Global Memristive Devices For Computing Market Overview:
Memristive devices are non-volatile memory devices used for the processing power of computing devices. They are basically electrical resistance switches that can retain the internal resistance stage. They are preferred over conventional transistors based integrated circuit because of higher capabilities in terms of storing and processing data at higher speeds. Leon Ong Chua was the first to talk about two-terminal resistance switches. The Programmable Resistance Property of Memristive Devices makes them so special. With the emergence of edge based and cloud computing the demand for higher processing characteristics enabled Memristive devices has gone up. The increase in sales and innovation of new consumer devices has also driven the demand for memristive devices. Geographically, North Korea is one of the major markets because of high investments in the region specifically in research and development. The Asia Pacific is steadily following after North America. Some of the players profiled in the study are Intel Corporation (United States), Panasonic Corporation (Japan), SanDisk Corporation (United States), Micron Technologies Inc. (United States), Samsung Group (Japan), SK Hynix Inc. (South Korea), Toshiba Corporation (Japan), Crossbar, Inc. (United States), 4DS Memory Limited (Australia) and Western Digital Corporation (United States).
On the basis of geography, the market of Memristive Devices For Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Healthcare will boost the Memristive Devices For Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Computing, the sub-segment i.e. In-Memory Computing will boost the Memristive Devices For Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Consumer Electronics Manufacturers Adopting Memristor Devices
- Increasing Demand for High Processing Power and High Memory Density Devices
- The emergence of Edge and Cloud Computing
- Fabrication of Smaller Devices due to High Demand in Consumer and Wearable Electronics
- More Expensive than Conventional Devices
- Demand for Advanced Memory Technology Solutions will be high because of the Emergence of New Gen Consumer Electronics
- Low Reliability Compared to Conventional Transistor Computers
- Requires High Maintenance
Key Market Developments:
In 2019, 4 market leaders in-memory computing which included Crossbar Inc., mtes Neural Networks Corporation (mNN), Robosensing Inc., and Gyrfalcon Technology Inc. announced the formation of an AI consortium. Which is aimed at delivering accelerated but sustainable, energy-friendly AI platforms and standards for large-scale and easy adoption of edge computing and cloud computing.
In 2019, Micron Technology Inc., a US-based one of the market leaders in the manufacturing of computing memory and storage has announced the completion of the acquisition of IM Flash Technologies LLC, which was a semiconductor company jointly formed by Intel and Micron. The acquisition will enable Micron to accelerate the production and research and development of advanced 3D XPoint chips.
Memristive Devices for Computing Manufacturers, Suppliers, and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Memristive Devices For Computing market on the basis of product [Resistive Switching Memristors, Phase‐Change Memristors, Spintronics Memristors and Ferroelectric Tunnel Junction Memristors] , application [Spiking Neural Networks, Non-Volatile Memory Systems, Programmable Logic and Signal Processing Systems, Artificial Neural Networks and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Memristive Devices For Computing market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Memristive Devices For Computing industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Fujitsu Ltd. (Japan), Avalanche Technology Inc. (United States) and Weebit Nano Ltd. (Israel).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Memristive Devices For Computing market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.