Flash memory has application in portable devices due to their small size, low power consumption, high storage capacity, and other benefits. The market growth is driven by increased usage and sales of smartphones and related digital devices and growing investment in cloud data centers and digital storage by consumers, governments and enterprises.
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The growth in flash memory market is driven by rising usage of digital storage globally. Major reason being increased use of PCs, laptops, portable storage devices and systems requiring storage facility without energy supply which is more feasible through flash memory (specifically SSD). For instance, according to the World Economic Forum, by 2025, it is estimated that 463 exabytes of data will be created each day globally. Data of such magnitude will require portable storage provided by SSDs used in personal devices as well as cloud storage.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Flash memory Product by type
- NAND Flash
- NOR Flash
Global Flash memory Market by Application
- Cell phones
- Digital cameras
- Media players
- PCs and Laptops
- Solid state drives (SSD)
- Security Systems
- Others
Global Flash memory Market by End-User
- Industry
- Individual
- Enterprise
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the WorldLatin America
- The Middle East & Africa
Company Profiles
- ATP Corp.
- Biwin Storage Technology CO., LTD.
- Greenliant Systems Ltd.
- GigaDevices Semiconductor, Inc.
- Kioxia Corp.
- Marvell Semiconductor, Inc.,
- Nexus Global Business Solutions, Inc.
- Renesas Electronics Corp.
- Silicon Motion Technology Corp
- Swissbit Holding AG
- Tekmos Inc.
- Toshiba Corp.
- Transcend Services, Inc.
- VIA Technologies, Inc.
- Winbond Electronics Corp.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global flash memory market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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