In FY23, domestic electronics production in India was valued at $101 billion, with mobile phones accounting for 43% of this production value. Also, the Indian government’s initiatives to promote electronics manufacturing and semiconductor industries, such as the “Make in India” and “National Policy on Electronics,” foster growth in these sectors. These policies drive investment in next generation NVM technologies as part of the broader push for advanced electronics. In conclusion, the expansion of the consumer electronics industry and the rising telecommunication sector in the region are driving the market's growth.
Free Valuable Insights: The Global Next Generation Non-Volatile Memory Market is Predict to reach USD 18.6 Billion by 2031, at a CAGR of 17.3%
Based on Type, the market is segmented into High-bandwidth Memory (HBM) and Hybrid Memory Cube (HMC). Based on Wafer Size, the market is segmented into 300 mm and 200 mm. Based on Application, the market is segmented into BFSI, Information Technology, Consumer Electronics, Telecommunications, Government, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Samsung Electronics Co. Ltd
- Micron Technology, Inc.
- Fujitsu Limited
- Honeywell International, Inc.
- Infineon Technologies AG
- ROHM Co., Ltd.
- Toshiba International Corporation
- Intel Corporation
- Kingston Technology Company, Inc.
- Kioxia Holdings Corporation
Asia Pacific Next Generation Non-Volatile Memory Market Report Segmentation
By Type
- High-bandwidth Memory (HBM)
- Hybrid Memory Cube (HMC)
By Wafer Size
By Application
- BFSI
- Information Technology
- Consumer Electronics
- Telecommunications
- Government
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Taiwan
- Rest of Asia Pacific
TABLE 1 Asia Pacific Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 5 Asia Pacific High-bandwidth Memory (HBM) Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific High-bandwidth Memory (HBM) Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Hybrid Memory Cube (HMC) Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Hybrid Memory Cube (HMC) Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 11 Asia Pacific 300 mm Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific 300 mm Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific 200 mm Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific 200 mm Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 17 Asia Pacific BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Information Technology Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Information Technology Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Government Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Government Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Next Generation Non-Volatile Memory Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Next Generation Non-Volatile Memory Market by Country, 2024 - 2031, USD Million
TABLE 31 China Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 32 China Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 33 China Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 34 China Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 35 China Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 36 China Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 37 China Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 38 China Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 39 Japan Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 40 Japan Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 41 Japan Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 42 Japan Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 43 Japan Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 44 Japan Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 45 Japan Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 46 Japan Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 47 India Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 48 India Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 49 India Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 50 India Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 51 India Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 52 India Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 53 India Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 54 India Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 55 South Korea Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 56 South Korea Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 57 South Korea Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 58 South Korea Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 59 South Korea Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 60 South Korea Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 61 South Korea Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 62 South Korea Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 63 Singapore Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 64 Singapore Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 65 Singapore Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 66 Singapore Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 67 Singapore Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 68 Singapore Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 69 Singapore Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 70 Singapore Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 71 Taiwan Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 72 Taiwan Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 73 Taiwan Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 74 Taiwan Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 75 Taiwan Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 76 Taiwan Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 77 Taiwan Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 78 Taiwan Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 83 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 84 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 85 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 86 Rest of Asia Pacific Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 87 key information – Micron Technology, Inc.
TABLE 88 Key Information – Fujitsu Limited
TABLE 89 Key Information – ROHM Co., Ltd.
TABLE 90 Key Information – Kingston Technology Company, Inc.
TABLE 91 Key Information – Kioxia Holdings Corporation
TABLE 92 Key Information – Samsung Electronics Co., Ltd.
TABLE 93 Key Information – Honeywell International, Inc.
TABLE 94 Key Information – Infineon Technologies AG
TABLE 95 Key Information – Toshiba International Corporation
TABLE 96 Key Information – Intel Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Next Generation Non-Volatile Memory Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Next Generation Non-Volatile Memory Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Next Generation Non-Volatile Memory Market
FIG 6 Asia Pacific Next Generation Non-Volatile Memory Market share by Type, 2023
FIG 7 Asia Pacific Next Generation Non-Volatile Memory Market share by Type, 2031
FIG 8 Asia Pacific Next Generation Non-Volatile Memory Market by Type, 2020 - 2031, USD Million
FIG 9 Asia Pacific Next Generation Non-Volatile Memory Market share by Wafer Size, 2023
FIG 10 Asia Pacific Next Generation Non-Volatile Memory Market share by Wafer Size, 2031
FIG 11 Asia Pacific Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2031, USD Million
FIG 12 Asia Pacific Next Generation Non-Volatile Memory Market share by Application, 2023
FIG 13 Asia Pacific Next Generation Non-Volatile Memory Market share by Application, 2031
FIG 14 Asia Pacific Next Generation Non-Volatile Memory Market by Application, 2020 - 2031, USD Million
FIG 15 Asia Pacific Next Generation Non-Volatile Memory Market share by Country, 2023
FIG 16 Asia Pacific Next Generation Non-Volatile Memory Market share by Country, 2031
FIG 17 Asia Pacific Next Generation Non-Volatile Memory Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Micron Technology, Inc.
FIG 19 Swot analysis: Fujitsu Limited
FIG 20 Swot analysis: ROHM Co., Ltd.
FIG 21 SWOT Analysis: Kingston Technology Company, Inc.
FIG 22 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 23 Swot analysis: Honeywell international, inc.
FIG 24 SWOT Analysis: Infineon Technologies AG
FIG 25 SWOT Analysis: Toshiba International Corporation
FIG 26 SWOT Analysis: Intel corporation