Resistive RAM Market – Rising demand for faster mobile memory chips to propel growth

August 19, 2021

Restitive RAM, also known as ReRAM (resistive random access memory), is a form of nonvolatile storage that operates by changing the resistance of solid dielectric material. A ReRAM device contains a component called mermister, whose resistance varies when different voltages are imposed across it.
ReRAM and other memristor technologies also draw much less power than NAND flash. That makes them currently best suited for memory in sensor devices for industrial, automotive and internet of things (IoT) applications.
The higher memory density, faster read and write speeds, and lower power draw are reasons that memristor-based memory technologies are often cited as the logical replacement in applications such as solid-state drives (SSDs) and nonvolatile dual in-line memory modules.

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New memory technologies have witnessed several developments; however, they have not expanded fully owing to the dominance of flash RAMs. Major emerging memory technologies include ReRAM, phase-change memory, and magnet RAM; among these, ReRAM is highly effective.
Several companies are developing innovative ReRAM technology solutions focused on the future memory market. ReRAM’s main advantage is scalability and the flash RAM’s have reached the scalability limit. Another advantage with ReRAM is the low voltage about 2 to 3V without using charge pumps, which provides low energy and high speed. Increase in demand for smartphone and wearable devices is also fueling the memory market.

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Asia Pacific holds a notable share of the global ReRAM market share, owing to a rise in the demand for non-volatile memory enabled electronic devices such as smartphones and high-resolution TVs. Rise in number of consumer electronics and expansion of the automotive industry in the region is driving the ReRAM market in Asia Pacific. Countries such as India, Japan, and China are establishing data centers, AI and IoT connected infrastructure, which is expected to fuel the ReRAM market in the region.
North America follows Asia Pacific in terms of share of the global ReRAM market. Increase in demand for enterprise storage applications is further boost the ReRAM market in the region.
The market in the Middle East & Africa is also likely to account for a notable market share in the near future.

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