Global SPI NOR Flash Market Growth Forecast Report 2025-2031

On Sep 10, Global Info Research released "Global SPI NOR Flash Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report includes an overview of the development of the SPI NOR Flash industry chain, the market status of SPI NOR Flash Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of SPI NOR Flash.

According to our (Global Info Research) latest study, the global SPI NOR Flash market size was valued at US$ 2408 million in 2024 and is forecast to a readjusted size of USD 3241 million by 2031 with a CAGR of 4.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
SPI NOR Flash is a type of non-volatile memory based on the Serial Peripheral Interface (SPI) technology, known for its high reliability, low power consumption, and fast read speeds. Its compact form factor and efficiency make it ideal for medium- and low-capacity applications that require code and small data storage. SPI NOR Flash is widely used in consumer electronics (e.g., smartphone display drivers, Bluetooth modules), automotive electronics (e.g., ADAS systems, navigation systems), IoT devices, and industrial control systems, offering a balanced solution between performance and cost.
The SPI NOR Flash (Serial NOR Flash) market has shown steady growth in recent years, driven primarily by the rising demand from emerging sectors such as IoT devices, consumer electronics, and automotive electronics. It is widely used in consumer electronics applications like AMOLED screen drivers for smartphones, TWS earphones, and Bluetooth modules. Additionally, the increasing adoption of SPI NOR Flash in automotive electronics, including ADAS systems, in-car entertainment, and navigation systems, highlights its expanding role. However, the market faces competitive pressures, particularly from alternative storage technologies like NAND Flash.Looking ahead, the SPI NOR Flash market is poised to benefit from the rapid development of IoT and 5G base stations. Its low power consumption, high reliability, and durability make it an ideal choice for smart home devices, industrial control systems, and medical equipment. Furthermore, the growing demand for efficient storage solutions in automotive electronics is expected to drive the adoption of higher-capacity SPI NOR Flash. Emerging markets with increasing demand for consumer electronics will also contribute to broadening its application scope.Despite its promising prospects, the SPI NOR Flash market faces challenges. Rising production costs and supply chain instability may hinder market expansion. Moreover, as NAND Flash technology gains competitiveness in high-capacity applications, some traditional use cases may shift to more cost-effective solutions. Nevertheless, continuous technological advancements and the growing need for low-power storage will remain key drivers for SPI NOR Flash, particularly in applications requiring high reliability and fast read speeds.
This report is a detailed and comprehensive analysis for global SPI NOR Flash market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

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Market segment by Type: High Density、 Medium Density、 Low Density
Market segment by Application: Consumer Electronics、 Automotive、 Industrial Control、 Other
Major players covered: Macronix International、 Winbond Electronics、 GigaDevice、 Infineon Technologies、 Micron Technology、 Puya Semiconductor、 Renesas Electronics、 ISSI、 Microchip Technology、 Dosilicon、 Elite Semiconductor Microelectronics Technology、 Fudan Microelectronics、 Wuhan Xinxin Semiconductor Manufacturing、 Giantec Semiconductor
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe SPI NOR Flash product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of SPI NOR Flash, with price, sales, revenue and global market share of SPI NOR Flash from 2020 to 2025.
Chapter 3, the SPI NOR Flash competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the SPI NOR Flash breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2020 to 2024.and SPI NOR Flash market forecast, by regions, type and application, with sales and revenue, from 2025 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of SPI NOR Flash.
Chapter 14 and 15, to describe SPI NOR Flash sales channel, distributors, customers, research findings and conclusion.

Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

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Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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