Market analyst firm Yole Developpement presents its latest next-generation memory forecasts in an interesting new article. The company says that following more than 15 years of development, PCM is finally taking off in stand-alone applications due to strong support from Intel and Micron.

Emerging NVM market (2018-2023, Yole)

STT-MRAM is expected to lead the embedded memory race as many foundries are rushing to add MRAM support and expertise to their product lines. STT-MRAM is promising for enterprise storage SCM.

According to Yole, stand alone MRAM sales will grow from around $50 million in 2018 to around $500 million in 2023. Embedded MRAM sales will grow much faster from only $1 million in 2018 to over $800 million by 2023.

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