Yole Developpement sees $4.6 billion in sales of MRAM, RRAM and PCM memories generating $4.6 billion in 2021
Yole Developpement says that emerging Non-Volatile Memories (NVM) will generate $53 million in sales in 2015, but the market will grow quickly to $4.6 billion 2021. That's a CAGR of 110%!
The market is still limited to niche markets due to the limited densities, but this will change in the near future, and Yole says that the clear go-to market for emerging-NVM will be storage-class memory. High-capacity SCM applications will use either phase-change memory or RRAM memory, while applications that require high endurance and speed will adopt STT-MRAM memories.