Phase Change Memory Market: Challenges Impacting The Market Growth of Semiconductor & Electronics sector till 2023

Phase Change Memory

The Phase Change Memory Market report presents the industry survey, product description, price, variety of applications, market demand, market volume and market development forecast from 2018-2023 in Semiconductor & Electronics sector. The market is divided according to regions, product classification, and Phase Change Memory application. The keyword is reviewed based on growth factors, risk assessment, Phase Change Memory Industry dynamics, and emerging market sectors. This report also shed lights on Phase Change Memory development opportunities and threats to the market growth. Industry experts project Phase Change Memory market to grow at a CAGR of 83.98% during the period 2018-2023.

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About Phase Change Memory

Phase change memory (PCM) stores data by changing the state of matter from which the device is fabricated. It can exist in two states and is a reversible structural phase. PCM is known to have a fast read access time, good data retention, and high data density. The design of phase changing materials consists of narrow electrodes called the heater, which is placed between the two electrodes. Chalcogenide is a widely-used material in PCM. When chalcogenide is heated and cooled, it retains an amorphous state. This state is highly resistive and represents a logical 0. When amorphous chalcogenide is heated and then cooled rapidly, it changes to a crystalline state, which is less resistive and is represented as logical 1.

Market analysts forecast the global phase change memory market to grow at a CAGR of 83.98% during the period 2017-2023.

Phase Change Memory Market Trend, Challenge and Driver: –

Market driver

  • Increasing demand for data centers and cloud database.
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Market challenge

  • Need for high programming current density.
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Market trend

  • Emergence of low power consumption memory modules.
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Phase Change Memory market potential is analyzed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Phase Change Memory industry. Further, the Phase Change Memory market report focuses on global major leading industry players with information. Key vendors operating in Phase Change Memory market space are  IBM, Micron Technology, Samsung Electronics, HP and BAE Systems

Geographic Segmentation of Phase Change Memory Market: –

  • North America (The United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America (Brazil, Argentina, Colombia)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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The objective of this Phase Change Memory market research report is: –

  • To provide actionable intelligence alongside the Phase Change Memory market size of various segments.
  • To detail major factors influencing the Phase Change Memory market (drivers, opportunities, industry-specific challenges, and other critical issues).
  • To determine the geographic breakdown of the Phase Change Memory market in terms of detailed analysis and impact.
  • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming Phase Change Memory market segments.
  • To track the competitive landscape of the market.

Table of Contents included in Phase Change Memory Market Report –
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction– Market outline

PART 05: Market landscape – Market overview, Market size, and forecast, Five forces analysis

PART 06: Market segmentation by end-user industry

PART 07: Market segmentation by application

PART 08: Geographical segmentation – Phase Change Memory market in APAC, Europe, North America & ROW

PART 09: A Decision framework

PART 10: Drivers and challenges – Market drivers, Market challenges

PART 11: Market trends – Rising variety, Increasing use of Phase Change Memorys

PART 12: Vendor landscape – Competitive scenario, Other prominent vendors

PART 13: Key vendor analysis

PART 14: Appendix

List of abbreviations

List of Exhibits