YOLE
The future of emerging non-volatile memory is embedded applications. By 2028 ~ 1M 12" wafers with embedded NVM will be shipped in a market worth ~$2.7B
By 2028, we forecast that more than 1 million 12’’ equivalent wafers per year will be manufactured by leading #foundries using #technology platforms that incorporate embedded #PCM, #ReRAM, or #MRAM (CAGR22-28 of ~94%).
By then, this would represent a market worth ~$2.7B, with #RRAM accounting for ~60% of the wafer volume and MRAM with ~25%. The most important applications will be embedded NVM for #Microcontrollers (#MCUs) and #Analog #ICs, with ~450K and ~420K #wafers per year, respectively.
The #MCU segment is now taking off, driven by ongoing technology migrations towards nodes smaller than 40nm. In addition, on-die embedded memory solutions will be necessary for applications requiring low latency, low power consumption, and reliable operation in terms of #security and #safety.
Weebit - 2023 and beyond, page-1512
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