3D NAND Flash Memory Market 2019
3D NAND Flash Memory is a flash memory storage in which memory cells are stacked vertically in multiple layers, and it uses a charge trap flash architecture. It can be used as a conventional NAND and has many advantages over the hard disk and tape storage.
3D NAND Flash Memory is a technologically advanced form of NAND; it enables greater speed, lower cast, and higher density as compared to the conventional NAND. The development of 3D NAND Flash Memory was brought to overcome the limitations associated with 2D NAND’s capacity limitations. 3D NAND Flash Memory is stacked vertically to achieve higher densities, lower power consumption, better endurance, and faster reads or writes, and a lower cost per gigabyte.
3D NAND Flash Memory has higher capacity in a smaller space; higher speed read/write bandwidth and IO. This results in a lower power draw. 3D NAND Flash Memory is a proven, cost-efficient technology. The memory cells are vertically stacked to increase the capacity. 3D NAND Flash Memory technology allows to mix-and-match TLC and MLC flash in the same system, enabling higher density and lower cost. The latest technology such as cloud, big data, internet of things, etc. require storing, processing and sharing data, and 3D NAND Flash Memory consists of tiers of memory capacity, and its architecture provides more storage capacity at a lower cost per gigabyte.
The growing demands of mobile computing and data centers will drive the market of 3D NAND Flash Memory. With ongoing advancement in technology, the market is getting more competitive, but 3D NAND Flash Memory with its technical advances, durability, and vendor investment will drive the market ahead.
The global 3D NAND Flash Memory market can be segmented into types – MLC Type, TLC Type, and other. MLC Type or Multi-Level Cell Type stores 2 bits per cell, which lowers price-per-capacity with lower endurance. TLC Type or triple-level Cell Type stores 3 bits per cell.
Based on the application, the global 3D NAND Flash Memory Market is segmented into – SSD and Consumer Electronics.
In terms of region, North America and Europe’s 3D NAND Flash Memory market performance will show better growth due to the higher adoption of 3D NAND Flash Memory. In the next few years, North America, South America, and Europe’s market will be showing promising potential in the market. As North America and Europe have better expenditure capacity, both the market is anticipated to expand at a significant pace in the coming years. Both regions will drive the market share.
3D NAND Flash Memory will show extensive growth in South America, the Middle East, and Africa (MEA), by making alterations in the present industry scenario. It is expected that during the coming years Asia-Pacific (APAC) will drive the 3D NAND Flash Memory market due to its technical advancements. In the next few years, the market is predicted to perform astoundingly well by revamping the industry and adopting new technologies.
The key players operating in the global 3D NAND Flash Memory include – Samsung Electronics, Toshiba/SanDisk, SK Hynix Semiconductor, Micron Technology, and Intel Corporation.
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