Press release
THE GLOBAL UNIVERSAL FLASH STORAGE MARKET IS PROJECTED TO REACH USD 7.3 BILLION BY 2025, GROWING AT A CAGR OF 18.63% FROM 2017 TO 2025 MICRON, SAMSUNG , SILICON MOTION , SYNOPSYS , PHISON , SK HYNIX, GDA IP TECHNOLOGIES, CADENCE , ARASAN , AVERY ,TUXERA
The Global Universal Flash Storage Market was valued at USD 1.57 billion in 2016 and is projected to reach USD 7.3 billion by 2025, growing at a CAGR of 18.63% from 2017 to 2025. Universal Flash Storage (UFS) is a common flash storage specification for digital cameras, mobile phones and consumer electronic devices. It aims to bring higher data transfer speed and increased reliability to flash memory storage, while reducing market confusion and removing the need for different adapters for different types of card.Request For Free Sample- https://www.kennethresearch.com/sample-request-10059703
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing adoption of IoT
1.2 Rising adoption of high-speed data transfer technologies
1.3 Increasing demand for wearable electronics
1.4 Growing demand for electronic devices with improved performance and responsiveness
2. Market Restraints
2.1 Issues related with the UFS architecture
2.2 Increasing cost associated with the adoption of UFS
Market Segmentation:
The Global Universal Flash Storage Market is segmented on the end user, application, configuration, capacity, and region.
1. End User:
1.1 Laptops
1.2 Automotive Electronics
1.3 Digital Cameras
1.4 Smartphones
1.5 High-Resolution Displays
1.6 Gaming Consoles
2. By Application:
2.1 Mass Storage
2.2 Boot Storage
2.3 XiP Flash
2.4 External Card
2.5 Others
3. By Configuration:
3.1 Removable
3.2 Embedded
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4. By Capacity:
4.1 32 GB
4.2 64 GB
4.3 128 GB
4.4 256 GB
4.5 512 GB
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Toshiba
2. Micron
3. Samsung
4. Silicon Motion
5. Synopsys
6. Phison
7. SK Hynix
8. GDA IP Technologies
9. Cadence
10. Arasan
11. Avery
12. Tuxera
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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