Next generation memory market seen reaching $15.63 billion by 2030

The next generation memory market is projected to nearly triple from $5.85 billion in 2025 to $15.63 billion by 2030, driven by AI, data centers and high-performance computing. Asia-Pacific led the market in 2025 and is expected to remain the fastest-growing region through 2030.

Why it matters: - Next generation memory is becoming a core enabling technology for AI, cloud computing, data centers and other high-performance workloads. - The market’s projected growth signals rising demand for faster, denser and more energy-efficient memory in digital infrastructure.

What happened: - The Business Research Company published a 2026 report on the next generation memory market. - The market is projected to rise from $5.85 billion in 2025 to $7.14 billion in 2026. - The report forecasts the market will reach $15.63 billion by 2030. - The forecast implies a 22.1% CAGR in the historical period from 2025 to 2026 and a 21.7% CAGR from 2026 through 2030.

The details: - Next generation memory covers advanced memory technologies designed to outperform traditional memory in speed, capacity, energy use and durability. - These technologies support artificial intelligence, big data analytics and cloud computing. - Growth in 2025 and 2026 is tied to demand for faster computing systems, broader use of semiconductor-based electronic devices, expanding data storage needs, advances in computing infrastructure and a stronger focus on memory performance and reliability. - The report says future growth will be driven by AI and high-performance computing, deeper use of advanced memory in data centers, more edge computing deployments, demand for energy-efficient memory and wider adoption in automotive and industrial markets. - Anticipated trends include greater use of high bandwidth memory, low-power memory options, high-density memory for data-heavy applications, advanced memory architectures and durable high-performance products. - The report says data center expansion is a major driver because these facilities rely on large-scale infrastructure to store, manage and deliver data and applications. - Next generation memory supports data centers with ultra-high bandwidth, lower latency and improved energy efficiency. - The UK Office for National Statistics reported that data center investments rose 77.7% in 2022 to $2.79 billion, the largest increase among all asset types. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

Between the lines: - The forecast points to a shift from memory as a back-end component to memory as a strategic performance layer for AI-era computing. - The strongest demand is likely to come from systems where speed, energy use and scale matter at the same time. - Asia-Pacific’s lead suggests the center of gravity for next generation memory production and adoption remains in the region.

What's next: - The report expects Asia-Pacific to remain the largest regional market and the fastest-growing one through the forecast period. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics and updated trend analysis. - The company is offering a free sample and the full report through its website. - Download a free sample of the report - View the full market report

The bottom line: - Next generation memory is moving from niche technology to essential infrastructure, with demand set to accelerate as AI and data center buildouts continue.