Phase change memory (PCM) stores data by changing the state of matter from which the device is fabricated. It can exist in two states and is a reversible structural phase. PCM is known to have a fast read access time, good data retention, and high data density. The design of phase changing materials consists of narrow electrodes called the heater, which is placed between the two electrodes. Chalcogenide is a widely-used material in PCM. When chalcogenide is heated and cooled, it retains an amorphous state. This state is highly resistive and represents a logical 0. When amorphous chalcogenide is heated and then cooled rapidly, it changes to a crystalline state, which is less resistive and is represented as logical 1.
Technavio’s analysts forecast the global phase change memory market to grow at a CAGR of 83.98% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global phase change memory market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of different PCM technologies.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Phase Change Memory Market 2017-2021, 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.
Key vendors - IBM - Micron Technology - Samsung Electronics
Other prominent vendors - HP - BAE Systems
Market driver - Increasing demand for data centers and cloud database. - For a full, detailed list, view our report
Market challenge - Need for high programming current density. - For a full, detailed list, view our report
Market trend - Emergence of low power consumption memory modules. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 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? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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