Emerging memory and storage market seen reaching $13.46 billion by 2030

The emerging memory and storage technology market is projected to rise from $7.4 billion in 2025 to $8.37 billion in 2026, with long-term growth tied to cloud computing, AI workloads and faster data processing needs. North America led the market in 2025, while Asia-Pacific is expected to grow the fastest through 2030.

Why it matters: - Emerging memory and storage technologies are becoming core infrastructure for cloud computing, AI, big data and edge applications. - The market’s growth signals rising demand for faster, more energy-efficient and more scalable data systems. - The Business Research Company projects the market will reach $13.46 billion by 2030, up from $7.4 billion in 2025.

What happened: - The Business Research Company released its Emerging Memory and Storage Technology Global Market Report 2026, covering market size, trends and forecasts through 2035. - The report says the market will grow from $7.4 billion in 2025 to $8.37 billion in 2026, a 13.1% CAGR. - The report forecasts a 12.6% CAGR from 2026 to 2030. - The company describes emerging memory and storage technologies as newer alternatives to traditional hard drives and standard semiconductor memory. - The report includes a free sample and full report links for readers seeking more detail: the sample request and the full report.

The details: - Historical growth has been driven by higher demand for high-capacity storage, broader cloud adoption, rapid data center expansion, rising digital data generation and faster computing needs. - Future growth is expected to come from AI-optimized memory, advanced computing architectures, energy-efficient storage, edge computing and high-speed data processing. - The report highlights several forecast-period trends: high-performance memory for advanced computing, low-power and high-speed memory devices, next-generation non-volatile memory, scalable storage with better durability, and stronger focus on reliability and data retention. - Cloud computing is a major demand driver because it requires low latency, faster data processing and scalable storage for large workloads and real-time applications. - In March 2024, Flexera reported multi-cloud usage rose to 89% from 87% the previous year, underscoring continued cloud adoption.

Between the lines: - The market outlook suggests memory is shifting from a commodity component to a strategic enabler of performance and efficiency. - Demand is no longer just about capacity. The bigger push is toward speed, power savings and durability as computing becomes more data-intensive. - North America’s early lead and Asia-Pacific’s expected growth point to a market shaped by both mature cloud infrastructure and faster technology adoption in developing data ecosystems.

What's next: - The report expects Asia-Pacific to be the fastest-growing region over the forecast period. - North America remained the largest regional market in 2025. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The Business Research Company says its 2026 reports also include TAM analysis, company scoring matrices, forecasting dashboards and market hotspots graphics.

The bottom line: - The next decade for memory and storage looks less like a hardware refresh cycle and more like an infrastructure race for AI, cloud and high-speed data systems.