New Report Available: Global Mobile NAND Flash Market 2015-2019

Fast Market Research recommends "Global Mobile NAND Flash Market 2015-2019" from TechNavio, now available

[USPRwire, Mon Aug 31 2015] Fast Market Research announces the availability of Technavio's new report "Global Mobile NAND Flash Market 2015-2019" on their comprehensive research portal.

NAND flash memory is a non-volatile storage technology which does not require power to retain data. NAND flash development reduces the cost per bit. It maximizes chip capacity as the cells are connected in series connection and occupies lesser space than the ones connected in parallel connection. Thus, NAND flash costs 40 percent cheaper than NOR flash device at the 1 GB levels. NAND flash is used in devices that require large amount of data organized on a block or file basis, and also those that require both read and write operations. The write time in NAND flash is much faster than that of NOR devices. NAND devices are commonly available in 128 MB to 1 TB densities for packaged products. NAND flash used for mobile devices, such as smartphones and tablets PCs, are referred to as mobile NAND flash memory. Currently, the increased use of mobile devices worldwide is fostering the demand for mobile NAND flash.

Technavio predicts that the global mobile NAND flash market will grow at a CAGR of 15% and 21.2%, in terms of revenue and shipments respectively, during 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Mobile NAND Flash Market 2015-2019

The report analyst commented, "3D NAND is one of the emerging technologies in the market that is expected to have high adoption in the future. This is because 3D NAND has a higher storage capacity in comparison to 2D NAND. The information on 2D NAND is stored in a 2D array, whereas in a 3D NAND the information bits can be stacked to have high memory density. The majority of vendors, such as Samsung, Toshiba, and SanDisk, have started investing in the market, which is expected to fuel the adoption of 3D NAND during the forecast period. 3D NAND looks promising because of its high-density storage capacity. Thus, it is expected that the penetration of 3D NAND in the global NAND flash market will increase by 2019."

According to the report, the increasing sale of smartphones is the main driving factor for the growth of mobile NAND flash memory. The increase in urbanization and per capita income, the decline in the ASP of smartphones and tablets, and need for technologically sound headsets are some of the key factors responsible for the growth of the mobile and tablet PCs market. To increase market penetration and attract large numbers of consumers in countries like India and China, OEMs have launched several low-range affordable products. As a result, the number of unit shipments will increase, thereby contributing to the growth of the global mobile NAND flash market.

Further, the report states that the lack of demand for hybrid PCs is expected to lower the demand for SSDs and NAND flash, thereby posing a challenge to the growth of the market.

The key players in the Global Mobile NAND Market are Samsung Electronics, SanDisk, Toshiba, SK Hynix, Kingston Technology and Micron Technology

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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