Non-Volatile Dual In-Line Memory Module (NVDIMM) Market growth is being largely propelled by increasing demand for NVDIMM in enterprise storage and large data centers. Besides, the emergence of 5G network technology and surging demand for high-performance computers would further offer a significant need for NVDIMM, thus stimulating the market progression.
A non-volatile dual in-line memory module is a hybrid computer memory that is used to retain data during service. The product is known to offer high-speed DRAM performance in line with flash-backed persistent storage. Apart from providing additional memory tiers in servers, NVDIMM persistence enables applications to continue processing I/O traffic during unexpected or planned system failures.
The global non-volatile dual in-line memory module market is poised to observe hinderance owing to the high deployment costs of the modules and low acceptance of these across various verticals worldwide. However, the constant technological advancements globally are anticipated to open up lucrative growth opportunities for the overall market over the span of 2021-2027.
Based on the product type, NVDIMM-P segment is set to account for significant gains in the overall market space in the coming years. The product is considered to offer a full-transactional interface protocol compatible with standard DRAM DIMMs, along with a programming model for all modules. NVDIMM-P also maximizes both flexibility and re-use by minimizing the system host changes, offering an interface of the lowest latency to the memory, while delivering flexible support for varied persistent memory use cases and media characteristics.
In addition, the product enables abstraction of memory media, plug and play interoperability, persistence, and higher memory capacity, complementing the segmental growth. Various software companies are seeking to introduce novel products in the DIMM-P space, thus accelerating the market penetration. For instance, Synopsys had in 2019, announced developing industry’s first DDR5 NVDIMM-P verification IP for next-gen storage class memory designs.
Market is projected to record substantial growth from the data center application segment, led by rising development of data center infrastructure worldwide. Constant growth in workstations, as well as server infrastructure across different economies, has strengthen the product demand considerably over the recent years. Essentially, NVDIMMs in data centers offer a smaller footprint and high effectivity while simultaneously promising huge profits for the infrastructure.
North America non-volatile dual in-line memory module market would expand at an appreciable pace over the coming years due to robust growth in the software and IT sector across the leading North American economies including the United States, Canada, and others. Moreover, the rising establishment of data centers in the region would further augment the growth scope of market across the North America region.
Some of the prominent faces operating in the global market include Micron Technology, Inc., Viking Technology, SK Hynix, Inc (SK Corp.), Fujitsu Limited (Furukawa Group), AgigA Tech, Inc (Cypress Semiconductor Corporation), and Hewlett-Packard Company, amongst others. These potential market vendors have been working towards novel innovations in the space to consolidate their market position.
The outbreak of novel coronavirus pandemic has had a critical impact on the overall growth of market during 2020. The negative impact on the global semiconductor industry has been laying dramatic influence on the market ever since the infection outbreak, thus bringing down the sales of the modules. Stringent movement restrictions and temporary halts in production facilities imposed by various governments is as well the contributor of the sluggish growth of market.
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