Embedded Multimedia Card (eMMC) Market Set to Surge: Forecast Projects Growth from 2021 to 2028

The embedded multimedia card (eMMC) market size in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to the increasing adoption of smartphones and the rising electronic industry. Moreover, the increasing adoption of eMMC technology 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 is expected to drive the market.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/embedded-multimedia-card-eMMC-market

Allied Market Research, titled, "Embedded Multimedia Card (eMMC) Market by Density, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028" the global embedded multimedia card (eMMC) industry size was $9.30 billion in 2019 and is projected to reach $11.53 billion by 2028, to register a CAGR of 3.30% during the forecast period. Asia-Pacific is expected to be the leading contributor to the global market, followed by North America and Europe.

Embedded multimedia card (eMMC) is an advanced, managed NAND flash memory for mobile applications and the dominant go-to memory solution for many consumer electronics including smartphones, GPS systems, tablets, readers, and other mobile computing devices. Embedded multimedia card (eMMC) chip contains a controller and the same NAND flash memory, which is found in USB drives, SD Cards, and solid state drives (SSDs), along with a controller that manages wear leveling and error correction (ECC). For instance, Samsung has provided eMMC memory that is extremely compact and typically smaller than a postage stamp, which allows for smaller and thinner devices. Several leading players use Samsung's eMMC memory, owing to allowing for a smooth pathway and advanced mobile designs with a short time to market.

The increasing adoption of flash memory in embedded applications has boosted the embedded multimedia card (eMMC) market growth. Ultra-fast memory, high speed, cost-effectiveness, low power consumption, and other features have fueled the world eMMC market. In addition, the launching of innovative products by leading companies such as Samsung and SanDisk Corporation with higher density and speed is expected to boost the market growth. The latest version of eMMC, i.e., eMMC 5.1A was introduced with advanced features such as higher data transfer rates, and enhanced data strobe & command queuing.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/334

The increasing adoption of embedded multimedia cards (eMMCs) in the automotive industry, the Surge in demand for embedded multimedia cards (eMMC) in electronic devices, and the high demand for integrated memory in mobile computing devices drive the embedded multimedia card (eMMC) market growth. However, continuous development in technology and the evolution of new storage devices restrict the market growth. Conversely, the surge in the development of Chromebooks is expected to create lucrative opportunities for the embedded multimedia card (eMMC) industry.

The GPS System segment was the largest contributor of revenue in 2020 and is expected to grow at a CAGR of 4.20% from 2021 to 2028. Increasing use of location-based services & mobile applications, a growing number of smartphone users, and rising demands for automobile GPS software are the major factors boosting the demand for embedded multimedia cards (eMMC) in the GPS market. The aerospace and defense vertical is the second largest contributor of revenue in 2020. The growing need for the security of sensitive information and data protection technologies increased the demand for eMMCs in this sector.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Embedded Multimedia Card (eMMC) industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄𝐦𝐛𝐞𝐝𝐝𝐞𝐝 𝐌𝐮𝐥𝐭𝐢𝐦𝐞𝐝𝐢𝐚 𝐂𝐚𝐫𝐝 (𝐞𝐌𝐌𝐂) 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

SK Hynix Inc
Silicon Motion Technology Corporation
Toshiba Corporation
Samsung Electronics Co. Ltd
Transcend Information Inc.
Phison Electronics Corporation
Western Digital Corporation
Kingston Technology Company, Inc.
Micron Technology, Inc.
Greenliant Systems Inc

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/334

By region, the embedded multimedia card (eMMC) market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. The analysis had identified that Asia-Pacific contributed maximum revenue in 2020, and is expected to grow at a CAGR of 2.30% during the forecast period. Factors such as an increase in the adoption of digital cameras, and the growing consumer electronics industry are contributing to the market growth in Asia-Pacific.

𝐂𝐨𝐯𝐢𝐝 𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The global embedded multimedia card (eMMC) market size has been significantly impacted by the COVID-19 outbreak. The impact of COVID-19 on the manufacturing industry has significantly affected the global economy. Electronic components and other semiconductor devices are mostly imported from China. Attributed to the temporary shutdown of manufacturing units, the prices of semiconductor components have increased by 2-3%, owing to a shortage of supplies. In addition, reductions in various capital budgets and delays in numerous planned projects in various end-use industries have hampered the global embedded multimedia card (eMMC) market.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

- In 2020, the GPS segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 4.20% during the forecast period.
- The automotive segment accounted for more than 25% of the embedded multimedia card (eMMC) market share in 2020 and witnessed the highest growth rate during the forecast period.
- The UK was the major shareholder in the Europe eMMC market, accounting for approximately 30% share in 2020.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/334

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises and medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR aims to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

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𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐚𝐧𝐝 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝟏. 𝐁𝐞𝐚𝐜𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: https://technomarknews.blogspot.com/2024/10/the-global-beacon-market-exploring-its.html

𝟐. 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐚𝐟𝐞𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: https://steemit.com/function/@technotrendsamr/analyzing-the-evolving-landscape-of-the-functional-safety-market-during-2023-2032

𝟑. 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐒𝐞𝐧𝐬𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.quora.com/profile/TechnoTrendsAMR/An-Overview-of-the-Flexible-Sensor-Market-through-AMR-s-Perspective

𝟒. 𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: https://vocal.media/futurism/a-thorough-analysis-of-the-wireless-connectivity-market-from-2023-to-2032

𝟓. 𝐇𝐨𝐫𝐭𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.quora.com/profile/TechnoTrendsAMR/A-Comprehensive-Analysis-of-the-Horticulture-Lighting-Market-through-AMR-s-View

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