Growing Need for Embedded Intelligence in Line With the Proliferation of Pervasive & Ubiquitous Computing Trends to Drive Demand for NanoRAM as the Basic Intelligence Component in Computing & Communication

Worldwide market for NanoRAM is projected to reach US$1.5 billion by 2025, driven by growing need for high speed, high density, high endurance and high performance memory technology to meet the emerging memory needs of next generation devices.

As the Internet, networking and computing technologies become integral part of daily lives of people and in the business world, the amount of digital information being generated is driving focus onto storage and memory solutions that can ensure safety, reliability, and faster access and processing of data. With present day memory storage devices coming under immense pressure to provide higher write/read speed and storage capacity but confronting challenges due to stagnation in scaling-up capabilities, the importance of next generation of non-volatile memories (NVMs) continues to increase. The emergence of advanced storage technologies such as 3D XPoint, NRAM, MRAM, and SONOS will present significant growth opportunities for the NVM market in the upcoming years. NRAM has emerged as an option to address the limitations of existing non-volatile memories, as it non-volatile, possesses infinite endurance, and more importantly is as fast as DRAM.

Also referred to as NRAM, NanoRAM or Nano-memory RAM is a type of nonvolatile random-access memory technology based on carbon nanotubes (CNT). Developed by Nantero Inc., a nanotechnology company, NRAM leverages advancements made in CNT technology. NRAMs have potential use as storage-class memory, with possible uses in servers, enterprise storage systems, and enterprise systems. NRAMs can also be utilized in mobile devices as replacement for DRAM or as a supplementary memory solution for DRAM, thus enabling significant increase in the battery life. Among the forecast applications will be the use of NRAM in the form of both standalone storage class memory as well as embedded memory solution.

Nano RAM technology is expected to be highly disruptive to enterprise servers, enterprise storage, and consumer electronics sectors, specifically when compared to flash memory, and will facilitate several innovations in these areas. 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. Such customization of NRAM technology will enable development of several applications including autonomous IoT sensors, embedded ASICS for automobiles, and memory for smartphones, among others. As a result of these capabilities, NRAM is expected to be an ideal memory option for handheld as well as household computer applications such as wearables, home automation and car automation, among others. Advancements in NRAM space are expected to lead to the development of novel tech gadgets over the upcoming years, but will also lead to stiff competition among memory technologies.

As stated by the new market research report on NanoRAM, NRAM technology is scheduled for commercialization in 2019, with most growth in the upcoming five years expected from its use in embedded systems market. Nantero has already installed NRAM in several production fabs. Though commercialization efforts have faced several development delays over the years, NRAM’s compatibility with existing CMOS fabs, which eliminates the need for new processes or tools to be developed for manufacture, along with the ability to scale below 5nm presents NRAM as a high potential technology for mass customization to multiple tasks. With Nantero licensing its patent-protected NRAM technology to foundry operators, there will be a significant reduction in the price of chips.

The research report titled “NanoRAM  - Market Analysis, Trends, and Forecasts” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as North America, Europe, Asia-Pacific, Middle East, and Rest of World.

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