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Phase Change Memory - Global Strategic Business Report

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    Report

  • 179 Pages
  • October 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5140072
The global market for Phase Change Memory is estimated at US$1.3 Billion in 2023 and is projected to reach US$20.3 Billion by 2030, growing at a CAGR of 48.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the phase change memory market is driven by several factors, including the increasing demand for high-speed and high-density memory solutions, advancements in PCM technology, and the rising need for energy-efficient data storage. The growing data-centric applications, such as artificial intelligence, big data analytics, and IoT, require faster and more reliable memory solutions, driving the demand for PCM. Technological advancements in phase-change materials, cell architecture, and fabrication processes have improved the performance and reduced the costs of PCM, making it a competitive alternative to traditional memory technologies. Additionally, the need for energy-efficient and durable memory solutions in mobile devices and data centers has further fueled the adoption of PCM. Government initiatives and investments in research and development of advanced memory technologies are also contributing to market growth. As the demand for high-performance memory continues to rise, the phase change memory market is expected to expand.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the PCM as DRAM Technology segment, which is expected to reach US$10.7 Billion by 2030 with a CAGR of a 50.6%. The PCM as SRAM Technology segment is also set to grow at 48.4% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $353.8 Million in 2023, and China, forecasted to grow at an impressive 56.3% CAGR to reach $6.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Phase Change Memory Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Phase Change Memory Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Phase Change Memory Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as IBM Corporation, Samsung Group, Intel Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 11 Featured):

  • IBM Corporation
  • Samsung Group
  • Intel Corporation
  • STMicroelectronics NV
  • Applied Materials, Inc.
  • Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC)
  • Western Digital Corporation
  • SK Hynix, Inc.
  • Om Nanotech Pvt., Ltd.
  • Kioxia Holdings Corporation

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competitive Scenario
  • Phase Change Memory - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • The Importance of Memory in Computing
  • Phase-Change Memory: A Budding Market with Unmatched Growth Potential
  • Compelling Applications of Phase-Change Memories
  • North American Market Stays Strong with Technological Advances
  • Novel Phase Change Memory with Impressive Efficiency Set to Turn Heads
  • Phase Change Memory (PCM): Definition, Scope, Evolution, Importance & Benefits
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • High-Performance Computing (HPC) Offers Broad-based Opportunities for the Evolution of PCM
  • Rise of High Performance Computing Opens Doors for Exploiting Novel Memory Architecture & Solutions: Global High Performance Computing Market (In US$ Billion) for Years 2020, 2022, 2024 and 2026
  • Digitalization Wave & Parallel Rise in Demand for Datacenters to Spur Growth of PCM
  • Beyond COVID-19 Lies a New Normal with New Opportunities for Datacenters
  • This Means Increased Demand for Datacenter Memory & Storage Solutions
  • Rapid Development of Internet of Things Devices to Spur Demand for Phase Change Memory
  • The Growing IoT Ecosystem Creates an Urgent Need for Novel Memory Solutions: Global M2M/IoT Connections (In Billion) for Years 2019, 2021, 2023
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025
  • Big Boost with Rising Uptake of Big Data Storage
  • Research Touching Different Aspects to Enable Phase-Change Memory for Data Storage
  • Trends in Consumer Electronics Sector Influence the PCM Market
  • Post Pandemic Recovery in CE Sector to Augment Prospects
  • Worldwide Shipments of Smartphones, tablets, and Laptops (in Million Units) for the Years 2019, 2021 and 2023
  • Phase Change Memory Market Posts Solid Gains with Skyrocketing Smartphone Demand
  • Advanced Phase-Change Memory Options for Automotive Applications
  • Rise of In-Memory Computing Bodes Well for Growth of PCM
  • Growing Demand for Non-Von Neumann Computing to Overcome Memory Bottlenecks in Von Neumann Model Offers Robust Potential for Growth of PCM
  • Brain-Inspired Computing: A New Innovation Using Phase-Change Memory
  • Expanding Applications to Spur Medium to Long-Term Growth in the Market
  • Key Issues Encountered with Phase-Change Memory Options
  • Phase-Change Memory Eyes on Wide Horizons with Efforts to Address Limitations
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for PCM as DRAM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for PCM as DRAM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for PCM as SRAM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for PCM as SRAM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for PCM as Flash Memory by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for PCM as Flash Memory by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for PCM as SCM by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for PCM as SCM by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Enterprise Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Enterprise Storage by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 13: World Phase Change Memory Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
  • Table 14: World Recent Past, Current & Future Analysis for Phase Change Memory by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World 7-Year Perspective for Phase Change Memory by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 16: USA Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 17: USA 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 18: USA Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 19: USA 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: Canada 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 22: Canada Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 23: Canada 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
JAPAN
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 24: Japan Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: Japan 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 26: Japan Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 27: Japan 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
CHINA
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 28: China Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: China 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 30: China Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 31: China 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
EUROPE
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 32: Europe Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 33: Europe 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 34: Europe Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 35: Europe 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
  • Table 36: Europe Recent Past, Current & Future Analysis for Phase Change Memory by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 37: Europe 7-Year Perspective for Phase Change Memory by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
FRANCE
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 38: France Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 39: France 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 40: France Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 41: France 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
GERMANY
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 42: Germany Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 43: Germany 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 44: Germany Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 45: Germany 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
ITALY
  • Table 46: Italy Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 47: Italy 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 48: Italy Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 49: Italy 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
UNITED KINGDOM
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 50: UK Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 51: UK 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 52: UK Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 53: UK 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
REST OF EUROPE
  • Table 54: Rest of Europe Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 55: Rest of Europe 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 56: Rest of Europe Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 57: Rest of Europe 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
ASIA-PACIFIC
  • Phase Change Memory Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 58: Asia-Pacific Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 59: Asia-Pacific 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 61: Asia-Pacific 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
REST OF WORLD
  • Table 62: Rest of World Recent Past, Current & Future Analysis for Phase Change Memory by Technology - PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 63: Rest of World 7-Year Perspective for Phase Change Memory by Technology - Percentage Breakdown of Value Revenues for PCM as DRAM, PCM as SRAM, PCM as Flash Memory and PCM as SCM for the Years 2024 & 2030
  • Table 64: Rest of World Recent Past, Current & Future Analysis for Phase Change Memory by Application - Enterprise Storage and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 65: Rest of World 7-Year Perspective for Phase Change Memory by Application - Percentage Breakdown of Value Revenues for Enterprise Storage and Other Applications for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • IBM Corporation
  • Samsung Group
  • Intel Corporation
  • STMicroelectronics NV
  • Applied Materials, Inc.
  • Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC)
  • Western Digital Corporation
  • SK Hynix, Inc.
  • Om Nanotech Pvt., Ltd.
  • Kioxia Holdings Corporation

Table Information