MRAM exceed performance, when compared to traditional NAND, and are much faster, consume lesser power, and are capable of retaining data, even in the absence of power. These memories provide immense scope for growth and have rapid reading and writing capabilities, as compared to DRAMs and SRAMs.
- Advertising -
The global Magneto Resistive RAM (MRAM) market size was valued at USD 307.5 million in 2016 and is presumed to gain traction over the forecast period. The increasing demand for wearables and flexible electronic products is expected to drive the growth for this sector.
These electronic products require flexible magnetic memories for processing and storing of data.
Download sample pages of this report: www.researchnreports.com/request_sample.php?id=72786
MRAM exceed performance, when compared to traditional NAND, and are much faster, consume lesser power, and are capable of retaining data, even in the absence of power.
- Advertising -
In the coming years, the global market is expected to experience an accelerating growth rate, as it holds the potential to replace flash memory and other electrically erasable programmable read-only memory (EEPROM).
The introduction of new products, for embedded and standalone memories, is expected to offer an opportunity for growth, owing to their use in a variety of applications in the enterprise, consumer electronics, robotics, aerospace & defense, and industrial sectors, among others. The Spin Tunnel Torque MRAM (STT) products are expected to contribute to a majority of the growth of the market.
Access This Report: www.researchnreports.com/ask_for_discount.php?id=72786
The second-generation STT occupied a significant market share in the year 2015. This technology is predicted to remain as the preferred choice, owing to its capability of supporting a variety of applications.
Moreover, perpendicular Magnetic Tunnel Junction (pMTJ) STT are expected to make major contributions to the industry. This technology is to be launched, in the year 2017, by Everspin Technologies, Inc.
The market size for toggle type technology is expected to reach USD 1,197.5 million by 2025.
Category: Market Research Publishers and RetailersCompany about: Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on ...
For more information: