The North America Next Generation Non-Volatile Memory Market would witness market growth of 16.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $3,668.7 million by 2031. The Canada market is exhibiting a CAGR of 19.1% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 18.1% during (2024 - 2031).
Next generation non-volatile memory (NVM) technologies are transforming various industries by enhancing performance, reliability, and energy efficiency. NVMs, such as Flash memory and MRAM, store operating systems, applications, and user data. Their fast read/write speeds and durability improve device performance and user experience, including quicker boot times and enhanced multitasking capabilities.
SSDs (Solid-State Drives) that incorporate sophisticated NVM technologies provide superior speed and reliability compared to conventional hard drives. They reduce boot times, accelerate application loading, and enhance system responsiveness. Fitness trackers, smartwatches, and other wearable technologies use NVMs to manage and store user data, such as health metrics and application settings. The low power consumption and durability of NVMs are well-suited for these battery-operated devices.
The expansion of telecommunications services in Canada necessitates advanced memory solutions for network equipment such as routers, switches, and communication devices. Next generation NVM enhances the performance and reliability of these critical components. The growth of high-tech manufacturing in Canada, including producing electronic devices and systems, drives demand for high-performance memory solutions. Next generation NVM supports these manufacturing processes by providing reliable and efficient memory.
As Canadian businesses undergo digital transformation, they require advanced memory solutions to support new technologies and applications. Next generation NVM provides the high-speed storage and performance needed for modern enterprise IT systems. Therefore, the expansion of the ICT Industry and rising internet penetration in the region is driving the market's growth.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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
- US
- Canada
- Mexico
- Rest of North America
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 Non-Volatile Memory Market, by Type
1.4.2 North America Next Generation Non-Volatile Memory Market, by Wafer Size
1.4.3 North America Next Generation Non-Volatile Memory Market, by Application
1.4.4 North America Next Generation Non-Volatile 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
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Next Generation Non-Volatile Memory Market by Type
5.1 North America High-bandwidth Memory (HBM) Market by Country
5.2 North America Hybrid Memory Cube (HMC) Market by Country
Chapter 6. North America Next Generation Non-Volatile 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 Non-Volatile Memory Market by Application
7.1 North America BFSI Market by Country
7.2 North America Information Technology Market by Country
7.3 North America Consumer Electronics Market by Country
7.4 North America Telecommunications Market by Country
7.5 North America Government Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Next Generation Non-Volatile Memory Market by Country
8.1 US Next Generation Non-Volatile Memory Market
8.1.1 US Next Generation Non-Volatile Memory Market by Type
8.1.2 US Next Generation Non-Volatile Memory Market by Wafer Size
8.1.3 US Next Generation Non-Volatile Memory Market by Application
8.2 Canada Next Generation Non-Volatile Memory Market
8.2.1 Canada Next Generation Non-Volatile Memory Market by Type
8.2.2 Canada Next Generation Non-Volatile Memory Market by Wafer Size
8.2.3 Canada Next Generation Non-Volatile Memory Market by Application
8.3 Mexico Next Generation Non-Volatile Memory Market
8.3.1 Mexico Next Generation Non-Volatile Memory Market by Type
8.3.2 Mexico Next Generation Non-Volatile Memory Market by Wafer Size
8.3.3 Mexico Next Generation Non-Volatile Memory Market by Application
8.4 Rest of North America Next Generation Non-Volatile Memory Market
8.4.1 Rest of North America Next Generation Non-Volatile Memory Market by Type
8.4.2 Rest of North America Next Generation Non-Volatile Memory Market by Wafer Size
8.4.3 Rest of North America Next Generation Non-Volatile Memory Market by Application
Chapter 9. Company Profiles
9.1 Micron Technology, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.1 Research & Development Expenses
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.3 SWOT Analysis
9.2 Fujitsu Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ROHM Co., Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Kingston Technology Company, Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Kioxia Holdings Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Samsung Electronics Co., Ltd. (Samsung Group)
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 SWOT Analysis
9.7 Honeywell International, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 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 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Toshiba International Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research and Development Expense
9.9.5 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 Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 2 North America Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 3 North America Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 4 North America Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 5 North America High-bandwidth Memory (HBM) Market by Country, 2020 - 2023, USD Million
TABLE 6 North America High-bandwidth Memory (HBM) Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Hybrid Memory Cube (HMC) Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Hybrid Memory Cube (HMC) Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 10 North America Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 11 North America 300 mm Market by Country, 2020 - 2023, USD Million
TABLE 12 North America 300 mm Market by Country, 2024 - 2031, USD Million
TABLE 13 North America 200 mm Market by Country, 2020 - 2023, USD Million
TABLE 14 North America 200 mm Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 16 North America Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 17 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 18 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Information Technology Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Information Technology Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Telecommunications Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Telecommunications Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Government Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Government Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Next Generation Non-Volatile Memory Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Next Generation Non-Volatile Memory Market by Country, 2024 - 2031, USD Million
TABLE 31 US Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 32 US Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 33 US Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 34 US Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 35 US Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 36 US Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 37 US Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 38 US Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 39 Canada Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 40 Canada Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 41 Canada Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 42 Canada Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 43 Canada Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 44 Canada Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 45 Canada Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 46 Canada Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 47 Mexico Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 48 Mexico Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 49 Mexico Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 50 Mexico Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 51 Mexico Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 52 Mexico Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 53 Mexico Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 54 Mexico Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 55 Rest of North America Next Generation Non-Volatile Memory Market, 2020 - 2023, USD Million
TABLE 56 Rest of North America Next Generation Non-Volatile Memory Market, 2024 - 2031, USD Million
TABLE 57 Rest of North America Next Generation Non-Volatile Memory Market by Type, 2020 - 2023, USD Million
TABLE 58 Rest of North America Next Generation Non-Volatile Memory Market by Type, 2024 - 2031, USD Million
TABLE 59 Rest of North America Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2023, USD Million
TABLE 60 Rest of North America Next Generation Non-Volatile Memory Market by Wafer Size, 2024 - 2031, USD Million
TABLE 61 Rest of North America Next Generation Non-Volatile Memory Market by Application, 2020 - 2023, USD Million
TABLE 62 Rest of North America Next Generation Non-Volatile Memory Market by Application, 2024 - 2031, USD Million
TABLE 63 key information – Micron Technology, Inc.
TABLE 64 Key Information – Fujitsu Limited
TABLE 65 Key Information – ROHM Co., Ltd.
TABLE 66 Key Information – Kingston Technology Company, Inc.
TABLE 67 Key Information – Kioxia Holdings Corporation
TABLE 68 Key Information – Samsung Electronics Co., Ltd.
TABLE 69 Key Information – Honeywell International, Inc.
TABLE 70 Key Information – Infineon Technologies AG
TABLE 71 Key Information – Toshiba International Corporation
TABLE 72 Key Information – Intel Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Next Generation Non-Volatile Memory Market share by Type, 2023
FIG 7 North America Next Generation Non-Volatile Memory Market share by Type, 2031
FIG 8 North America Next Generation Non-Volatile Memory Market by Type, 2020 - 2031, USD Million
FIG 9 North America Next Generation Non-Volatile Memory Market share by Wafer Size, 2023
FIG 10 North America Next Generation Non-Volatile Memory Market share by Wafer Size, 2031
FIG 11 North America Next Generation Non-Volatile Memory Market by Wafer Size, 2020 - 2031, USD Million
FIG 12 North America Next Generation Non-Volatile Memory Market share by Application, 2023
FIG 13 North America Next Generation Non-Volatile Memory Market share by Application, 2031
FIG 14 North America Next Generation Non-Volatile Memory Market by Application, 2020 - 2031, USD Million
FIG 15 North America Next Generation Non-Volatile Memory Market share by Country, 2023
FIG 16 North America Next Generation Non-Volatile Memory Market share by Country, 2031
FIG 17 North America 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