3D XPoint Technology Market
3D XPoint Technology Market, By Storage Type (750GB, 1.5 TB), By End-User (Telecommunication, Consumer electronics, Automotive, Healthcare, Retail) - Forecast 2022
The prominent players in the product life cycle management market are- Intel Inc. (U.S.), Micron (U.S.) among others.
In this rapidly changing environment, technology needs are ever-increasing. The market trend towards the higher requirement of miniaturization has driven the 3D XPoint Technology market.
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The 3D XPoint Technology architecture comprises Cross Point Array Structure, Fast Switching Cell, and Selector which in result enhances the performance. The 3D Xpoint technology provides high-performance, high-endurance, and high-capacity storage and memory at an affordable cost which in result are the key drivers for the 3D Xpoint technology. The fast switching material makes it faster and ceasing the use of transistor decreases the cost. The interface limitation is the major challenge faced by the 3D XPoint Technology market.
In March 2017, as the news Micron and Intel have launched their products with the 3D Xpoint technology. Intel is marketing the 3D Xpoint technology in their products as Optane technology. Micron has launched its QuantX™ technology based on 3D Xpoint technology.
The 3D XPoint Technology Market is growing rapidly over 13.5% of CAGR and is expected to reach USD 5.0 billion by the end of the forecast period. Fast speed, high efficiency in the process and ability to provide the overall information and initiate early-stage development for the products are the major driving factors of this market.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The 3D XPoint Technology Market Research Report -Forecast to 2022”.
3D XPoint Technology Market Segmentation
The 3D XPoint Technology Market has been segmented on the basis of end-user and storage type. By the end-user segment, it’s been observed that the consumer electronics industry would expect a substantial increase in 3D XPoint Technology market. The study indicates that further development and advancement of 3D XPoint Technology would show significant growth of the market in other industries as automotive, healthcare and others.
Market Research Analysis
Regional analysis for 3D XPoint Technology market is studied in different geographic regions as Americas, Europe, Asia-Pacific and the Rest of the world. It has been estimated that the North America region would account for a larger share in the 3D XPoint Technology sector followed by the Asia-Pacific region.
Asia-Pacific countries like China, Japan, and Korea have the maximum number of electronic manufacturing companies which is the primary growth driver for the Asia-Pacific region.
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