At 18+% CAGR Universal Flash Storage Market To Hit $4.50 Billion by 2023 Led by North America
PUNE, India, Nov. 1, 2017 /PRNewswire-iReach/ -- Asia Pacific is expected to be the fastest-growing region in the universal flash storage market during the forecast period. The digital era has spurred various technological innovations in this region. In addition, this region is witnessing steady growth in the technology spending. Leading enterprises such as CIOs and CTOs are having a positive outlook of the market. Shifting consumer preferences for high-quality video recording, increasing proliferation of 4K technology, and rising preference for energy efficient devices are expected to boost the universal flash storage market growth.
Browse 36 Market Data Tables and 46 Figures spread through 131 Pages and in-depth TOC on "Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography - Global Forecast to 2023" http://www.rnrmarketresearch.com/universal-flash-storage-market-by-capacity-32-gb-64-gb-128-gb-256-gb-512-gb-configuration-end-use-automotive-electronics-digital-cameras-gaming-consoles-high-resolution-displays-smartphones-applicatio-st-to-2023-market-report.html .
Key players operating in the universal flash storage market include Arasan Chip Systems Inc. (US), Cadence Design Systems, Inc. (US), GDA Technologies Inc. (US), Micron Technology, Inc. (US), Phison Electronics Corporation, Inc. (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Silicon Motion Technology Corporation (US), SK Hynix, Inc. (South Korea), Synopsys, Inc. (US), and Toshiba Corporation (Japan).
The universal flash storage market for the removable configuration is estimated to witness the fastest growth in the coming years. Owing to the faster performance and improved responsiveness of the consumer electronic devices, universal flash storage cards are anticipated to gain popularity in the near future. Removable universal flash storage cards support multiple commands and enable simultaneous reading and writing, doubling throughput. Due to this, most power-efficient data transport and highest performance in the consumer electronic devices is achieved.
Inquire for Discount on "Universal Flash Storage Market Global Forecast to 2023" research report at http://www.rnrmarketresearch.com/contacts/discount?rname=1217034 .
External cards are expected to lead the universal flash storage market in 2017. Universal flash storage external cards support achieving power-efficient data transport, enhanced performance, and doubling throughput via command queuing. Key players are focusing on developing innovative memory solutions to cater to their growing requirements of consumers such as high-resolution movie playback, high-resolution 3D gaming, and high-end DSLR camera for enhancing their multimedia experience. For instance, Samsung Electronics Co., Ltd., in July 2016, launched the removable memory card line-up, with a capacity up to 256 GB. These removable memory cards are based on the JEDEC universal flash storage1.0 card extension standard. These cards are meant for high-resolution mobile shooting devices such as 3D VR cameras, DSLR cameras, drones, and action cams.
The embedded configuration leads the universal flash storage market in 2017. Illustrative segmentation; analysis; and forecast of the market by application, capacity, configuration, end use, and geography give an overall view of the universal flash storage market.
Make an Inquiry on Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography - Global Forecast to 2023 research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1217034 .
The universal flash storage market research report covers different segments—application, capacity, configuration, end use, and geography. The report covers four major geographies —North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Breakdown of the profiles of the primary participants in the report has been given below:
- By Company Type: Tier 1 - 37%, Tier 2 - 33%, and Tier 3 - 30%
- By Designation: C–Level Executives - 71% and Directors - 29%
- By Region: North America - 32%, Europe - 28%, APAC - 26%, and RoW - 14%
Another research titled FPGA Market Global Forecast to 2023 says, the FPGA market is expected to be valued at $9.50 billion by 2023 from $5.83 billion in 2017 and grow at a CAGR of 8.5% between 2017 and 2023. Telecommunications vertical expected to dominate the FPGA market during the forecast period. Flash technology expected to dominate the FPGA market during the forecast period. FPGA market in APAC projected to grow at the highest CAGR during the forecast period. Companies such as Xilinx (US), Intel (US), Lattice Semiconductor (US), Micro semi (US), TSMC (Taiwan), Microchip Technology (US), United Microelectronics (Taiwan), Quick Logic (US), GLOBAL FOUNDRIES (US), Achronix (US), S2C Inc. (US) have been profiled in this 143 pages research report available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=263875 .
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