Press Release Source: Report Ocean According to a new report published by REPORTOCEAN on February 27, 2022, the 3D Nand Flash memory market will grow at a healthy rate of over 20.4% over the forecast period 2022-2030 projected to grow at a rate. The global market size of 3D NAND flash memory in 2021 was US$14.9 billion. In 2030, the global market size of 3D NAND flash memory will reach USD 79.2 billion, and is expected to grow at a compound annual growth rate (CAGR) of 20.4% during the forecast period from 2022 to 2030. Before purchasing the report, please request a free sample page: https://reportocean.com/industry-verticals/sample-request?report_id=BWCC773 Market Overview: 3D NAND Technology Allows Memory Cells to Vertically This is a non-volatile flash memory that is used by stacking multiple layers. 3D NAND solutions can reduce cost per bit, increase chip capacity, and improve flash memory performance. 3D NAND also utilizes charge trapping technology rather than the more common floating rate. Charge trap memory is a technology that uses sheets of silicon nitride to store charge on opposite sides of the memory. Silicon Power 3D NAND SD card's 3D NAND flash storage solution uses a simpler algorithm and can improve read/write performance up to 2x. Influencing Factors on Market Growth: The prevalence of next-generation Internet of Things technologies in businesses and homes has contributed significantly to the development of the 3D NAND flash market, facilitating and driving market opportunities for the major players operating across the market. It is Due to the increasing space constraints of semiconductor wafers, the global market for 3D NAND flash memory is expected to grow significantly during the forecast period. Surge in data center demand is expected to drive the global market for 3D NAND flash memory during the forecast period. High manufacturing costs and the precision required in the manufacturing process are factors slowing down the global market for 3D NAND flash memory. Impact Analysis of COVID-19: The outbreak of COVID-19 has had a significant impact on the growth of the 3D NAND flash memory market. During the COVID-19 epidemic, the demand for storage solutions using 3D NAND flash memory increased, and the demand for 3D NAND flash memory increased dramatically. However, the lack of professional talent due to partial or total lockdowns by governments around the world has limited market growth during the COVID-19 epidemic. On the other hand, increasing demand for VR and digital application-based gaming solutions has led to the growth of the market. Post-COVID-19, the market for 3D NAND flash memory is expected to grow. Regional Insights: Asia-Pacific will hold the largest share of the 3D NAND flash memory market in 2021. As a result of the increase in mobile users in the region, especially in China and India. In addition, the semiconductor industry is growing in the region, led by China, which is driving the expansion of the market. Key Competitors: Major players in the global market for 3D NAND flash memory are: Samsung Electronics Co. LimitedToshiba CorporationSK Hynix Semiconductor, IncorporatedMicron Technology, IncorporatedIntel CorporationApple IncorporatedLenovo Group LimitedAdvanced Micro DevicesSTMicroelectronicsSanDisk CorporationOther Prominent PlayersScope of the report: 3D NAND The global flash memory market has been segmented with a focus on type, application, end-user and region. Segmentation by type: Single-level cell Multi-level cell Triple-level cell Segmentation by application: Cameras Laptops and PCs Smart phones & tablets Others Segments by end-users: Automotive consumer electronics companies Health care Others By region, it is segmented as follows. : North America (United States, Canada, Mexico) Europe (United Kingdom, Germany, France, Italy, Spain, Poland, Russia, Netherlands, Belgium, Turkey, Nordic Countries, Rest of Europe). Asia Pacific (China, India, Japan, South Korea, Australia, New Zealand, ASEAN Countries, Rest of Asia Pacific) Middle East & Africa (UAE, Saudi Arabia, South Africa, Israel, Kuwait, Qatar, Oman, Rest of MEA) South America (Argentina) , Brazil and other South American regions) Request to see report coverage: https://reportocean.com/industry-verticals/sample-request?report_id=BWCC773 About us: We are the best market in the industry A research report provider. Report Ocean believes in providing quality reports to clients to achieve top-line and bottom-line goals of increasing market share in today's competitive environment. Report Ocean is a "one stop solution" for individuals, organizations and industries looking for innovative market research reports. Corporate Press ReleaseDetailsTo PR TIMES top
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