ICT RESEARCH REPORTS Electrically-Erasable-Programmable-Read-Only-Memor | Page 2

Electrically Erasable Programmable Read Only Memory Market Taxonomy
On the basis of application, the global electrically erasable programmable read only memory
market is segmented into:
 Consumer Electronics
 Enterprise
 Automotive
 Military and Aerospace
 Telecommunication
 Energy and Power
 Healthcare
 Others
Browse More About the Market Study @
https://www.coherentmarketinsights.com/ongoing-insight/electrically-erasable-programmable-read-only-memory-market-650
Electrically Erasable Programmable Read Only Memory Market Outlook – Asia Pacific
holds the largest market
On the basis of geography, electrically erasable programmable read only memory market is
segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia
Pacific holds the dominant position in the global electrically erasable programmable read only
memory market and is projected to retain its dominance throughout the forecast period.
Significant growth witnessed by consumer electronics and automotive industry in turn fuels
growth of market in major economies such as China and India. For instance, electronics market in
India accounted for US$ 36.2 billion in 2016, from US$ 31.6 billion in 2015, and is projected to
reach US$ 104 billion by 2020.
Moreover, electrically erasable programmable read only memory market of North America is
gaining significant traction, owing to rising demand for high speed electronic devices and
increasing proliferation of connected devices. Furthermore, high adoption of smartphone the U.S.
creates a highly conducive environment for market growth. According to Coherent Market Insight,
in 2016 around 208.6 million smartphone users were present in the U.S., up from 190.6 million
users in 2015 and is projected to reach 257.7 million smartphone users by 2020.