Embedded non-volatile memory (eNVM) is a compact chip designed for a variety of embedded system applications. It is commonly used in smart cards, SIM cards, microcontrollers, PMICs, and display driver ICs for purposes such as data encryption, programming, trimming, identification, coding, and redundancy. Manufacturers prioritize providing secure eNVMs for MCUs in IoT-based devices.
ENVM is a type of memory that retains its stored data even when the power is switched off. Common ENVM technologies include Flash memory, Phase-Change Memory (PCM), and Resistive RAM (ReRAM). These technologies are widely used in electronic devices for storing user data, firmware, and program instructions.
The high efficiency and compact design of eNVMs are expected to replace bulkier, conventional standalone non-volatile memories. eNVMs are key components in IoT-based microcontroller devices. Their low power consumption and cost-effectiveness can significantly reduce consumer electronics costs, driving product demand in the coming years. The increasing need for security in connected devices is expected to fuel growth, as eNVMs provide a secure layer at the vulnerable physical level, protecting against passive, semi-invasive, and invasive attacks.
Additionally, eNVMs are used in automobiles, particularly in head-up displays and advanced features like keyless push-button start. The rising demand for smart cars is expected to drive the eNVM market over the next eight years. The trend toward miniaturization of devices, such as smartphones and automobile components, has pushed manufacturers to reduce process node sizes without compromising performance. For instance, Chinese manufacturer HHGrace is investing in RD to scale down process nodes, aiming to deliver compact and efficient eNVM solutions, PWM ICs, and MEMS chips.
This research report provides a comprehensive analysis of the Embedded Non-volatile Memory (Envm) market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Embedded Non-volatile Memory (Envm) market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Embedded Non-volatile Memory (Envm), challenges faced by the industry, and potential opportunities for market players.
The global Embedded Non-volatile Memory (Envm) market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Embedded Non-volatile Memory (Envm) market presents opportunities for various stakeholders, including Smart Card, SIM Card. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Embedded Non-volatile Memory (Envm) market. Additionally, the growing consumer demand present avenues for market expansion.
According to SEMI, worldwide sales of semiconductor manufacturing equipment increased 5% from $102 billion in 2021 to an all-time record of $107.6 billion last year. The record high for semiconductor manufacturing equipment sales in 2022 stems from the industry drive to add the fab capacity required to support long-term growth and innovations in key end markets including high-performance computing and automotive. Global sales of wafer processing equipment rose 8% in 2022, while other front-end segment billings grew 11%. After robust growth in 2021, assembly and packaging equipment sales decreased 19% last year while total test equipment billings contracted 4% year over year.
Key Features:
The research report on the Embedded Non-volatile Memory (Envm) market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
- Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Embedded Non-volatile Memory (Envm) market.
- Market Overview: The report provides a comprehensive overview of the Embedded Non-volatile Memory (Envm) market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., EFlash, EE2PROM), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
- Market Dynamics: The report analyses the market dynamics driving the growth and development of the Embedded Non-volatile Memory (Envm) market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Embedded Non-volatile Memory (Envm) market’s trajectory.
- Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Embedded Non-volatile Memory (Envm) market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
- Market Segmentation and Forecast: The report segment the Embedded Non-volatile Memory (Envm) market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
- Technological Trends: The report should highlight the key technological trends shaping the Embedded Non-volatile Memory (Envm) market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
- Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Embedded Non-volatile Memory (Envm) market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
- Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Embedded Non-volatile Memory (Envm), including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
- Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Embedded Non-volatile Memory (Envm) market.
- Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Embedded Non-volatile Memory (Envm) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- eFlash (Embedded Flash Memory)
- NOR Flash
- NAND Flash
- eEEPROM (Embedded Electrically Erasable Programmable Read-Only Memory)
- Serial EEPROM
- Parallel EEPROM
- eFRAM (Embedded Ferroelectric RAM)
- Parallel FRAM
- Serial FRAM
- eMRAM (Embedded Magnetoresistive RAM)
- STT-MRAM (Spin-Transfer Torque MRAM)
- TMRAM (Thermal-assisted MRAM)
- eRRAM (Embedded Resistive RAM)
- Metal Oxide ReRAM
- Conductive Bridge ReRAM
- ePCM (Embedded Phase Change Memory)
- PCM
By Technology:
- Floating Gate Technology
- Charge Trap Technology
- Magnetoresistive Technology
- Ferroelectric Technology
- Resistive Technology
- Phase Change Technology
By Application:
- Consumer Electronics
- Automotive
- Industrial
- Aerospace Defense
- Healthcare
- IT Telecommunication
- Others
By End-User:
- OEMs (Original Equipment Manufacturers)
- ODM (Original Design Manufacturers)
- Foundries
- Integrated Device Manufacturers (IDMs)
Global Embedded Non-volatile Memory (Envm) Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
- GlobalFoundries
- UMC
- SMIC
- HHGrace
- Synopsys
- EMemory Technology
- Cypress
- Actt
Key Drivers:
- Increasing demand for IoT devices: The growing demand for Internet of Things (IoT) devices is driving the need for low-power, high-performance memory solutions, which Envm can provide.
- Growth in automotive electronics: The increasing use of electronics in automobiles is also driving the demand for Envm, as these devices require memory that can withstand harsh conditions.
- Need for high-density, low-power memory: The demand for high-density, low-power memory is growing across various industries, including healthcare, aerospace, and defense, which is driving the adoption of Envm.
- Technological advancements: Advances in Envm technology are making these devices faster, more reliable, and more cost-effective, which is driving their adoption in various applications.
Restrains:
- High cost: Envm can be expensive, particularly for high-density devices, which can limit their adoption in some applications.
- Technological challenges: Developing Envm technology can be challenging, particularly for emerging technologies such as MRAM and ReRAM, which can slow their adoption.
- Reliability concerns: Envm devices may be vulnerable to data loss or corruption due to radiation or other external factors, which can limit their adoption in some applications.
- Competition from other memory technologies: Envm faces competition from other memory technologies such as flash memory, which can limit its adoption in some applications.
- Limited availability: Envm devices may not be widely available in all regions, which can limit their adoption.
