UAE Next Generation Memory Market Size & Outlook

The next generation memory market in the UAE is expected to reach a projected revenue of US$ 91.4 million by 2030. A compound annual growth rate of 9.8% is expected of the UAE next generation memory market from 2024 to 2030.
Revenue, 2023 (US$M)
$47.6
Forecast, 2030 (US$M)
$91.4
CAGR, 2024 - 2030
9.8%
Report Coverage
UAE

UAE next generation memory market highlights

  • The UAE next generation memory market generated a revenue of USD 47.6 million in 2023 and is expected to reach USD 91.4 million by 2030.
  • The UAE market is expected to grow at a CAGR of 9.8% 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.

Next generation memory market data book summary

Market revenue in 2023USD 47.6 million
Market revenue in 2030USD 91.4 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentNon-volatile
Fastest growing segmentNon-Volatile
Historical data2017 - 2022
Base year2023
Forecast period2024 - 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, UAE accounted for 0.6% of the global next generation memory market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia next generation memory market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 220.3 million by 2030.

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Next Generation Memory Market Companies

Name Profile # Employees HQ Website

UAE 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 79.2% in 2023. Horizon Databook has segmented the UAE next generation memory market based on volatile, non-volatile covering the revenue growth of each sub-segment from 2017 to 2030.


  • UAE 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)
  • UAE Next Generation Memory Wafer Size Outlook (Revenue, USD Million, 2017-2030)
    • 200 mm
    • 300 mm
  • UAE 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 country-level data and insights on the UAE next generation memory market , including forecasts for subscribers. This country databook contains high-level insights into UAE next generation memory market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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UAE next generation memory market size, by technology, 2017-2030 (US$M)

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

UAE next generation memory market size, by technology, 2017-2030 (US$M)

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