Embedded Non-Volatile Memory Market : Advanced Technologies & Growth Opportunities in Global Industry

Memory technologies have made some spectacular advances over the past few years with the development of embedded electronics. Embedded non-volatile memory (eNVM) is a significant technology advancement that has made modern computing systems faster and scalable. Compared to stand-alone flash memories, eNVM technologies have improved in-system re-programmability and made electronics designs more flexible.

The demand for improving the memory density in computers and the need for augmenting the performance of mobile terminals are key factors driving the growth of the embedded non-volatile memory market. The demand for low-voltage electronics products has further boosted the adoption of eNVM technologies. Some of the key applications of embedded non-volatile memory technology are programming, trimming, data encryption, coding, and identification.

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Popular eNVM technologies include eFlash, embedded one-time-programmable (eOTP), electrically erasable programmable read-only memory (eE2PROM) and emulated multi-time programmable (eMTP). With the exception of eOTP, all these allow multiple reprogramability. The proliferation of IoT devices and the growing popularity of cloud-based services in emerging and developed nations are the key developments bolstering the uptake of embedded non-volatile memory technology.

In order to provide a comprehensive and exhaustive insights of the embedded non-volatile memory market across the globe, the market has been segmented into product type and end user. Different types of embedded non-volatile memory that is available in the market includes eOTP (Embedded One-Time-Programmable), eFlash, eE2PROM (Electrically Erasable Programmable Read-only Memory) and eMTP (Emulated Multi-Time Programmable).

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Increasing demand of IoT (Internet of Things) devices and services across different parts of the world is one of the most important factor predicted to trigger the demand of embedded non-volatile memory during the forecast period from 2017 to 2025. The principle need of providing ubiquitous connectivity and to manage large amount of data arising from these IoT devices is anticipated to trigger the rapid deployment of economic and less power consumable memory products that has the ability to communicate securely and reliably. Thus, proliferation of various IoT devices and services is expected to spur the demand of embedded non-volatile memory in the coming years.

Geographically, the global embedded non-volatile memory market is expected to be majorly driven by Asia Pacific region both in terms of market share and growth during the forecast period. The embedded non-volatile memory market of Asia Pacific region is followed by North America owing to wide concentration of key microcontroller unit (MCU) manufacturers such as Texas Instruments and Silicon Lab among others.

Some of the major players operating in the embedded non-volatile memory market includes United Microelectronics Corporation (Taiwan), Microchip Technology Inc. (The U.S) and Semiconductor Manufacturing International Corporation (China) among others.

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