Weebit - 2023 and beyond, page-592

I believe this is based on Yole's projection in their 2022 report see $2.9Bn NVM market with 33% captured by ReRAM:


What is important is to compare it to their projections only a year earlier from 2021's report...



Yole's 2021 Analysis

Embedded memory

2020 total NVM market = $26m
ReRAM yield = 35%
Total marketable value = $9.1M

2026
Projected ReRAM market makeup = 22%
22% of the $2.3B market = $506M

CGAR increase of +110%

Now this latest analysis from 2022, note: ONE year later...

Their initial CAGR was quite spot on, the initial value for the first year based on 110% CAGR comes to ~$55M (~800k off the 2021 value)

Yole's 2022 Analysis

2021 total NVM market = $54M
ReRAM yield = 30%
Total marketable value = $16.2M

2027
Projected ReRAM market makeup = 33%
33% of the $2.9Bn market = $957M

CGAR increase of +95%

Notable observations:
Projected market makeup in 2026 was 22% in the 2021 report and 34% in the 2022 report, a change of 12%. Again, one year difference. Which translates to a rerate of ~54% by the year 2026 from original projections.
They assume a % increase, likely flagging a peak in 2024 while scaling back a few % in 2027.

However based on initial CAGR the 2027 value of the NVM market by original estimates would be $4.8bn. Though as you can imagine based on different time horizons they would likely have adjusted this from the original 110%.

What's important to notice here is the projected CAGR and the massively projected growing market. And how the money can REALLY start rolling in for this sector as time goes on - worth considering profit taking on this based on Weebit's state at the time and compounding market growth.

This is from the investment experts in the domain. They are very familiar with CEA-Leti and Weebit especially being based in France. Though in one year have made a substantial readjustment on their projections. The reports they produce aren't cheap, thousands of dollars to purchase their full NVM report. These are not some Motley Fools posting volumes of trash.

As mentioned before the experts are rerating... Substantially.

I mentioned this rerate before without a single like on the post so unless I'm missing something here this was something I personally noted as an incredible change in the wind after seeing the 2022 Yole projection above posted by @WallStChihuahua. Again note the CAGR scaling beyond this year, adjust conservatively if you will. I believe based on the metrics, specifications we are seeing from Weebit, the ReRAM market share will be on the increase contrary to Yole's projections. Could be missing something in this post, CAGR calculations is not a familiarity to me.

Based on this we are sitting on an absolute monster imo.