The global universal flash storage market is expected to grow at a CAGR of 18% from 2021 to 2027 from $1.65 million in 2017 to $4.55 million by 2023.
The growing demand for general purpose flash storage has fueled a boom in the general-purpose flash storage market as electronic devices for technologies such as IoT and artificial intelligence increase. This growth has been seen, particularly in the areas of high-speed data transfer technologies, wearable electronics, and electronic devices that provide faster performance and improved responsiveness.
The universal flash storage market has increased reliability in flash memory storage, resulting in faster data transfer rates, reducing market confusion and eliminating the need for different adapters for different types of cards. This flash storage card is used for applications that require fast and fast compilation and response. The Universal Flash Storage added to the device is designed to provide high performance with low power consumption. These devices include features that support both high throughput for large data transfers and performance for small random data access.
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A full report of Universal Flash Storage Market available at: https://www.orionmarketreports.com/utility-locator-market/47835/
The key players comprise: Arasan Chip SystemsInc., Toshiba Corporation, SynopsisInc., Samsung Electronics Co. Ltd., Silicon Motion Technology, Cadence Design Systems, SK Hynix, GDA TechnologyInc., Micro Technology and Phison Electronics Corporation,
Universal Flash Storage Market Segments:
By Application
• Mass Storage
• Boot Storage
• XiP Flash
• External Card
By Capacity
• 32 GB
• 64 GB
• 128 GB
• 256 GB
• 512 GB
By Configuration
• Embedded
• Removable
By End-Use
• Automotive Electronics
• Digital Cameras
• Gaming Consoles
• High-Resolution Displays
• Laptops
• Smartphones
• Others
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