The 3D NAND Flash Memory Market is expected to grow at a CAGR of XX.XX% to reach US$XX billion by 2024, from US$XX billion in 2019. The 3D NAND flash memory technology has come in the picture due to a continous increase in demand for data storage, it offers a larger data storage and has a faster processing speed at a cheaper cost. There is an extensive demand of this technology as the existing technologies are not able to fulfill the desired requirements. The 3D NAND here proves very efficent as by giving a faster processing speed in a more compact size along with a minimum power consumption.
By end-user the 3D NAND Flash Memory Market is segmented as automotives, consumer electronics, communications and others. The consumers electronics shows a tremendous growth resulting from an increase in disposable income ,and due to rapid technological developments in the smartphone market, demands for faster processing at a minimum space is increasing. Many companies are spending heavily in the R&D which shows growth of these devices at a greater pace during the forecasted period.
By geography, the 3D NAND Flash Memory Market is segmented
as North America, South America, Europe, Middle East and Africa and Asia
Pacific. The Asia Pacific region is expected witness a significant increase of demand
3D DAND market as due to increase in the invesments in the data centres. Simultaneously, the increase in production of the smartphones & automobiles in China and India acts as a driver
which is expected to push the demand of 3D NAND during the forecasted period.
Major industry players profiled as a part of this report are Intel Corporation, Micron Technology Inc, SK Hynix Inc, Samsung Corporation, Wester Digitsl Corporation, Toshiba Corporation, Yangtze Memory Technologies Co., Ltd, ATP Electronics Inc.
The 3D NAND Flash Memory Market has been analyzed through the following segments:
Single Level Cell(SLC)
Triple Level Cell(TLC)
Smartphones and Tablets
Pc and Laptops
By End-User Industry
United States of America
Europe, Middle East and Africa
Key insights offered
What will be the 3D NAND Flash Memory Market size from 2018 to 2024?
How are the major drivers and restraints affecting the 3D NAND Flash Memory Market growth and the opportunities which exist for key vendors?
Which segment and region will lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour.
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.