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Magneto Resistive RAM (MRAM) Market Analysis

  • Report ID: 2622
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Magneto Resistive RAM (MRAM) Market Analysis

The market is segmented by application into consumer electronics, aerospace and defence, robotics, enterprise storage, automotive and others. Among these segments, the segment for consumer electronics is anticipated to grow at the highest rate in the magneto resistive RAM (MRAM) market as a result of increasing adoption of smartphones, laptops, electronic wearables and digital cameras which utilize advanced memory devices to ensure low energy consumption and reduce the boot up time. 

Our in-depth analysis of the global market includes the following segments:

 

           By Technology
  • Toggle
  • Spin-Transfer Torque

             By Product
  • Discrete
  • Embedded

 

 

           By Application
  • Consumer Electronics
  • Aerospace and Defense
  • Robotics
  • Enterprise Storage
  • Automotive
  • Others
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 2622
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of magneto resistive RAM is estimated at USD 1.97 billion.

Magneto Resistive RAM (MRAM) Market size was over USD 1.32 billion in 2023 and is anticipated to cross USD 682.03 billion by 2036, growing at more than 61.7% CAGR during the forecast period i.e., between 2024-2036.

North America industry is predicted to dominate majority revenue share by 2036, as enterprises are shifting towards data centres in order to reduce the cost of technology infrastructure and to achieve faster computation, lesser power consumption and better scalability.

The major players in the market are Intel Corporation, Hewlett Packard Enterprise Development LP, Everspin Technologies Inc., Qualcomm Technologies, Inc., Avalanche Technology, Honeywell International Inc., NVE Corporation, Toshiba Corporation, Crocus Nano Electronics LLC, Infineon Technologies AG, and others.
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