ReRAM is a non-volatile memory that consumes low power and has the potential to replace flash memory, currently used in mobile phones and MP3 players. ReRAM can be used as a storage medium such as flash, DRAM, or hard drive. Many companies are developing innovative ReRAM technology solutions that are cheaper, faster, more reliable, and more energy-efficient than existing flash RAM technology. ReRAM is cost-effective and efficient among emerging memory technologies as it requires few masks in the silicon bed and can be integrated into an MCU. However, the ReRAM has several reliability issues, such as limited write endurance, resistance drift, susceptibility to process variation (PV).
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The key players in the ReRAM market are Crossbar Inc. (US), Fujitsu Limited (Japan), Intel Corporation (US), Panasonic Corporation (Japan), Semiconductor Manufacturing International Corporation (China), SK Hynix Inc. (South Korea), Adesto Technologies Corporation (US), Micron Technology, Inc. (US), TSMC (Taiwan), 4DS Memory Limited (US), and Reliance Memory (China), Sony Corporation (Japan), SanDisk (US), Weebit Nano (Australia), and Rambus Incorporated (US).
Asia-Pacific holds the largest market share in the ReRAM market, owing to the growing demand for non-volatile memory enabled electronic devices such as smartphones and high-resolution TVs. The rising number of consumer electronics and the automotive industry in this region is driving the growth of the ReRAM market. Developing countries such as India, Japan, and China are establishing data centers, AI and IoT connected infrastructure, which is expected to fuel the growth of ReRAM market in Asia-Pacific. North America holds second largest market share in the ReRAM market.