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April 21, 2021, 2:27 a.m. EDT

Non-Volatile Dual In-Line Memory Module Market Size Will Grow to USD 2.55 Billion by 2027 | The Hewlett Packard Company, Integrated Device Technology, Intel Corporation, Fujitsu Limited, etc.

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Apr 21, 2021 (Market Insight Reports) -- The Non-Volatile Dual In-Line Memory Module Market is anticipated to garner a revenue of USD 213.03 million by 2027, registering a CAGR of 11.36% through the forecast period, to grow from its valuation of USD 84.18 million in 2019. An increasing need for low latency, enhanced input/output performance, and high data retention capacity are the key factors driving the market’s growth.

A non-volatile dual in-line memory module (NVDIMM) is a variety of random access memory for computers. The module is typically an amalgamation of an NVDIMM controller, NAND flash, DRAMs, and a supercapacitor. These non-volatile dual in-line memory modules improve the application performance, enhance the recovery time of a system crash, and enhance the tolerance and authenticity of solid-state drive (SSD).

The growth of the non-volatile dual in-line memory module market is majorly driven by the increasing demand for NVDIMM in enterprise storage and large data centers. With the emergence of 5G network technology and the growing need for high-performance computers, there would be an increase in data centers’ development. However, high deployment costs of the modules and low acceptance of these modules across the globe are anticipated to hamper the market’s growth.

For the purpose of this study, Reports and Data has segmented the Non-Volatile Dual In-Line Memory Module Market on the basis of type, application, and region.

By Type (Revenue, USD Million; 2017-2027)

  • NVDIMM-N

  • NVDIMM-F

By Application (Revenue, USD Million; 2017-2027)

  • High-End Workstations

  • Enterprise Storage & Server

  • Others

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1171

By Region (Revenue, USD Million; 2017-2027)

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

Further key findings from the report suggest:

  • The Non-Volatile Dual In-Line Memory Module Market is anticipated to garner a revenue of USD 213.03 million by 2027, registering a CAGR of 11.36% through the forecast period, to grow from its valuation of USD 84.18 million in 2019.

  • An increasing need for low latency, enhanced input/output performance, and high data retention capacity are the key factors driving the market’s growth.

  • A non-volatile dual in-line memory module (NVDIMM) is a variety of random access memory for computers. The module is typically an amalgamation of an NVDIMM controller, NAND flash, DRAMs, and a supercapacitor.

  • The growth of the non-volatile dual in-line memory module market is majorly driven by the increasing demand for NVDIMM in enterprise storage and large data centers.

  • The significant advantage of non-volatile memory is that it retains the data contents even during the loss of power, for instance, during an unpredicted loss of power, crashing of the system, or normal shutdown of the device.

  • Increasing demand for non-volatile dual in-line memory modules in data centers to protect the data losses from sudden power outages is presumed to drive the market’s growth throughout the forecast timeline.

  • However, high deployment costs of the modules and low acceptance of these modules across the globe are anticipated to hamper the market’s growth.

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