The article cited AMA's Global NAND Flash Market Study explored substantial growth with CAGR of 15.12%. According to the study, One of the Latest of Market is Increasing the popularity of 3D NAND Flash across the World is one of the primary growth factors for the market. Growing Demands of Smartphones Having High Features Smartphones and Tablets
is also expected to contribute significantly to the NAND Flash market. Overall, Universal Serial Bus
applications of NAND Flash, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Samsung (South Korea), Toshiba Corporation (Japan), Western Digital Corporation (United States), Micron Technology, Inc. (United States), SK Hynix Inc. (South Korea), Intel Corporation (United States), ATP Electronics Inc. (United States), SanDisk (United States), Powerchip Technology Corporation (China) and Macronix International (China) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global NAND Flash market identified that the demand is rising in many different parts of the world as "Growing Demand from Emerging market Such as China, India, Brazil, among others". Furthermore, some recent industry insights like "In December 2018, the Samsung (South Korea) company has released a multi-terabyte 860 QVO SSD built, which provides high-density 4-bit MLC NAND flash architecture. Hence, it will affect the growth of the market in the future." is constantly making the industry dynamic. One of the challenges that industry facing is "Issue related to Higher Cost of Product and Shorter Lifecycle of NAND Flash SSDs than HDDs and Lack of Skilled Workforce and Trained Workers is required regarding Manufacturing Products"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of NAND Flash market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of NAND Flash market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the NAND Flash market tight? Which application/end-user category or Product Type [Single Level Cell (SLC), Multi-Level Cell (MLC) and Triple Level Cell (TLC)] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the NAND Flash market and other related sub-markets covered in the study.
o Key & emerging players in the NAND Flash market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall NAND Flash market size is calculated using market estimation process, the NAND Flash market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global NAND Flash market size has been validated using both top-down and bottom-up approaches.