Global NanoRAM Market to Reach US$290.2 Million by the Year 2026 – GlobeNewswire

        <span class="article-published">          <time datetime="2022-01-19T10:14:46Z">January 19, 2022 05:14 ET</time>       </span>        <span class="article-source">          | Source:          <span>                <a href="/en/search/organization/ReportLinker">ReportLinker</a>          </span>                          <span id="pnr-global-follow-button"></span>                </span>      <span>ReportLinker</span>                <br>                     Lyon,  FRANCE                <br>New York, Jan.  19, 2022  (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global NanoRAM Industry" - <a href="https://www.globenewswire.com/Tracker?data=L__-fSg1jy15FkP09DVE_rmGUy3mNjamjCe0AWYhZisNsGP20Oh8lITMTDyEIeIAgfbTTKN54JYtJ9DAu638k4INiEm3TfAvKvY2N_HJEH2JvCuHef459tqJ-wWPRwEj7kd_tc8vP9CU5GtWWRmXVQh4oO8ar7IPmVs7mTao6ncDnZNR6zX6k15cNpCJ8MTA" rel="nofollow noopener" target="_blank" title="">https://www.reportlinker.com/p05775548/?utm_source=GNW</a> <br /> NRAM is the proprietary technology of Nantero. Carbon nanotubes-based non-volatile memory technology is anticipated to gain much traction over the coming years. Data storage requirement of different electronic gadgets including computers, smartphones, laptops and other electronics that are used on a daily basis is increasing, which is in turn fueling growth for the market for NRAMs and such other technologies that make possible higher data storage. Increasing investments in electronics and semiconductor industries also creates opportunities for growth for the market. Demand is expected to be high in the automotive, consumer electronics, defense, aerospace and telecommunication applications, where the attributes of low power consumption and high-speed operation would be highly beneficial. NRAMs are also being integrated into circuits that can be easily accessed by any electronic device. Projects for digital transformation, across several industrial verticals, including BFSI, healthcare, IT and telecom, also creates market growth opportunities. Furthermore, when compared to flash and DRAM, NRAM is faster. It consumes around 160 times faster volatile capacity/bit by using comparatively less power. NRAM also offers mass customization potential. In the form of a nanochip, it allows customization for numerous tasks. <br /><br />Amid the COVID-19 crisis, the global market for NanoRAM estimated at US$44.8 Million in the year 2020, is projected to reach a revised size of US$290.2 Million by 2026, growing at a CAGR of 37.8% over the analysis period. Enterprise Network &amp; Systems, one of the segments analyzed in the report, is projected to grow at a 35.7% CAGR to reach US$301.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Embedded Systems segment is readjusted to a revised 45.9% CAGR for the next 7-year period. This segment currently accounts for a 11% share of the global NanoRAM market. <br /><br /><strong> The U.S. Market is Estimated at $22.1 Million in 2021, While China is Forecast to Reach $71.9 Million by 2026 </strong> <br /><br />The NanoRAM market in the U.S. is estimated at US$22.1 Million in the year 2021. The country currently accounts for a 40.7% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$71.9 Million in the year 2026 trailing a CAGR of 45.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.2% and 33% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 33.7% CAGR while Rest of European market (as defined in the study) will reach US$110.9 Million by the end of the analysis period. North America is one of the key markets for NRAMs currently. Availability of improved technology infrastructure, combined with the factor of growing data center investments, creates an environment highly conducive to growth of the market for nano RAMs across the region. <br /><br /><strong> Embedded Systems Segment to Reach $44.5 Million by 2026 </strong> <br /><br />As there is increasing emphasis on developing embedded applications for smartphones as well as IoT (Internet of Things) components, the focus is on new technologies with greater flexibility and better optimization. NRAM, in this regard is considered extremely promising, since the technology presents considerable potential for customization, implying that the technology can be built to meet the requirements of specific tasks. In embedded memory applications, NRAM can be used for creating more power microcontroller, microprocessor and other types of logic devices. In the global Embedded Systems segment, USA, Canada, Japan, China and Europe will drive the 43.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.4 Million in the year 2020 will reach a projected size of US$60.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.1 Million by the year 2026. <br /><br /><br /><strong>Select Competitors (Total 20 Featured)</strong><br /><br><br /><br /><br />Read the full report: <a href="https://www.globenewswire.com/Tracker?data=L__-fSg1jy15FkP09DVE_rmGUy3mNjamjCe0AWYhZisNsGP20Oh8lITMTDyEIeIAgfbTTKN54JYtJ9DAu638kw81g_sYq8jS-PNl-K4fAXqAqNDgrqczI11tYpQ9Jwf-3buFJG-VVL-Z9Ac1MURuXjIcQImEyUnmimRAyMKxMfYs-oR7621tBu31bPwp8JkN" rel="nofollow noopener" target="_blank" title="">https://www.reportlinker.com/p05775548/?utm_source=GNW</a> <br /><br />I. METHODOLOGY <br /> <br />II. EXECUTIVE SUMMARY <br /> <br />1. MARKET OVERVIEW <br />Impact of COVID-19 Pandemic and Looming Global Recession <br />2020: A Year of Disruption &amp; Transformation <br />As the Race between the Virus &amp; Vaccines Intensifies, Where is <br />the World Economy Headed in 2021? <br />EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual <br />% Change) for 2020 through 2022 <br />How the IT Industry Has Been Impacted by the Pandemic &amp; What?s <br />the New Normal? <br />EXHIBIT 2: Global Information Technology Market Growth Outlook <br />(in %) for Years 2019 through 2025 <br />Semiconductor Industry Experiences Disruptions <br />NanoRAM: Technology Overview <br />An Overview of Underlying Technology and Fabrication Technique <br />for NRAM <br />NanoRAM: Carbon Nanotubes-based Memory Set to Power Next- <br />Generation Devices <br />Global Market Prospects &amp; Outlook <br />Competition <br />Nantero, Inc. - The NRAM Technology Patent Holder <br />Recent Market Activity <br /> <br />2. FOCUS ON SELECT PLAYERS <br /> <br />3. MARKET TRENDS &amp; DRIVERS <br />Emergence of Next Generation Memory Technologies to Support <br />Growth of NRAM Market <br />EXHIBIT 3: Global Non-Volatile Memory Market Size (in US$ <br />Billion) for the Years 2020, 2022, 2024 and 2026 <br />Market for Standalone Emerging NVMs to Soar <br />Potential Applications of NRAM Technology Drive Growth <br />Opportunities <br />Digital Transformation &amp; Rise in Data Generation Drive Memory <br />Needs, Fueling NRAM Market <br />EXHIBIT 4: Global Digital Data Created (In Zettabytes) for the <br />Years 2015, 2020, 2025, and 2030 <br />Rising Demand for Powerful, Feature-Rich Consumer Electronics <br />Devices Shifts Focus onto NRAM <br />EXHIBIT 5: Global Opportunity for Consumer Electronics (In US$ <br />Million) for Years 2020, 2022, 2024, 2026 and 2028 <br />Enterprise Networks and System: NRAM to Address Growing <br />Processing Needs of Enterprises <br />Proliferation of Mobile Devices and Rising Storage &amp; Processing <br />Needs Turn Focus onto NRAM?s Use in Mobile Devices <br />EXHIBIT 6: Smartphone Penetration Rate as Share of Total <br />Population: 2016-2021 <br />EXHIBIT 7: Worldwide Shipments of Laptops and Tablet PCs <br />(in Million Units) for the Years 2019, 2021 and 2023 <br />NRAM Delivers High Endurance and Reliability to Wearable Devices <br />EXHIBIT 8: Global Wearables Shipments Breakdown (in %) by <br />Product for 2020 &amp; 2024 <br />NRAM as Memory Class Storage in AI Applications to Prevent <br />Downtime and Data Loss <br />NRAM Emerges as a Memory Solution for Intelligent and Connected <br />Automobiles <br />EXHIBIT 9: Global Number of Connected Cars Shipped (In 000 <br />Units) for the Years 2017, 2019 and 2022 <br />NRAM to Emerge as a Suitable Memory Option for Data Processing <br />Needs of Harsh Industrial Applications <br />EXHIBIT 10: Global M2M/IoT Connections (In Billion) for Years <br />2019, 2021 and 2023 <br />Potential for NRAM as a Replacement for DRAM <br />NRAM Emerges as the Hard Drive Technology, Transforming <br />Computer World <br />Commercialization of NRAM Technology Receives a Boost in <br />Investments from Leading Tech Players <br />Nantero Licenses NanoRAM Technology for Industrialization <br />Innovations Prime NRAM Technology for Commercialization <br />Select Emerging Non-Volatile Memory Technologies Challenging <br />NRAM Market Growth <br />FRAM: Growing Demand for Low Power and Fast Write Memory <br />Solutions Bodes Well for the Market <br />Expanding Application Areas Spearhead Market Growth <br />EXHIBIT 11: Mass Production Enables FRAM to Remain a Viable <br />Alternative to Conventional Nonvolatile Memories: Global <br />Ferroelectric RAM (FRAM) Market in US$ Million for 2019, 2021 &amp; <br />2024 <br />Rising Demand for Sophisticated Electronic Control Systems in <br />Auto Industry Drives FRAM Market <br />Evolving Capabilities Present MRAM as a Promising Memory <br />Technology of the Future <br />EXHIBIT 12: Global Magneto Resistive RAM (MRAM) Market (in US$ <br />Million) for the Years 2020, 2023 &amp; 2026 <br />Phase Change Memory (PCM) Market Poised for High Growth <br />ReRAM Gains Traction as a Low Power and Cost-Sensitive Solution <br />in Next-Generation Memory Market <br /> <br />4. GLOBAL MARKET PERSPECTIVE <br />Table 1: World Current &amp; Future Analysis for NanoRAM by <br />Geographic Region - USA, Canada, Japan, China, Europe, <br />Asia-Pacific and Rest of World Markets - Independent Analysis <br />of Annual Sales in US$ Thousand for Years 2020 through 2027 and <br />% CAGR <br /> <br />Table 2: World 7-Year Perspective for NanoRAM by Geographic <br />Region - Percentage Breakdown of Value Sales for USA, Canada, <br />Japan, China, Europe, Asia-Pacific and Rest of World Markets <br />for Years 2021 &amp; 2027 <br /> <br />Table 3: World Current &amp; Future Analysis for Enterprise Network &amp; <br />Systems by Geographic Region - USA, Canada, Japan, China, <br />Europe, Asia-Pacific and Rest of World Markets - Independent <br />Analysis of Annual Sales in US$ Thousand for Years 2020 through <br />2027 and % CAGR <br /> <br />Table 4: World 7-Year Perspective for Enterprise Network &amp; <br />Systems by Geographic Region - Percentage Breakdown of Value <br />Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and <br />Rest of World for Years 2021 &amp; 2027 <br /> <br />Table 5: World Current &amp; Future Analysis for Embedded Systems <br />by Geographic Region - USA, Canada, Japan, China, Europe, <br />Asia-Pacific and Rest of World Markets - Independent Analysis <br />of Annual Sales in US$ Thousand for Years 2020 through 2027 and <br />% CAGR <br /> <br />Table 6: World 7-Year Perspective for Embedded Systems by <br />Geographic Region - Percentage Breakdown of Value Sales for <br />USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of <br />World for Years 2021 &amp; 2027 <br /> <br />Table 7: World Current &amp; Future Analysis for Other Applications <br />by Geographic Region - USA, Canada, Japan, China, Europe, <br />Asia-Pacific and Rest of World Markets - Independent Analysis <br />of Annual Sales in US$ Thousand for Years 2020 through 2027 and <br />% CAGR <br /> <br />Table 8: World 7-Year Perspective for Other Applications by <br />Geographic Region - Percentage Breakdown of Value Sales for <br />USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of <br />World for Years 2021 &amp; 2027 <br /> <br />III. MARKET ANALYSIS <br /> <br />UNITED STATES <br />Table 9: USA Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 10: USA 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />CANADA <br />Table 11: Canada Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 12: Canada 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />JAPAN <br />Table 13: Japan Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 14: Japan 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />CHINA <br />Table 15: China Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 16: China 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />EUROPE <br />Table 17: Europe Current &amp; Future Analysis for NanoRAM by <br />Geographic Region - France, Germany, Italy, UK and Rest of <br />Europe Markets - Independent Analysis of Annual Sales in US$ <br />Thousand for Years 2020 through 2027 and % CAGR <br /> <br />Table 18: Europe 7-Year Perspective for NanoRAM by Geographic <br />Region - Percentage Breakdown of Value Sales for France, <br />Germany, Italy, UK and Rest of Europe Markets for Years 2021 &amp; <br />2027 <br /> <br />Table 19: Europe Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 20: Europe 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />FRANCE <br />Table 21: France Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 22: France 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />GERMANY <br />Table 23: Germany Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 24: Germany 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />ITALY <br />Table 25: Italy Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 26: Italy 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />UNITED KINGDOM <br />Table 27: UK Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 28: UK 7-Year Perspective for NanoRAM by Application - <br />Percentage Breakdown of Value Sales for Enterprise Network &amp; <br />Systems, Embedded Systems and Other Applications for the Years <br />2021 &amp; 2027 <br /> <br />REST OF EUROPE <br />Table 29: Rest of Europe Current &amp; Future Analysis for NanoRAM <br />by Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 30: Rest of Europe 7-Year Perspective for NanoRAM by <br />Application - Percentage Breakdown of Value Sales for <br />Enterprise Network &amp; Systems, Embedded Systems and Other <br />Applications for the Years 2021 &amp; 2027 <br /> <br />ASIA-PACIFIC <br />Table 31: Asia-Pacific Current &amp; Future Analysis for NanoRAM by <br />Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 32: Asia-Pacific 7-Year Perspective for NanoRAM by <br />Application - Percentage Breakdown of Value Sales for <br />Enterprise Network &amp; Systems, Embedded Systems and Other <br />Applications for the Years 2021 &amp; 2027 <br /> <br />REST OF WORLD <br />Table 33: Rest of World Current &amp; Future Analysis for NanoRAM <br />by Application - Enterprise Network &amp; Systems, Embedded Systems <br />and Other Applications - Independent Analysis of Annual Sales <br />in US$ Thousand for the Years 2020 through 2027 and % CAGR <br /> <br />Table 34: Rest of World 7-Year Perspective for NanoRAM by <br />Application - Percentage Breakdown of Value Sales for <br />Enterprise Network &amp; Systems, Embedded Systems and Other <br />Applications for the Years 2021 &amp; 2027 <br /> <br />IV. COMPETITION <br />Total Companies Profiled: 20<br />Read the full report: <a href="https://www.globenewswire.com/Tracker?data=L__-fSg1jy15FkP09DVE_rmGUy3mNjamjCe0AWYhZisNsGP20Oh8lITMTDyEIeIAgfbTTKN54JYtJ9DAu638k8InbVJErxPdk3_s0vRgkgm5EE994sfPbH-kAAUnRihY1NCmhi7XLhfBt_pT6dCr3Jc4mU2viOTQbv3WYBqtC8bKPoR3sHGM98XTyLwyKBzu" rel="nofollow noopener" target="_blank" title="">https://www.reportlinker.com/p05775548/?utm_source=GNW</a><br /><br />About <a href="https://www.globenewswire.com/Tracker?data=L21IBVHYXW7QY9zJSDfVh3cl8t0g20SqHMX9y_IVTQ_RYvs9X6x603YGyqVUTZuND8JDkPpSNGoUHFggo7Mt6w==" rel="nofollow noopener" target="_blank" title="Reportlinker">Reportlinker</a><br />ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.<br /><br />__________________________<br><br><a href="https://www.globenewswire.com/news-release/2022/01/19/2369088/0/en/Global-NanoRAM-Market-to-Reach-US-290-2-Million-by-the-Year-2026.html">source</a>
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