Global magneto resistive RAM (MRAM) market will reach $19,189.3 million by 2031, growing by 36.6% annually over 2021-2031, driven by the increasing adoption of digitalization and wearable devices, the technological advancement such as 5G/IoT/cloud service, the need for higher memory space and reduction in boot up time in advanced computing.

Highlighted with 79 tables and 75 figures, this 151-page report “Global Magneto Resistive RAM (MRAM) Market 2021-2031 by Technology (Toggle MRAM, STT-MRAM), Product Type (Stand-alone, Embedded), Application (Enterprise Storage, Consumer Electronics, Automotive, Robotics, Aerospace and Defense), Distribution (Direct Sales, Distributors and Resellers), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global magneto resistive RAM (MRAM) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces


The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global magneto resistive RAM (MRAM) market in every aspect of the classification from perspectives of Technology, Product Type, Application, Distribution, and Region.

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Toggle MRAM
  • Spin-transfer Torque MRAM (STT-MRAM)



Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Stand-alone MRAM
  • Embedded MRAM



By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Enterprise Storage
  • Consumer Electronics
  • Automotive
  • Robotics
  • Aerospace and Defense
  • Medical Devices
  • Other Applications



By Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Direct Sales
  • Distributors and Resellers



Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, South Africa, Other Nations)


For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of the region(s) by country and split of all regional markets by Technology, Product Type, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

  • Avalanche Technology Inc.
  • Crocus Nano Electronics LLC
  • Everspin Technologies Inc.
  • HFC Semiconductor Corporation
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Intel Corporation
  • Numem
  • NVE Corporation
  • Qualcomm Incorporated
  • Samsung Electronics Co., Ltd.
  • Spin Transfer Technologies
  • Toshiba Corporation
  • Tower Semiconductor Ltd.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)