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Magneto Resistive RAM (MRAM) Market Size

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

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Magneto Resistive RAM (MRAM) Market Size

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

Increasing adoption of digitalization and technological advancement such as Internet of Things (IoT) and cloud computing along with the increasing demand for electronic products are some of the significant factors boosting the market growth.

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Magneto Resistive RAM (MRAM) Market Size & Share, Growth Report 2036

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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