Global Non-Volatile Dual In-Line Memory Module Market Expects Thriving Future
The global non-volatile dual in-line memory module (NVDIMM) market draws much of its growth from the rising demand for NVDIMM from data centers and enterprise storages. The superior quality of I/O performance, data security, and latency offered by NVDIMMs is the main factor that has accelerated the global market for NVDIMM.
Transparency Market Research (TMR) has recently published a market study on the global NVDIMM market, determining its overall market value in 2013 to be US$1.35 million. Analysts at TMR expect a giant leap from the market at a whopping CAGR of 139.8% over the period from 2014 to 2020, reaching a remarkable figure of US$570.12 million by 2020.
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Major companies operating in the global NVDIMM market, including Viking Technology, Sk Hynix, Agiga Tech, Micron Technology, Smart Modular Technologies, Netlist, Windawn Technology, Intel, Everspin Technologies, Toshiba Corp., Samsung Electronics, Fujitsu, Super Micro Computer, Crossbar, Avalanche Technology, Pericom Semiconductor Corp., and Integrated Device Technology, are coming up with various strategies for business expansion.
Creating NVDIMM special interest groups is one of the successful strategies leading players have applied in order to accelerate the penetration of this technology. Here is a snapshot of the latest activities by the key players in the global NVDIMM market.