MRAM is a type of nonvolatile memory, which uses magnetic charge to store data. The primary advantage of MRAM is that it retains data when power is turned off. MRAM requires only a small amount of electricity to be able to store data bits.
Technavio’s analysts forecast the global MRAM market to grow at a CAGR of 44.63% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global MRAM market for 2018-2022. To calculate the market size, the report considers the number of unit shipments of MRAM.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global MRAM Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver • Low-power consumption • For a full, detailed list, view our report
Market challenge • Memory density issue • For a full, detailed list, view our report
Market trend • Integration of MRAM in smartphone market • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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