Embedded Non-Volatile Memory Market

By Product;

eFlash, eE2PROM, FRAM, and Others

By Technology;

3D NAND Technology and 2D NAND Technology

By Type;

NAND Flash and NOR Flash

By End-user;

Consumer Electronics, Enterprise Storage, Healthcare, and Automotive

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn854901435 Published Date: August, 2025 Updated Date: September, 2025

Embedded Non-Volatile Memory Market Overview

Embedded Non-Volatile Memory Market (USD Million)

Embedded Non-Volatile Memory Market was valued at USD 645.45 million in the year 2024. The size of this market is expected to increase to USD 2,007.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 17.6%.


Embedded Non-Volatile Memory Market

*Market size in USD million

CAGR 17.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)17.6 %
Market Size (2024)USD 645.45 Million
Market Size (2031)USD 2,007.75 Million
Market ConcentrationLow
Report Pages301
645.45
2024
2,007.75
2031

Major Players

  • Generalplus
  • GlobalFoundries
  • Kilopass Technology Inc.
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • KIOXIA America, Inc.
  • SAMSUNG
  • Western Digital Technologies, Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Embedded Non-Volatile Memory Market

Fragmented - Highly competitive market without dominant players


The Embedded Non-Volatile Memory (eNVM) Market is growing rapidly, driven by rising demand for efficient, secure, and low-power storage in electronic devices. Around 65% of integrated circuits utilize embedded NVM to support data storage, program execution, and system performance. Its reliability and compact design make it a critical component of advanced electronics.

Increasing Use in Consumer and Industrial Devices
The demand for smart gadgets, wearables, and industrial controllers is fueling eNVM adoption. More than 70% of connected electronics depend on embedded memory for persistent storage and operational efficiency, underlining its importance in powering next-generation applications.

Advances in Memory Technology
Innovations in flash-based designs, resistive RAM, and advanced nodes are enhancing eNVM capabilities. Over 55% of new solutions now provide faster performance, improved endurance, and better scalability, making them suitable for diverse applications such as AI, IoT, and telecommunications.

Growing Role in Automotive and IoT Systems
With more than 60% of automotive and IoT applications incorporating eNVM, its adoption is rising across smart mobility and connected platforms. Its ability to support secure storage, high reliability, and instant-on functions is making it indispensable in mission-critical systems.

Forward Market Potential
The Embedded Non-Volatile Memory Market is poised for strong growth, with over 50% of future semiconductor projects expected to embed NVM technologies. Advances in architecture, miniaturization, and energy optimization will keep eNVM at the forefront of secure and intelligent electronic solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Type
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Embedded Non-Volatile Memory Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Adoption of AI and ML technologies
        2. Expansion in consumer electronics like smartphones
        3. Regulatory requirements for data security
        4. Advancements in semiconductor manufacturing
      2. Restraints
        1. Concerns about reliability and durability
        2. Security vulnerabilities
        3. Difficulty achieving high-density memory
      3. Opportunities
        1. Demand for high-speed, high-capacity memory
        2. Expansion of IoT in smart city initiatives
        3. Shift towards autonomous vehicles
        4. Opportunities in aerospace and defense
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Embedded Non-Volatile Memory Market, By Product, 2021 - 2031 (USD Million)
      1. eFlash
      2. eE2PROM
      3. FRAM
      4. Others
    2. Embedded Non-Volatile Memory Market, By Technology, 2021 - 2031 (USD Million)

      1. 3D NAND Technology

      2. 2D NAND Technology

    3. Embedded Non-Volatile Memory Market, By Type, 2021 - 2031 (USD Million)

      1. NAND Flash

      2. NOR Flash

    4. Embedded Non-Volatile Memory Market, By End-User, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Enterprise Storage
      3. Healthcare
      4. Automotive
    5. Embedded Non-Volatile Memory Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Generalplus
      2. GlobalFoundries
      3. Kilopass Technology Inc.
      4. Microchip Technology Inc.
      5. NXP Semiconductors N.V.
      6. KIOXIA America, Inc.
      7. SAMSUNG
      8. Western Digital Technologies, Inc
  7. Analyst Views
  8. Future Outlook of the Market