Coughlin sees the MRAM market growing from $190 million in 2013 to over $2 billion in 2019

Coughlin Associates released a new report on non-volatile memory and storage technologies. The authors see MRAM and STT-MRAM replacing SRAM and DRAM within the next few years - and probably before RRAM replaces flash memory. MRAM advances quickly and this will result in lower prices which will make the technology very competitive.

Coughlin projects that MRAM and STT-MRAM annual shipping capacity will rise from an about 80 TB in 2013 to 16.5 PB in 2019. Revenues will increase from $190 million in 2013 to $2.1 billion in 2019. This will obviously require more production capacity and the MRAM manufacturing equipment market (not including the CMOS creation) will rise from $52.9 million in 2013 to $246.3 million in 2019.

More information can be found over at Coughlin Associates

Posted: Apr 21,2014 by Ron Mertens