PUBLISHER: KBV Research | PRODUCT CODE: 1709934
PUBLISHER: KBV Research | PRODUCT CODE: 1709934
The North America Non-volatile Dual In-line Memory Module Market would witness market growth of 29.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Non-volatile Dual In-line Memory Module Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,303.2 million by 2031. The Canada market is experiencing a CAGR of 32% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 30.9% during (2024 - 2031).
As system availability becomes increasingly critical in a data-driven world, the need for faster and more reliable disaster recovery solutions has intensified. NVDIMMs offer a unique advantage by retaining in-flight data during unexpected power losses or crashes, enabling systems to reboot almost instantly without requiring full restoration from slower backup storage. For example, Nasdaq and Deutsche Bank have adopted persistent memory technologies to ensure that real-time processes, such as transaction logging and data consistency checks, resume immediately after outages. This reduction in recovery time preserves operational continuity and helps avoid losses that would otherwise occur during prolonged system downtime.
Similarly, organizations like Siemens Energy and GE utilize NVDIMMs in their control systems to maintain real-time operational data during unexpected shutdowns, ensuring rapid system restarts. Cloud platforms like AWS and Microsoft Azure integrate persistent memory into their server infrastructure to support high-availability services and meet strict service-level agreements (SLAs).
The United States' demand is primarily driven by its booming cloud computing sector, AI research ecosystem, and hyperscale data center infrastructure. The widespread adoption of real-time analytics, high-frequency trading systems, and mission-critical applications in government and defense also fuels demand. A key factor driving the market is the CHIPS and Science Act, which allocates $53 billion to boost domestic semiconductor manufacturing and R&D. This funding includes targeted support for advanced memory technologies like NVDIMMs, particularly as part of the nation's strategic push for supply chain independence and next-gen computing capabilities. Moreover, collaboration between government bodies and companies like Micron and HPE is helping to scale persistent memory solutions across enterprise and cloud platforms.
Based on Product, the market is segmented into NVDIMM-N, NVDIMM-F, and NVDIMM-P. Based on Capacity, the market is segmented into 16GB, 8GB, and 32GB & above. Based on End-use, the market is segmented into Enterprise Storage & Server, High-End Workstation, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Non-volatile Dual In-line Memory Module Market Report Segmentation
By Product
By Capacity
By End-use
By Country