ECC Memory Market Share – An Understanding of the Market Divergences and its Trends (SARS-CoV-2, Covid-19)
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on ECC Memory Market . The growth sectors of the ECC Memory Market are identified with precision for a better growth perspective.
The Global ECC Memory Market was valued at USD 8.55 billion in 2018; it is expected to reach USD 13.08 billion by the end of the forecast period at a CAGR of 6.6%
According to Market Research Future, the global ECC memory market has been segmented based on memory error, application, type, and region.
By memory error, the ECC memory market has been segmented into hard error and soft error. Under the memory error segment, soft error dominated the market in 2018 and is also expected to show the highest CAGR during the forecast period. By type, the ECC memory market has been segmented into DDR4, DDR3, DDR2, DDR1, and others. In ECC memory, each memory cell is made up of two parts: a transistor and a capacitor that holds one bit of information. Among these, DDR4 dominated the market in 2018. The storage capacity of DDR4 ranges from 4 to 128 GB per DIMM. DDR4 efficiently works on 1.2 V power whereas DDR3 operates in the range of 1.5 to 1.65 V. DDR4 memory supports data transfer rates ranging from 1600 Mbps to 3200 Mbps. DDR4 memory modules are available in DIMM and SO-DIMM. DDR4 DIMMs are designed with curved edge technology which makes it easier to put and remove them from slots. This helps to fuel the ECC memory market and is also expected to grow at the highest CAGR during the forecast period.
By application, the ECC memory market has been segmented into data centers, workstation servers, cloud servers, and others. ECC memory uses capacitors to store the data. Capacitor charging and discharging depends on changes in the stored value. Among the applications, data centers dominated the market in 2018. ECC memory provides high bandwidth and low power consumption to networking devices and ensures that they work efficiently. Next-generation networking routers require bandwidth as high as 300GB/s which need a much closer integration between logic and memory. LPDDR4 and hybrid memory cube (HMC) are the emerging technologies which can be considered as a solution to the requirements of networking devices. However, cloud server segment is expected to grow at the highest CAGR during the forecast period.
By region, the ECC memory market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America dominated the global ECC memory market owing to the concentration of ECC memory vendors and high number of data centers. Asia-Pacific, on the other hand, is expected to grow at the highest CAGR during the forecast period.
The key players in the ECC memory market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Micron Technology Inc (US), Kingston Technology Corporation (US), Other World Computing (OWC) (US), Lenovo Group Limited (China), Samsung Electronics Co Ltd (South Korea), Hewlett Packard Enterprise Company (US), Dell Inc (US), Transcend Information Inc (Taiwan), SK Hynix Inc (South Korea), I’M Intelligent Memory Limited (US), Intel Corporation (US), IBM Corporation (US), Nemix RAM (US), Black Diamond Memory (US), Brute Network (US), and Adamanta Memory (US). These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 35–40% in the ECC memory market.
ECC Memory Market is supposed to reach USD 13.08 billion by the end of the Approaching Period at a…
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