Besides, the rising uses of connected & wearable devices
create substantial market demand. Embedded systems rely on SPI NOR flash for
boot code and parallel NAND flash for data storage.
According to Market Research Future (MRFR), the global flash memory market valuation
is estimated to grow at a significant CAGR throughout the review period
(2016-2027). Technological advances in storage technologies accelerate the
growth of the market. Besides, the rising
usages of the internet and smart connected devices foster the flash memory
industry, generating the data.
Moreover, the increasing demand for flash memory positively
impacts the flash memory market growth, offering effective inventory control,
and tracking systems that can efficiently accommodate changing business
conditions. Rising adoption of flash memory devices in increasing numbers of
businesses worldwide pushes the development of the market. Conversely, high
costs associated with the purchase and deployments of flash memory are a
significant factor projected to obstruct the market growth.
Global
Flash Memory Market - Competitive Analysis
Highly competitive, the flash memory market appears
fragmented due to the presence of many key players. Strategic partnerships,
mergers & acquisitions, collaboration, expansion, and product/ technology
remain flash memory market trends to gain a larger competitive share.
Major
Players:
Players leading the global flash memory market include
Toshiba (Japan), Samsung (South Korea), Intel (US), IM Flash (US), SanDisk
(US), Micron Technology, Inc., (US), SK Hynix (South Korea), Cypress
Semiconductor Corporation (US), STMicroelectronics (Switzerland), and Qimonda
(Germany), among others.
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Flash
Memory Market- Segments
By Type: NOR and
NAND.
By Storage
Technology: Magnetic Storage, Optical Storage, Electronic Memories, and
others.
By
Application: Smartphone, Tablet & PC, Solid State Drives (SSD),
Handheld Media Player Devices, and others (DSC- Digital still Camera).
By Regions: Asia
Pacific, Americas, Europe, and Rest-of-the-World.
Global
Flash Memory Market - Regional Analysis
The Asia Pacific region dominates the global flash memory
market. The significant market share attributes to rising technological
advances and adoption of NOR and NAND memory devices in various applications.
Besides, the presence of notable industry players and rapid economic growth
& spurted industrialization in the region drive the flash memory market
share.
North America stands second in the flash memory market. The
growth is driven by the strong presence of many notable players and
well-established development centers, allowing the early adoption of advanced
storage technologies. Additionally, broad uptake and advances in storage
technologies boost the growth of the regional market.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Flash Memory Market,
By Segments
7.
Competitive Analysis
Continued…
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