Press Release / Technology / Flash Memory Market Research Report by Forecast to 2027

Flash Memory Market Research Report by Forecast to 2027

Market Highlights:
The primary force driving the growth of flash memory market is the increasing use of mobile phones. Mobile devices have become inseparable part of our lives enabling more convenient communication, online content downloading and sharing. For large amounts of data storage, there arises a requirement of large memory, which is ultimately building demand for higher memory capacities. The flash memory market is driven by the factors such as growing demand for high data transfer rate and increased demand for portability of data.
On the other hand, cloud based storage is one of the major factors likely to pose challenges to the market growth. Also, reliability issues and data corruption rate are other factors which could cause hindrance in the growth of flash memory market.
Flash memory is a technology which is used to store the electronic data which can be electrically erased and reprogrammed. Market of flash memory has been growing with the evolution of the computers and media devices and increasing need for data storage and mobility at the same time.
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Major Key Players:

Samsung Electronics (South Korea)
Toshiba Corporation (Japan)
Intel Corporation (U.S.)
SanDisk (U.S.)
Western Digital (U.S.)
IM Flash Technologies LLC (U.S.)
Micron Technology, Inc., (U.S.)
Cypress Semiconductor Corporation (U.S.)
SK Hynix (South Korea)
STMicroelectronics (Switzerland)
Qimonda AG (Germany)
ADATA Technology Co., Ltd. (Taiwan)
Cactus Technologies (U.S.)
Delkin Devices (U.S.)
Eye-Fi (U.S.)
KINGMAX Semiconductor, Inc. (Taiwan)
PNY Technologies, In. (U.S.)
Sony Corporation (Japan)
Starline International Group (China)
Strontium Technology Pte Ltd (Singapore)

Industry/ Innovation/ Related News:
November, 2017:
Memory giants like Hynix and Micron Technology are expected to make the biggest moves in the market owing to surge in the flash memory market. SK Hynix occupying the third position and Micron Technology is moving up to fourth position in to the flash memory market.