Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Forecasts to 2028 – Global Analysis By Capacity (8GB, 16GB, 32GB), Product Type (NVDIMM-N, NVDIMM-F), Application (High-End Workstation, Networking Equipment) and By Geography
According to Stratistics MRC, the Global Non-Volatile Dual In-Line Memory Module (NVDIMM) Market is accounted for $87.56 million in 2021 and is expected to reach $207.28 million by 2028 growing at a CAGR of 13.1% during the forecast period. A non-volatile dual in-line memory module (NVDIMM) is a type of random-access memory that is capable of retaining information during a sudden computer crash or normal shutdown. During the occurrence of a power cut, the NVDIMM uses its non-volatile memory to store information using an onboard backup power source. NVDIMMs have decreased the dependency on batteries by offering efficient ultra-capacitors, which are more reliable. The NVDIMM is capable of retaining information in its volatile memory for up to 72 hours. They are also capable of enhancing the solid-state drive’s (SSD) reliability and endurance.
Market Dynamics:
Driver:
Growing demand for low latency and high-speed memory modules
Demand for low latency and high-speed memory modules have increased significantly across the globe, owing to data safety issues. System errors and crash, power cuts can cause an organization or an individual loss of vital information, which could lead to major financial losses. To prevent such situations, many people are demanding NVDIMM, which offers low latency and has high-speed memory. In addition, the growing development of IoT, digital services, and connected devices has further increased the amount of data that needs to be stored and secured.
Restraint:
High procurement prices
The non-volatile dual in-line memory module is still at the initial development stage. Since the technology is still at the budding stage, the cost of development and eventually selling price is at the high end. Further, a large portion of the population is still unaware of the benefits of NVDIMM, which negatively impacts the market demand. Also, low storage capacity and limited time storage restrictions are demotivating consumers to use NVDIMM.
Opportunity:
Evolution of the fifth-generation (5G) technology
Fifth-generation cellular technology is under process and in its early development stage across various countries worldwide. The 5G technology will significantly increase the data transfer and also cause a rise in demand for high-performance computers/laptops. Developing network infrastructure and growing fiber optics network will further facilitate bringing 5G technology earlier than expected time. Owed to the rise of 5G technology, a lot of data centers, both small and large scale are planning to open across the cities to provide customers with accurate information at a fast pace. This will create a need to install more stable memory options that have low latency and high-speed memory.
Threat:
Lack of awareness
Huge cost, lack of awareness concerning the advantages offered by the technology, and relatively less storage capacity is some of the major factors hindering the market. Moreover, the global non-volatile dual in-line memory module market is poised to observe hindrance owing to the high deployment costs of the modules and low acceptance of these across various verticals worldwide.
The 16GB segment is expected to have the highest CAGR during the forecast period
The 16GB segment is growing at the highest CAGR in the market due to the growing demand for the higher density of the NVDIMM-N model for faster processing than the earlier memory model. Key market players, such as Viking Technology Inc.; AgigA Tech, Inc.; and Micron Technology Inc. focus on producing 16GB NVDIMM-N, which is anticipated to further contribute to the segment growth.
The 8GB segment is expected to be the largest during the forecast period
The 8GB segment is expected to be the largest share due to high adoption and initial offerings by key players for the datacenter servers. The rising need to process larger data sets in enterprise data centers has surged the demand for a higher capacity of persistence memory. Leading market players are aiming at unveiling new types of hybrid non-volatile dual in-line memory modules with higher storage capacity.
Region with highest share:
North America is projected to hold the largest share in the market the presence of excessive data centers, which has increased the demand for NDIMM systems by a significant rate. The region is also known for being technologically advanced, highly aware, and open to the adoption of new technologies, which has led to a substantial increase in the adoption of NVDIMM across large enterprises.
Region with highest CAGR:
The Asia Pacific is projected to have the highest CAGR in the market. The rise in economic activities in the region has led to setting up multiple enterprises and business houses in the region that generate a huge amount of data daily. Owing to the high amount of data, generation, businesses have started to opt for data centers to reduce operational costs and increase profits. This has led to the opening of multiple large and small scale data centers in the region. This has created a massive rise in demand of NVDIMM systems in the Asia Pacific region.
Key players in the market:
Some of the key players profiled in the Non-Volatile Dual In-Line Memory Module (NVDIMM) Market include Agiga Tech, Inc., Avalanche Technology, Inc., Crossbar, Inc., Everspin Technologies, Inc., Fujitsu Limited, Integrated Device Technology, Inc., Intel Corporation, Micron Technology, Inc., Netlist, Inc., Pericom Semiconductor Corporation, Samsung Electronics Co., Ltd., Sk Hynix, Inc., Smart Modular Technologies, Inc., Super Micro Computer, Inc., Toshiba Corporation, Viking Technology, Inc., and Windawn Technology, Inc.
Key developments:
In October 2020: SK hynix acquired Intel NAND memory business. With this acquisition, SK hynix aims to enhance the competitiveness of its storage solutions, including enterprise SSDs, in the rapidly growing NAND flash space, and further aims to leap forward as one of the leading global semiconductor companies in the industry.
In March 2017: Samsung Electronics completed acquisition of HARMAN. Samsung shares the commitment to the customers and the culture of speed, innovation and execution. Samsung provides HARMAN with the scale, platform and complementary technologies to accelerate growth and extend the global market leadership in automotive, smart audio and connected technologies.
Product Types Covered:
• NVDIMM-N
• NVDIMM-F
• NVDIMM-P
Capacities Covered:
• 8GB
• 16GB
• 32GB and Above
Applications Covered:
• Enterprise Storage and Server
• High-End Workstation
• Networking Equipment
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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