8% CAGR From 2013 to 2018 for Flash Memory Market – ReportBuyer

Was at $30 billion in 2013.

This is a Press Release edited by StorageNewsletter.com on October 17, 2014 at 2:55 pm

The global market for flash memory was valued at $28.4 billion in 2012 and $30.1 billion in 2013 according to analyst firm ReportBuyer in a report entitled Flash Memory: Technologies and Global Markets, May 2014, By BCC Research LLC (141 pages, $5,320).

This market is expected to grow to $43.9 billion by 2018, a CAGR of 7.8% for the five-year period, 2013 to 2018.

The market in Asia is expected to grow from nearly $15.1 billion in 2013 to $22.4 billion in 2018 at a CAGR of 8.3% from 2013 to 2018.

The North American market is the next largest market, and is expected to increase from $6.3 billion in 2013 to about $8.8 billion in 2018, a CAGR of 6.8% from 2013 to 2018.