Lucintel’s latest market report analyzed that EEPROM provides attractive opportunities in the consumer electronics, communication, automotive, industrial, and computer markets. The EEPROM market is expected to reach $1 billion by 2026 with a CAGR of 4.8%. In this market, ≥ 16 Kbit is the largest segment by product, whereas consumer electronics is largest by end use industry.
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Based on product, the EEPROM market is segmented into ≥ 16 Kbit, 32 Kbit, 64 Kbit, 128 Kbit, 256 Kbit, 512 Kbit, 1 Mbit, and ≤ 2 Mbit. The ≥ 16 Kbit segment is expected to accounted for the largest share of the market in 2020 due to the rising demands for high speed electronic devices and increasing proliferation of connected devices will increases the demand of ≥ 16 Kbit based electrically erasable programmable read only memory and 64 Kbit EEPROM is to register the highest CAGR during the forecast period, due to the increasing need to lower power consumption with high bandwidth, and highly scalable memories.
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72 – Tables
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166 – Pages
The EEPROM market is marked by the presence of several big and small players. Some of the prominent players offering EEPROM include STMicroelectronics, Microchip, Giantec Semiconductor Corporation, ON Semiconductor, NXP, ROHM Co., Ltd., ABLIC Inc, Fudan Microelectronics Group Co., Ltd, and Renesas Electronics Corporation.
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