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Market Outlook : NAND Flash Memory Market Globally Grow at a CAGR of 8.2% by Revenue During the Period 2016-2020

10-13-2016 02:15 PM CET | IT, New Media & Software

Press release from: Research Life

About NAND Flash Memory

NAND flash memory is a non-volatile storage technology that enables rapid read and write operations in memory cards. The memory cells in NAND flash memory chips are connected in a series that resembles a NAND gate. The series connection consumes less space than a parallel connection, reducing the cost of NAND flash chips. This makes the cost of NAND flash cards reasonable; they also become easily scalable to large densities. However, currently, the scalability of these flash cards has saturated, resulting in vendors increasingly adopting 3D NAND flash memory chips to accommodate higher memory storage capacity in a compact space. Vendors can store more bits on the chip, reducing the cost per bit. 3D NAND flash memory chips are increasingly being adopted because of their cost-, energy-, and space-saving features.

Technavios analysts forecast the global mobile NAND flash market to grow at a CAGR of 8.2% during the period 2016-2020.

Covered
The report covers the present scenario and the growth prospects of the global mobile NAND flash market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of NAND flash chips to consumer electronics manufacturers.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Mobile NAND Flash Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Intel
Micron Technology
Samsung Electronics
SanDisk
SK Hynix
Toshiba

Key driver
High demand for mobile NAND flash from emerging markets
For a full, detailed list, view our report

Key challenge
Emergence of Apple's free iCloud service
For a full, detailed list, view our report

Key trend
Development of new computing platforms
For a full, detailed list, view our report

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