Title: Universal Flash Storage Market expected to be worth 4.50 Billion USD by 2023
1MarketsandMarkets Presents Universal Flash
Storage Market worth 4.50 Billion USD by
2023
Universal Flash Storage Market by Capacity (32
GB, 64 GB, 128 GB, 256 GB, 512 GB),
Configuration, End Use (Automotive Electronics,
Digital cameras, Gaming Consoles, High-Resolution
Displays, Smartphones), Application, and
Geography - Global Forecast to 2023
2About our Report
- 131 Pages Report The universal flash storage
market is valued at USD 1.65 Billion in 2017 and
is estimated to grow at a CAGR of 18.3 to reach
USD 4.50 Billion by 2023. This growth can be
attributed to the growing demand for electronic
devices with faster performance and improved
responsiveness, rising adoption of high-speed
data transfer technologies, and increasing demand
for wearable electronics. - The base year considered for the study is 2016,
and the forecast period is between 2017 and 2023.
The objective of the report is to provide a
detailed analysis of the universal flash storage
market by application, capacity, configuration,
end use, and geography. The report provides
detailed information regarding the major factors
(drivers, restraints, opportunities, and
challenges) influencing the growth of the
universal flash storage market. The report also
gives a detailed overview of the value chain
pertaining to the universal flash storage market
and analyzes the market trends.
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4Inside of Report
- Browse
- 36 market data tables.
- 46 figures spread through 131 pages.
- in-depth TOC on Universal Flash Storage
Market - Global Forecast to 2023
- Mass storage needs to store a huge amount of data
in a machine-readable format. The universal flash
storage standard follows the SCSI architecture
model, but with a subset of SCSI commands. Due to
this, the universal flash storage standard
supports multiple commands enabling command
queuing and multi-threaded programming. This
results in efficient data transfer between the
host processor and mass storage. Owing to this,
mass storage application is expected to grow at
the highest rate between 2017 and 2023. - North America holds the dominant position in the
universal flash storage market owing to the rapid
adoption of advanced technology products by the
consumers, such as e-readers, drones,
smartphones, tablets, wearable electronics, and
AR-VR products.
5Universal Flash Storage Market
Download Sample Pages - https//www.marketsandma
rkets.com/requestsampleNew.asp?id112970772 The
important function of an embedded universal flash
storage solution is to provide long-term product
support, along with foreseeable performance. This
is due to the devices utilizing the embedded
universal flash storage configuration such as
automotive electronics, gaming consoles,
high-resolution displays, and laptops. The
adoption of embedded universal flash storage
configuration is limited in the initial stages.
However, as the technology matures from the
nascent stage of its adoption, this configuration
is more likely to be gaining momentum in the
coming years.
6Company Coverage
- Arasan Chip Systems Inc. (US),
- Cadence Design Systems, Inc. (US),
- GDA Technologies Inc. (US),
- Micron Technology, Inc. (US),
- Phison Electronics Corporation, Inc. (Taiwan),
- Samsung Electronics Co., Ltd. (South Korea),
- Silicon Motion Technology Corporation (US),
- SK Hynix, Inc. (South Korea),
- Synopsys, Inc. (US), and
- Toshiba Corporation (Japan).
7Table of Content
- 1 Introduction (Page No. - 12)
- 1.1 Objectives of the Study
- 1.2 Definition
- 1.3 Study Scope
- 1.3.1 Markets Covered
- 1.3.2 Geographic Scope
- 1.3.3 Years Considered for the Study
- 1.4 Currency
- 1.5 Limitations
- 1.6 Stakeholders
- 2 Research Methodology (Page No. - 16)
- 2.1 Research Data
- 2.1.1 Secondary Data.
- .
- .
- 13 Appendix (Page No. - 122) 13.1 Insights
of Industry Experts 13.2 Discussion Guide
8Summary
The universal flash storage market is estimated
at USD 1.65 Billion in 2017 and is estimated to
grow at a CAGR of 18.3 to reach USD 4.50 Billion
by 2023. This growth is attributed to the
increasing demand for electronic devices with
faster performance and improved responsiveness,
growing demand for wearable electronics, and
rising adoption of high-speed data transfer
technologies. Leading enterprises such as CIOs
and CTOs are having a positive outlook of the
market.
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