Thursday, August 10, 2017

New report shares details about the flash memory market increasing CAGR 11.37% from 2017 to 2021

The latest trend gaining momentum in the market is Increasing demand for next-generation memory. The demand for fast, economical, and high scalable memory solutions is increasing exponentially across the globe

The following companies as the key players in the Global Flash Memory Market: #Samsung, #Toshiba, #WesternDigital, and #SKHynix. 

Other Prominent Vendors in the market are: #ADATA, #Cactus, #Delkin, #EyeFi, #Hoodman, #KINGMAX, #Lexar ( #Micron Consumer Products Group), #PNYTechnologies, #Sony, #Starline International Group, #Strontium, and #Intel.

This results in the increase in the demand for the next-generation memory solutions such as ferroelectric random access memory ( #FeRAM ), magnetoresistive random access memory ( #MRAM ), and phase-change memory ( #PCM ). These memories are required as the amount of data generated that needs to be stored and efficiently analyzed is increasing exponentially.”

About Flash Memory

Flash memory is a non-volatile memory. Dr. Fujio Masuoka invented the flash memory when he worked for Toshiba in the 1980s.

Flash memory penetrated the semiconductor market by early 1990s. Flash memory evolved from erasable programmable read-only memory (EPROM) and electrically erasable programmable read-only memory (EEPROM).

Flash memory retains the stored data for an extended period of time even when the flash-equipped device is powered on or off.

According to the report, one of the major drivers for this market is High demand for rugged and robust storage devices. Rugged devices are meant to be used in harsh environmental conditions.

The rugged devices withstand and function at extreme high or low temperatures, without affecting the performance. Attributes like long battery life and being lightweight make them convenient to be integrated into the commercial and industrial segments.

https://www.whatech.com/market-research/it/356083-new-report-shares-details-about-the-flash-memory-market-increasing-cagr-11-37-from-2017-to-2021

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