UFS (Universal Flash Storage) - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

UFS (Universal Flash Storage) - Market Size
The global market for UFS (Universal Flash Storage) was estimated to be worth US$ 1521.8 million in 2023 and is forecast to a readjusted size of US$ 1930.7 million by 2030 with a CAGR of 6.7% during the forecast period 2024-2030

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UFS (Universal Flash Storage) - Market
UFS (Universal Flash Storage)is a high-speed, high-performance flash storage interface designed primarily for mobile devices. It is capable of providing fast data transfer rates and low latency, making it suitable for applications that require quick data access, such as smartphones, tablets, and digital cameras. UFS offers significantly higher performance compared to its predecessor, eMMC (embedded MultiMediaCard), by implementing a serial interface and utilizing a more advanced command and queuing structure. This enables UFS to achieve faster read and write speeds, as well as reduced power consumption. UFS supports both single-lane and multi-lane configurations, with each lane capable of achieving speeds up to 5.8 Gbps (gigabits per second). It also supports multiple power modes to help optimize energy usage. In addition to its superior performance, UFS provides features like command-based error reporting, advanced wear leveling, and security features like data encryption to ensure the integrity and confidentiality of stored data.
Global key players of UFS (Universal Flash Storage) include Company, Samsung, KIOXIA, SK Hynix andWestern Digital, etc. The top five manufacturers hold a share over 95%.
Asia-Pacific is the largest market of UFS (Universal Flash Storage), holds a share over 75%, followed by North America and Europe.
In terms of application, the largest application is 3C Product, with a share over 95%.

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Segment by Type:
• UFS 2.X
• UFS 3.X
• UFS 4.X
• Others

Segment by Application
• 3C Product
• Automobile
• Others

By Company
Samsung, KIOXIA, SK Hynix, Western Digital, Micron Technology, Phison, Silicon Motion, Kingston Technology, Shenzhen BIWIN, Yangtze Memory Technology Corp, Longsys, ICMAX, Shenzhen Shichuangyi Electronics

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