A non-volatile dual in-line memory module (NVDIMM) is a type of random-access memory that is capable of retaining information during a sudden computer crash or normal shutdown. During the occurrence of a power cut, the NVDIMM uses its non-volatile memory to store information using an onboard backup power source. A non-volatile dual in-line memory module offers various benefits like data security, better speed, greater power efficiency, improved system crash recovery time, and high application performance to its users. NVDIMMs have decreased the dependency on batteries by offering efficient ultra-capacitors, which are more reliable. The NVDIMM is capable of retaining information in its volatile memory for up to 72 hours. They are also capable of enhancing the solid-state drive’s (SSD) reliability and endurance.
The non-volatile dual in-line memory module is still at the initial development stage. Since the technology is still at the budding stage, the cost of development and eventually selling price is at the high end. Further, a large portion of the population is still unaware of the benefits of NVDIMM, which negatively impacts the market demand. Also, low storage capacity and limited time storage restrictions are demotivating consumers to use NVDIMM.
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Demand for low latency and high-speed memory modules have increased significantly across the globe, owing to data safety issues. System errors and crash, power cuts can cause an organization or an individual loss of vital information, which could lead to major financial losses. To prevent such situations, many people are demanding NVDIMM, which offers low latency and has high-speed memory. In addition, the growing development of IoT, digital services, and connected devices has further increased the amount of data that needs to be stored and secured. Big data technologies are looking for cost-effective memory systems like NVDIMM, which will create an opportunity for market growth. Also, there has been major growth in the opening of new data centers across the globe, and they require huge amounts of non-volatile memory systems to avoid data losses from a sudden power cut. All these factors have been boosting the market growth and are anticipated to help market growth in the future as well.
Global Non-Volatile Dual In-Line Memory Module (NVDIMM) Market, : Segmentation :
1.By Product Type :
- NVDIMM-F
- NVDIMM-N
2.By Application :
- Enterprise Storage and Server
- High-End Workstation
- Networking Equipment
- Others
3.By Companies Profiled :
- Viking Technology
- AgigA Tech, Inc.
- Micron Technology, Inc.
- Netlist
- SMART Modular Technologies
- Rambus.com
- SK HYNIX INC.
- Intel Corporation
- Hewlett Packard Enterprise Development LP
- SAMSUNG
Key Reasons to Purchase Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Report :
- The report analysis by geography highlights the consumption of the product/service within the region also as indicating the factors that are affecting the market within each region.
- Growing demand for low latency and high-speed memory modules, technological developments, and increased demand for the NVDIMM to drive market growth.
- The report indicates the region and segment that’s expected to witness the fastest growth.
- High procurement prices, lack of awareness, and low storage capacity to hamper the market growth.
- Competitive landscape which includes the market ranking of the main players, along with new product launches, partnerships, business expansions, and acquisitions.
- NVDIMM-N segment will grow at a significant rate, over the forecast period
- The report provides extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the main market players.
- Enterprise storage and servers segment will grow exponentially during the forecast period.
- The report gives the present as well as the future market outlook of the industry regarding recent developments, growth opportunities, drivers, challenges, and restraints of both emerging also as developed regions.
- Small and medium sized enterprises (SME) will grow massively
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Enterprise storage and servers segment are expected to grow exponentially in the NVDIMM market during the forecast period. Enterprise storage and servers generate a huge amount of information on a daily basis, which requires non-volatile memory systems that can operate at high speeds for data storage and safety from unforeseen incidents. Furthermore, business houses and enterprises are majorly hiring large scale data centers to reduce infrastructural costs and increase workplace efficiency. Also, the growing customer information bandwidth, added with the growing number of large-scale and small-scale data centers, is expected to fuel the growth of enterprise storage and server segment.
Regional-level analysis of the top geographies:
North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa).
Reasons to Purchase Non-Volatile Dual In-Line Memory Module (NVDIMM) Market
- The trendy developments, market shares, and strategies that are employed by means of the essential market players.
- The cloud segment will grow exponentially, during the forecast period.
- The segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast period
- Current and future of outlook in the developed and rising markets.
- Regions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast period
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