Middle East & Africa Next Generation Memory Market Size & Outlook

The next generation memory market in Middle East & Africa is expected to reach a projected revenue of US$ 441.6 million by 2030. A compound annual growth rate of 10.1% is expected of Middle East & Africa next generation memory market from 2024 to 2030.
Revenue, 2023 (US$M)
$225.8
Forecast, 2030 (US$M)
$441.6
CAGR, 2024 - 2030
10.1%
Report Coverage
Middle East & Africa

MEA next generation memory market highlights

  • The MEA next generation memory market generated a revenue of USD 225.8 million in 2023.
  • The market is expected to grow at a CAGR of 10.1% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

MEA data book summary

Market revenue in 2023USD 225.8 million
Market revenue in 2030USD 441.6 million
Growth rate10.1% (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, MEA region accounted for 2.9% 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Next Generation Memory Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 78.83% in 2023. Horizon Databook has segmented the Middle East & Africa next generation memory market based on volatile, non-volatile covering the revenue growth of each sub-segment from 2017 to 2030.


  • Middle East & Africa 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)
  • Middle East & Africa Next Generation Memory Wafer Size Outlook (Revenue, USD Million, 2017-2030)
    • 200 mm
    • 300 mm
  • Middle East & Africa Next Generation Memory Application Outlook (Revenue, USD Million, 2017-2030)
    • BFSI
    • Consumer Electronics
    • Government
    • Telecommunications
    • Information Technology
    • Others

Reasons to subscribe to Middle East & Africa next generation memory market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Middle East & Africa next generation memory market databook

  • Our clientele includes a mix of next generation memory market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

Partial client list

  • logo

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

Middle East & Africa Next Generation Memory Market Outlook Share, 2023 & 2030 (US$M)

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

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more