ECC Memory Market Share is expected to grow significantly during the forecast period 2019–2025.
The major factors driving the growth of ECC memory market are the growing number of data centers and servers, and increasing adoption of the internet of things technology. IoT adoption is being witnessed across various sectors including automotive, industrial, and infrastructure. With each development comes huge volumes of data that require high-end data processing capabilities with a differentiated storage portfolio. As a result, the demand for error coding, reliable, and cost-effective high-density ECC memory solutions is growing. The ECC Memory help in rectifying any physical or programming error while writing data on a memory chip. However, high fabrication and maintenance cost of ECC memory chips along with higher prices as compared to non-ECC memory than non-ECC memoy is expected to restrain the market growth.
Segmentation
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.
Regional Analysis
The ECC memory market has been categorized into four regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Europe is one of the major consumers of ECC memory. The demand in the region is anticipated to expand at a rapid pace owing to the expansion of applications in various industry verticals such as consumer electronics, automotive, and IT and telecommunications. The region has witnessed high demand for DRAMs in consumer electronic devices that require fast, non-volatile memory for smartphones, PC/laptops, and gaming consoles applications.
According to the GSM Association, over 70% of the users have adopted smartphones in the European region. Similarly, the increasing adoption of GPS and navigation systems in the automotive industry is also driving the ECC memory market. Moreover, the requirement of data centers in the region has increased over the years due to increasing cloud computing applications in verticals such as BFSI. This has further created the demand for ECC DRAM memory for servers.
Key Players
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.
More Information@
ECC Memory Market by Type, Size, Growth and Forecast – 2025 | MRFR
ECC Memory Market is supposed to reach USD 13.08 billion by the end of the Approaching Period at a…
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