Next Generation Memory Technologies Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2013 - 2019
- Written by Wayne Collins
The market is experiencing a rise in demand for emerging memory technologies. This is due to significant growth in demand for faster, highly scalable and low power memories. Moreover, high volatility in prices of existing memories is compelling market players to search for newer memories that can provide higher profit margin. North America occupied 41.2% of the total market in 2012. Growth in Asia Pacific region is led by demand from Japan, China and South Korea. Besides computers and mass data storage, portable consumer electronics is becoming more computationally intensive driven by the rise of smart phones in this region and is giving rise to demand for newer memory technologies.
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