MRAM Market Share

Statistics for the 2023 & 2024 MRAM market share, created by Mordor Intelligence™ Industry Reports. MRAM share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of MRAM Industry

The magneto resistive RAM (MRAM) market is competitive. The major players with a prominent market share are focusing on expanding their customer base across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market share and profitability. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.

  • January 2022 - Samsung Electronics, a world leader in advanced semiconductor technology, demonstrated the world's first in-memory computing based on MRAM (Magneto-resistive Random Access Memory). The research was carried out by the Samsung Advanced Institute of Technology (SAIT) in collaboration with the Samsung Electronics Foundry Business and Semiconductor R&D Center. In line with this technological development, Samsung aims to merge memory and system semiconductors for next-generation artificial intelligence (AI) chips, along with strengthening its market position.
  • May 2022 - Everspin launched its new product, the EMxxLX xSPI MRAM, a non-volatile memory solution, for applications in industrial IoT and embedded systems. It aims to provide its customers with an alternative to SPI NOR/NAND flash, along with densities ranging between 8MB and 64MB and much faster R/W data rates of up to 400MB/s.

Magneto Resistive RAM (MRAM) Market Leaders

  1. Honeywell International Inc.

  2. Infineon Technologies AG

  3. Intel Corporation

  4. Avalanche Technology Inc.

  5. Samsung Electronics Co. Ltd

*Disclaimer: Major Players sorted in no particular order

Magneto Resistive RAM (MRAM) Market Concentration

MRAM Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)