Global Mobile NAND Flash Market to Expand at 15% CAGR Owing to Rising Demand for Smartphones and Tablet PCs: MarketResearchReports.Biz
August 7, 2015 | By Business Wire News
ALBANY, N.Y.
MarketResearchReports.biz has announced the addition of the “Global Mobile NAND Flash Market 2015-2019” report to their offering. This market research report on the global mobile NAND flash market offers detailed insights into the factors that drive and restrict the growth of this market. NAND flash memory refers to non-volatile storage technology that doesn’t require power for data retention. The development of NAND flash helps bring down the cost of each bit.
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Surging demand for tablets and smartphones drives the demand for mobile NAND flash. However, it is the insufficient penetration of hybrid PCs in the global market that hampers the growth of the global mobile NAND flash market. This research study states that the global mobile NAND flash market will expand at a 21.2% and 15% CAGR for the period between 2014 and 2019 in terms of shipments and revenue, respectively.
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Geographically, the report segments the global mobile NAND flash market into Europe, the Middle East, the Americas, and Asia Pacific. Some of the prominent regional markets mentioned in the report are China, the U.S., and South Korea. The report describes the aforementioned regional markets in terms of market size, demand drivers, market restraints, recent business developments, prevailing industry trends, and future market forecasts.
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Some of the key vendors operating in the global mobile NAND flash market mentioned in this report are Micron Technology, Kingston Technology, SK Hynix, Toshiba, SanDisk, and Samsung Electronics. The research study discusses the profiles of the companies,covering aspects such as business overview, key company facts, business strategy, recent developments, and SWOT analysis.
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