Universal Flash Storage Market growth outlook with industry review and forecast To 2024

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Universal Flash Storage Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Key Insights from Universal Flash Storage Market

• The technology has an enormous potential to
  address the growing scalable growing data
  transmission needs. Increasing demand for such
  high-performance interface for computing and
  mobile systems provide lucrative growth
  opportunities to the universal flash storage
  market growth.
• Continuous improvements innovations in the
  technology coupled with its incorporation in
  high-end tablets and smartphones will drive the
  universal flash storage market growth. The
  standard UFS 2.0 provides an enhanced link
  bandwidth for performance upgrades, improvised
  security, and power-saving features as compared
  to the previous versions.
• Enhanced performance along with the capability of
  managing larger workloads compel the increasing
  penetration of such technology in many
  applications. However, high costs associated with
  the implementation of the technology might limit
  the overall universal flash storage market growth.

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Continued...

• The universal flash storage market is segmented
  by storage capacity, configuration, application,
  and end use. By capacity, the industry is
  classified into 32 GB, 64 GB, 128 GB, 256 GB, and
  512 GB. Due to the increasing implementation in
  embedded applications where high bandwidth and
  the processing speed are of significant
  importance, the 512 MB segment is set to witness
  a high growth over the forecast timeline.
• By configuration, the universal flash storage
  market is classified into embedded and externally
  removable cards. The embedded segment is set to
  grow in a considerable manner owing to the
  increasing demand from various industrial
  sectors. The incorporation of such solutions in
  laptops, high-resolution displays, and gaming
  consoles is on the rise considering its
  capability of delivering high performance.

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Major Companies in Universal Flash Storage Market

• Samsung Electronics Co., Ltd.
• Toshiba Corporation
• Silicon Motion Technology Corporation
• Synopsis, Inc.
• Phison Electronics Corporation
• Micron Technology
• Arasan Chip Systems, Inc.
• Cadence Design Systems
• SK Hynix and GDA Technologies, Inc.

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Regional Insights in Universal Flash Storage
Market

• North America is anticipated to dominate the
  universal flash storage market due to the growing
  adoption of the technology in smartphones,
  tablets, VR products, and smart wearables.
• The emerging trend of digitization across several
  industry verticals is expected to contribute to
  the Asia Pacific universal flash storage market.
  The growing preference for high-performance and
  energy-efficient devices along with the increased
  spending in new technologies further contributes
  to the regional growth.

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