Global NAND Flash Market: Industry Key Player - Samsung Electronics Co Ltd, Toshiba Corp, Intel Corporation, Micron Technology Inc., Western Digital Technologies Inc., SK Hynix Inc., Powerchip, Technology Corporation, Winbond Electronics Corporation, Macr

A new report titled “Global NAND Flash Market Highlights Key Development Factors and Upcoming Trends During forecast 2018 – 2022” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the NAND Flash Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for NAND Flash Market across the globe.

To Get Sample Copy of Report Click here @ https://www.mrrse.com/sample/3513                      

The global NAND flash market is expected to register an impressive CAGR, and will represent a value of over US$ 88,000 Mn by the end of 2022.

Electronics integrated with the NAND technology diverge on its price and speed. Application of NAND flash drive extends beyond a computer system to other electronic gadgets. Attributed to its enhanced features and extensive storage system, the NAND flash drive is used in iPods and smartphones.

Increasing need for phones that are rich in features and incorporate video, camera, gaming, and music has led to an upsurge in demand for extensive storage systems in the electronics market globally. Such factors are expected to fuel demand for NAND flash memory globally. Apart from smartphones, the NAND technology is also used in the wearable devices.

Introduction of Internet of Things (IoT) in the agricultural practices and enhanced technologies has led to surge in use of high-end computing system in the agricultural industry. Growing need for non-volatile storage device is further expected to boost demand for NAND flash drives in the agricultural industry. Such factors are likely to contribute towards growth of the global NAND flash market during the predicted period.

As cited on a news portal, the NAND flash drive can also be used within a cache server, where the key value is stored while exceeding or matching the performance of DRAM. Moreover, the NAND flash drives consume comparatively less power due to which it witnesses significant demand among electronic manufacturers. As compared to the NOR flash drives, decoding is faster in the NAND flash drives. Growing demand for relatively high areal density has led the manufacturers operating in the electronic industry to integrate 3D technology in the NAND chip.

On the other hand, as several smartphones are equipped with the NAND chip, various hackers are now infringing security on the mobile devices through the NAND mirroring technique. Such factors are likely to inhibit growth of the global NAND technology market during the predicted period.

Browse Complete Report with TOC @ https://www.mrrse.com/sample/3513

SSD is expected to witness the highest revenue growth in the global NAND flash market. This segment is expected to represent a value of over US$ 13,000 Mn in the global market by the end of 2022. Mobile phone is expected to witness the second highest revenue growth in the global NAND flash market by the end of 2022. This segment is expected to register the highest CAGR growth in the global market, followed by SSD throughout 2022. North America is expected to remain the largest market for NAND flash drives globally.

By type, MLC (two bit per cell) is expected to witness the highest revenue growth in the global NAND flash market. This segment is expected to represent a value of over US$ 6,000 Mn in the global market by the end of 2017. TLC (three bit per cell) is expected to witness the second highest revenue growth in the global NAND flash market by the end of 2018. TLC (three bit per cell) is expected to reflect the highest CAGR in the global market throughout 2022.

By density, ‘128 GB’ is expected to witness the highest revenue growth in the global NAND flash market. This segment is expected to represent a value of over US$ 3,000 Mn in the global market by the end of 2018. 256 GB and Above is expected to witness the second highest revenue growth in the global NAND flash market by the end of 2018. This segment is expected to register the highest CAGR in the global market throughout 2022.

Leading market players operating in the global NAND flash market include SK Hynix Inc., Powerchip Technology Corporation, and Winbond Electronics Corporation. 

Enquire about this Report @ https://www.mrrse.com/enquiry/3513

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.