The Latin America, Middle East and Africa Next Generation Non-Volatile Memory Market would witness market growth of 20.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $382.7 million by 2031. The Argentina market is experiencing CAGR of 21% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 18.9% during (2024 - 2031).
As manufacturing processes for next generation NVMs, such as 3D NAND, advance, production costs have decreased. This cost reduction increases the accessibility of advanced NVM technologies to a broader spectrum of industries and applications. The growing production scale and increased market competition contribute to cost reductions, making NVM technologies more economically viable for consumers and businesses.
Likewise, the exponential growth in data generation across industries drives the demand for high-capacity and high-speed memory solutions. Next generation NVMs can meet these demands with superior storage capacities and access speeds. The proliferation of smart devices, including IoT applications and wearables, has increased the need for efficient and reliable memory solutions. NVMs are adopted in these devices to manage data storage and ensure seamless operation.
The rise of IoT in healthcare, including telemedicine and remote patient monitoring, creates a need for secure and efficient data storage. Next generation NVM supports these healthcare innovations by providing fast and reliable memory for managing patient data. Saudi Arabia’s efforts to modernize its agricultural sector through IoT-driven smart farming require advanced memory solutions. Next generation NVM plays a crucial role in storing and analyzing data from sensors and devices used in precision agriculture. In conclusion, the rising IoT industry and expansion of the fintech sector in the region are driving the market's growth.
Free Valuable Insights: The Worldwide Next Generation Non-Volatile Memory Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 4 LAMEA Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 5 LAMEA High-bandwidth Memory (HBM) Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA High-bandwidth Memory (HBM) Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Hybrid Memory Cube (HMC) Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Hybrid Memory Cube (HMC) Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 10 LAMEA Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 11 LAMEA 300 mm Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA 300 mm Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA 200 mm Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA 200 mm Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 16 LAMEA Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 17 LAMEA BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Information Technology Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Information Technology Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Government Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Government Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Next Generation Non-Volatile Memory Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Next Generation Non-Volatile Memory Market by Country, 2024 - 2031, USD Million
TABLE 31 Brazil Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 32 Brazil Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 33 Brazil Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 34 Brazil Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 35 Brazil Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 36 Brazil Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 37 Brazil Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 38 Brazil Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 39 Argentina Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 40 Argentina Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 41 Argentina Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 42 Argentina Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 43 Argentina Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 44 Argentina Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 45 Argentina Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 46 Argentina Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 47 UAE Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 48 UAE Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 49 UAE Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 50 UAE Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 51 UAE Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 52 UAE Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 53 UAE Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 54 UAE Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 55 Saudi Arabia Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 56 Saudi Arabia Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 57 Saudi Arabia Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 58 Saudi Arabia Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 59 Saudi Arabia Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 60 Saudi Arabia Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 63 South Africa Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 64 South Africa Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 65 South Africa Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 66 South Africa Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 67 South Africa Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 68 South Africa Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 69 South Africa Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 70 South Africa Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 71 Nigeria Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 72 Nigeria Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 73 Nigeria Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 74 Nigeria Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 75 Nigeria Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 76 Nigeria Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 77 Nigeria Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 78 Nigeria Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 79 Rest of LAMEA Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 80 Rest of LAMEA Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 81 Rest of LAMEA Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of LAMEA Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 83 Rest of LAMEA Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 84 Rest of LAMEA Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA 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 LAMEA 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 LAMEA Next Generation Non-Volatile Memory Market share by Type, 2023
FIG 7 LAMEA Next Generation Non-Volatile Memory Market share by Type, 2031
FIG 8 LAMEA Next Generation Non-Volatile Memory Market by Type, 2020 - 2031, USD Million
FIG 9 LAMEA Next Generation Non-Volatile Memory Market share by Wafer Size, 2023
FIG 10 LAMEA Next Generation Non-Volatile Memory Market share by Wafer Size, 2031
FIG 11 LAMEA Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2031, USD Million
FIG 12 LAMEA Next Generation Non-Volatile Memory Market share by Application, 2023
FIG 13 LAMEA Next Generation Non-Volatile Memory Market share by Application, 2031
FIG 14 LAMEA Next Generation Non-Volatile Memory Market by Application, 2020 - 2031, USD Million
FIG 15 LAMEA Next Generation Non-Volatile Memory Market share by Country, 2023
FIG 16 LAMEA Next Generation Non-Volatile Memory Market share by Country, 2031
FIG 17 LAMEA 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