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Global Market for Nanomemory Expects to Reach $15.4 Billion by 2015

Published on June 22, 2009 at 3:20 AM

GIA announces the release of a comprehensive global report on Nanomemory market. Nanomemory is a technology that is capable of providing efficient memory storage solutions for new age devices. The technology is expected to receive a breakthrough in near future, as traditional storage solutions fail to scale up to increasing memory storage requirements. Consequently, the global market is expected to reach $15.4 Billion by 2015.

Present day memory storage devices are facing increasing requirements of higher write/read speed and storage capacity, and are inching towards stagnation in capabilities for scaling-up silicon technology. Growing popularity of disposable electronic products such as electronic greeting cards, RFID tags, electronic tickets, and smart cards among others has also increased the need for improved memory options. Nanomemory is one such technology that is capable of providing efficient memory storage solutions for new age devices. Nanomemory options would also be capable of meeting pervasive computing requirements such as low cost, high-speed memory for sensors and smart cards, and non-volatile and high capacity memory for handheld devices and mobile computers. These requirements can be efficiently fulfilled by nanomemory options.

The global market for nanomemory is expected to reach $15.4 billion by 2015, as stated by the new market research report. MRAM is predicted to emerge as a suitable replacement for Flash/SRAM combo and battery supported RAM. Holographic memory is also expected to emerge as a strong contender for providing memory solutions for consumer video market and high-end data storage.

Nanotubes, utilized particularly in memory chips, integrated chips, optoelectronics and displays, nano memory cards, and removable molecular memory media are nanotechnology based memory storage devices that are likely to be employed in electronics.

Key market participants in the global nanomemory market include Advanced Micro Devices, California Molecular Electronics, Cavendish Kinetics, Colossal Storage, Cypress Semiconductor, Everspin Technologies, Fujitsu, Hewlett-Packard Development, Hitachi, Honeywell International, International Business Machines, Infineon Technologies, Intel, Nanochip, Nanosys, Nantero, Ovonyx, Ramtron International, NVE Corporation, Samsung Electronics, SanDisk, STMicroelectronics NV, Texas Instruments, ZettaCore.

The report titled "Nanomemory: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of key market trends, product introductions/innovations, profiles of major players, and recent industry activity. The study presents extensive commentary on various types of nanomemory technologies, and provides long-term projections for global nanomemory market.

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