SPI NAND Flash Market Will Reflect Significant Growth in Future 2031

SPI NAND Flash: Introduction

  • SPI (Serial Peripheral Interface) NAND Flash provides a cost-effective, high density, and non-volatile memory storage solution for embedded systems, based on an industry-standard NAND Flash memory core
  • SPI NAND Flash offers high-capacity storage and performance that are useful for multimedia data storage applications on mobile devices, set-top boxes, data cards, and TVs
  • It needs a controller to manage functions such as detection and correction of errors in some memory locations, management of memory blocks with errors, and relocating locations with errors to new locations that are error-free. Consequently, built-in ECC (Error Correcting Code) has been designed that detects and corrects errors and provides good memory.
  • SPI NAND Flash offers higher capacity storage solutions as compared to that offered by NOR flash memories. Serial NAND capacities are 1, 2, and 4 Gbit devices provided by vendors.

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Increased Demand for SPI NAND Flash

  • Flat screens TVs, printers, wearable devices, robots, and all embedded applications require large densities of SPI NAND flash
  • Low-density NAND flash is utilized in applications in automotive, surveillance, machine-to-machine (M2M), IPC, automation, printers, and home networking sectors, while high-density NAND flash is extensively utilized in data-heavy applications such as tablets and USB drives
  • SPI NAND flash memory is beneficial for use in computers, PDAs, digital audio players, digital cameras, mobile phones, synthesizers, video games, scientific instrumentation, industrial robotics, and electronics, which in turn fuels the demand for SPI NAND flash
  • Numerous vendors of SPI NAND flash memory are seeking opportunity from embedded applications in new sectors such as automotive, industrial, medical, and Internet of Things (IoT). A large number of connected edge devices are used in each of these new sectors, which in turn is estimated to help improve crucial infrastructure in society.

Asia Pacific to Lead Global SPI NAND Flash Market

  • Asia Pacific is leading the SPI NAND flash market due to a rise in the demand for consumer electronics and communication devices. Moreover, rising penetration of electronics in automotive sector and automation of industrial applications is estimated to further boost the market during the forecast period.
  • Asia Pacific holds a notable share of the global SPI NAND flash market. The region witnesses a significantly high demand from almost all the end-user applications, primarily for smartphones in numerous developing countries in the region, such as China, India, and Indonesia
  • High activity is witnessed in semiconductor fabrication facilities in countries such as China, Korea, and Singapore. Furthermore, various competitors in the region are intensifying their efforts for expansion of embedded applications, which further boosts the global SPI NAND flash market.

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Key Players Operating in Global SPI NAND Flash Market

  • Toshiba Corp.
  • ATO Solution
  • GigaDevice
  • Winbond Electronics Corporation
  • Spansion, Inc.
  • Micron Technology, Inc.

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