The North America Next Generation Memory Market would witness market growth of 16.4% CAGR during the forecast period (2023-2030).
In a rapidly evolving technological landscape, the need for faster, more reliable, and energy-efficient memory solutions has become increasingly pronounced. Traditional memory technologies, such as Dynamic Random-Access Memory (DRAM) and NAND Flash, have been the workhorses of the digital age. However, they are facing limitations, especially in the face of growing data volumes, artificial intelligence, and high-performance computing applications.
The latest developments in the market are a response to these challenges. They are rooted in the pursuit of memory solutions that can break through the bottlenecks associated with traditional memory technologies. Future memory technologies have the potential to completely change how data is handled, stored, and accessed in a variety of contexts, including data centers, autonomous cars, smartphones, and the Internet of Things (IoT).
The pursuit of non-volatile, high-speed, and high-density memory technologies has led to remarkable innovations. Among the prominent developments are technologies like Resistive Random-Access Memory (ReRAM), Phase-Change Memory (PCM), Magnetic Random-Access Memory (MRAM), and 3D XPoint memory. These technologies offer a spectrum of advantages, including lower power consumption, faster data access, and improved durability, making them suitable for various computing and storage needs.
Canada is experiencing significant growth in data-centric applications, particularly in natural resources, finance, and healthcare. The energy sector uses data-driven technologies for predictive maintenance and resource optimization. Financial institutions harness data analytics to make informed investment decisions and manage risk. In healthcare, data-centric applications aid medical research, drug discovery, and patient care.
In Mexico, data-centric applications are transforming industries such as manufacturing, agriculture, and logistics. Smart manufacturing processes utilize real-time data to enhance efficiency and product quality. Precision agriculture leverages data analytics to optimize crop management and resource allocation. Logistics and transportation companies rely on data-centric applications to streamline supply chain operations and enhance delivery routes. The growing adoption of edge computing underpins the expansion of data-centric applications, the Internet of Things (IoT), and 5G connectivity. These technologies require memory solutions capable of rapid data access and low latency, which has led to an increased demand for next-generation memory technologies.
The US market dominated the North America Next Generation Memory Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,119.1 million by 2030. The Canada market is exhibiting a CAGR of 19% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 18% during (2023 - 2030).
Based on Technology, the market is segmented into Non-volatile (Magneto-resistive Random-access Memory (MRAM), Ferroelectric RAM (FRAM), SRAM, Resistive Random-access Memory (ReRAM), Nano RAM, and Others), and Volatile. Based on Wafer Size, the market is segmented into 300 mm, and 200 mm. Based on Vertical, the market is segmented into Enterprise Storage, Consumer Electronics, BFSI, Telecommunications, Information Technology, Government, Automotive & Transportation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Next Generation Memory Market is Predict to reach $21.8 Billion by 2030, at a CAGR of 17.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co. Ltd., Micron Technology, Inc., Fujitsu Limited, Toshiba Corporation, Honeywell International, Inc., Microchip Technology, Inc., Everspin Technologies, Inc., Infineon Technologies AG, Kingston Technology Company, Inc., and Intel Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Non-volatile
- Magneto-resistive Random-access Memory (MRAM)
- Ferroelectric RAM (FRAM)
- SRAM
- Resistive Random-access Memory (ReRAM)
- Nano RAM
- Others
- Volatile
By Wafer Size
By Vertical
- Enterprise Storage
- Consumer Electronics
- BFSI
- Telecommunications
- Information Technology
- Government
- Automotive & Transportation
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co. Ltd.
- Micron Technology, Inc.
- Fujitsu Limited
- Toshiba Corporation
- Honeywell International, Inc.
- Microchip Technology, Inc.
- Everspin Technologies, Inc.
- Infineon Technologies AG
- Kingston Technology Company, Inc.
- Intel Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Next Generation Memory Market, by Technology
1.4.2 North America Next Generation Memory Market, by Wafer Size
1.4.3 North America Next Generation Memory Market, by Vertical
1.4.4 North America Next Generation Memory Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Expansion
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Aug – 2023, Oct) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Next Generation Memory Market, By Technology
5.1 North America Non-volatile Market, By Country
5.2 North America Next Generation Memory Market, By Non-volatile Type
5.2.1 North America Magneto-resistive Random-access Memory (MRAM) Market, By Country
5.2.2 North America Ferroelectric RAM (FRAM) Market, By Country
5.2.3 North America SRAM Market, By Country
5.2.4 North America Resistive Random-access Memory (ReRAM) Market, By Country
5.2.5 North America Nano RAM Market, By Country
5.2.6 North America Others Market, By Country
5.3 North America Volatile Market, By Country
Chapter 6. North America Next Generation Memory Market, By Wafer Size
6.1 North America 300 mm Market, By Country
6.2 North America 200 mm Market, By Country
Chapter 7. North America Next Generation Memory Market, By Vertical
7.1 North America Enterprise Storage Market, By Country
7.2 North America Consumer Electronics Market, By Country
7.3 North America BFSI Market, By Country
7.4 North America Telecommunications Market, By Country
7.5 North America Information Technology Market, By Country
7.6 North America Government Market, By Country
7.7 North America Automotive & Transportation Market, By Country
7.8 North America Others Market, By Country
Chapter 8. North America Next Generation Memory Market, By Country
8.1 US Next Generation Memory Market
8.1.1 US Next Generation Memory Market, By Technology
8.1.1.1 US Next Generation Memory Market, By Non-volatile Type
8.1.2 US Next Generation Memory Market, By Wafer Size
8.1.3 US Next Generation Memory Market, By Vertical
8.2 Canada Next Generation Memory Market
8.2.1 Canada Next Generation Memory Market, By Technology
8.2.1.1 Canada Next Generation Memory Market, By Non-volatile Type
8.2.2 Canada Next Generation Memory Market, By Wafer Size
8.2.3 Canada Next Generation Memory Market, By Vertical
8.3 Mexico Next Generation Memory Market
8.3.1 Mexico Next Generation Memory Market, By Technology
8.3.1.1 Mexico Next Generation Memory Market, By Non-volatile Type
8.3.2 Mexico Next Generation Memory Market, By Wafer Size
8.3.3 Mexico Next Generation Memory Market, By Vertical
8.4 Rest of North America Next Generation Memory Market
8.4.1 Rest of North America Next Generation Memory Market, By Technology
8.4.1.1 Rest of North America Next Generation Memory Market, By Non-volatile Type
8.4.2 Rest of North America Next Generation Memory Market, By Wafer Size
8.4.3 Rest of North America Next Generation Memory Market, By Vertical
Chapter 9. Company Profiles
9.1 Samsung Electronics Co., Ltd. (Samsung Group)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Micron Technology, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Product Launches and Product Expansions:
9.2.4.3 Geographical Expansions:
9.2.5 SWOT Analysis
9.3 Fujitsu Limited
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Toshiba Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research and Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Honeywell International, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Microchip Technology Incorporated
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Everspin Technologies, Inc.
9.7.1 Company overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Infineon Technologies AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Kingston Technology Company, Inc.
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Intel Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America Next Generation Memory Market, 2019 - 2022, USD Million
TABLE 2 North America Next Generation Memory Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Next generation Memory Market
TABLE 4 Product Launches And Product Expansions– Next Generation Memory Market
TABLE 5 Acquisition and Mergers– Next Generation Memory Market
TABLE 6 Expansion– Next Generation Memory Market
TABLE 7 North America Next Generation Memory Market, By Technology, 2019 - 2022, USD Million
TABLE 8 North America Next Generation Memory Market, By Technology, 2023 - 2030, USD Million
TABLE 9 North America Non-volatile Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Non-volatile Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Next Generation Memory Market, By Non-volatile Type, 2019 - 2022, USD Million
TABLE 12 North America Next Generation Memory Market, By Non-volatile Type, 2023 - 2030, USD Million
TABLE 13 North America Magneto-resistive Random-access Memory (MRAM) Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Magneto-resistive Random-access Memory (MRAM) Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Ferroelectric RAM (FRAM) Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Ferroelectric RAM (FRAM) Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America SRAM Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America SRAM Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America Resistive Random-access Memory (ReRAM) Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Resistive Random-access Memory (ReRAM) Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Nano RAM Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Nano RAM Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Volatile Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Volatile Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Next Generation Memory Market, By Wafer Size, 2019 - 2022, USD Million
TABLE 28 North America Next Generation Memory Market, By Wafer Size, 2023 - 2030, USD Million
TABLE 29 North America 300 mm Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America 300 mm Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America 200 mm Market, By Country, 2019 - 2022, USD Million
TABLE 32 North America 200 mm Market, By Country, 2023 - 2030, USD Million
TABLE 33 North America Next Generation Memory Market, By Vertical, 2019 - 2022, USD Million
TABLE 34 North America Next Generation Memory Market, By Vertical, 2023 - 2030, USD Million
TABLE 35 North America Enterprise Storage Market, By Country, 2019 - 2022, USD Million
TABLE 36 North America Enterprise Storage Market, By Country, 2023 - 2030, USD Million
TABLE 37 North America Consumer Electronics Market, By Country, 2019 - 2022, USD Million
TABLE 38 North America Consumer Electronics Market, By Country, 2023 - 2030, USD Million
TABLE 39 North America BFSI Market, By Country, 2019 - 2022, USD Million
TABLE 40 North America BFSI Market, By Country, 2023 - 2030, USD Million
TABLE 41 North America Telecommunications Market, By Country, 2019 - 2022, USD Million
TABLE 42 North America Telecommunications Market, By Country, 2023 - 2030, USD Million
TABLE 43 North America Information Technology Market, By Country, 2019 - 2022, USD Million
TABLE 44 North America Information Technology Market, By Country, 2023 - 2030, USD Million
TABLE 45 North America Government Market, By Country, 2019 - 2022, USD Million
TABLE 46 North America Government Market, By Country, 2023 - 2030, USD Million
TABLE 47 North America Automotive & Transportation Market, By Country, 2019 - 2022, USD Million
TABLE 48 North America Automotive & Transportation Market, By Country, 2023 - 2030, USD Million
TABLE 49 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 51 North America Next Generation Memory Market, By Country, 2019 - 2022, USD Million
TABLE 52 North America Next Generation Memory Market, By Country, 2023 - 2030, USD Million
TABLE 53 US Next Generation Memory Market, 2019 - 2022, USD Million
TABLE 54 US Next Generation Memory Market, 2023 - 2030, USD Million
TABLE 55 US Next Generation Memory Market, By Technology, 2019 - 2022, USD Million
TABLE 56 US Next Generation Memory Market, By Technology, 2023 - 2030, USD Million
TABLE 57 US Next Generation Memory Market, By Non-volatile Type, 2019 - 2022, USD Million
TABLE 58 US Next Generation Memory Market, By Non-volatile Type, 2023 - 2030, USD Million
TABLE 59 US Next Generation Memory Market, By Wafer Size, 2019 - 2022, USD Million
TABLE 60 US Next Generation Memory Market, By Wafer Size, 2023 - 2030, USD Million
TABLE 61 US Next Generation Memory Market, By Vertical, 2019 - 2022, USD Million
TABLE 62 US Next Generation Memory Market, By Vertical, 2023 - 2030, USD Million
TABLE 63 Canada Next Generation Memory Market, 2019 - 2022, USD Million
TABLE 64 Canada Next Generation Memory Market, 2023 - 2030, USD Million
TABLE 65 Canada Next Generation Memory Market, By Technology, 2019 - 2022, USD Million
TABLE 66 Canada Next Generation Memory Market, By Technology, 2023 - 2030, USD Million
TABLE 67 Canada Next Generation Memory Market, By Non-volatile Type, 2019 - 2022, USD Million
TABLE 68 Canada Next Generation Memory Market, By Non-volatile Type, 2023 - 2030, USD Million
TABLE 69 Canada Next Generation Memory Market, By Wafer Size, 2019 - 2022, USD Million
TABLE 70 Canada Next Generation Memory Market, By Wafer Size, 2023 - 2030, USD Million
TABLE 71 Canada Next Generation Memory Market, By Vertical, 2019 - 2022, USD Million
TABLE 72 Canada Next Generation Memory Market, By Vertical, 2023 - 2030, USD Million
TABLE 73 Mexico Next Generation Memory Market, 2019 - 2022, USD Million
TABLE 74 Mexico Next Generation Memory Market, 2023 - 2030, USD Million
TABLE 75 Mexico Next Generation Memory Market, By Technology, 2019 - 2022, USD Million
TABLE 76 Mexico Next Generation Memory Market, By Technology, 2023 - 2030, USD Million
TABLE 77 Mexico Next Generation Memory Market, By Non-volatile Type, 2019 - 2022, USD Million
TABLE 78 Mexico Next Generation Memory Market, By Non-volatile Type, 2023 - 2030, USD Million
TABLE 79 Mexico Next Generation Memory Market, By Wafer Size, 2019 - 2022, USD Million
TABLE 80 Mexico Next Generation Memory Market, By Wafer Size, 2023 - 2030, USD Million
TABLE 81 Mexico Next Generation Memory Market, By Vertical, 2019 - 2022, USD Million
TABLE 82 Mexico Next Generation Memory Market, By Vertical, 2023 - 2030, USD Million
TABLE 83 Rest of North America Next Generation Memory Market, 2019 - 2022, USD Million
TABLE 84 Rest of North America Next Generation Memory Market, 2023 - 2030, USD Million
TABLE 85 Rest of North America Next Generation Memory Market, By Technology, 2019 - 2022, USD Million
TABLE 86 Rest of North America Next Generation Memory Market, By Technology, 2023 - 2030, USD Million
TABLE 87 Rest of North America Next Generation Memory Market, By Non-volatile Type, 2019 - 2022, USD Million
TABLE 88 Rest of North America Next Generation Memory Market, By Non-volatile Type, 2023 - 2030, USD Million
TABLE 89 Rest of North America Next Generation Memory Market, By Wafer Size, 2019 - 2022, USD Million
TABLE 90 Rest of North America Next Generation Memory Market, By Wafer Size, 2023 - 2030, USD Million
TABLE 91 Rest of North America Next Generation Memory Market, By Vertical, 2019 - 2022, USD Million
TABLE 92 Rest of North America Next Generation Memory Market, By Vertical, 2023 - 2030, USD Million
TABLE 93 Key Information – Samsung Electronics Co., Ltd.
TABLE 94 key information – Micron Technology, Inc.
TABLE 95 Key Information – Fujitsu Limited
TABLE 96 Key Information – Toshiba Corporation
TABLE 97 Key Information – Honeywell International, Inc.
TABLE 98 Key Information – Microchip Technology Incorporated
TABLE 99 Key Information – Everspin Technologies, Inc.
TABLE 100 Key Information – Infineon Technologies AG
TABLE 101 Key Information – Kingston Technology Company, Inc.
TABLE 102 Key Information – Intel Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Next Generation Memory Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting next generation memory market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2022, aug – 2023, oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – Next generation Memory Market
FIG 9 North America Next Generation Memory Market share, By Technology, 2022
FIG 10 North America Next Generation Memory Market share, By Technology, 2030
FIG 11 North America Next Generation Memory Market, By Technology, 2019 - 2030, USD Million
FIG 12 North America Next Generation Memory Market share, By Wafer Size, 2022
FIG 13 North America Next Generation Memory Market share, By Wafer Size, 2030
FIG 14 North America Next Generation Memory Market, By Wafer Size, 2019 - 2030, USD Million
FIG 15 North America Next Generation Memory Market share, By Vertical, 2022
FIG 16 North America Next Generation Memory Market share, By Vertical, 2030
FIG 17 North America Next Generation Memory Market, By Vertical, 2019 - 2030, USD Million
FIG 18 North America Next Generation Memory Market share, By Country, 2022
FIG 19 North America Next Generation Memory Market share, By Country, 2030
FIG 20 North America Next Generation Memory Market, By Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 22 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 23 Recent strategies and developments: Micron Technology, Inc.
FIG 24 SWOT Analysis: Micron Technology, Inc.
FIG 25 Swot analysis: Fujitsu Limited
FIG 26 SWOT Analysis: Toshiba Corporation
FIG 27 Swot analysis: Honeywell international, inc.
FIG 28 Recent strategies and developments: Microchip Technology Incorporated
FIG 29 SWOT Analysis: Microchip Technology Incorporated
FIG 30 SWOT Analysis: Everspin Technologies, Inc.
FIG 31 SWOT Analysis: Infineon Technologies AG
FIG 32 SWOT Analysis: Kingston Technology Company, Inc.
FIG 33 SWOT Analysis: Intel corporation