Press Release

Phase Change Memory Market by Product Type, Application and Geography – Forecast to 2021

Phase

The Phase Change Memory Market report 2019 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Phase Change Memory market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Phase Change Memory market to grow at a CAGR of 83.98% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.

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About Phase Change Memory

Phase change memory (PCM) stores data by changing the state of matter from which the device is fabricated. It can exist in two states and is a reversible structural phase. PCM is known to have a fast read access time, good data retention, and high data density. The design of phase changing materials consists of narrow electrodes called the heater, which is placed between the two electrodes. Chalcogenide is a widely-used material in PCM. When chalcogenide is heated and cooled, it retains an amorphous state. This state is highly resistive and represents a logical 0. When amorphous chalcogenide is heated and then cooled rapidly, it changes to a crystalline state, which is less resistive and is represented as logical 1.

Market analysts forecast the global phase change memory market to grow at a CAGR of 83.98% during the period 2017-2021.

Market driver

  • Increasing demand for data centers and cloud database.
  • For a full, detailed list, view our report

Market challenge

  • Need for high programming current density.
  • For a full, detailed list, view our report

Market trend

  • Emergence of low power consumption memory modules.
  • For a full, detailed list, view our report

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Key Players

  • IBM
  • Micron Technology
  • Samsung Electronics
  • HP and BAE Systems
  • Phase Change Memory Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
    • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, South Africa, etc.)

    Browse Phase Change Memory Market-related details of TOC @https://www.360researchreports.com/TOC/10729232,TOC

    The objective of this Phase Change Memory market research report is: –

    • To provide actionable intelligence alongside the market size of various segments.
    • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
    • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
    • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
    • To track the competitive landscape of the market.

    Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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