eMMC and UFS Market Share Driven by Smartphone Penetration and Storage Demand | Valuates Reports

eMMC and UFS Market Size
The global eMMC and UFS market was valued at US$ 5073 million in 2023 and is anticipated to reach US$ 7735 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
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The eMMC and UFS market is experiencing significant market growth as demand for high-speed, low-latency data storage solutions increases across consumer electronics and automotive sectors. Driven by the growing need for faster application loading, better user experience, and seamless multitasking in smart devices, market size is expanding at a steady pace. Market trends such as 5G adoption, increased smartphone memory requirements, and the proliferation of IoT devices continue to accelerate the transition from legacy storage systems to advanced flash memory technologies.

In terms of type, UFS holds the largest market share due to its superior performance, faster read/write speeds, and energy efficiency compared to eMMC. UFS adoption is rising swiftly, especially in premium and mid-range smartphones, making it the fastest-growing segment in the market. While eMMC continues to serve as a cost-effective solution for budget devices, UFS is emerging as the dominant technology across high-performance applications, with ongoing innovations further cementing its lead in the storage landscape.

Among applications, smartphones represent the largest share of the market owing to the sheer volume of global smartphone shipments and the rising expectations for device performance. As mobile applications grow more data-intensive, UFS integration in smartphones is becoming increasingly standard. Meanwhile, the automotive sector is witnessing the fastest growth, as modern vehicles incorporate advanced infotainment systems and real-time processing units, necessitating high-speed storage solutions. Other applications such as tablets, smart TVs, and smart wear also contribute steadily to market expansion.

Overall, the eMMC and UFS market is poised for sustained advancement, driven by consumer demand for faster data processing, increasing adoption in next-gen automotive systems, and continued innovations by semiconductor manufacturers. These trends, coupled with the growth of connected devices, are expected to influence the market forecast positively and redefine digital storage performance in the years ahead.

by Type

• eMMC
• UFS

by Application

• Smartphones
• Tablets
• Smart TVs
• Smart Wear
• Automotive
• Others

By Company

Samsung, SK Hynix, KIOXIA Corporation, Western Digital, Micron Technology, Longsys, Kingston Technology, BIWIN, Phison Electronics, Shenzhen Techwinsemi, YEESTOR Microelectronics, Rayson Technology, Hosinglobal, Silicon Motion Technology, Shichuangyi Electronics, SMART Global Holdings, Yangtze Memory, ADATA Technology, Transcend Information, Macronix, Swissbit, Flexxon, ATP Electronics

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