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Global Phase Change Memory Market 2017-2021

Global Phase Change Memory Market 2017-2021

About Phase Change Memory

Phase change memory (PCM) stores data by changing the state of matter from which the device is fabricated. It can exist in two states and is a reversible structural phase. PCM is known to have a fast read access time, good data retention, and high data density. The design of phase changing materials consists of narrow electrodes called the heater, which is placed between the two electrodes. Chalcogenide is a widely-used material in PCM. When chalcogenide is heated and cooled, it retains an amorphous state. This state is highly resistive and represents a logical 0. When amorphous chalcogenide is heated and then cooled rapidly, it changes to a crystalline state, which is less resistive and is represented as logical 1.

Technavio’s analysts forecast the global phase change memory market to grow at a CAGR of 83.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global phase change memory market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of different PCM technologies.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Phase Change Memory Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • Micron Technology
  • Samsung Electronics
Other prominent vendors
  • HP
  • BAE Systems
Market driver
  • Increasing demand for data centers and cloud database.
  • For a full, detailed list, view our report
Market challenge
  • Need for high programming current density.
  • For a full, detailed list, view our report
Market trend
  • Emergence of low power consumption memory modules.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Phase Change Memory Market 2017-2021

Technavio recognizes the following companies as the key players in the global phase change memory market: IBM, Micron Technology, and Samsung Electronics.

Other Prominent Vendors in the market are: HP and BAE Systems.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is emergence of low power consumption memory modules. Semiconductor technology, which has driven the computer industry, is improving every year. The new computer architecture includes memory and computer elements that merge in a novel way so that the memory and CPU ecosystem are closer physically and operationally.”

According to the report, one driver in market is high scalability and low power consumption. PCM memory modules are more scalable and non-volatile compared with memory modules such as DRAM and MRAM. PCM scalability implies greater write endurance. Non-volatile memories fundamentally change the landscape of computing as they are able to change the physical state from amorphous to crystalline. Another feature of PCM is its low power consumption. These modules use phase change material such as germanium-antimony-tellurium (Ge2Sb2Te5) to change the state from amorphous to crystalline. The low power consumption of PCMs increases the battery life of electronic devices. This allows electronic devices to function for a longer period. It also increases their operating life cycles and reduces their overall maintenance costs. PCM also acts as a hybrid memory module, which combines PCM and flash memory. PCM has a fast cache memory module so that it can retain data. System boot using PCM will be instantaneous, application checkpoint will be inexpensive, and the system will provide stronger safety guarantees. This is expected to lead to the increase in the demand for PCM.

Further, the report states that one challenges in market is need for high programming current density. There is an increased demand for high programming current density (i.e., >107 A/cm² compared with 105-106 A/cm² for a typical transistor). PCM has high write latency and energy, which act as challenges for the operation of the PCM memory module. Phase change is a thermally driven process rather than an electronic process. Thermal conditions that allow for fast crystallization in a PCM material cannot be the same as the standby conditions of the material (at room). This can result in a decrease in data retention. In addition, the contact between the hot phase change region and the adjacent dielectric region of a phase change material begins to leak current at higher temperatures and may also lose adhesion when expanding at a different rate. A PCM material requires proper activation energy for crystallization. It achieves fast crystallization in programming conditions and slow crystallization in normal conditions.

Companies Mentioned

IBM, Micron Technology, Samsung Electronics, HP and BAE Systems.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Architecture of PCM
      • Table Global PCM market: Overview
  • Market landscape
    • Market size and forecast
      • Table Global PCM market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global PCM market by application 2016-2021 (% revenue share)
    • Global PCM market by enterprise storage
      • Table Global PCM market by enterprise storage 2016-2021 ($ millions)
    • Global PCM market by cell phones
      • Table Global PCM market by cell phones 2016-2021 ($ millions)
    • Global PCM market by smart cards
      • Table Global PCM market by smart cards 2016-2021 ($ millions)
  • Market segmentation by technology
    • Table Global PCM market by technology 2016 and 2021 (% share)
    • Table Comparison of memory types
    • Global PCM market by PCM as SRAM
      • Table Global PCM market by PCM as SRAM 2016-2021 ($ millions)
    • Global PCM market by PCM as DRAM
      • Table PCM as DRAM architecture
      • Table Global PCM market by PCM as DRAM 2016-2021 ($ millions)
      • Table Advantages of PCM as DRAM
    • Global PCM market by PCM as flash memory
      • Table Global PCM market by PCM as flash memory 2016-2021 ($ millions)
    • Global PCM market by PCM as SCM
      • Table Global PCM market by PCM as SCM 2016-2021 ($ millions)
      • Table Comparison of PCM with PCM-S and PCM-M
  • Geographical segmentation
    • Global PCM market by geography
      • Table Global PCM market by geography 2016 (% share)
    • PCM market in Americas
      • Table PCM market in Americas 2016-2021 ($ millions)
    • PCM market in APAC
      • Table PCM market in APAC 2016-2021 ($ millions)
    • PCM market in EMEA
      • Table PCM market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global smartphone penetration: Top five countries
      • Table Global enterprise spending on cloud storage 2011-2016 ($ billions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Next-generation memories
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Competitive features of PCM
      • Table Other prominent vendors
  • Key vendor analysis
    • Micron Technology
      • Table Recent developments: Micron Technology
    • Samsung Electronics
      • Table Recent developments: Samsung Electronics
    • IBM
      • Table Recent developments: IBM
  • Appendix
    • List of abbreviations
  • Explore Technavio

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