Product Code: ETC4438465 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India non-volatile memory market import shipment exhibited robust growth with a high CAGR of 47.9% from 2020 to 2024. The growth momentum accelerated between 2023 and 2024, showing a notable increase of 25.4%. The market expanded significantly, indicating a strong upward trend over the period.
The India non-volatile memory market has experienced significant growth, driven by the need for high-capacity, reliable, and energy-efficient storage solutions. Non-volatile memory technologies such as NAND flash, NOR flash, and emerging storage-class memory (SCM) have found applications in consumer electronics, data centers, and IoT devices. With the burgeoning data-driven economy in India, there is an increasing demand for non-volatile memory products, particularly in cloud computing and data storage applications. This market is ripe for innovation and collaboration between India and global semiconductor companies, offering opportunities for expansion and specialization in non-volatile memory technology.
The India non-volatile memory market is being primarily driven by the increasing adoption of advanced storage solutions in various sectors. The demand for non-volatile memory, which retains data even when power is disconnected, is growing in tandem with the expansion of data-intensive applications. This surge in data-driven technologies, such as AI, IoT, and cloud computing, is pushing the need for reliable and high-capacity storage solutions. Furthermore, the demand for faster and more efficient memory options in mobile devices, data centers, and consumer electronics is contributing to the growth of this market.
The India non-volatile memory market faces several challenges. One major concern is the rapid technological advancements in this field, leading to a constant need for innovation and adaptation. Additionally, the market is highly competitive, with established global players dominating. India manufacturers often struggle to compete with these giants, which poses a significant hurdle. Furthermore, issues related to data security and privacy are becoming increasingly crucial in this market. As non-volatile memory solutions store critical data, they must address these concerns, which can be a complex endeavor.
Non-volatile memory, essential in electronic devices, experienced fluctuations in production and sales. The long-term growth in data storage and emerging technologies continued to drive the market.
The India non-volatile memory market features several prominent players, including global giants like Samsung, Intel, and Micron Technology. These companies have a strong presence in the country and contribute significantly to the market`s growth. Additionally, India companies like Moser Baer and Titan Technologies have made their mark in this sector by providing storage solutions for various applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Non-Volatile Memory Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Non-Volatile Memory Market Revenues & Volume, 2021 & 2031F |
3.3 India Non-Volatile Memory Market - Industry Life Cycle |
3.4 India Non-Volatile Memory Market - Porter's Five Forces |
3.5 India Non-Volatile Memory Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 India Non-Volatile Memory Market Revenues & Volume Share, By Wafer Size , 2021 & 2031F |
3.7 India Non-Volatile Memory Market Revenues & Volume Share, By End-User , 2021 & 2031F |
4 India Non-Volatile Memory Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for data storage solutions in various sectors such as IT, healthcare, automotive, and consumer electronics. |
4.2.2 Increasing adoption of non-volatile memory technologies in smartphones, laptops, and other electronic devices. |
4.2.3 Technological advancements leading to the development of faster, more reliable, and energy-efficient non-volatile memory solutions. |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities for non-volatile memory. |
4.3.2 Intense competition among key market players leading to pricing pressures. |
4.3.3 Challenges in ensuring data security and reliability of non-volatile memory solutions. |
5 India Non-Volatile Memory Market Trends |
6 India Non-Volatile Memory Market, By Types |
6.1 India Non-Volatile Memory Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Non-Volatile Memory Market Revenues & Volume, By Type , 2021-2031F |
6.1.3 India Non-Volatile Memory Market Revenues & Volume, By Traditional, 2021-2031F |
6.1.4 India Non-Volatile Memory Market Revenues & Volume, By Emerging, 2021-2031F |
6.2 India Non-Volatile Memory Market, By Wafer Size |
6.2.1 Overview and Analysis |
6.2.2 India Non-Volatile Memory Market Revenues & Volume, By 200 mm, 2021-2031F |
6.2.3 India Non-Volatile Memory Market Revenues & Volume, By 300mm, 2021-2031F |
6.3 India Non-Volatile Memory Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 India Non-Volatile Memory Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 India Non-Volatile Memory Market Revenues & Volume, By Enterprise Storage, 2021-2031F |
6.3.4 India Non-Volatile Memory Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 India Non-Volatile Memory Market Revenues & Volume, By Military & Aerospace, 2021-2031F |
6.3.6 India Non-Volatile Memory Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 India Non-Volatile Memory Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.3.8 India Non-Volatile Memory Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.9 India Non-Volatile Memory Market Revenues & Volume, By Healthcare, 2021-2031F |
7 India Non-Volatile Memory Market Import-Export Trade Statistics |
7.1 India Non-Volatile Memory Market Export to Major Countries |
7.2 India Non-Volatile Memory Market Imports from Major Countries |
8 India Non-Volatile Memory Market Key Performance Indicators |
8.1 Average read/write speed improvement of non-volatile memory solutions. |
8.2 Reduction in power consumption of non-volatile memory technologies. |
8.3 Adoption rate of latest non-volatile memory technologies among key end-user industries. |
9 India Non-Volatile Memory Market - Opportunity Assessment |
9.1 India Non-Volatile Memory Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 India Non-Volatile Memory Market Opportunity Assessment, By Wafer Size , 2021 & 2031F |
9.3 India Non-Volatile Memory Market Opportunity Assessment, By End-User , 2021 & 2031F |
10 India Non-Volatile Memory Market - Competitive Landscape |
10.1 India Non-Volatile Memory Market Revenue Share, By Companies, 2024 |
10.2 India Non-Volatile Memory Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |