Universal Flash Storage Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Category: Semiconductor & Electronics Report Format : PDF Report Code: ZMR-3076 Status : Upcoming


Global Universal Flash Storage Market: Overview

Flash storage a type of drive, repository or system which uses the flash memory to store the data for an extended period. Flash memory is omnipresent in the small computing device and more common in large business storage systems. Universal flash storage is a common flash storage specification for digital cameras, mobile phones, and consumer electronic devices. It helps to get a higher data transfer speed and increases reliability to flash memory storage while removing the need for different adapters for different card types. It was created for mobile applications and computer systems that need high performance and low power consumption. It designed most advanced specification for both embedded and removable flash memory-based storage in mobile devices.

Global Universal Flash Storage Market: Growth Factors

Mass storage needs to incorporate a huge amount of data in a machine-readable format and since the universal flash storage follows the SCSI architecture model, it supports the multiple commands and multithreaded programming. Due to this, there is efficient data transfer which helps drive the market for universal flash storage. Growing demand for connectivity and the adoption of electronic components in the automobile sector expected to contribute towards the growth of the market. As devices like the gaming consoles, high-resolution displays, automotive electronics, and laptops must the embedded universal flash storage configuration, the demand for this market has risen. Technological advancement equipping configuration of devices is also responsible for the growth of this market. Penetration of the electronic devices and the need for fast data transfer technology expected to contribute towards the growth of this market.  

Global Universal Flash Storage Market: Segmentation

The global universal flash storage market segmented on basis of configuration, application, end-use, capacity, and region. On the basis of configuration, the universal flash storage market divided into embedded and removable. In terms of application, the universal flash storage market segmented into mass storage, boot storage, external card and XiP flash. Based on end-use, the universal flash storage market fragmented as high-resolution displays, digital cameras, laptops, automotive electronics, gaming consoles, smartphones and others. In terms of capacity, the universal flash storage market classified into 32 GB, 64 GB, 128 GB, 256 GB and 512 GB. Based on region, universal flash storage market is segmented into North America, APAC, Europe and Rest if the World.

Global Universal Flash Storage Market: Regional Analysis

North America anticipated leading the universal flash storage market globally owing to the quick and growing adoption of innovative technology and advanced technology products like drones, e-readers, and other products. APAC is significantly growing due to the emerging trend of digitalization across many industries. Demand for electronics with faster performance and improved responsiveness along with demand for wearable devices is contributing to the regional growth.

Global Universal Flash Storage Market: Competitive Players

Some of the key players in the global universal flash storage market include Arasan Chip Systems, Inc., Toshiba Corporation, Synopsis, Inc., Samsung Electronics Co. Ltd., Silicon Motion Technology, Cadence Design Systems, SK Hynix, GDA Technology, Inc., Micro Technology and Phison Electronics Corporation, among others.

Global Universal Flash Storage Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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