Latin America Next Generation Memory Market Size & Outlook

The next generation memory market in Latin America is expected to reach a projected revenue of US$ 196.6 million by 2030. A compound annual growth rate of 14.7% is expected of Latin America next generation memory market from 2024 to 2030.
Revenue, 2023 (US$M)
$75.4
Forecast, 2030 (US$M)
$196.6
CAGR, 2024 - 2030
14.7%
Report Coverage
Latin America

Latin America next generation memory market highlights

  • The Latin America next generation memory market generated a revenue of USD 75.4 million in 2023.
  • The market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
  • In terms of segment, non-volatile was the largest revenue generating technology in 2023.
  • Non-Volatile is the most lucrative technology segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 75.4 million
Market revenue in 2030USD 196.6 million
Growth rate14.7% (CAGR from 2023 to 2030)
Largest segmentNon-volatile
Fastest growing segmentNon-Volatile
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVolatile, Non-Volatile
Key market players worldwideSamsung Electronics Co Ltd, Micron Technology Inc, Fujitsu Ltd, SK Hynix Inc DR, Honeywell International Inc, Microchip Technology Inc, Everspin Technologies Inc, Infineon Technologies AG, KIOXIA, Kingston

Other key industry trends

  • In terms of revenue, Latin America region accounted for 1.0% of the global next generation memory market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 6,604.9 million by 2030.

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Next Generation Memory Market Companies

Name Profile # Employees HQ Website

Latin America next generation memory market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to next generation memory market will help companies and investors design strategic landscapes.


Non-volatile was the largest segment with a revenue share of 78.65% in 2023. Horizon Databook has segmented the Latin America next generation memory market based on volatile, non-volatile covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America Next Generation Memory Technology Outlook (Revenue, USD Million, 2017-2030)
    • Volatile
      • SRAM
      • Magneto-Resistive Random-Access Memory (MRAM)
      • Ferroelectric RAM (FRAM)
      • Resistive Random-Access Memory (ReRAM)
      • Nano RAM
      • Other (Phase change RAM & STT-RAM)
    • Non-Volatile
      • Hybrid Memory Cube (HMC)
      • High-bandwidth Memory (HBM)
  • Latin America Next Generation Memory Wafer Size Outlook (Revenue, USD Million, 2017-2030)
    • 200 mm
    • 300 mm
  • Latin America Next Generation Memory Application Outlook (Revenue, USD Million, 2017-2030)
    • BFSI
    • Consumer Electronics
    • Government
    • Telecommunications
    • Information Technology
    • Others

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America next generation memory market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America next generation memory market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America next generation memory market size, by country, 2017-2030 (US$M)

Latin America Next Generation Memory Market Outlook Share, 2023 & 2030 (US$M)

Latin America next generation memory market size, by country, 2017-2030 (US$M)

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