Magneto Resistive RAM (MRAM) Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global Magneto Resistive 
RAM (MRAM) Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t h e  l a t es t  r epo r t  by  I M A RC G r o up ,  t i t l ed  " M agn et o  Res i s t i v e  RA M  
( M R AM )  M arke t :  G l oba l  I n dust r y  T ren ds ,  Sh are ,  S i ze ,  G r ow t h ,  O ppor t un i t y  and  
For ec as t  202 4 - 203 2 , "  t h e  g lob a l  m agn e t o  r es i s t i ve  RAM  ( M RAM )  m a r ke t  s i ze  
r eac hed  US$  6 17 . 2  M i l l i on  i n  2 023 .
Report M ag ne t o  r e s i s t i ve  r an dom - acc ess  m em or y  ( M R AM )  r e f e r s  t o  a  no n - vo la t i l e  m em or y  
ch ip  t ha t  i s  gene r a l l y  use d  f o r  s t o r i n g  da t a  and  i n f o r m a t i on  i n  m ag ne t i c  dom a ins .  I t  
i s  f ab r i ca t ed  w i t h  a  c om b in a t i on  o f  h igh  speed  and  h ig h  den s i t y  o f  dyn am ic  r ando m -
Highlight and acce ss  m e m or y  ( DRA M )  an d  s t a t i c  r ando m - ac cess  m em o r y  ( RAM )  t o  o f f e r  a  l a r ge  
vo lum e  s t o r ag e  so lu t i on .  
Description I t  i s  w ide ly  a dop t e d  as  a  p r e f e r r ed  a l t e r na t i ve  f o r  con ven t i ona l  m e m or y  d ev i ce s  as  i t  does  no t  r equ i r e  powe r  t o  m a in t a in  an d  s t o r e  da t a ,  o f f e r s  exce l l en t  r ead ing  a nd  
wr i t i n g  spee d  and  i s  en e r gy - e f f i c i en t  i n  na t u r e .  The  d em an d  f o r  M RAM  i s  i nc r ea s ing  
ac r o ss  t h e  g lo be  du e  t o  t he  r i s i n g  nee d  f o r  l a r g e  en t e r p r i se  s t o r ag e  sy s t em s .
Reque st  f o r  a  PDF  sam pl e  o f  t h i s  re por t :  
h t t p s : / / www. im ar c g r ou p . com / m a gne t o - r es i s t i ve - r am - m a r ke t / r equ es t sa m p le
Report Description
G lo b a l  M a g n e t o  R e s i s t i v e  R A M  ( M R A M )  M a r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  i s  p r i m a r i l y  d r i v e n  b y  t h e  i n c r e a s i n g  m a n u f a c t u r i n g  a n d  s e l l i n g  o f  c o n s u m e r  e l e c t r o n i c s .  A l o n g  w i t h  t h i s ,  t h e  
r a p i d  u t i l i z a t i o n  o f  c o n n e c t e d  d e v i c e s  a n d  c o m p u t e r  s y s te m s  a c r o s s  m u l t i p l e  i n d u s t r i e s  i s  c r e a t i n g  a  p o s i t i v e  m a r k e t  o u t l o o k .  
M o r e o v e r ,  c o n t i n u a l  t e c h n o l o g i c a l  a d v a n c e m e n t s  a n d  t h e  g r o w i n g  a d o p t i o n  o f  v i r t u a l  r e a l i t y  ( V R ) ,  a u g m e n t e d  r e a l i t y  ( A R )  a n d  t h e  
i n t e r n e t  o f  t h i n g s  ( I o T )  a r e  p r o v i d i n g  a n  i m p e t u s  t o  t h e  m a r k e t  g r o w th .  A d d i t i o n a l l y ,  s e v e r a l  l e a d i n g  p l a y e r s  a r e  h e a v i l y  i n v e s t i n g  
i n  e m b e d d e d  a n d  s t a n d - a l o n e  m e m o r y  c h i p s ,  w h i c h  i s  s i g n i f i c a n t l y  s u p p o r t i n g  t h e  g r o w th  o f  t h e  M R A M  m a r k e t  o n  t h e  g l o b a l  l e v e l .  
F u r t h e r m o r e ,  t h e  e s c a l a t i n g  d e m a n d  f o r  c l o u d  s e r v i c e s  d u e  t o  t h e  r i s i n g  a d o p t i o n  o f  t h e  w o r k - f r o m - h o m e  m o d e l s  o n  a c c o u n t  o f  t h e  
s u d d e n  o u t b r e a k  o f  c o r o n a v i r u s  d i s e a s e  ( C O V I D - 1 9 )  i s  i m p a c t i n g  t h e  m a r k e t  f a v o r a b l y .  O t h e r  f a c t o r s ,  i n c l u d i n g  r a p i d  d i g i t i z a t i o n  
a n d  i n d u s t r i a l i z a t i o n ,  t h e  r i s i n g  p r o d u c t  u t i l i z a t i o n  i n  c u s t o m i z e d  a n d  m i n i a t u r i z e d  i n t e g r a t e d  c i r c u i t s  ( IC s )  a n d  e x te n s i v e  r e s e a r c h  
a n d  d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  c o n d u c t e d  b y  k e y  p l a y e r s  i n  t h e  d e v e l o p m e n t  o f  n e x t - g e n e r a t i o n  r e a d  a c c e s s  m e m o r y ,  a r e  a l s o  
p o s i t i v e l y  i n f l u e n c i n g  t h e  m a r k e t .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  r e a c h  a  v a l u e  o f  U S $  1 1 ,0 7 6 .3  M i l l i o n  b y  2 0 3 2 ,  e x h i b i t i n g  a  C A G R  o f  3 7 .1 %  
d u r in g  2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / m a g n e t o - r e s i s t i v e - r a m - m a r k e t
Breakup by Type:
• Toggle MRAM
• Spin-Transfer Torque MRAM (STT-MRAM)
 
Breakup by Off ering:
Report • Stand-alone
• Embedded
Segmentation
Breakup by Application:
• Consumer Electronics
• Robotics
• Enterprise Storage
• Automotive
• Aerospace and Defense
• Others
Breakup by Region:
• North America
Report 
• Asia-Pacifi c
Segmentation • Europe
• Latin America
• Middle East and Afr ica
• Avalanche Technology Inc.
• Crocus Nano Electronics LLC
• Everspin Technologies Inc.
• Honeywel l  International  Inc.
Competitive 
• Infi neon Technologies AG
Landscape • Intel  Corporation
with Key • NVE Corporation
• Qualcomm Incorporated
Players
• Samsung Electronics Co. Ltd.
• Spin Memory Inc.
• Toshiba Corporat ion
• Tower Semiconductor Ltd.
What was the size of the global magneto resistive RAM 
(MRAM) market in 2023?
What is the expected growth rate of the global magneto 
resistive RAM (MRAM) market during 2024-2032?
What are the key factors driving the global magneto resistive 
RAM (MRAM) market?
Key 
What has been the impact of COVID-19 on the global 
magneto resistive RAM (MRAM) market?
Questions 
What is the breakup of the global magneto resistive RAM 
Answered in (MRAM) market based on the type?
the Report What is the breakup of the global magneto resistive RAM (MRAM) market based on the offering?
What is the breakup of the global magneto resistive RAM 
(MRAM) market based on the application?
What are the key regions in the global magneto resistive 
RAM (MRAM) market?
Who are the key players/companies in the global magneto 
resistive RAM (MRAM) market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  M a g n e t o  R e s i s t i v e  R A M  ( M R A M )  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     T o g g l e  M R A M
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S p i n - T r a n s f e r  T o r q u e  M R A M  ( S T T - M R A M )
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  O f f e r i n g
    7 . 1     S t a n d - a l o n e
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     E m b e d d e d
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    8 . 1     C o n s u m e r  E l e c t r o n i c s
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     R o b o t i c s
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
Table of     8 . 3     E n te r p r i s e  S to r a g e        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
    8 . 4     A u to mo t i v e
Contents         8 . 4 . 1  M a r k e t  T r e n d s
        8 . 4 . 2  M a r k e t  F o r e c a s t
    8 . 5     A e r o s p a c e  a n d  D e fe n s e
        8 . 5 . 1  M a r k e t  T r e n d s
        8 . 5 . 2  M a r k e t  F o r e c a s t
    8 . 6     O th e r s
        8 . 6 . 1  M a r k e t  T r e n d s
        8 . 6 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  R e g i o n
    9 . 1     N o r t h  A m e r i c a
        9 . 1 . 1  U n i t e d  S t a te s
           9 . 1 . 1 . 1  M a r k e t  T r e n d s
           9 . 1 . 1 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t io n ,  v i s i t :  
ht tps : / /www. imarcgroup .com/magneto - res i s t i ve - r am-market
/ toc
Partial List of Clients
Partial List of Clients
Disclaimer
© 2024  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
+1-631-791-1145
[email protected]
Stay With Us: