Leading Embedded Non-volatile Memory Product Markets Databank

Leading Embedded Non-volatile Memory Product Markets Databank

The Embedded Non-volatile Memory market was valued at $327.6 Million in 2020, and is projected to reach $1,241.4 Million by 2029 growing at a CAGR of 17.18% from 2021 to 2029. eFlash segment is expected to be the highest contributor to this market, with $125.7 Million in 2020, and is anticipated to reach $456.4 Million by 2029, registering a CAGR of 16.63%. eE2PROM segment is anticipated to reach $412.9 Million by 2029 with the highest CAGR of 17.52%. eFlash and eE2PROM segments collectively expected to account for about 70.8% share of the Embedded Non-volatile Memory market in 2020, with the former constituting around 38.4% share. eE2PROM and FRAM segments are expected to witness significant growth rates at a CAGR of 17.52% and 17.30% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 59.7% in the overall Embedded Non-volatile Memory market in 2020, and is anticipated to reach 60.8% by 2029.