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Non-Volatile Memory Market is expected to reach $40.2 Billion by 2020

According to a new market research report “Non-Volatile Memory Market by Type (Traditional, Emerging), Product (Printed Memory, Hard disk drives and others), Application (Industrial, Healthcare, Automotive, Energy and Power, Enterprise Storage and others) and Geography - Global Trends & Forecasts to 2014 - 2020” published by MarketsandMarkets, the total market is expected to reach $40.2 billion by 2020.

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Browse 79 market data tables and 39 figures spread through 350 pages and in-depth TOC on“Non-Volatile Memory Market by Type (Traditional, Emerging), Product (Printed Memory, Hard disk drives and others), Application (Industrial, Healthcare, Automotive, Energy and Power, Enterprise Storage and others) and Geography - Global Trends & Forecasts to 2014 - 2020” 
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Memory is used to encode, store, decode, and retrieve information. There are two types of memories which are widely available; volatile memory and non-volatile memory. The basic difference between them is that the nvm can retain the data stored in it even when it is not powered, whereas volatile memory can store data only until it is connected to the power supply.

The report segments the nvm market on the basis of the different types of technologies, applications, and geographies. Further, it contains revenue forecasting and analyzes the trends in the market. The geographical analysis contains the in-depth classification of Americas, Europe, and APAC, which contains the major countries covering the market. Further, the Middle-East and Africa have been classified under the ROW region. Each of these geographies has been further split by the major countries existing in this market. The sections and the sub-segments in the report would contain the drivers, restraints, opportunities, and current market trends; and the technologies expected to revolutionize the non-volatile memory domain

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The Global NVM market is expected to reach $40.2 billion by 2020, at an estimated CAGR of 1.18%. The emerging market is expected to grow at a CAGR of 41.27%, but the traditional nvm technologies are expected to witness a negative CAGR growth. North America is the biggest market, followed by APAC and Europe.

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