Memristors Market - Growth, Trends, and Forecast (2019 - 2024)

The Memristors Market is segmented by Type (Molecular and Ionic Thin Film, Spin-based and Magnetic Memristor), Application (Non-volatile Memory, Crossbar Latches, and Neuromorphic and Biological System), End-user Industry (Consumer Electronics, IT & Telecom, Automotive, and Other End-user Industries), and Geography.

Market Snapshot

Study Period:


Base Year:


Fastest Growing Market:

Asia Pacific

Largest Market:

North America



Key Players:

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Market Overview

The memristors market is expected to register a CAGR of 64.5% during the forecast period, 2019 - 2024. Memristors find applications in non-volatile memory solutions, low power, and remote sensing applications. They are expected to replace transistors that are currently used with much smaller solid-state memristors.

  • As the number of industrial robots worldwide has increased considerably, escalating demand for automation process in industries, and the resulting rise in the number of industrial robots is expected to increase the share of the memristors market, as these robots require flash memories with less boot time, high durability, and smaller space consumption.
  • The non-linearity of the device makes it attractive for complex brain-like control of robotics, and the device operates at very low power, making memristor-based circuits much more energy efficient than conventional transistor circuitry.
  • The IoT, cloud computing, and big data trends have created significant demand for fast and efficient hardware components, in turn, driving the demand for memristors. On the flip side, the complexity of this technology is making it hard for current systems to adapt and implement.


Scope of the Report

Memristors are basic circuit elements, the resistance value of which changes depending on the direction in which electric current is flowing through it. It can also be said that memristors are resistors that possess the property of memory. Memristor is the fourth fundamental circuit element joining the resistor, capacitor, and inductor. It maintains a relation between time integrals of current and voltage across two terminal elements. These circuit elements have emerged as a feasible substitute for flash memory, which supports the fabrication of advanced neutral networks. It has the potential to enhance several areas of integrated circuit designs and computing.

By Type
Molecular and Ionic Thin Film
Spin-based and Magnetic Memristor
By Application
Non-volatile Memory
Crossbar Latches
Neuromorphic and Biological System
Programmable Logic and Signal Processing
Other Applications
By End-user Industry
Consumer Electronics
IT and Telecom
Other End-user Industries
North America
Rest of the World

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Key Market Trends

Electronics Segment to a Hold Significant Market Share

  • The majority of flexible memory devices do not address the needs of a rewritable, low-power flexible memory device. Hence, the memristors fill this void in the form of elementary circuit elements that may be used to build a new generation of computers, called neuromorphic computers.
  • Furthermore, the emerging trend of transparent electronics is also expected to offer potential opportunities for the introduction of innovative products. 
  • Additionally, increase in the number of industrial robots application, which requires memory on large scale, along with the increase in demand of tablets, watches, smartphones, and other smart wearable devices is also fueling the demand of memristors across the electronic segment.

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North America to Occupy the Largest Share in the Market

  • With major R&D departments of players, such as HP, IBM, AMD, and Intel, North America is expected to have the highest growth rate over the forecast period, with increasing investments in R&D in the IT sector by local governments. 
  • The presence of highly informed consumer base compared to other regions accounted for the largest share in the studied market. The region is also one of the most prominent contributors to the majority of applications of memristors, including flexible electronics, IoT, and industrial robotics in the recent past.

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Competitive Landscape

The memristors market is moderately competitive and consists of several major players. Few of the players currently dominate the market, however, with the advancements in the memory segment, most of the companies are increasing their market presence, thereby tapping the various end-user segments.

  • April 2019 - AMD announced the launch of new AMD Ryzen Embedded R1000 SoC. Building upon the success of the Ryzen Embedded V1000 SoC, the AMD Ryzen Embedded R1000 SoC provides embedded customers with dual-core, quad-threaded performance, the ability to run fan less, and low power solutions for 4K displays, while providing leading-edge security features. 

Major Players

  1. Hewlett Packard Enterprise Co.
  2. IBM Corporation
  3. AMD Inc.
  4. Samsung Electronics Co. Ltd
  5. Intel Corporation

* Complete list of players covered available in the table of contents below


Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

      1. 4.3.1 Increasing Demand for IoT, Cloud Computing, and Big Data

      2. 4.3.2 Surging Demand for Application of Automation Robots

    4. 4.4 Market Restraints

      1. 4.4.1 Complexity in Technology Application across End-user Segments

    5. 4.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Technology Snapshot


    1. 5.1 By Type

      1. 5.1.1 Molecular and Ionic Thin Film

      2. 5.1.2 Spin-based and Magnetic Memristor

    2. 5.2 By Application

      1. 5.2.1 Non-volatile Memory

      2. 5.2.2 Crossbar Latches

      3. 5.2.3 Neuromorphic and Biological System

      4. 5.2.4 Programmable Logic and Signal Processing

      5. 5.2.5 Other Applications

    3. 5.3 By End-user Industry

      1. 5.3.1 Consumer Electronics

      2. 5.3.2 IT and Telecom

      3. 5.3.3 Automotive

      4. 5.3.4 Healthcare

      5. 5.3.5 Other End-user Industries

    4. 5.4 Geography

      1. 5.4.1 North America

      2. 5.4.2 Europe

      3. 5.4.3 Asia-Pacific

      4. 5.4.4 Rest of the World


    1. 6.1 Company Profiles

      1. 6.1.1 Hewlett Packard Enterprise Co.

      2. 6.1.2 IBM Corporation

      3. 6.1.3 AMD Inc.

      4. 6.1.4 Samsung Electronics Co. Ltd

      5. 6.1.5 Rambus Inc.

      6. 6.1.6 Intel Corporation

      7. 6.1.7 Micron Technology Inc.

      8. 6.1.8 SanDisk Corporation

      9. 6.1.9 Toshiba Corporation

      10. 6.1.10 Panasonic Corporation

      11. 6.1.11 Texas Instruments Inc.

    2. *List Not Exhaustive


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