The 3D NAND flash memory is a flash memory storage chip in which memory cells are stacked vertically in multiple layers. Flash manufacturers innovated the 3D NAND flash memory in order to provide high density storage at low cost per bit. Due to higher memory storage capacity, flexibility to use, and compact size 3D NAND flash memory chips are used widely in applications such as smart phones, video games, audio players etc. These applications are impacting the growth of 3D NAND flash memory market. The market is expected to have a CAGR of 33% during the forecast period 2016-2023 and . The 3D NAND flash memory is also expected to be the largest market in the the solid state drive flash memory industry due to the reduced adoption of 2D or planar NAND flash memory due to their disadvantages .
The key factor driving the growth of 3D NAND flash memory is the increasing demand for data storage. Due to the availability of large number of multimedia information such as images, audio, video, there is an increased demand for storage in laptops, and smart phones, which often come with storage capacity of 128 GB and 64 GB respectively. 3D NAND flash memory chips can store up to 1.5 terabyte (TB) of data in its natural form. According to Institute of Electrical and Electronics Engineers ( IEEE) , the multilevel 3D NAND flash memory chip is dominating the flash memory market owing to its extensive advantage of storage density. Thus, IEEE is enhancing the reliability of multilevel 3D NAND flash memories by the Concatenated BCH-TCM Coding in order to improve the tolerance of the existing 3D NAND flash memory. Moreover, the increasing penetration of internet users has led to the increasing demand for 3D NAND flash memory devices. According to International Telecommunication Union (ITU), there were around 3.19 billion internet users in 2015 which increased up to 3.74 billion in 2017. Hence, increasing number of internet users globally due to the rising demand for smart phones, tablets, etc. is the major factor driving of global 3D NAND flash memory market.
Source: OBRC Analysis.
The report on global 3D NAND flash memory market includes type, product and applications.
Types included in 3D NAND flash memory market report are:
- Single level cell
- Multi-level cell
- Triple level cell
Products included in 3D NAND flash memory market report are:
- Camera
- Video games
- Desktop and laptop
- Smartphones and tablets
- Other products
Applications of 3D NAND flash memory include:
- Automotive
- Consumer electronics
- Enterprise
- Healthcare
- Other
Global 3D NAND flash memory market report has been geographically segmented in:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
Asia Pacific accounted for the largest market revenue in 2016 and is expected to continue its dominance during the forecast period in global 3D NAND flash memory market. The key factors driving the growth of 3D NAND flash memory market in APAC are the large number of key market players operating such as Samsung, Toshiba etc., huge number of semiconductor and flash memory production base in China, Japan, and South Korea, along with a vast number of consumer base in India and China, this region manages to lead in revenue generation with respect to the other regions. Due to increasing penetration of smart phones and tablets are contributing in the revenue generation of flash memory chips. The increasing manufacturing of smartphones and other smart devices would provide significant contribution to the growth of 3D NAND flash memory market.
Global 3D NAND flash memory market report covers segmentation analysis of type, product type and applications. Report further covers segments of type which includes single level cell, multi-level cell and triple level cell. Among these segments, the multilevel cell type of flash memory is the leading segment due to high storage capacity provided as compared to the other two types. Report further covers segments of product type which includes camera, video games, desktop and laptop, smart phones and tablets etc. The increasing number of smart phone users led to driving the growth of smart phone segment. According to Pew Internet Research Organization (pewinternet.org), the number of Americans smart phone users rose from 59% in 2014 to 77% in 2016. Furthermore, according to Pew, out of total American population around 78% men and 75% women use smart phones in 2016. Whereas the applications of 3D NAND flash memory includes automotive, consumer electronics, enterprise, healthcare etc. The consumer electronics is the leading segment in terms of total market revenue share owing to the increased adoption of smart phones and tablets. This segment accounted for revenue worth 2.2 billion in 2016. The increasing penetration of virtual reality, IoT, video streaming have led to the increased demand for 3D NAND flash memory devices.
The major market players of the global 3D NAND flash memory market are:
- APPLE INC.
- SAMSUNG ELECTRONICS
- ADVANCED MICRO DEVICES
- INTEL CORPORATION
- TOSHIBA CORPORATION
- OTHERS
These companies use various strategies such as mergers & acquisition, collaboration, partnership and product launch. Whereas, Product and Service launch is the key strategy adopted by the companies in the 3D NAND flash memory market.
For Example: In June 2017, Toshiba corporation developed the World's First QLC 3D Flash Memory named as BiCS Flash which would provide data storage capacity of 1.5TB.
In June 2017, Samsung Electronics announced the commencement of the volume production 64-layer, 256 GB V-NAND flash memory for use with an expanding line up of storage solutions for server, PC and mobile applications.
The report covers detailed analysis of companies which comprises of overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in 3D NAND flash memory market.
Key reasons to buy the report:
- The report includes market estimation, forecast and analysis for the year 2016-2023
- Report includes detailed analysis of different segments such as type, product and applications of global 3D NAND flash memory.
- Identify and understand the strengths, opportunities, challenges and threats of the 3D NAND flash memory market.
- Covers details analysis of Porters 5 force model and other strategic models and also covers revenues, market share analysis, and competitive landscape analysis of major players of 3D NAND flash memory market.
- Detailed analysis of various the regulatory policies which affect the global 3D NAND flash memory market.
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At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global 3D NAND flash memory market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the 3D NAND flash memory market, with giving extensive SCOT analysis of key companies.
Key findings of the global 3D NAND flash memory market:
- The 3D NAND flash memory is expected to dominate the solid state drive flash memory industry due to the disadvantages of 2D or planar NAND flash memory.
- Asia Pacific accounted for the largest market revenue share in 2016 and is expected to continue its dominance during the forecasted period.
- The multilevel cell type of flash memory is the leading segment due to high storage capacity provided as compared to the other two types.
- Product and Service launch is the key strategy adopted by the companies in global 3D NAND flash memory market.