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Global Flash Memory Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

05-23-2017 12:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Market Research

Global Flash Memory Market Size, Share, Development, Growth

The primary driving force behind the sustained rapid growth of the global flash memory market is their use in cell phones. In addition, the multifunction cellular phone is building demand for higher memory capacities. High data transfer rate, less usage of power, small size, light weight, less production of heat, and long life are some of the factors driving the global flash memory market. The storage industry has been dominated by traditional rotating disk technology based on magnetic storage. With the falling prices of flash memory and advances in semiconductor technology, the industry is replacing the hard disks with solid-state memory based on flash.

To Browse Full Report Visit Here: www.psmarketresearch.com/market-analysis/flash-memory-market

Flash memory is a non-volatile, electronic computer storage medium that can be erased electrically and re-programmed. It is used in universal serial bus (USB) drives, solid state drives (SSDs), computer random access memory (RAM), hybrid drives, handsets, digital camera, graphics cards, memory cards), and pagers. In addition to consumer devices, flash memory products with peripheral component interconnect express (PCIe) as well as the traditional serial advanced technology attachment (SATA) or statistical analysis system (SAS) interfaces are gaining popularity in enterprise applications.

An important factor responsible for the growth of flash memory is increasing use of smartphones and tablets and increasing dependency on on-line cloud services and applications using these mobile devices for everything including pictures, video archiving, games and video streaming. In data centers, solid state drives (SSDs) and other flash memory products can provide consistent high level performance in terms of inputs/outputs as compared to hard disk drives. The rotating disk technology based on magnetic storage dominates the flash memory storage industry. The advancements in semiconductor technology (such as the rotating disc technology) and reducing prices of flash memory are also expected to give a major boost to the global flash memory market in the near future.

Browse For Related Research Visit Here: www.psmarketresearch.com/industry-report/semiconductor-and-electronics

IM Flash, Macronix International Co., Ltd., SAMSUNG, Microchip Technology Inc., Toshiba Corporation, SanDisk Corporation, Renesas Electronics Corporation, Sharp Electronics Corporation, Spansion Inc., SK Hynix Inc. are some of the competitors of the global flash memory market. The market is characterized by intense competition. Increasing competition is expected to drive the flash memory market in the forecast period, as new manufacturers are continuously entering the market and existing manufacturers are introducing new products that meet the increasing demand for greater and efficient flash memory.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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