Global Nor Flash Market 2024-2028
The nor flash market is forecasted to grow by USD 1675.9 mn during 2023-2028, accelerating at a CAGR of 10.06% during the forecast period. The report on the nor flash market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for high-performance electronics, growing need for secure data storage, and expansion of 5g infrastructure globally.
Technavio's nor flash market is segmented as below:
- By Type
- Serial NOR flash
- Parallel NOR flash
- By End-user
- Consumer electronics
- Communication
- Automotive
- Industrial
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing focus of vendors on new product launches as one of the prime reasons driving the nor flash market growth during the next few years. Also, rising number of strategic alliances and growing miniaturization of nor flash will lead to sizable demand in the market.
The report on the nor flash market covers the following areas:
- Nor flash market sizing
- Nor flash market forecast
- Nor flash market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nor flash market vendors that include Amkor Technology Inc., Broadcom Inc., Elite Semiconductor Microelectronics Technology Inc., Fujitsu Ltd., Giantec Semiconductor Corp., GigaDevice Semiconductor Inc, Infineon Technologies AG, Integrated Silicon Solution Inc., Intel Corp., LAPIS Semiconductor Co. Ltd., Macronix International Co. Ltd., Micron Technology Inc., Nordic Semiconductor ASA, Rochester Electronics LLC, Samsung Electronics Co. Ltd., Seagate Technology LLC, Semiconductor Manufacturing International Corp., Texas Instruments Inc., Toshiba Corp., Winbond Electronics Corp., Wuhan Xinxin Semiconductor Manufacturing Co., Ltd., and XTX Technology Inc.. Also, the nor flash market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.