Global Non-volatile Dual In-line Memory Module Market by Product (NVDIMM-P, NVDIMM-N, NVDIMM-F) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

The market for non-volatile dual-in-line memory modules was worth USD 912.9 millions in 2019. It is projected to grow at a compound annual rate (CAGR of 39.7%) between 2020 and 2027. The market is expected to grow rapidly due to the rising demand for nonvolatile memory in data center applications, which can protect data from sudden power outages. The non-volatile dual-in-line memory module (NVDIMM), also known as non-volatile Random access Memory (RAM), is a type of non-volatile random-access memory (RAM). This memory has the advantage of providing a secure data backup solution in case of unexpected power loss in a storage device.

The non-volatile dual-in-line memory module is primarily composed of a combination DRAMs, a NAND Flash, NVDIMM Controller, and a super capacitor. A super capacitor has been used to store the data from DRAM to NAND flash during a service outage. The super capacitor is reset to zero once the data transmission has been completed. The DRAM data is then restored from NAND flash when power is restored. This non-volatile storage also provides enterprises with fast access to storage benefits that can help them improve their next-generation storage or server platforms. It is expected that it will also drive the adoption of nonvolatile dual-in-line memory modules for enterprise storage applications over the next seven year.

The demand for high-performance computing has increased substantially with the advancement of 5G technology. Edge computing is also becoming more popular due to the increasing deployment of 5G network infrastructure. It is likely that small data centers will be more common near customers' locations. Many companies choose to use NVDIMM instead of traditional RAM to improve the performance of these data centers. The growth of the global market is expected to be boosted by the rapid construction of enterprise data centers.

The global pandemic of COVID-19 continues to hinder the production and trade of many electronic and semiconductor products. This can be attributed to temporary closures of international borders and manufacturing facilities in key countries like India, China, South Korea, Japan, and South Korea. A notable drop in non-volatile dual line memory sales and global demand has been observed. Market growth will also be affected by rising tensions between two large economies. This includes the imposition of high tariffs from the U.S. on many electronic products imported directly from China.

Product Insights

NVDIMM-N dominated non-volatile dual-in-line memory module market in terms of value with a 72.5% share in 2019. This is due to product advantages like high agility and low latency, which are superior to NVDIMM–F memory. The JEDEC Solid State Technology Association is a standard body for microelectronics industry. NVDIMM can be divided into three types: NVDIMM, NVDIMM, and NVDIMM, respectively. NVDIMM N combines traditional flash memory and dynamic RAM in a single module. The latency is 10 ^-8 seconds for data recovery in case of power loss. However, the slow speed of NVDIMMF and high latency (10 ^{to -5} second) has slowed its adoption in developed countries like the U.S. and U.K.

The NVDIMM N model does not have the ability to store 32GB of information. Key market players like Samsung Electronics Co. Ltd. and Intel Corporation plan to introduce NVDIMM–P storage devices that offer greater capacity and faster speeds. This category is currently not available on the market. It will be available in the U.S. by 2020, and in other countries by 2021. These factors will contribute to segment growth during the forecast period.

Capacity Insights

The 16GB segment was the most valuable in terms of market share, exceeding 45% in 2019. The growing demand for NVDIMM N models with higher density for faster processing speed than older memory models is responsible for this high market share. AgigA Tech Inc., Micron Technology Inc., and Viking Technology Inc. are key market players. They focus on producing 16GB of NVDIMM–N which will further support segment growth.

Due to the high adoption of datacenter servers and their initial offerings, the 8GB capacity segment held a significant market share in 2019. A higher capacity persistent memory is needed to handle larger data sets in enterprise data centres. Market leaders are working to introduce new hybrid non-volatile dual-in-line memory modules that have higher storage capacities. Companies will benefit from the increased capacity of persistent memory to increase their server's performance as well as overall operational efficiency. This will increase the 32GB segment growth during the forecast period.

End-use Insights

With a market share of over 80%, the enterprise storage and server segment was the most valuable in terms of market value. This is due to the widespread adoption of the non-volatile dual in line memory module, which allows for rapid building of data centers around the world. Large businesses are also moving to large-scale data centers in order to lower infrastructure costs and gain economies of scale. The cloud-based businesses that are growing rapidly will be able to take a significant market share in this segment by 2027.

Additionally, data center storage capacity has grown by approximately 5X over the past five years. In the same time period, hyper-scale data center numbers have increased at a rate of more than 80%. The growing data bandwidth of consumers and the increase in hyper-scale data centres are expected to drive the growth of the enterprise storage segment and the server segment at an unprecedented rate over the next seven years. Global market growth will also be driven by the increasing demand for high-end workstations to perform better.

Regional Insights

With a 37.6% revenue share in 2019, North America was the dominant market. The large number of top players, such as Micron Technology Inc. and Viking Technology Inc., has contributed to this significant market share. Non-volatile dual-in-line memory modules have seen an increase in adoption due to the large number of data centers in America (around 1800). The region is expected to see significant growth due to its high technology adoption by large enterprises in order to improve server and storage performance.

Asia Pacific is expected to experience a strong CAGR during the forecast period. Regional market growth will be driven by the presence of key electronics goods manufacturing countries like South Korea, Japan, and China. In emerging countries like India and China, businesses are quickly moving to the cloud to reduce operational costs and increase revenue. This has created a huge demand for data centers in this region. AWS and Oracle Corporation, two of the leading cloud providers, are investing significant amounts in Asia Pacific to stimulate market growth.

Market Share Insights & Key Companies

Five key players account for more than 50% of the market's total revenue in 2019. The key players are keen to establish partnerships and make agreements in order to create new products. Netlist, Inc. signed a five-year license agreement in November 2015 with Samsung Electronics Co., Ltd. for the development and production of NVDIMM–P memory. This module will use Samsung's NAND flash and DRAM memory. This deal saw Netlist, Inc. receive USD 23 million from Samsung.

Leading players are also looking to launch a high-capacity product to increase their customer base and product portfolios. Micron Technology Inc. released a new model for NVDIMMN in 2017 with a high storage density (32GB). This memory has twice the capacity of 16GB. This memory allows for faster processing of large data sets. It will also increase the performance of data centers in applications like online transactions and data analysis. The market for non-volatile dual-in-line memory modules is dominated by the following players:

• Viking Technology Inc.

• AgigA Tech, Inc.

• Micron Technology Inc.

• Netlist, Inc.

• Smart Modular Technologies, Inc.

• Rambus Inc.

• Sk Hynix, Inc.

• Intel Corporation

• Hewlett Packard Enterprise Development LP

• Samsung Electronics Co. Ltd.

Up Market Research published a new report titled “Non-volatile Dual In-line Memory Module Market research report which is segmented by Product (NVDIMM-P, NVDIMM-N, NVDIMM-F), By Players/Companies  Rambus Inc, AgigA Tech Inc, Viking Technology Inc,  Sk Hynix Inc,  Intel Corporation, Smart Modular Technologies Inc, Hewlett Packard Enterprise Development LP, Micron Technology Inc, Samsung Electronics Co Ltd , Netlist Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Non-volatile Dual In-line Memory Module Market Report Segments:

The market is segmented by Product (NVDIMM-P, NVDIMM-N, NVDIMM-F).

Non-volatile Dual In-line Memory Module Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Non-volatile Dual In-line Memory Module Market

Overview of the regional outlook of the Non-volatile Dual In-line Memory Module Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Non-volatile Dual In-line Memory Module Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Non-volatile Dual In-line Memory Module Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. NVDIMM-P

                2. NVDIMM-N

                3. NVDIMM-F

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Non-volatile Dual In-line Memory Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Non-volatile Dual In-line Memory Module Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.