Impact of Covid-19 on 3D XPoint Technology Market 2020|Future Demands, Growth, Revenue and Forecast 2027
Market Research Future published a research report on “3D XPoint Technology Market Research Report- Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast Report to 2027.
Market Research Future (MRFR), in its latest report on the 3D XPoint technology market 2020, reveals different factors that can alter the progress course of the market. A detailed analysis of the impact of COVID 19 outbreak on the 3D Xpoint technology market is offered with the report. 3D Xpoint technology is the next generation memory solutions and is observed to boom in the years to come. As per MRFR study, the global 3D XPoint technology market can rise at 13.7% CAGR across the analysis period. The 3D XPoint technology global market value is expected to reach USD 5 billion by the end of the analysis period. The 3D Xpoint technology is considerably faster than flash memory and is showing significant impact on the big data center. The technology has the ability to churn huge amount data into valuable information required for real time decision making. This is expected to underpin the expansion of the market in the years to come.
Top tech players, such as Intel and Micron are putting efforts in the innovation of this technology with that allows to bridge the market gap present between flash memory and dynamic RAM in terms of storage. In addition, the introduction of 3D XPoint technology offers a whole new framework with transistor-less design and cross over structure that aid in the creation of three dimension board. The growing need to read, write and process data at high speed is expected to boost the expansion of the 3D XPoint technology market across the analysis period
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The segment analysis of the 3D XPoint Technology market is based on by end-user, and storage. The storage based segments of the 3D XPoint Technology market are.5 TB and 750GB. The rise in the application of 5 TB memory solution can boost market rise. The end users based segmented of the 3D XPoint Technology market are Consumer electronics, Telecommunication, Healthcare, Automotive, and Retail. The consumer electronics segment can contribute significantly to the expansion of the market in the years to come. This segment is expected to win high profits for the global 3D XPoint Technology market in the assessment period. As per MRFR study, the extensive rise of the 3D XPoint Technology market in the forecast period can be attributed to the surge in the demand for consumer electronics across the globe.
In North America, the increase in the adoption of 3D Xpoint technology due to the ability of the technology for rapid shifting of selector, fast reading or writing programs, less interval in cross point array, cells in small size, and combing all these aspects; together they make 3D Xpoint technology to offer solutions with greater strength, zero interruption, and speed then flash memory (NAND). This factor can boost the expansion of the 3D Xpoint technology market across the review period in North America region.
In Europe, the increase in the deployment of the technology to store big volume information that make complete use of small space and can curb cost are factors that are expected to boost the expansion of the 3D Xpoint technology market in Europe. In APCA, the rise in the application of modern technologies can underpin the expansion of the regional market. The availability of high tech service for better storage solution to big volume information in small space can impel the expansion of the market across the analysis period.
Intel Corporation (US), Viking Technology (Taiwan), Toshiba Corporation (Japan) ,Adesto Technologies Corporation (US), Sidense Corporation (Canada), Crossbar Inc. (US), Micron Technology (US), Sandisk Corporation (US), Mushkin Inc.
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