The Asia Pacific SLC NAND Flash Memory Market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
SLC NAND flash memory market in the Asia Pacific is expected to grow from US$ 432.9 Mn in 2018 to US$ 780.7 Mn by the year 2027 with a CAGR of 6.2% from the year 2019 to 2027.
The rising need for advanced features, increasing penetration of IoT technology, and the emergence of data-centric applications in numerous industry verticals are the major factors propelling the growth of the SLC NAND flash memory market. Moreover, the emergence of autonomous cars is anticipated to boost the SLC NAND flash memory market growth in the near future.
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SLC NAND flash memory market by type is classified into serial and parallel NAND flash memories. Depending upon the reliability and storage capacity of the devices, serial and parallel NAND flash memory products are utilized. The type segment of SLC NAND flash memory market is led by parallel NAND flash memories. The SLC NAND demands 1 bit ECC and different platforms with NAND interface which are proficient at accessing it precisely. The NAND Flash memory solutions are heavily utilized at a myriad of applications such as IoT, storage, automotive, digital TV, networking, mobile phones, set-top box, printers, DSL and Cable modems, industrial and other applications.
These factors are expected to offer broad growth opportunities in theElectronics and Semiconductor industry and this is expected to cause the demand for ASIA PACIFIC SLC NAND FLASH MEMORY MARKET in the market.
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ASIA PACIFIC SLC NAND FLASH MEMORY MARKET SEGMENTATION
- Computers & IT
- Consumer Electronics
- 1 Gb
- 2 Gb
- 4 Gb
- 8 Gb
- Above 8 Gb
- South Korea
- Rest of APAC
SLC NAND flash memory Market – Companies Mentioned
- Cypress Semiconductor Corporation
- Intel Corporation
- Kingston Technology Company, Inc.
- Microchip Technology Inc.
- Micron Technology, Inc.
- Samsung Electronics Co Ltd.
- SK Hynix Semiconductor Inc.
- Toshiba Corporation
- Western Digital Corporation
- Winbond Electronics Corporation
- Fudan Microelectronics
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