About Memristive Devices For Computing
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Memristive Devices For Computing market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Memristive Devices For Computing Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Memristive Devices For Computing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fujitsu Ltd. (Japan), Avalanche Technology Inc. (United States), Weebit Nano Ltd. (Israel) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Memristive Devices For Computing market by Type (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) and Region.
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.
Influencing Trend:
Fabrication of Smaller Devices due to High Demand in Consumer and Wearable Electronics
Market Growth Drivers:
Consumer Electronics Manufacturers Adopting Memristor Devices, Increasing Demand for High Processing Power and High Memory Density Devices and The emergence of Edge and Cloud Computing
Challenges:
Low Reliability Compared to Conventional Transistor Computers and Requires High Maintenance
Restraints:
More Expensive than Conventional Devices
Opportunities:
Demand for Advanced Memory Technology Solutions will be high because of the Emergence of New Gen Consumer Electronics
Market Leaders and their expansionary development strategies
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.
Key Target Audience
Memristive Devices for Computing Manufacturers, Suppliers, and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.