North America Next Generation Non-Volatile Memory Market Size, Share & Trends Analysis Report By Type (High-bandwidth Memory (HBM) and Hybrid Memory Cube (HMC)), By Wafer Size (300 mm and 200 mm), By Application, By Country and Growth Forecast, 2024 - 203

North America Next Generation Non-Volatile Memory Market Size, Share & Trends Analysis Report By Type (High-bandwidth Memory (HBM) and Hybrid Memory Cube (HMC)), By Wafer Size (300 mm and 200 mm), By Application, By Country and Growth Forecast, 2024 - 2031


The North America Next Generation Non-Volatile Memory Market would witness market growth of 16.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Next Generation Non-Volatile Memory Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,668.7 million by 2031. The Canada market is exhibiting a CAGR of 19.1% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 18.1% during (2024 - 2031).

Next generation non-volatile memory (NVM) technologies are transforming various industries by enhancing performance, reliability, and energy efficiency. NVMs, such as Flash memory and MRAM, store operating systems, applications, and user data. Their fast read/write speeds and durability improve device performance and user experience, including quicker boot times and enhanced multitasking capabilities.

SSDs (Solid-State Drives) that incorporate sophisticated NVM technologies provide superior speed and reliability compared to conventional hard drives. They reduce boot times, accelerate application loading, and enhance system responsiveness. Fitness trackers, smartwatches, and other wearable technologies use NVMs to manage and store user data, such as health metrics and application settings. The low power consumption and durability of NVMs are well-suited for these battery-operated devices.

The expansion of telecommunications services in Canada necessitates advanced memory solutions for network equipment such as routers, switches, and communication devices. Next generation NVM enhances the performance and reliability of these critical components. The growth of high-tech manufacturing in Canada, including producing electronic devices and systems, drives demand for high-performance memory solutions. Next generation NVM supports these manufacturing processes by providing reliable and efficient memory.

As Canadian businesses undergo digital transformation, they require advanced memory solutions to support new technologies and applications. Next generation NVM provides the high-speed storage and performance needed for modern enterprise IT systems. Therefore, the expansion of the ICT Industry and rising internet penetration in the region is driving the market's growth.

Based on Type, the market is segmented into High-bandwidth Memory (HBM) and Hybrid Memory Cube (HMC). Based on Wafer Size, the market is segmented into 300 mm and 200 mm. Based on Application, the market is segmented into BFSI, Information Technology, Consumer Electronics, Telecommunications, Government, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • >Samsung Electronics Co. Ltd
  • Micron Technology, Inc.
  • Fujitsu Limited
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • ROHM Co., Ltd.
  • Toshiba International Corporation
  • Intel Corporation
  • Kingston Technology Company, Inc.
  • Kioxia Holdings Corporation
North America Next Generation Non-Volatile Memory Market Report Segmentation

By Type
  • >High-bandwidth Memory (HBM)
  • Hybrid Memory Cube (HMC)
By Wafer Size
  • >300 mm
  • 200 mm
By Application
  • >BFSI
  • Information Technology
  • Consumer Electronics
  • Telecommunications
  • Government
  • Others
By Country
  • >US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Next Generation Non-Volatile Memory Market, by Type
1.4.2 North America Next Generation Non-Volatile Memory Market, by Wafer Size
1.4.3 North America Next Generation Non-Volatile Memory Market, by Application
1.4.4 North America Next Generation Non-Volatile Memory Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Next Generation Non-Volatile Memory Market by Type
5.1 North America High-bandwidth Memory (HBM) Market by Country
5.2 North America Hybrid Memory Cube (HMC) Market by Country
Chapter 6. North America Next Generation Non-Volatile Memory Market by Wafer Size
6.1 North America 300 mm Market by Country
6.2 North America 200 mm Market by Country
Chapter 7. North America Next Generation Non-Volatile Memory Market by Application
7.1 North America BFSI Market by Country
7.2 North America Information Technology Market by Country
7.3 North America Consumer Electronics Market by Country
7.4 North America Telecommunications Market by Country
7.5 North America Government Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Next Generation Non-Volatile Memory Market by Country
8.1 US Next Generation Non-Volatile Memory Market
8.1.1 US Next Generation Non-Volatile Memory Market by Type
8.1.2 US Next Generation Non-Volatile Memory Market by Wafer Size
8.1.3 US Next Generation Non-Volatile Memory Market by Application
8.2 Canada Next Generation Non-Volatile Memory Market
8.2.1 Canada Next Generation Non-Volatile Memory Market by Type
8.2.2 Canada Next Generation Non-Volatile Memory Market by Wafer Size
8.2.3 Canada Next Generation Non-Volatile Memory Market by Application
8.3 Mexico Next Generation Non-Volatile Memory Market
8.3.1 Mexico Next Generation Non-Volatile Memory Market by Type
8.3.2 Mexico Next Generation Non-Volatile Memory Market by Wafer Size
8.3.3 Mexico Next Generation Non-Volatile Memory Market by Application
8.4 Rest of North America Next Generation Non-Volatile Memory Market
8.4.1 Rest of North America Next Generation Non-Volatile Memory Market by Type
8.4.2 Rest of North America Next Generation Non-Volatile Memory Market by Wafer Size
8.4.3 Rest of North America Next Generation Non-Volatile Memory Market by Application
Chapter 9. Company Profiles
9.1 Micron Technology, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.1 Research & Development Expenses
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.3 SWOT Analysis
9.2 Fujitsu Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ROHM Co., Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Kingston Technology Company, Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Kioxia Holdings Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Samsung Electronics Co., Ltd. (Samsung Group)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Honeywell International, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Infineon Technologies AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Toshiba International Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research and Development Expense
9.9.5 SWOT Analysis
9.10. Intel Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis

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