Embedded memory technology forms an integral part of any system that
requires higher performance, less power consumption, small physical
volume and mobility. Specifically, embedded non-volatile memories
(eNVM) is primarily used to make mobile terminals having high
performance. Currently, embedded non-volatile memory (eNVM) has
become an essential and important memory IP that enhances the
flexibility of an electronic products to a great extent. The market
of embedded non-volatile memory is predicted to witness a robust
growth during the forecast period from 2017 to 2025 owing to rising
demand of technologically advanced embedded non-volatile memories
that can be utilized for the purpose of programming, data encryption,
trimming, coding, identification and redundancy.
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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). Moreover, an embedded non-volatile memory also find
its application across various end user segments such as consumer
electronics, automotive, information and communication sector and
robotics among others. In addition, complete regional perspective of
all the above mentioned segments including product type and end user
across different regions such as Europe, North America, Asia Pacific,
Middle-East and Africa (MEA) and Latin America is also provided in
this report.
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. In addition, surging adoption of embedded non-volatile memory
in place of comparatively bulky and standalone traditional
non-volatile memory owing to its higher efficiency and compact
architecture is another important factor anticipated to accelerate
the demand of embedded non-volatile memory in the coming years.
Additionally, these embedded non-volatile memories are also
increasingly used across various automobile applications especially
in advanced key less push button start features and in head-up
displays. Thus, rising demand for technologically advanced automotive
is also expected to create a better opportunity for various embedded
non-volatile memory manufacturers in the coming eight years.
In spite of so many driving factors, higher design cost along with
lack of scalability especially in eFlash and eOTP memory is one of
the key factor expected to deter the demand of embedded non-volatile
memory to a great extent during the forecast period from 2017 to
2025.
Among the different types of embedded non-volatile memory, eFlash
memory generated the highest revenue share in 2016 and is anticipated
to maintain its leading position throughout the forecast period.
Increasing adoption of eFlash memory across various application
segments such as consumer electronics, smart card and automotive
among others owing to its high efficiency and low power consumption
is the most important factor behind this segment’s dominance.
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.
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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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