How will $32,321.9 millions eMMC Market Look Like in 2022?

Over the years, there has been a significant increase in adoption of eMMCs, owing to their features such as high storage capacity, faster speed, and low-cost. Electronic devices including smartphones, tablets, digital cameras, digital watches, and others have created a huge demand for eMMCs, due to its feature such as faster processing capability, high scalability, reliability, and others.

Global Embedded Multimedia Card (eMMC) Market is expected reach $32,321.9 million by 2022. eMMCs with a density range of 128GB - 256GB are expected to dominate throughout 2020 - 2030. Asia-Pacific is estimated to continue to lead throughout the forecast period.

Key market players focus on expanding their business operations in the emerging countries with new product launches as a preferred strategy. The major players profiled in this report include Samsung Electronics Co. Ltd., SanDisk Corporation, SK Hynix Inc., Phison Electronics Corporation, Greenliant Systems Inc., Kingston Technology Company Inc., Micron Technology, Inc., Silicon Motion Technology Corporation, Transcend Information, Inc., and Toshiba Corporation.

Now Available: Complete report on this industry spread across 145 pages, profiling top 10 players and their strategies, supported with tables and figures at: https://www.alliedmarketresearch.com/request-sample/334

The rising sale of smartphones and need for integrated memory in mobile computing devices drives the growth of eMMC market.

The need for digital storage devices and increased consumer expenditure on electronics are expected to supplement the market growth.

Moreover, technological advancement and demand for memory solutions for various electronic devices, including digital cameras, digital set-up boxes, digital book readers, portable terminals, camcorders, and others, are expected to provide numerous growth opportunities in the future.

The smartphones application accounted for the highest share of the overall revenue generated by eMMC market in 2019, owing to its high-storage capacity and HD video screening. However, the GPS application is expected to grow at the highest CAGR of 20.5% during the period 2016 - 2022. Increase in the number of smartphone users, rise in use of location-based services & mobile applications, and growth in demand for automobile GPS software and other wearable electronic products boost the demand for eMMC cards in GPS-supporting devices.

Interested? Do Purchase Enquiry Now @ https://www.alliedmarketresearch.com/purchase-enquiry/334

In 2019, the automotive industry accounted for the highest revenue, owing to the use of eMMCs in ADAS, vehicle infotainment system, GPS system, voice recognition system, and others. It accounted for around 26% share of the global eMMC market revenue in 2014, followed by aerospace & defense sector. Other end users utilizing eMMCs include industrial, healthcare, public, IT & telecom, and others. The industrial sector is expected to grow at the highest CAGR during the forecast period.

Asia-Pacific dominated in 2014, in terms of revenue, and is expected to maintain its dominance during the forecast period. This is attributed to the increasing use of mobile phones and consumer electronic products. eMMCs have increasingly been adopted as a memory product for cellular devices in India, China, and South Korea owing to the continuous development of the cellular market, including 3G and 4G technologies.

In addition, there has been a significant growth in the eMMC market in China and Japan over the past few years. The ever-increasing market of personal computers and smartphones in China in the recent years has largely contributed to the growth of memory market including eMMC products.

However, LAMEA is projected to grow at the highest CAGR throughout the analysis period. Increasing demand for smartphones and rising number of other electronic devices such as, laptops, digital cameras, and tablets, have increased the adoption of eMMCs in this region.

Browse this Report Preview @ https://www.alliedmarketresearch.com/embedded-multimedia-card-eMMC-market

Key findings of Embedded Multimedia Card (eMMC) Market:

In 2019, eMMCs with a density range of 128GB - 256GB led the overall eMMC market.

Smartphones segment generated maximum revenue among all segments in 2014, owing to the large storage capabilities and fast processing speed in mobile applications and Internet platform.

The industrial segment is projected to grow at the highest CAGR of 19.9% during 2016 - 2022.

The automotive sector is estimated to generate the highest revenue.

Asia-Pacific was the major revenue-generating region in the global eMMC market in 2019.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.