Press release
3D NAND Flash Memory Market: growth in demand for 3D flash than 2D for electronics by 2021
The 3D NAND flash memory is non volatile data and it is helpful to retain the data of the electronic device irrespective of the device is turned on or off. 3D flash memory is better than 2D one for being stable and durable comparatively and is in high demand for electronics. There is high scope for the 3D NAND Flash Memory Market for consumer electronics across the globe during 2016-2021.Scope and Regional Forecast of the 3D NAND Flash Memory Market:
According to the IndustryARC research analysis studies on the 3D NAND Flash Memory Market, North America is one of the prominent region for the growth and demand for 3D flash memory units for electronics and other systems during 2016-2021.
Europe is anticipated to have healthy growth in the 3D NAND Flash Memory Market with high use of 3D NAND flash memory chips for better electronics memory as per IndustryARC analysis. Germany, France and others are the major markets of the growth during 2016-2021.
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Asia Pacific is the largest region in the 3D NAND Flash Memory Market and expected to have the fastest growing region with China and India leading the charge during 2016-2021.
The 3D NAND Flash Memory Market is a rapidly developing market with huge demand for 3D NAND chip for various consumer electronics as well as electronic systems owing to the applications of 3D NAND flash in various end user industries across the globe. This market is expected to huge growth owing to the increasing investment for development of NAND SSD for better performing flash memory chip; growth in use of NOR flash and NAND flash in electronics and huge production of 3D flash memory chips in various regions across the globe during 2016-2021.
Segmentation and Key Players of the 3D NAND Flash Memory Market:
The 3D NAND Flash Memory Market is segmented into various categories in the IndustryARC marketing research report by product, by application and by geography as follows:
By product: Smartphones, Tablets, Laptops, Consumer Electronics and others
By application: Consumer electronics, Industrial, Healthcare, Automotive and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the 3D NAND Flash Memory Market according to the IndustryARC research report are as follows:
• Micron Technology
• Samsung Electronics Co. Ltd.
• SanDisk
• SK Hynix Inc.
• Toshiba Corp.
There is growing demand for NAND flash chip products for electronics and gadgets in automotive, aerospace and other commercial markets during 2016-2021.
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