Magneto Resistive RAM (MRAM) Market Racing Towards a Excellent CAGR of 93.73% by 2021

Research analysts forecast the global MRAM market to grow at a CAGR of 93.73% during the period 2017-2021.

Magnetoresistive random-access memory (MRAM) is a type of memory technology that uses electron spin to store information. This memory type can replace DRAM and SRAM and has the potential to become the universal memory. MRAM combines the densities of storage memory with the speed of SRAM and is nonvolatile and power efficient. Due to the rising demand for fast, low power consuming, scalable, and nonvolatile memory devices, the global market for MRAM will grow in the future. MRAM has features of both static random-access memory (SRAM) and dynamic random-access memory (DRAM). Thus, it is useful in designing flexible circuits for different devices.

Covered in this report

The report covers the present scenario and the growth prospects of the global MRAM market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
• Europe
• North America

Research report, Global MRAM Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
• Avalanche Technology
• Crocus Nanoelectronics
• Everspin Technologies
• Other prominent vendors
• Cobham
• Crocus Technology
• Honeywell International
• SK Hynix
• Spin Transfer Technologies (STT)

Market driver
• Growing Internet of things (IoT) and big data operations.
• For a full, detailed list, view our report

Market challenge
• Uncertainties in the prices.
• For a full, detailed list, view our report

Market trend
• Reduction in chip area with the help of nanotechnology.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Companies Mentioned:
Avalanche Technology, Crocus Nanoelectronics, Everspin Technologies, CANON ANELVA, Cobham, Crocus Technology, FUJITSU, Honeywell International, SK Hynix, and Spin Transfer Technologies.

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Release ID: 186917