The global polymer memory market is projected to amass a revenue of around US$ 6,715.1 million by 2032, up from US$ 1,206.8 million in 2022 moving forward with a CAGR of 18.7 during the forecast period.
Polymer memory is a PEDOT (Polyethylene Dioxythiopene)-based technology used in memory device deployment for data storing, reading, and writing. Data is saved by altering the polarization of each polymer in polymer memory devices, which are constructed between two electrodes and function as memory cells.
By employing electrical pulses to identify the space charges in the polymers, these devices reflect memory. Polymer memory may achieve large storage capacity and is up to 10 times faster than conventional memory devices since it is non-volatile.
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