3D XPoint Technology Market Research Report- Global Forecast 2027

3D XPoint Technology Market, By Storage Type (750GB, 1.5 TB), By End-User (Telecommunication, Consumer electronics, Automotive, Healthcare, Retail) - Forecast 2027

ID: MRFR/SEM/1826-HCR | February 2021 | Region: Global | 100 pages

Market Overview 

3D XPoint is an innovative storage technology. It can effectively save bits of memory in floating fate format. Its performance in the market is impressive. Its exceptional memory storing capability is increasing its global demand. It is a non-volatile memory that saves data during the power cut. The 3D XPoint technology is better in durability, speed and performance. The 3D XPoint memory is suitable in the region that has fluctuating power cuts. It is a memory technology that works without transistors. Also, due to this, the cost of 3D XPoint is economical. 

Storage solutions are the future of the IT market. Also, the 3D XPoint is the storage solution that is both RAM and flash memory. It is the most effective storage solution in the market. The 3D XPoint is a three-dimension technology. With high-speed data storage, it is possible to read and process data at the ultimate speed. 3D XPoint technology market is increasing immensely. Also, the Global 3D XPoint Technology Industry growth rate for 2020 is estimated at 13.7%. Further, the market value of 3D XPoint is expected as $5 billion in the forecast year. 3D XPoint is a fast-growing market with plenty of growth opportunities. The surging demand trend of the 3D XPoint market will continue in the future. 

Covid Analysis 

Covid 19 has affected many markets and their key players. The markets around the world are facing severe loss. Also, the low demand and supply result in massive revenue loss. The covid 19 has some short term impacts on the 3D XPoint technology market. The various end-users market came to a halt during the pandemic. Further, the retail and manufacturing sectors were shutdown. Also, the lack of workers and low demands are some market crisis. There is a decline in the profitability of the 3D XPoint markets. However, the production work is resuming in the 3D XPoint technology markets. 

Market Dynamics 

  • The Crucial Market Drivers 

The 3D XPoint technology market is growing quicker than the nonvolatile memory market. There are plenty of features that make the 3D XPoint technology exceptional. The exceptional feature is fast memory reading, writing, fewer cross points and selector. Moreover, it is the ideal storage solution to large-information. The current IT market highly requires a big storage solution. The 3D XPoint is the right option that can store big data in a small space. The storage density of the 3D XPoint is higher than non-volatile memory.

Stacks of silicone are used in the memory to increase the density. It is one of the crucial aspects demanded by end-users. Therefore, the large storage solution capacity of the 3D XPoint technology drives the market demands. The 3D XPoint technology is a big storage solution with low cost. The cost-effectiveness of this technology is another crucial market driving factor. With the 3D XPoint technology, it is possible to experience speed, performance and low power consumption. All three factors contribute to the overall growth of the 3D XPoint Technology Business

  • The Market Growth Opportunities 

Consumer electronics provide the biggest growth opportunities for 3D XPoint Technology. The requirements in the consumer electronics field are rising every year. The big-storage and less power consuming 3D XPoint are highly functional in this sector. Today, the demand for 3D XPoint technology is massive in consumer electronics than in the non-volatile memory market.

The 3D XPoint contains IoT, AI and data analytics features that make it easier for the consumer electronics sector to employ 3D XPoint technology. The need for high-density memory is more in the future. It provides potential scope for the 3D XPoint market in the future. The devices that require 3D XPoint is mobiles, laptop, tablets and other electronics. Also, the 3D XPoint manufactures are working on the miniaturization of the memory. It enables the 3D XPoint to store big data in a small space. All these developments provide excellent growth opportunities for the 3D XPoint market. 

  • The Market Restraints 

The 3D XPoint technology interface is the major-market restraint. The processing of 3D XPoint memory is complex. It requires high technical skills to employ this memory. The process of the 3D XPoint technology restricts users from experiencing the maximum benefits. The interface issue in the 3D XPoint technology affects the speed. The memory speed is highly essential for larger companies.  It is essential to solving the issue to enhance the market in future. This limitation can restrict product demand from end-users. 

  • The Market Challenges 

The end-users of the 3D XPoint technology expect bigger and cost-effective memory. However, with the size the cost of the technology increases. The requirement for bigger-storage 3D XPoint technology is higher. The high cost of the product acts as a challenge to the market. The cost is not an issue for end-users demanding smaller 3D XPoint technologies. For massive firms, the memory requirement is huge. The price is a crucial challenge to the market in the future years. 

  • Cumulative growth analysis 

The 3D XPoint Technology Market Trends shows steady growth. Due to recent developments, the market is under serious development. Several R&D programs are carried on to improve product efficiency. The growth of the 3D XPoint Technology Market is expected to rise by 13.5% in 2022. However, the interface improvements are crucial for this growth. The interface of the 3D XPoint is necessary for the future. It will increase the speed, performance and storage space when integrating with any system. 

  • The Value Chain Analysis 

North America holds the maximum 3D XPoint Technology Market Share. It is the crucial base for all memory manufacturers. Also, North America is the second-largest end-user of the Asia Pacific market. The increasing R&D is the major-market driving factors in this region. The adoption of technology is quick in North America. All new technologies require efficient memory technology. The high usage of tablets, phone, devices and electronics is the crucial driving factor of the 3D XPoint market. The demand for smartphones is massive in North America. It is another factor that creates a requirement for 3D XPoint Technology

Segment Overview 

The crucial 3D XPoint Technology Market Segments are as follows:

By Storage 

  • 1.5 TB

  • 750 GB

By End-User 

  • Consumer electronics 

  • Healthcare

  • Telecommunication

  • Automotive & Transportation

  • Agricultural

  • Military & Aerospace

  • Enterprise Storage

By Region 

  • Asia pacific 

  • North America 

  • Europe 

Regional Analysis 

The 3D XPoint Technology Market is diversified into three regions. North America, Asia Pacific and Europe are the top three regional players. It is estimated that North America will intensify the 3D XPoint productions in the forecast period 2022. However, due to the high demand for consumer electronics, Asia pacific will also dominate the market. China, Japan, India and Korea are the active markets in Asia pacific. Substantial growth is expected from Europe in this forecast period of 2022. 

Competitive Landscape 

The key players in the market are introducing new developments. The crucial strategy is to offer 3D XPoint memories for more affordable prices. The R&D by the key players is increasing the market demand in the future years. Apart from this market expansion and acquisition is happening in 2022. The prominent regional players are responsible for that massive growth of 3D XPoint during the forecast period. 

The Key Players of the 3D XPoint Technology Market are 

  • Intel Corporation (US)

  • Viking Technology (Taiwan)

  • Toshiba Corporation (Japan)

  • Adesto Technologies Corporation (US)

  • Sidense Corporation (Canada)

  • Crossbar Inc. (US)

  • Micron Technology (US)

  • Sandisk Corporation (US)

  • Mushkin Inc.

Recent Developments 

  • The new model of 3D XPoint DRAM was shipped around the world. The massive order of one million DRAM was utilized for consumer electronics. 

  • The key players of the market are introducing 3D XPoint that is fast, sleek and compact. 

  • The key players of the market are implementing the next-gen non-volatile memory. The latency and performance of this technology are enhancing in the forecast period of 2022. 

  • In 2020, the newest 3D XPoint memory was launched with 128 layer flash. It is a new technology with hyper speed write feature. 

  • In 2020, the top players introduced the fifth-gen 3D XPoint with the BiCS5 feature. The quad-cell and triple-level cell performance is the speciality of this model. It is an exceptional product with affordable cost. 

Report Overview 

  •  Market overview highlights 

  •  Analysis based upon COVID 19

  •  Explanation upon the Market Dynamics

  •  Value chain analysis

  •  Market segmentation overview

  •  The regional analysis

  •  Competitive landscape analysis

  • Recent Development

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Frequently Asked Questions (FAQ) :

The global 3D XPoint markets are expected to grow by 13.5% in the forecast period. The market value is expected to be USD 5 billion.

The adoption of electronic devices and affordability is the key market driving factors.

North America holds the largest 3D XPoint technology market share in the world. Asia Pacific regions are the second-largest market and Europe the third-largest 3D XPoint market.

The segmentation by-user, by storage type and by region is important divisions in the market.

a few significant players in the global 3D Xpoint technology market are Micron (U.S.), Intel Inc. (U.S.), among others.