The global market for circuit elements with memory (memresistors, memcapacitors, meminductors) is expected to reach $529.6 million by 2021 from $39.8 million in 2016, rising at a compound annual growth rate (CAGR) of 67.8% from 2016 through 2021.
The non-volatile memory application market is the largest market of circuit elements with memory. The market is expected to grow from $21.6 million in 2016 to $226.8 million in 2021 at a CAGR of 60.0% for the period 2016-2021.
The global market for the control systems application of circuit elements with memory is expected to grow from $590 thousand in 2016 to $14.6 million in 2021 at a CAGR of 90.0% for the period 2016-2021.
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