3D XPoint Market Size, Share, Growth Analysis, By End-user(Telecommunication, Consumer Electronics, Automotive, Healthcare), By Storage(1.5 TB, 750 GB), By Region - Industry Forecast 2024-2031

Global 3D XPoint Market size was valued at USD 1.9 Billion in 2022 and is poised to grow from USD 2.16 Billion in 2023 to USD 6.03 Billion by 2031, growing at a CAGR of 13.7% in the forecast period (2024-2031).

The market trend towards 3D Xpoint technology has evolved due to the need for small-scale storage. The 3D Xpoint performs very differently when compared to a NAND gate. NAND only defines values that hold a different number of electrons in an insulated floating gate, 3D Xpoint has resistance technology that works by changing the bulk of the properties to change the level of resistance of the cell and distinguish between 0. 3D Xpoint has a very simple layout of both memory cells and selectors. This bit sits between the line and the word line and is activated by a selector and continues toning down for reading or writing. 3D Xpoint has provided durability, huge power storage, high performance and high speed which is the reason behind the growth of global 3D xpoint market.

Moreover, the cost is lower than other non-thermal storage devices, which is the most important factor for market growth. Its only limitation is the interface which is a major restriction in the growth of global 3D xpoint market. 3D Xpoint is a technology based on non-volatile memory. It has higher storage capacity at a lower price than dynamic RAM. It is more expensive than NAND flash but is considered faster and more energy efficient. Like all other RAM chips, it has a variety of unique characteristics, is byte addressable and can be used as main memory or as a secondary RAM bank. Because it is non-volatile, it can replace or supplement hard disk drives or solid-state drives.