Global NAND Flash Market Likely to Grow at High Double-digit CAGR through 2022

October 24, 2017 Market Research Reports Search Engine

A new report offering analysis and forecast on the global NAND flash market has been added to the rich repository of Market Research Reports Search Engine (MRRSE). The report titled “NAND Flash Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2022)” is a comprehensive source of information for stakeholders looking to gain credible insights into the NAND flash market over the period of next five years.

Request Free Sample Report: https://www.mrrse.com/sample/3513

According to the report, growing need for expansive electronic storage, combined with demand for areal density is propelling the growth of the global NAND flash market. The future growth of global NAND flash market looks promising, with a CAGR of 18% projected for the market. The report projects that the global NAND flash market will be positively impacted by the broader trends in the IT industry. The adoption of IoT and Big Data are two key, yet important macro-economic events that can have an impact on the growth of the global NAND flash market during the forecast period. According to the report, the consumer electronics industry will also create sustained demand for NAND flash market during the forecast period. Demand for advanced NAND flash systems is also expected to remain steady on account of demand from the agricultural industry.

North America is one of the most important markets for NAND flash globally. There are several reasons for the prominence of North America as a major market for NAND globally. The U.S. remains the hub for innovation in NAND flash technology, and a number of leading players are headquartered in the U.S. Also, smartphone penetration and use of technology in agriculture activities is also high in the U.S., which further promotes the growth of the market in this region. Overall, the North America NAND flash market is likely to grow at a brisk pace during the forecast period.

Browse Full Report with TOC: https://www.mrrse.com/nand-flash-market

Mobile phones and SSD remain among the chief applications of NAND flash. According to the report, mobile segment will continue to grow at a steady pace, and offer sustained growth opportunities to manufacturers during the forecast period. Demand for NAND flash systems from the SSD industry is also likely to grow during the forecast period.

By density, demand for “256 GB and above” and 128 GB is high, and the trend is likely to continue during the forecast period. These memory density type segments will continue to offer opportunities to manufacturers over the forecast period.

Enquire About this Report: https://www.mrrse.com/enquiry/3513

About Us

Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact

State Tower

90, State Street

Suite 700

Albany, NY - 12207

United States

Telephone: +1-518-730-0559

Email: sales@mrrse.com

Website: https://www.mrrse.com/

Previous Article
Equus Launches SDX Platforms at SC17

Visit Equus Booth #252 to see cost-optimized software defined infrastructures

Next Article
Mid-range FPGAs make no excuses for design and data security

A new-class of mid-range FPGAs incorporate an alphabet soup of features for design and data security. No mo...

×

Want daily updates on storage? Subscribe to the storage edition of our Embedded Daily newsletter.

Subscribed! Look for 1st copy tomorrow.
Error - something went wrong!