According to a market report by Lucintel, the future of the phase change memory market looks promising with opportunities in the cell phone, enterprise storage, smart card, and automotive industries. The global phase change memory market is expected to grow with a CAGR of 55% from 2021 to 2026. The major drivers for this market are growing demand for fast, low cost, energy efficient memory solutions and growth in high performance smartphones.
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Within the phase change memory market, cell phones will remain the largest application segment over the forecast period due to the increasing demand for fast, low cost, energy efficient memory solutions in the premium and high performance smartphone market.
IBM, Micron Technology, Samsung Electronics, Hewlett-Packard, Toshiba, BAE Systems, STMicroelectronics, GlobalFoundries, Taiwan Semiconductor Manufacturing Company, United Microelectronics Corporation, Intel, and Western Digital are among the major phase change memory manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global phase change memory market by form, technology, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Phase Change Memory Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global phase change memory market by form, technology, application, and region as follows:
By Form [$M shipment analysis for 2015 – 2026]:
By Technology [$M shipment analysis for 2015 – 2026]:
PCM as Static RAM (SRAM)
PCM as DRAM
PCM as Flash Memory
PCM as Storage-Class Memory (SCM)
By Application [$M shipment analysis for 2015 – 2026]:
Cell Phones
Enterprise Storage
Smart Cards
Automotive
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.