A new report titled "Global NAND Flash Market - Analysis Covering Size, Share, Growth, Trends and Forecast till 2018 - 2022" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the NAND Flash market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for NAND Flash across the globe.
The global NAND flash market is expected to register an impressive CAGR, and will represent a value of over US$ 88,000 Million by the end of 2022.
Electronics integrated with the NAND technology diverge on its price and speed. Application of NAND flash drive extends beyond a computer system to other electronic gadgets. Attributed to its enhanced features and extensive storage system, the NAND flash drive is used in iPods and smartphones.
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Increasing need for phones that are rich in features and incorporate video, camera, gaming, and music has led to an upsurge in demand for extensive storage systems in the electronics market globally. Such factors are expected to fuel demand for NAND flash memory globally. Apart from smartphones, the NAND technology is also used in the wearable devices.
This report offers insights on factors contributing towards growth of the global NAND flash market significantly along with various trends that are predicted to impact the future and current market dynamics and growth. The global NAND flash market is segmented on the basis of application, types, densities, and region.
The report offers insights on the type of application that is predicted to impact growth of the global NAND flash market. While there are various electronic devices that witness considerable demand for NAND technology, however mobile phones is predicted to represent the highest CAGR in the global market as compared to other applications. Demand for NAND flash devices and technology is predicted to increase among the manufacturers operating in the electronic industry. Sales of NAND flash devices for application in SSD is expected to generate significant revenues globally. SSD is predicted to represent a relatively high growth in terms of revenue as compared to various applications.
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The next section offers insights on various NAND flash devices with various densities. Manufacturers operating in the electronic industry prefer adopting 128 GGB density devices during the production of various electronic devices. Adoption of 128 GB devices as compared to other densities is expected to generate significant revenues in the global NAND market. 256 GB and Above among other densities is predicted to reflect the highest CAGR growth in the global market. Growing demand for 256 GB and Above is further likely to impact growth of the global NAND flash market positively.
In the final section, the report offers insights on the impact of revenue generated through sales of various types of NAND flash devices in the global market. Demand for TLC (three bit per cell) is expected to remain relatively high in the global NAND market. The TLC segment is projected to register a relatively high CAGR in the global market of NAND flash in the global market through 2022. MLC as compared to other types of NAND devices is projected to represent a relatively high growth in terms of revenue in the global NAND flash market.
Leading players operating in the global NAND flash market include Winbond Electronics Corporation, Powerchip Technology Corporation, and SK Hynix Inc.
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