By 2028 Yole Group estimates the stand-alone emerging non-volatile memory (ENVM) annual revenues will reach about US$300 million.
However, the embedded non-volatile memory annual revenue will be about US$2.7 billion with a compound annual growth rate of 133 percent over the period 2022 to 2028.
Intel’s confirmation of the end of Optane development, which is based on phase-change memory was a blow to the prospects of the stand-alone emerging NVM market (see Intel’s Optane memory business lost more than $500 million in 2020).
Yole forecasts that by 2028 more than 1 million 12’’ equivalent wafers per year will be manufactured by foundries using manufacturing processes that incorporate embedded PCM, ReRAM, or MRAM, with a CAGR of 94 percent between 2022 and 2028.This would create a market worth approximately $2.7 billion, with ReRAM accounting for around 60 percent of the wafer volume and MRAM representing approximately 25 percent.
Key applications will include embedded NVM for microcontrollers and analog ICs, with around 450K and 420K wafers produced per year, respectively, Yole said.
Source
https://www.eenewseurope.com/en/reram-to-lead-mram-in-emerging-memory-market/
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