Market analyst firm Yole Developpement presents its latest next-generation memory forecasts in an interesting new article. The company says that following more than 15 years of development, PCM is finally taking off in stand-alone applications due to strong support from Intel and Micron.

Emerging NVM market (2018-2023, Yole)

While STT-MRAM is expected to lead the embedded memory race, Yole says that Stand-alone RRAM will try to catch market share to PCM on SCM application. RRAM was actually expected to be the first stand-alone technology to compete with 3D XPoint, but it has suffered repeated delays due to technical challenges. Yole expects RRAM to "return to the race for SCM" after 2020, and possibly start competing with NAND for mass storage applications.

Yole sees "AI on the edge" as the most innovative application for embedded emerging NVM. The company expects that RRAM-based AI devices will enter the market after 2021.

According to Yole, stand alone RRAM sales will grow from around $15 million in 2018 to around $1 billion million in 2023. Embedded RRAM sales will grow from around $5 million in 2018 to over $270 million by 2023.