The JEDEC Solid State Technology Association recently announced that they have started working on the new DDR5 memory technology. The trade organization confirmed that the full standard of DDR5 memory will be unveiled in June 2018.

The DDR5 memory standard has been in development since 2015. The initiative was jumpstarted by Samsung alongside several top tech companies as part of their effort to develop a faster memory technology.

Tech analysts have predicted that the DDR5 memory technology will be twice as fast as the current-generation DDR4 RAM. The new standard will support "double the bandwidth and density" of the current technology, as noted by JEDEC. It will also come with greater power efficiency that DDR4, according to The Verge.

The DDR5 memory technology will officially become a standard by 2018. However, the next-generation memory technology will not be ready for market adoption until 2020. Some analysts predict that hardware manufacturers will most likely be able to adopt the new standard around 2020.

In comparison, the current DDR4 memory technology was standardized in 2012, according to Ars Technica. However, it did not hit the market until 2015. In fact, despite the advance technology behind DDR4, market statistics have revealed that the DDR3 technology is still widely adopted.

Several companies have been busy working on alternatives for DDR DRAM. Tech giant Intel recently announced that its Optane Memory technology will soon be available for mass consumers, after a rather successful pitch to the enterprise market. On the other hand, technologies like the GDDR5X and HBM2 have seen quite a lot of success in the graphics processor market.

Aside from DDR5, JEDEC is also working on a new persistent memory technology called NVDIMM-P. This new technology combines non-volatile flash storage technology with volatile DRAM.

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