Market for Flash Memory Growing to $44 Billion by 2018 – Reportlinker.com
CAGR of 8% from 2013
This is a Press Release edited by StorageNewsletter.com on June 19, 2014 at 2:59 pmReportlinker.com announces a market research report: Flash Memory: Technologies and Global Markets (141 pages).
This report:
- Examines the total available market for flash memory according to various application areas and identify how flash memory can be customized for each area.
- Receives an analysis of patents filed in this market.
- Focus on the summary of key players in different segments along with market share information.
Highlights
- The global market for flash memory was valued at $28.4 billion in 2012 and $30.1 billion in 2013. 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.