Nand Flash Memory Market, By Type (SLC, MLC, TLC, and QLC), By Structure (2-D Structure and 3-D Structure), By Application (Smartphone, SSD, Memory Card, Tablet, and Other Applications), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI5061

Pages :175

Formats :

Excel and PDF

Industry : Semiconductors

Market Concentration and Competitive Landscape

Nand Flash Memory Market Concentration By Players

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Transition to solid state drives

Mechanical hard disk drives (HDDs) have long been the preferred mass storage solution for personal computers owing to their large capacities and low costs. However HDDs are becoming outdated as solid state drives (SSDs) based on NAND flash memory offer compelling advantages of higher performance, lower power consumption, and robustness. SSDs deliver significantly faster read/write times compared to spinning HDD platters which is essential for modern day computing applications and experiences. Their resistance to physical shock and absence of moving parts also make SSDs more durable and reliable. As SSD capacities increase while costs decline at a rapid pace driven by technological advancements, an increasing number of desktops, laptops, and even enterprise servers are expected to adopt all-flash configurations. Major PC Original Equipment Manufacturers have already moved to primarily offering SSD configurations. The transition from HDDs to SSDs as the dominant storage media will benefit NAND flash suppliers and drive further demand for high capacity flash products across application segments in the upcoming decade.

Key Players