Global NOR Flash Market Growth 2025-2031

The global NOR Flash market size is predicted to grow from US$ 3248 million in 2025 to US$ 3309 million in 2031; it is expected to grow at a CAGR of 0.3% from 2025 to 2031.

NOR flash memory is a non-volatile storage technology. Its main differentiating factor over NOR Flash memory is that it can perform without the need for any external power source. Machine instructions can be run directly from the chip and also retrieved using NOR flash memory. It contains several address pins that provide access to every byte of information available in the chip. NOR flash memory is not only faster but also more expensive compared to NOR Flash. NOR flash memory is most often deployed in cellphones.

This report mainly covers the NOR Flash product type, while we can also offer any product survey report related to the NOR Flash industry chain.

The global NOR Flash industry mainly concentrates in China, Japan and Europe. The global leading players in this market are Cypress, Samsung, Winbond, Micron, Macronix, ISSI, Eon, Microchip and GigaDevice, etc, with about 90% market shares.

China"s sales accounted for the highest market share (29%) , followed by Japan.

LP Information, Inc. (LPI) ' newest research report, the “NOR Flash Industry Forecast” looks at past sales and reviews total world NOR Flash sales in 2024, providing a comprehensive analysis by region and market sector of projected NOR Flash sales for 2025 through 2031. With NOR Flash sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NOR Flash industry.

This Insight Report provides a comprehensive analysis of the global NOR Flash landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NOR Flash portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NOR Flash market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NOR Flash and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NOR Flash.

This report presents a comprehensive overview, market shares, and growth opportunities of NOR Flash market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Serial NOR Flash
Parallel NOR Flash

Segmentation by Application:
Telecommunication
Networking
Industrial
Automotive
Smart Grid Space

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cypress
Samsung
Winbond
Micron
Macronix
ISSI
Eon
Microchip
GigaDevice

Key Questions Addressed in this Report

What is the 10-year outlook for the global NOR Flash market?

What factors are driving NOR Flash market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NOR Flash market opportunities vary by end market size?

How does NOR Flash break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.