Magneto Resistive RAM (MRAM)

Magneto Resistive RAM (MRAM)
Global Magneto Resistive RAM (MRAM) Market to Reach $17.5 Billion by 2030
The global market for Magneto Resistive RAM (MRAM) estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$17.5 Billion by 2030, growing at a CAGR of 35.6% over the analysis period 2022-2030. Enterprise Storage, one of the segments analyzed in the report, is projected to record a 39.3% CAGR and reach US$6.7 Billion by the end of the analysis period. Growth in the Consumer Electronics segment is estimated at 35.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $537.5 Million, While China is Forecast to Grow at 45.2% CAGR
The Magneto Resistive RAM (MRAM) market in the U.S. is estimated at US$537.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 45.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.5% and 30.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 34% CAGR.Select Competitors (Total 25 Featured) - Avalanche Technology, Inc. Crocus Nano Electronics, LLC Everspin Technologies, Inc. Honeywell International, Inc. Numem NVE Corporation Samsung Electronics Co., Ltd. Toshiba CorporationPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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