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2022
Embedded Non-volatile Memory Market

Embedded Non-Volatile Memory Market by Product (eFlash, eE2PROM, FRAM, Others), Industry Vertical (Consumer Electronics, Automotive, Information and Communication Sector, Robotics, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Feb 2022 | 86 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Embedded non-volatile memory is a small-sized chip used to meet a variety of embedded system application. It is primarily used in smart card, SIM card, microcontrollers, PMIC, and display driver IC for the purpose of data encryption, programming, trimming, identification, coding, and redundancy. Manufacturers focus on providing secured eNVMs for MCUs used in IoT-based devices.

Embedded non-volatile memory (eNVM) is a significant technology advancement that has made modern computing systems faster and scalable. Compared to stand-alone flash memories, eNVM technologies have improved in-system re-programmability and made electronics designs more flexible.

 

Report Metric

Details

  Market size available for the years

 

  2020-2030

  Base year considered

 

  2020

  Forecast period

 

 2021-2030

  Forecast unit

 

  Value ($)

  Segments covered

  Product, Industry Vertical, Region

 

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

 

  Companies Covered

 

Global Foundries, United Microcontroller Corporation (UMC), Semiconductor Manufacturing International Corporation (SMIC), HHGrace, Kilopass, eMemory Technology Inc.

 

COVID-19 scenario analysis:

The recent COVID-19 pandemic is expected to impact the global embedded display industry. The entire supply chain got disrupted due to limited supply of parts during the first quarter of 2020. The outbreak of COVID-19 resulted in lockdown measures, which included the shutdown of manufacturing facilities and warehouses and affected the global exports and shipments of various industries. Lockdown measures were announced in several countries across the globe as they got impacted by the COVID-19 pandemic and led to fall in the domestic and export demand for consumer electronics, automotive vehicles, and other industrial equipment and devices in these countries. COVID-19 not only impacted the operations of various embedded memory companies, but also affected the businesses of their partners and distributers.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis 

Compared to stand-alone flash memories, eNVM technologies have improved in system re-programmability and made electronics designs more flexible. The demand for improving the memory density in computers and the need for augmenting the performance of mobile terminals are key factors driving the growth of the embedded non-volatile memory market. The demand for low-voltage electronics products has further boosted the adoption of eNVM technologies. Some of the key applications of embedded non-volatile memory technology are programming, trimming, data encryption, coding, and identification.

Popular eNVM technologies include eFlash, embedded one-time-programmable (eOTP), electrically erasable programmable read-only memory (eE2PROM) and emulated multi-time programmable (eMTP). With the exception of eOTP, all these allow multiple reprogram ability. The proliferation of IoT devices and the growing popularity of cloud-based services in emerging and developed nations are the key developments bolstering the uptake of embedded non-volatile memory technology. Several manufacturers of the technology are exploring a number of end-use segments to gain competitive edge over others. In recent years, the adoption of eNVM technology is proving lucrative for the automotive industry. In addition, the design of advanced robotics systems for integrated memory features is also expected to accentuate the market in the coming years.

In addition, surging adoption of embedded non-volatile memory in place of comparatively bulky and standalone traditional non-volatile memory owing to its higher efficiency and compact architecture is another important factor anticipated to accelerate the demand for embedded non-volatile memory market in the coming years. Additionally, these embedded non-volatile memories are also increasingly used across various automobile applications especially in advanced key less push button start features and in head-up displays. Thus, rising demand for technologically advanced automotive is also expected to create a better opportunity for various embedded non-volatile memory manufacturers in the coming time.

In spite of so many driving factors, higher design cost along with lack of scalability especially in eFlash and eOTP memory is one of the key factors expected to deter the demand for embedded non-volatile memory to a great extent during the forecast period.

Key segments covered:

Segments

Sub segments

 By Product

  • eFlash,
  • eE2PROM,
  • FRAM,
  • Others

 

 Industry Vertical

  • Consumer Electronics,
  • Automotive,
  • Information and Communication Sector,
  • Robotics and Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the embedded non-volatile memory market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the embedded non-volatile memory market growth scenario. 
  • The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the non-embedded volatile memory market research report:

  • Which are the leading market players active in the embedded non-volatile memory market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the embedded non-volatile memory market in the next few years?
  • What are the driving factors, restraints, and opportunities in the embedded non-volatile memory market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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