Market Share of Memristors Industry
The memristors market is growing in competition as new players are inclining toward it. Few players hold a significant presence in the market; however, with technological advancements, more and more players are expected to enter the market, driving the market's competition. To further consolidate their market presence, the vendors are increasingly focusing on expanding their R&D footprint into developing innovative solutions. Some major players in the market include Crossbar Inc., IBM Corporation, and Knowm Inc.
In July 2022, researchers working on a multi-institutional project led by IIT Jodhpur successfully fabricated high-performance resistive memory (memristor) devices with ultralow power consumption. The fabricated device comprises cadmium selenide (CdSe) quantum dots (QDs) with a high on/off ratio, good RAM performance, fast operation speed, and long retention time. This device is suitable for high-density data storage applications as it can perform logical operations with fast operation speed.
In May 2022, a new material for an electronic component that can be used in broad applications ranges was developed by researchers from ETH Zurich, the University of Zurich, and Empa. These components will help create more efficient electronic circuits to perform machine-learning tasks. Furthermore, the memristors developed are made of halide perovskite nanocrystals, a semiconductor material known primarily for its use in photovoltaic cells.
Memristors Market Leaders
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Crossbar Inc.
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IBM Corporation
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Knowm Inc.
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Samsung Group
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Intel Corporation
*Disclaimer: Major Players sorted in no particular order
