(PRWEB) April 15, 2015
Flash memory is the most widely used non-volatile computer storage medium. Flash memory are usually of two kinds namely the NAND and NOR logic gates.This was done in order to compete with the magnetic storage devices. The NAND flash memory is highly used in MP3 players, digital cameras and USB drives where data is frequently updated and replaced. It’s a highly profiteering market considering the widespread use of portable devices like laptops, music players, cameras and other gadget whose hard drives uses the NAND flash memory.
For an overview on this market one can refer to Global NAND Flash Market 2015-2019 (http://www.rnrmarketresearch.com/global-nand-flash-market-2015-2019-market-report.html ). According to market experts this industry is expected to grow at CAGR of 10.1% over 2014-2019. The report covers the important players of this market like- Intel, Micron Technology, Samsung Electronics, SanDisk, SK Hynix and Toshiba. There is a detail about the business profile of these companies with segmentation by revenue for 2013 and for 2013 vs 2012, business strategies, keys facts about them, their recent developments and a SWOT analysis of the company. There is a detailed segmentation on the application of NAND Flash market in Smartphone, Tablet, SSD, HHP, Smartcard, USB, DSC cameras, MP3 players and other products. The second set of segmentation deals with NAND Flash Market by type over the period of 2014-2019 on MLC, TLC and SLC. A section of the segmentation report also deals with the details of form factors like Memory, SSD, Flash, eMMC, and eMCP and others. The report covers in details various geographies like Americas, APAC and EMEA where the market of NAND flash memory is booming.
According to the report, the increase in sales of smartphones and tablets is an important driver of the market. The increased functionality provided by smartphones, compared to feature phones, is the reason for the popularity of smartphones among consumers. Tablets are also emerging as key applications for NAND flash.
The decline in average selling price of NAND flash is one of the key trends upcoming in the market. It will facilitate the smartphone, SSD, computing device, consumer electronics device, and tablet PC manufacturers to expand their target market. Moreover, the reducing ASPs is expected to increase the number of applications for NAND flash, which will thereby contribute to the growth of this market during the forecast period.
Inspite of the positives of NAND flash memory there are a couple of drawbacks that the industry is still trying over come in terms of media transfer rates. Also there are efforts to improve the write requests however, the benefits of this device are equally or even more useful and hence its popularity in the market. Its biggest market is the Americas where there are a lot of players followed by Japan. The Chinese market is also booming with low priced product offerings. There is a constant effort to come up with an upgraded version of this chip to meet the growing demand of the product. The best thing about this market is that the demand will never die out as everytime the manufacturer comes up with an upgraded version of the electronic device or the gadget people tend to replace the old one with the latest product.
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The report includes details regarding the future market scenario ie, by 2019. The reader of the report would be able to analyse the declining trend of ASP of NAND Flash, understand the market challenges in terms of lack of penetration of hybrid PCs and also get a fair idea on the increasing sale of smartphones, tablet and PCs and its impact on the NAND Flash market.
Global NAND Flash Market 2015-2019 report recognizes the following companies as the key players in the Global NAND Flash Market: Intel Corp., Micron Technology Inc., Samsung Electronics Co. Ltd., SanDisk Corp., SK Hynix Inc. and Toshiba Corp.
Further, the report states that a key challenge in the market is the limited penetration of hybrid PCs. These PCs have multiple functionalities and are expected to witness high adoption among consumers. Hybrid PCs integrated with solid-state drives influence the demand for NAND flash.
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