1. Market Research
  2. > ICT
  3. > IT Hardware
  4. > Computer Hardware Market Trends
Global Memristors Market - Growth, Trends, and Forecast (2019 - 2024)

Global Memristors Market - Growth, Trends, and Forecast (2019 - 2024)

  • September 2019
  • 147 pages
  • ID: 5821492
  • Format: PDF
  • By Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

Market Overview
The memristors market was valued at USD 278.05 million in 2018 and is expected reach USD 8879.25 million by 2024 to register a CAGR of 52.7% during the forecast period 2019 - 2024. Memristors find applications in non-volatile memory solutions, low power, and remote sensing applications. They are expected to replace transistors that are currently used with much smaller solid-state memristors.

- The market has seen a series of developments happening over the course of 50 years, and the duration between 2007 and 2015 was the peak in terms of innovation for this market. During this period, companies, like Panasonic, Intel, and Micron, were able to continue to innovate in this field, while industry pioneers, like HP and Sharp, gave up on the further development of this technology.
- Memristor-based memories have been considered in the bigger prospect to replace CMOS in the storage class memory, as they are capable of outstanding performance, such as fast write speed, low power consumption, great scalability, three-dimensional integration, low cost, and compatibility with the CMOS fabrication process.
- RRAM has seen the most development among all the memristor-based technologies. RRAM has the highest number of papers published and the greatest number of patents granted and pending as well. The relatively new player, 4DS, had 28 patents and 11 more patents pending as of September 2019.
- Given the promising features to improve power saving, performance, bandwidth requirement, and space-saving augmented with data transfer rate, memristors are expected to become a mainstream product by the end of the forecast period.

Scope of the Report
Memristors are basic circuit elements, the resistance value of which changes depending on the direction in which electric current is flowing through it. It can also be said that memristors are resistors that possess the property of memory.

Key Market Trends
Electronics Segment to Witness Significant Market Growth

- The requirements for high-speed performance are continuously increasing in the consumer electronics sector, owing to the rising need for memory density and high processing power, while maintaining the cost as well, thus driving the demand for Memristor devices.
- The adoption of memristors in the consumer electronics sector is mainly driven by wearable and connected devices that are expected to witness a huge demand during the forecast period. Cisco Systems estimates that the number of connected wearable devices worldwide might reach 1,105 million units by 2022 from 593 million units in 2018.
- A memristor computer is much better than conventional transistor computers. This experimental-scale computer had more than 5,800 memristors. However, a commercial computer could have millions of memristors.
- The arrival of higher graphics systems further drives the need for better processing speeds. Owing to these trends, the adoption rate of memristors is expected to increase during the forecast period. Graphics double data rate type five synchronous (GDDR5) RAM was the industry standard in the consumer electronics sector in the past decade.

North America to Hold the Largest Market Share

- North America is one of the most significant markets for memristor, owing to the high rate of investment in R&D by local players, along with the highly informed integrator base of memristor component, when compared to other regions.
- Many of the prominent market players are US-based, and the country is also one of the most prominent contributors to a majority of the applications of memristors, including neuromorphic computing, automotive, flexible electronics, IoT, edge computing, and industrial robotics in the recent past.
- The region’s investment in markets, like edge computing and system on-chip (SoC) is significantly higher, when compared to other parts of the world. For instance, a US-based company, CenturyLink, announced in August 2019 that the company is planning a "several hundred-million-dollar investments" in an edge compute network, starting with 100 initial locations across the United States.
- The developments and innovations in the regional neuromorphic computing, edge computing and storage memory market, especially by local players, is anticipated to augment the market growth for the memristor technology not only in the region but also globally. Also, it will expand its industrial adoption across various end-user industries.

Competitive Landscape
The memristors market is highly competitive and consists of several players. Few players currently dominate the market, however, with the advancements in the non-volatile memory segment, most of the companies are increasing their market presence, thereby tapping the various end-user segments.

- August 2019 - 4DS Memory Limited was granted its 22nd patent in the United States: “Resistive Memory Device Having a Retention Layer”. The invention relates to the company’s in-house, developed, and fully-owned Interface Switching ReRAM technology, and specifically to its operation as a high-speed Storage Class Memory, as announced on June 13, 2017 – “4DS ReRAM Reaches Read Speed Comparable to DRAM”.
- February 2019 - Crossbar Inc. and Robosensing Inc. announced an AI consortium, which may deliver a vastly accelerated, power-saving AI platform and standard that enables new, AI-rich capability for edge computing, gateways, cloud, and data centers.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client’s requirements
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off

($4250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Europe SLC NAND Flash Memory Market to 2027 - Regional Analysis and Forecasts by Type, Application, Density

Europe SLC NAND Flash Memory Market to 2027 - Regional Analysis and Forecasts by Type, Application, Density

  • $ 3000
  • September 2019

The Europe SLC NAND flash memory market accounted for US$ 250.5 Mn in 2018 and is expected to grow at a CAGR of 4.1% over the forecast period 2019-2027, to account for US$ 375.9 Mn in 2027. The growing ...

Next Generation Memory Market - Growth, Trends, and Forecast (2019 - 2024)

Next Generation Memory Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • September 2019

Market OverviewThe global next generation memory market was valued at USD 2465.5 million in 2018, and is expected to reach a value of USD 9624.5 million by 2024, registering a CAGR of 29.7%, during the ...

Worldwide Hard Disk Drive Component Forecast, 2019-2023

Worldwide Hard Disk Drive Component Forecast, 2019-2023

  • $ 4500
  • October 2019

This IDC study analyzes the hard disk drive component market for the period from 2019 to 2023."The demand for critical HDD components has declined over the past decade -- yet, by 2023, HDD market and industry ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on