Global Phase Change Memory Strategic Business Report 2023: Digitalization Wave &… – Press Release

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DUBLIN, June 19, 2023 /PRNewswire/ — The “Phase Change Memory: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Phase Change Memory estimated at US$678.6 Million in the year 2022, is projected to reach a revised size of US$17.9 Billion by 2030, growing at a CAGR of 50.5% over the analysis period 2022-2030.

PCM as DRAM, one of the segments analyzed in the report, is projected to record a 52.7% CAGR and reach US$9.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Pcm As Sram segment is readjusted to a revised 50.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $214.8 Million, While China is Forecast to Grow at 59.9% CAGR

The Phase Change Memory market in the U.S. is estimated at US$214.8 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 59.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 40.2% and 44.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 42.7% CAGR.

Select Competitors (Total 11 Featured) –

  • IBM Corporation
  • Intel Corporation
  • Samsung Electronics Co., Ltd.
  • STMicroelectronics N.V.
  • Taiwan Semiconductor Manufacturing Company Limited
  • Western Digital Corporation

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
  • Progress on Vaccinations: Why Should Businesses Care?
  • With IMF’s Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP,…

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