Market Research Report NAND Flash Memory Market Report 2018
Analysis of Global NAND Flash Memory Market
Report 2018-2022
A new report released by Businessindustryreports.com titled
“Global NAND Flash Memory Market” that targets and
provides comprehensive market analysis with future
prospects to 2022. The NAND Flash Memory Market report
broadly provides the in-depth study of market growth,
trends, share, industry overview, size and top players.
Global NAND Flash Memory Market Overview:
According to market analysts, Global NAND Flash Memory Market is projected to grow at a high
CAGR value from 2018 to 2022.
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NAND flash memory is a type of non-volatile storage technology that does not require power to
retain data. An important goal of NAND flash development has been to reduce the cost per bit and
to increase maximum chip capacity.
When a NAND card wears out, the user simply buys a new one, and the device continues to function.
By passing the expense of additional storage on to the consumer, manufacturers have been able to
lower the price of consumer electronic devices significantly.
The NAND Flash Memory Market is segmented based on Product Type, End-user and Region. On the
basis of product type, the market is sub-segmented into smartphone & tablets, laptop & PC's and
camera among others. With smartphones becoming indispensable, the competition in the consumer
electronics industry is increasing.
On the basis of end-user, the market is sub-segmented into consumer electronics, industrial,
automotive and healthcare among others.
Regionally, Asia-Pacific is set to occupy the largest share in the NAND flash memory market, over the
forecast period, due to the high technological adoption of memory devices in the consumer
electronics. Due to industrially developing economies, such as China and India, this region is driving
the demand for NAND flash memory devices.