North America Memristor Market Size, Share & Trends Analysis Report By Type (Molecular & Ionic Thin Film Memristors and Spin & Magnetic Memristors), By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Memristor Market would witness market growth of 47.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Memristor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,539.3 million by 2031. The Canada market is experiencing a CAGR of 50.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 49% during (2024 - 2031).
Memristors hold the key to unlocking the potential of neuromorphic computing—an emerging field that seeks to emulate the architecture and functionality of the human brain. The idea of synaptic plasticity, which states that the strength of connections between neurons changes with experience, is fundamental to this effort.
Additionally, collaborative initiatives between academia, industry, and government agencies foster interdisciplinary collaboration and knowledge exchange, accelerating progress toward overcoming technical barriers and unlocking the full potential of memristor technology.
North America's telecommunications companies are using edge computing to process data closer to the source, saving bandwidth and latency. With their ability to provide fast and energy-efficient memory, memristors are well-suited for edge computing applications. Telecom companies can leverage memristor technology to develop edge computing solutions that support emerging IoT deployments, smart city initiatives, and other connected services, driving the demand for memristors in North America.
Based on Type, the market is segmented into Molecular & Ionic Thin Film Memristors and Spin & Magnetic Memristors. Based on Industry Vertical, the market is segmented into Consumer Electronics, IT & Telecommunication, Automotive, Healthcare, and Others.Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Sony Corporation
- Toshiba Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Micron Technology, Inc.
- IBM Corporation
- Intel Corporation
- SK Hynix Inc.
- Honeywell International Inc.
- Everspin Technologies, Inc.
By Type
- Molecular & Ionic Thin Film Memristors
- Spin & Magnetic Memristors
- Consumer Electronics
- IT & Telecommunication
- Automotive
- Healthcare
- Others
- 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 Memristor Market, by Type
- 1.4.2 North America Memristor Market, by Industry Vertical
- 1.4.3 North America Memristor 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
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Memristor Market by Type
- 4.1 North America Molecular & Ionic Thin Film Memristors Market by Country
- 4.2 North America Spin & Magnetic Memristors Market by Country
- Chapter 5. North America Memristor Market by Industry Vertical
- 5.1 North America Consumer Electronics Market by Country
- 5.2 North America IT & Telecommunication Market by Country
- 5.3 North America Automotive Market by Country
- 5.4 North America Healthcare Market by Country
- 5.5 North America Others Market by Country
- Chapter 6. North America Memristor Market by Country
- 6.1 US Memristor Market
- 6.1.1 US Memristor Market by Type
- 6.1.2 US Memristor Market by Industry Vertical
- 6.2 Canada Memristor Market
- 6.2.1 Canada Memristor Market by Type
- 6.2.2 Canada Memristor Market by Industry Vertical
- 6.3 Mexico Memristor Market
- 6.3.1 Mexico Memristor Market by Type
- 6.3.2 Mexico Memristor Market by Industry Vertical
- 6.4 Rest of North America Memristor Market
- 6.4.1 Rest of North America Memristor Market by Type
- 6.4.2 Rest of North America Memristor Market by Industry Vertical
- Chapter 7. Company Profiles
- 7.1 Sony Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 Toshiba Corporation
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research and Development Expense
- 7.2.5 SWOT Analysis
- 7.3 Samsung Electronics Co., Ltd. (Samsung Group)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Panasonic Holdings Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 Micron Technology, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 IBM Corporation
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Regional & Segmental Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Intel Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 SK hynix, Inc.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 SWOT Analysis
- 7.9 Honeywell International, Inc.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. Everspin Technologies, Inc.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
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