The
NAND flash market and it is poised to
grow by USD 8.26 billion during 2020-2024, progressing at a CAGR of almost 3%
during the forecast period. The report offers an up-to-date analysis regarding
the current market scenario, latest trends and drivers, and the overall market
environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will
accelerate during the forecast period. Cypress Semiconductor Corp., Intel
Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd., Micron
Technology Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., SK
HYNIX Inc., Toshiba Corp., and Western Digital Corp. are some of the major
market participants. The growing investments in fabrication facilities will
offer immense growth opportunities. To make the most of the opportunities,
market vendors should focus more on the growth prospects in the fast-growing
segments, while maintaining their positions in the slow-growing segments.
Growing investments in fabrication facilities has been instrumental in
driving the growth of the market.
NAND Flash Market 2020-2024: Segmentation
NAND Flash Market is segmented as below:
·
Technology
o
TLC
o
MLC
o
SLC
·
Geography
o
APAC
o
North America
o
Europe
o
South America
o
MEA
·
Application
o
Smartphones
o
SSDs
o
Memory Cards
o
Others
·
Type
o
3D NAND
o
2D NAND
NAND Flash Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our NAND flash market report
covers the following areas:
·
NAND Flash Market Size
·
NAND Flash Market Trends
·
NAND Flash Market Industry Analysis
This study identifies rise in number of strategic partnerships and
acquisitions as one of the prime reasons driving the NAND flash market growth
during the next few years.
NAND Flash Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the NAND flash
market, including some of the vendors such as Cypress Semiconductor Corp.,
Intel Corp., Kingston Technology Co. Inc., Marvell Technology Group Ltd.,
Micron Technology Inc., Renesas Electronics Corp., Samsung Electronics Co.
Ltd., SK HYNIX Inc., Toshiba Corp., and Western Digital Corp. Backed with
competitive intelligence and benchmarking, our research reports on the NAND
flash market are designed to provide entry support, customer profile and
M&As as well as go-to-market strategy support.
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