Non-Volatile Dual In-Line Memory Module (NVDIMM) Market, By Product Type (NVDIMM-F, NVDIMM-N), Application (Enterprise Storage and Server, High-End Workstation, Networking Equipment, Others), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027

Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Outlook:

A non-volatile dual in-line memory module (NVDIMM) is a type of random-access memory that is capable of retaining information during a sudden computer crash or normal shutdown. During the occurrence of a power cut, the NVDIMM uses its non-volatile memory to store information using an onboard backup power source. A non-volatile dual in-line memory module offers various benefits like data security, better speed, greater power efficiency, improved system crash recovery time, and high application performance to its users. NVDIMMs have decreased the dependency on batteries by offering efficient ultra-capacitors, which are more reliable. The NVDIMM is capable of retaining information in its volatile memory for up to 72 hours. They are also capable of enhancing the solid-state drive’s (SSD) reliability and endurance. 

Growing demand for low latency and high-speed memory modules, technological developments, and increased demand for the NVDIMM to drive market growth

Demand for low latency and high-speed memory modules have increased significantly across the globe, owing to data safety issues. System errors and crash, power cuts can cause an organization or an individual loss of vital information, which could lead to major financial losses. To prevent such situations, many people are demanding NVDIMM, which offers low latency and has high-speed memory. In addition, the growing development of IoT, digital services, and connected devices has further increased the amount of data that needs to be stored and secured. Big data technologies are looking for cost-effective memory systems like NVDIMM, which will create an opportunity for market growth. Also, there has been major growth in the opening of new data centers across the globe, and they require huge amounts of non-volatile memory systems to avoid data losses from a sudden power cut. All these factors have been boosting the market growth and are anticipated to help market growth in the future as well.

High procurement prices, lack of awareness, and low storage capacity to hamper the market growth

The non-volatile dual in-line memory module is still at the initial development stage. Since the technology is still at the budding stage, the cost of development and eventually selling price is at the high end. Further, a large portion of the population is still unaware of the benefits of NVDIMM, which negatively impacts the market demand. Also, low storage capacity and limited time storage restrictions are demotivating consumers to use NVDIMM.

Evolution of the fifth-generation (5G) technology to create lucrative market opportunities, in the global marketplace

Fifth-generation cellular technology is under process and on its early development stage across various countries worldwide. The 5G technology will significantly increase the data transfer and also cause a rise in demand for high-performance computers/laptops. Developing network infrastructure and growing fiber optics network will further facilitate to bring 5G technology earlier than expected time. Owed to the rise of 5G technology, a lot of data centers, both small and large scale are planning to open across the cities to provide customers with accurate information at a fast pace. This will create a need to install more stable memory options that have low latency and high-speed memory. Due to this, a lot of data centers would opt NVDIMM over the usage of regular RAM (Random Access Memory) technology. Fifth-generation technology occurrence will create huge market opportunities during the forecast period.

Non-Volatile Dual In-Line Memory Module Market, by Product Type:

NVDIMM-N segment will grow at a significant rate, over the forecast period

The non-volatile dual in-line memory module-N segment will have a dominating share in the global market, and they are expected to register a significant revenue during the forecast timeframe. NVDIMM-N being a memory-mapped dynamic random-access memory (DRAM), provides much high operating speed, high agility, and relatively low latency as compared to NVDIMM-F. NVDIMM-N has a latency of about 10-8 seconds to restore the information during a power outage, whereas NVDIMM-F has a latency of about 10-5 seconds, which offers a much slower speed. All these factors contribute to the growth of the   NVDIMM
N segment in the market.

Non-Volatile Dual In-Line Memory Module Market, by Application:

Enterprise storage and servers segment will grow exponentially during the forecast period

Enterprise storage and servers segment are expected to grow exponentially in the NVDIMM market during the forecast period. Enterprise storage and servers generate a huge amount of information on a daily basis, which requires non-volatile memory systems that can operate at high speeds for data storage and safety from unforeseen incidents. Furthermore, business houses and enterprises are majorly hiring large scale data centers to reduce infrastructural costs and increase workplace efficiency. Also, the growing customer information bandwidth, added with the growing number of large-scale and small-scale data centers, is expected to fuel the growth of enterprise storage and server segment.

Non-Volatile Dual In-Line Memory Module Market, by Region:

North America region to hold the largest market share

North America region is anticipated to hold the largest market share in the non-volatile dual in-line memory module market during the forecast timeframe. North America region’s dominance in the NVDIMM market can majorly be contributed to the presence of excessive data centers in the region, which has increased the demand for NDIMM systems by a significant rate. The region is also known for being technologically advanced, highly aware, and open to the adoption of new technologies, which has led to a substantial increase in the adoption of NVDIMM across large enterprises. Further presence of market players such as Micron Technology, Inc, Netlist, and Viking Technology has fueled the market growth. 

Asia Pacific region will be most lucrative till 2027

Asia Pacific region is expected to be the fastest-growing market for the non-volatile dual in-line memory module in both terms by value and volume during the forecast timeframe. The rise in economic activities in the region has led to setting up multiple enterprises and business houses in the region that generate a huge amount of data on a daily basis. Owing to the high amount of data, generation, businesses have started to opt for data centers with a view to reduce operational costs and increase profits. This has led to the opening of multiple large and small scale data centers in the region. This has created a massive rise in demand of NVDIMM systems in the Asia Pacific region. Furthermore, the presence of countries such as Japan, China, and South Korea, who are market leaders in the production of electronic goods has also boosted the market growth. Also, increased focus by market players like Oracle and Amazon Web Services, Inc. to promote the cloud segment in the region is expected to create lucrative opportunities till 2027.

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Key Participants in the Global Non-Volatile Dual In-Line Memory Module Market:

Merger & acquisition and advanced product development are the frequent strategies followed by the market players

Some of the significant non-volatile dual in-line memory module market players are Hewlett Packard Enterprise Development LP, Viking Technology, AgigA Tech, Inc., Intel Corporation, Micron Technology, Inc., Netlist, SMART Modular Technologies, Rambus.com, SK HYNIX INC., and SAMSUNG.

Non-volatile dual in-line memory module market players are focusing more on product development, merger & acquisition, and technology advances. These are the strategies followed by start-ups and established companies. To emphasize more on the competitor analysis of market players, the porter’s five force model is explained in the report.

analysis of market players, the porter’s five force model is explained in the report.

Source: Research Dive Analysis