NAND Flash Market Statistics and Growth Prediction 2021- Samsung Electronics, Toshiba/SanDisk, SK Hynix Semiconductor, Micron Technology

The NAND Flash Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2016 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global NAND Flash Market with its specific geographical regions.

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“NAND Flash Market was valued at USD 46.62 billion in 2020, and it is expected to reach USD 85.36 billion by 2026, registering a CAGR of 11.30% during the forecast period (2021-2026).”

Top leading Companies Profiled in NAND Flash Market Report are Samsung Electronics, Toshiba/SanDisk, SK Hynix Semiconductor, Micron Technology, Intel Corporation,

Latest Update and Developments

June 1, 2021 Micron launches 176-layer NAND flash and 1-alpha DRAM chips for the data economy- Micron Technology unveiled new memory and storage products that it said could better serve data-driven businesses as the data economy continues to develop.

September 25, 2019 Toshiba Memory Corporation Launches New NAND Flash Memory Products for Embedded Applications Supporting High-Speed Data Transfers- TOKYO- Toshiba Memory Corporation, the world leader in memory solutions, today announced that it has launched its second-generation line-up of NAND flash memory products for embedded applications with increased performance and capacity[1] to support high-speed data transfers. The new Serial Interface NAND products are compatible with the widely used Serial Peripheral Interface (SPI) and are suited for a wide range of consumer, industrial and communication applications. Sample shipments start today with mass production scheduled to begin from October onwards.

July 29, 2021 Micron Launches World’s First 176-Layer NAND in Mobile Solutions to Power Lightning-Fast 5G Experiences- Micron Technology, Inc., (Nasdaq: MU) announced today it has begun volume shipments of the world’s first 176-layer NAND Universal Flash Storage (UFS) 3.1 mobile solution. Engineered for high-end and flagship phones, Micron’s discrete UFS 3.1 mobile NAND unlocks 5G’s potential with up to 75% faster sequential write and random read performance than prior generations,1 enabling downloads of two-hour 4K movies2 in as little as 9.6 seconds.

Market Overview

NAND Flash is a kind of non-volatile storage technology that does not require power in order to retain data. In other words, it is a form of electronically erasable programmable readonly memory (EEPROM). It is programmed, erased, and reprogrammed in large blocks. It's called NAND because at the circuit level, it's similar to the NAND logic function. The scope of the study covers the market on the basis of type of NAND and different applications in smartphones, SSD, Memory Card and Tablet PC across the globe.

For instance, manufacturers are integrating features such as gesture control, fingerprint scanners, and GPS into the devices. This is boosting the demand for NAND flash memory, which is used as code storage media for smartphones.

Asia Pacific is one of the biggest markets for NAND flash memories across the globe. The region has a very high demand from almost all the end-user applications, primarily led by the demand for smartphones in multiple developing countries in the region, such as China, India and Indonesia.

Also, there is a high activity from the semiconductor fabrication facilities in countries like China, Korea, and Singapore. An immense amount of capital is directed into the Chinese market by several multinational memory manufacturers, especially boosted by the country’s government initiatives, such as Made in China 2025. The country’s ambitious goals is to reach USD 305 billion in semiconductor output by the year 2030 and meet at least 80% of the domestic demand for semiconductors, which is expected to draw more investments into the country, over the forecast period.

Market Research Study Focus on these Types:

MLC NAND

TLC NAND

Market Research Study Focus on these Applications:

Consumer Electronics

SSD (Solid State Disk)

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Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from NAND Flash Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the NAND Flash market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – NAND Flash market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the NAND Flash

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In conclusion, the NAND Flash market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the NAND Flash Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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