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 ...