Emerging memory market revenues to reach $ 20 billion by 2029

Objective Analysis and Coughlin Associates said that by 2029, the revenue of the emerging memory market will reach $ 20 billion, which will bring the revenue of the emerging memory manufacturing equipment market to $ 854 million.
   
According to the "Emerging Memory Upgrade" report provided by Objective and Coughlin, the market will grow by replacing the currently inefficient NOR flash and SRAM memory, and will also replace part of the DRAM market. Emerging memory will be used both as a stand-alone memory chip and as embedded memory in other chips such as microcontrollers, ASICs and even computing processors. Future processes will shrink, and improvements in economies of scale will drive down prices, which will allow emerging memories to more effectively compete with today's most popular volatile and nonvolatile technologies.
 
The report specifically studies MRAM and STT-MRAM technologies, saying that its revenue will increase 170 times from 2018 to 2029, reaching nearly $ 4 billion in revenue. In fact, MRAM memory will enjoy the strongest growth among all emerging storage technologies. In terms of capacity, shipments are expected to grow from approximately 0.1 PB in 2019 to nearly 1 million PB in 2029.
   
This report examines PCM, ReRAM, FRAM, and MRAM as well as various secondary mainstream technologies, explaining everyone's competitive advantages and disadvantages. This detailed publication is a total of 171 pages, providing a complete 1242 maps and 30 tables, including embedded memory on the SoC, independent emerging memory chips such as MRAM and ReRAM, 3D XPoint Memory, and high capital equipment expenditures. Baseline and low forecasts. Forecast new equipment needed to support this transition.