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Universal Flash Storage Market worth 4.50 Billion USD by 2023

[131 Pages Report] The universal flash storage market is valued at USD 1.65 Billion in 2017 and is estimated to grow at a CAGR of 18.3% to reach USD 4.50 Billion by 2023. This growth can be attributed to the growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, and increasing demand for wearable electronics.

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Universal Flash Storage Market worth 4.50 Billion USD by 2023

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  1. MarketsandMarkets Presents Universal Flash Storage Market worth 4.50 Billion USD by 2023 Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography - Global Forecast to 2023

  2. About our Report • [131 Pages Report] The universal flash storage market is valued at USD 1.65 Billion in 2017 and is estimated to grow at a CAGR of 18.3% to reach USD 4.50 Billion by 2023. This growth can be attributed to the growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, and increasing demand for wearable electronics. • The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the universal flash storage market by application, capacity, configuration, end use, and geography. The report provides detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the universal flash storage market. The report also gives a detailed overview of the value chain pertaining to the universal flash storage market and analyzes the market trends.

  3. Inside of Report Browse: • 36 market data tables. • 46 figures spread through 131 pages. • in-depth TOC on “Universal Flash Storage Market - Global Forecast to 2023” • Mass storage needs to store a huge amount of data in a machine-readable format. The universal flash storage standard follows the SCSI architecture model, but with a subset of SCSI commands. Due to this, the universal flash storage standard supports multiple commands enabling command queuing and multi-threaded programming. This results in efficient data transfer between the host processor and mass storage. Owing to this, mass storage application is expected to grow at the highest rate between 2017 and 2023. • North America holds the dominant position in the universal flash storage market owing to the rapid adoption of advanced technology products by the consumers, such as e-readers, drones, smartphones, tablets, wearable electronics, and AR-VR products.

  4. Universal Flash Storage Market Download Sample Pages :- https://www.marketsandmarkets.com/requestsampleNew.asp?id=112970772 The important function of an embedded universal flash storage solution is to provide long-term product support, along with foreseeable performance. This is due to the devices utilizing the embedded universal flash storage configuration such as automotive electronics, gaming consoles, high-resolution displays, and laptops. The adoption of embedded universal flash storage configuration is limited in the initial stages. However, as the technology matures from the nascent stage of its adoption, this configuration is more likely to be gaining momentum in the coming years.

  5. Company Coverage • Arasan Chip Systems Inc. (US), • Cadence Design Systems, Inc. (US), • GDA Technologies Inc. (US), • Micron Technology, Inc. (US), • Phison Electronics Corporation, Inc. (Taiwan), • Samsung Electronics Co., Ltd. (South Korea), • Silicon Motion Technology Corporation (US), • SK Hynix, Inc. (South Korea), • Synopsys, Inc. (US), and • Toshiba Corporation (Japan).

  6. Table of Content 1 Introduction (Page No. - 12) 1.1 Objectives of the Study 1.2 Definition 1.3 Study Scope 1.3.1 Markets Covered 1.3.2 Geographic Scope 1.3.3 Years Considered for the Study 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology (Page No. - 16) 2.1 Research Data 2.1.1 Secondary Data. . . 13 Appendix (Page No. - 122)     13.1 Insights of Industry Experts      13.2 Discussion Guide

  7. Summary The universal flash storage market is estimated at USD 1.65 Billion in 2017 and is estimated to grow at a CAGR of 18.3% to reach USD 4.50 Billion by 2023. This growth is attributed to the increasing demand for electronic devices with faster performance and improved responsiveness, growing demand for wearable electronics, and rising adoption of high-speed data transfer technologies. Leading enterprises such as CIOs and CTOs are having a positive outlook of the market.

  8. Get detail of this Report ? We at MarketsandMarkets, are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. For More Information https://www.marketsandmarkets.com/Market-Reports/universal-flash-storage-market-112970772.html Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441

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