Magneto Resistive RAM (MRAM) Market Share Size, Growth, Industry Trends and Forecast 2028
According to the latest report by IMARC Group, titled “ Magneto Resistive RAM (MRAM) Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, ” offers a comprehensive analysis of the industry, which comprises insights on the magneto resistive RAM (MRAM) market report . The global magneto resistive RAM (MRAM) market size reached US$ 427.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,525 Million by 2028, exhibiting a growth rate (CAGR) of 44.5% during 2023-2028. Magneto resistive random access memory (MRAM), also called magnetic RAM, represents a non-volatile memory that utilizes magnetic charges to store information. Some of the commonly available variants are spin-transfer torque and toggle MRAM. They use a magnetic tunnel junction (MTJ) that consists of two magnetic layers divided via a dielectric or insulation layer. It is a high-density RAM and involves a capacitor and a transistor. As compared to the t...