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Magnetoresistive RAM (MRAM)-Global Market Insights and Sales Trends 2025
Synopsis
MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non volatile RAM memory which uses magnetic charges in order to store data.
The global Magnetoresistive RAM (MRAM) market size is expected to reach US$ 357.8 million by 2029, growing at a CAGR of 13.3% from 2023 to 2029. The market is mainly driven by the significant applications of Magnetoresistive RAM (MRAM) in various end use industries. The expanding demands from the Consumer Electronics, Robotics, Automotive and Enterprise storage, are propelling Magnetoresistive RAM (MRAM) market. Toggle MRAM, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Second Generation MRAM (STT-MRAM) segment is estimated at % CAGR for the next seven-year period.
Global core MRAM manufacturers include Everspin Technologies, Avalanche Technology, Honeywell etc.The top 3 companies hold a share about 47%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 5%.
In terms of product, toggle MRAM is the largest segment, with a share over 70%. And in terms of application, the largest application is aerospace, followed by automotive.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetoresistive RAM (MRAM), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetoresistive RAM (MRAM) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetoresistive RAM (MRAM) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetoresistive RAM (MRAM) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetoresistive RAM (MRAM) covered in this report include Everspin Technologies Inc., Avalanche Technology Inc., Intel Corp., Toshiba, Spin Transfer Technologies, Samsung Electronics Co. Ltd., Honeywell International Inc., Hewlett-Packard Enterprise and NVE Corporation, etc.
The global Magnetoresistive RAM (MRAM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Everspin Technologies Inc.
Avalanche Technology Inc.
Intel Corp.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
Honeywell International Inc.
Hewlett-Packard Enterprise
NVE Corporation
Global Magnetoresistive RAM (MRAM) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetoresistive RAM (MRAM) market, Segment by Type:
Toggle MRAM
Second Generation MRAM (STT-MRAM)
Global Magnetoresistive RAM (MRAM) market, by Application
Consumer Electronics
Robotics
Automotive
Enterprise storage
Aerospace and Defense
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetoresistive RAM (MRAM) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetoresistive RAM (MRAM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non volatile RAM memory which uses magnetic charges in order to store data.
The global Magnetoresistive RAM (MRAM) market size is expected to reach US$ 357.8 million by 2029, growing at a CAGR of 13.3% from 2023 to 2029. The market is mainly driven by the significant applications of Magnetoresistive RAM (MRAM) in various end use industries. The expanding demands from the Consumer Electronics, Robotics, Automotive and Enterprise storage, are propelling Magnetoresistive RAM (MRAM) market. Toggle MRAM, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Second Generation MRAM (STT-MRAM) segment is estimated at % CAGR for the next seven-year period.
Global core MRAM manufacturers include Everspin Technologies, Avalanche Technology, Honeywell etc.The top 3 companies hold a share about 47%.North America is the largest market, with a share about 75%, followed by Europe and Asia Pacific with the share about 15% and 5%.
In terms of product, toggle MRAM is the largest segment, with a share over 70%. And in terms of application, the largest application is aerospace, followed by automotive.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetoresistive RAM (MRAM), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetoresistive RAM (MRAM) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetoresistive RAM (MRAM) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetoresistive RAM (MRAM) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetoresistive RAM (MRAM) covered in this report include Everspin Technologies Inc., Avalanche Technology Inc., Intel Corp., Toshiba, Spin Transfer Technologies, Samsung Electronics Co. Ltd., Honeywell International Inc., Hewlett-Packard Enterprise and NVE Corporation, etc.
The global Magnetoresistive RAM (MRAM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Everspin Technologies Inc.
Avalanche Technology Inc.
Intel Corp.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
Honeywell International Inc.
Hewlett-Packard Enterprise
NVE Corporation
Global Magnetoresistive RAM (MRAM) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetoresistive RAM (MRAM) market, Segment by Type:
Toggle MRAM
Second Generation MRAM (STT-MRAM)
Global Magnetoresistive RAM (MRAM) market, by Application
Consumer Electronics
Robotics
Automotive
Enterprise storage
Aerospace and Defense
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetoresistive RAM (MRAM) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetoresistive RAM (MRAM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Magnetoresistive RAM (MRAM) Market Overview
1.1 Magnetoresistive RAM (MRAM) Product Overview
1.2 Magnetoresistive RAM (MRAM) Market Segment by Type
1.2.1 Toggle MRAM
1.2.2 Second Generation MRAM (STT-MRAM)
1.3 Global Magnetoresistive RAM (MRAM) Market Size by Type
1.3.1 Global Magnetoresistive RAM (MRAM) Market Size Overview by Type (2018-2029)
1.3.2 Global Magnetoresistive RAM (MRAM) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Magnetoresistive RAM (MRAM) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Magnetoresistive RAM (MRAM) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Magnetoresistive RAM (MRAM) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Magnetoresistive RAM (MRAM) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Magnetoresistive RAM (MRAM) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Magnetoresistive RAM (MRAM) Sales Breakdown by Type (2018-2023)
2 Global Magnetoresistive RAM (MRAM) Market Competition by Company
2.1 Global Top Players by Magnetoresistive RAM (MRAM) Sales (2018-2023)
2.2 Global Top Players by Magnetoresistive RAM (MRAM) Revenue (2018-2023)
2.3 Global Top Players by Magnetoresistive RAM (MRAM) Price (2018-2023)
2.4 Global Top Manufacturers Magnetoresistive RAM (MRAM) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Magnetoresistive RAM (MRAM) Market Competitive Situation and Trends
2.5.1 Magnetoresistive RAM (MRAM) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Magnetoresistive RAM (MRAM) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magnetoresistive RAM (MRAM) as of 2022)
2.7 Date of Key Manufacturers Enter into Magnetoresistive RAM (MRAM) Market
2.8 Key Manufacturers Magnetoresistive RAM (MRAM) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Magnetoresistive RAM (MRAM) Status and Outlook by Region
3.1 Global Magnetoresistive RAM (MRAM) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Magnetoresistive RAM (MRAM) Historic Market Size by Region
3.2.1 Global Magnetoresistive RAM (MRAM) Sales in Volume by Region (2018-2023)
3.2.2 Global Magnetoresistive RAM (MRAM) Sales in Value by Region (2018-2023)
3.2.3 Global Magnetoresistive RAM (MRAM) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Magnetoresistive RAM (MRAM) Forecasted Market Size by Region
3.3.1 Global Magnetoresistive RAM (MRAM) Sales in Volume by Region (2024-2029)
3.3.2 Global Magnetoresistive RAM (MRAM) Sales in Value by Region (2024-2029)
3.3.3 Global Magnetoresistive RAM (MRAM) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Magnetoresistive RAM (MRAM) by Application
4.1 Magnetoresistive RAM (MRAM) Market Segment by Application
4.1.1 Consumer Electronics
4.1.2 Robotics
4.1.3 Automotive
4.1.4 Enterprise storage
4.1.5 Aerospace and Defense
4.1.6 Others
4.2 Global Magnetoresistive RAM (MRAM) Market Size by Application
4.2.1 Global Magnetoresistive RAM (MRAM) Market Size Overview by Application (2018-2029)
4.2.2 Global Magnetoresistive RAM (MRAM) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Magnetoresistive RAM (MRAM) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Magnetoresistive RAM (MRAM) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Magnetoresistive RAM (MRAM) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Magnetoresistive RAM (MRAM) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Magnetoresistive RAM (MRAM) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Magnetoresistive RAM (MRAM) Sales Breakdown by Application (2018-2023)
5 North America Magnetoresistive RAM (MRAM) by Country
5.1 North America Magnetoresistive RAM (MRAM) Historic Market Size by Country
5.1.1 North America Magnetoresistive RAM (MRAM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Magnetoresistive RAM (MRAM) Sales in Volume by Country (2018-2023)
5.1.3 North America Magnetoresistive RAM (MRAM) Sales in Value by Country (2018-2023)
5.2 North America Magnetoresistive RAM (MRAM) Forecasted Market Size by Country
5.2.1 North America Magnetoresistive RAM (MRAM) Sales in Volume by Country (2024-2029)
5.2.2 North America Magnetoresistive RAM (MRAM) Sales in Value by Country (2024-2029)
6 Europe Magnetoresistive RAM (MRAM) by Country
6.1 Europe Magnetoresistive RAM (MRAM) Historic Market Size by Country
6.1.1 Europe Magnetoresistive RAM (MRAM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Magnetoresistive RAM (MRAM) Sales in Volume by Country (2018-2023)
6.1.3 Europe Magnetoresistive RAM (MRAM) Sales in Value by Country (2018-2023)
6.2 Europe Magnetoresistive RAM (MRAM) Forecasted Market Size by Country
6.2.1 Europe Magnetoresistive RAM (MRAM) Sales in Volume by Country (2024-2029)
6.2.2 Europe Magnetoresistive RAM (MRAM) Sales in Value by Country (2024-2029)
7 Asia-Pacific Magnetoresistive RAM (MRAM) by Region
7.1 Asia-Pacific Magnetoresistive RAM (MRAM) Historic Market Size by Region
7.1.1 Asia-Pacific Magnetoresistive RAM (MRAM) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Magnetoresistive RAM (MRAM) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Magnetoresistive RAM (MRAM) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Magnetoresistive RAM (MRAM) Forecasted Market Size by Region
7.2.1 Asia-Pacific Magnetoresistive RAM (MRAM) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Magnetoresistive RAM (MRAM) Sales in Value by Region (2024-2029)
8 Latin America Magnetoresistive RAM (MRAM) by Country
8.1 Latin America Magnetoresistive RAM (MRAM) Historic Market Size by Country
8.1.1 Latin America Magnetoresistive RAM (MRAM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Magnetoresistive RAM (MRAM) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Magnetoresistive RAM (MRAM) Sales in Value by Country (2018-2023)
8.2 Latin America Magnetoresistive RAM (MRAM) Forecasted Market Size by Country
8.2.1 Latin America Magnetoresistive RAM (MRAM) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Magnetoresistive RAM (MRAM) Sales in Value by Country (2024-2029)
9 Middle East and Africa Magnetoresistive RAM (MRAM) by Country
9.1 Middle East and Africa Magnetoresistive RAM (MRAM) Historic Market Size by Country
9.1.1 Middle East and Africa Magnetoresistive RAM (MRAM) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Magnetoresistive RAM (MRAM) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Magnetoresistive RAM (MRAM) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Magnetoresistive RAM (MRAM) Forecasted Market Size by Country
9.2.1 Middle East and Africa Magnetoresistive RAM (MRAM) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Magnetoresistive RAM (MRAM) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Everspin Technologies Inc.
10.1.1 Everspin Technologies Inc. Company Information
10.1.2 Everspin Technologies Inc. Introduction and Business Overview
10.1.3 Everspin Technologies Inc. Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Everspin Technologies Inc. Magnetoresistive RAM (MRAM) Products Offered
10.1.5 Everspin Technologies Inc. Recent Development
10.2 Avalanche Technology Inc.
10.2.1 Avalanche Technology Inc. Company Information
10.2.2 Avalanche Technology Inc. Introduction and Business Overview
10.2.3 Avalanche Technology Inc. Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Avalanche Technology Inc. Magnetoresistive RAM (MRAM) Products Offered
10.2.5 Avalanche Technology Inc. Recent Development
10.3 Intel Corp.
10.3.1 Intel Corp. Company Information
10.3.2 Intel Corp. Introduction and Business Overview
10.3.3 Intel Corp. Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Intel Corp. Magnetoresistive RAM (MRAM) Products Offered
10.3.5 Intel Corp. Recent Development
10.4 Toshiba
10.4.1 Toshiba Company Information
10.4.2 Toshiba Introduction and Business Overview
10.4.3 Toshiba Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Toshiba Magnetoresistive RAM (MRAM) Products Offered
10.4.5 Toshiba Recent Development
10.5 Spin Transfer Technologies
10.5.1 Spin Transfer Technologies Company Information
10.5.2 Spin Transfer Technologies Introduction and Business Overview
10.5.3 Spin Transfer Technologies Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Spin Transfer Technologies Magnetoresistive RAM (MRAM) Products Offered
10.5.5 Spin Transfer Technologies Recent Development
10.6 Samsung Electronics Co. Ltd.
10.6.1 Samsung Electronics Co. Ltd. Company Information
10.6.2 Samsung Electronics Co. Ltd. Introduction and Business Overview
10.6.3 Samsung Electronics Co. Ltd. Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Samsung Electronics Co. Ltd. Magnetoresistive RAM (MRAM) Products Offered
10.6.5 Samsung Electronics Co. Ltd. Recent Development
10.7 Honeywell International Inc.
10.7.1 Honeywell International Inc. Company Information
10.7.2 Honeywell International Inc. Introduction and Business Overview
10.7.3 Honeywell International Inc. Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Honeywell International Inc. Magnetoresistive RAM (MRAM) Products Offered
10.7.5 Honeywell International Inc. Recent Development
10.8 Hewlett-Packard Enterprise
10.8.1 Hewlett-Packard Enterprise Company Information
10.8.2 Hewlett-Packard Enterprise Introduction and Business Overview
10.8.3 Hewlett-Packard Enterprise Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hewlett-Packard Enterprise Magnetoresistive RAM (MRAM) Products Offered
10.8.5 Hewlett-Packard Enterprise Recent Development
10.9 NVE Corporation
10.9.1 NVE Corporation Company Information
10.9.2 NVE Corporation Introduction and Business Overview
10.9.3 NVE Corporation Magnetoresistive RAM (MRAM) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NVE Corporation Magnetoresistive RAM (MRAM) Products Offered
10.9.5 NVE Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Magnetoresistive RAM (MRAM) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Magnetoresistive RAM (MRAM) Industrial Chain Analysis
11.4 Magnetoresistive RAM (MRAM) Market Dynamics
11.4.1 Magnetoresistive RAM (MRAM) Industry Trends
11.4.2 Magnetoresistive RAM (MRAM) Market Drivers
11.4.3 Magnetoresistive RAM (MRAM) Market Challenges
11.4.4 Magnetoresistive RAM (MRAM) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Magnetoresistive RAM (MRAM) Distributors
12.3 Magnetoresistive RAM (MRAM) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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