The integration of these memory technologies allows NVDIMMs to achieve speed and endurance of DRAM along with the data retention characteristics of NAND flash memory. Thus, NVDIMMs are persistent memory modules with high speed and low latency.
The global non-volatile dual inline memory module market is expected to exhibit a solid CAGR of 12.4% in the 2017-2025 forecast period. The market’s revenue is likely to more than double over the forecast period, with the market’s 2017 valuation of US$72.6 mn expected to rise to more than US$184 mn by 2025.
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Superior capabilities offered by NVDIMMs in terms of I/O performance, latency, and data security have fueled adoption of this technology, especially in data sensitive critical applications. Rising demand for NVDIMMs from data centers and enterprise storage applications is expected to fuel the market momentum in the coming years.
In addition, formation of the ‘NVDIMM Special Interest Group’ by leading vendors to accelerate penetration of the technology is also anticipated to have a positive impact on the growth of this market during the forecast period. Furthermore, as the technology matures and with the development of DDR4 NVDIMM standards, it is expected to witness widespread acceptance in different verticals including defense and aerospace, medical electronics, and consumer electronics, among others.
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NVDIMM-N Units Likely to Dominate NVDIMM Market
Among the different types of NVDIMM products available in the market, the global NVDIMM market was dominated by NVDIMM-N type in 2016, which is anticipated to maintain its dominant position throughout the forecast period from 2017 to 2025.
Based on application, the enterprise servers and storage segment held the largest market share in 2016. The primary need for non-volatile DRAM capability that is required for optimizing and handling complicated big data datasets is expected to increase the adoption rate of NVDIMM technology across various enterprise servers and storage solutions.
North America Likely to Retain Dominant Hold over NVDIMM Market
Geographically, the global NVDIMM market was dominated by North America in 2016 due to the presence of leading NVDIMM manufacturers in this region such as Viking Technology Inc. (the U.S.), AgigA Tech Inc. (the U.S.) and Micron Technology Inc. (the U.S.) among others. Geographically, North America contributes the dominant share in the global NVDIMM market and is likely to remain an influential player in the coming years due to the steady presence of several leading players in the global NVDIMM market.
Leading U.S.-based players such as Viking Technology Inc. and Micron Technology Inc. are likely to remain influential to the global NVDIMM market in the coming years, making steady growth of the North America NVDIMM market likely in the coming years. The North America NVDIMM market accounted for revenue of US$54.9 mn in 2017, which is likely to rise to US$138.5 mn by the end of 2025.
The 12.3% CAGR expected of the North America NVDIMM market is, however, bested by Asia Pacific, which is likely to grow at a robust 14.7% CAGR between 2017 and 2025. The Asia Pacific market for NVDIMM is likely to be valued at US$35.7 mn by the end of 2025. Asia Pacific is anticipated to witness the most promising demand for NVDIMM in the coming years due to increasing demand for technologically advanced enterprise server and storage and high-end workstations from the rapidly growing datacenters.
Prominent NVDIMM manufacturers include SK Hynix, Inc. (Korea), Integrated Device Technology Inc. (The U.S) and Fujitsu Limited (Japan).