Memristor Market Size, Share, Growth, Analysis and Forecast 2033

The memristor market refers to a type of resistance-switching memory device that is capable of mimicking biological synaptic functions in artificial neural networks. The device is a type of memory device, characterized by its ability to change its resistance based on the history of the current or voltage previously applied. The contribution to the development of memristor-based edge AI devices that can process data locally with minimal power is providing lucrative opportunities in IoT, autonomous vehicles, and real-time data analytics, thereby escalating the market growth opportunity for memristor.