The Next Generation Memory Market size is estimated at USD 6.96 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 28.90% during the forecast period (2024-2029).
The Next-Generation Memory Market is fragmented, as the market is highly competitive and consists of several major players. The competitive rivalry in this industry primarily depends on sustainable competitive advantage through innovation, levels of market penetration, and the power of competitive strategy. Since the market is capital-intensive, the barriers to exit are also high. Some of the key players in the market are Intel Corporation, Toshiba Corporation, Fujitsu Ltd., etc.
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