Global NAND Flash Memory Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global NAND Flash Memory Controller Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

NAND Flash controllers manage the data stored on NAND flash memory, and they communicate with the computer or device.

After a flash device is made, the controller formats the flash memory to ensure the device works properly. It maps flash cells and determines which spare cells will replace any failed ones. A portion of the spare cells also holds the firmware for the controller and storage device.

When a device needs to read or write to flash, it talks to the flash controller. Simple devices, such as SD cards and USB flash drives, only have a few flash memory dies connected at once, which limits the speed of the memory. High-performance, enterprise-grade SSDs can have hundreds of dies, which makes them much faster than consumer flash.

Consumer-grade SSDs are generally built with generic flash controllers that are inexpensive and not expected to support frequent program/erase (P/E) cycles. Enterprise-grade SSDs, which must support write-intensive applications, often have proprietary controllers that are specifically designed to extend the drive's endurance and improve performance. An enterprise flash controller can compensate for NAND-flash limitations through highly sophisticated wear-leveling techniques and advanced error-correction algorithms.

Market Overview:

The latest research study on the global NAND Flash Memory Controller market finds that the global NAND Flash Memory Controller market reached a value of USD 5146.05 million in 2022. It’s expected that the market will achieve USD 7283.25 million by 2028, exhibiting a CAGR of 5.96% during the forecast period.

Market Opportunities

5G is the latest cellular technology iteration. It promises colossal improvements in speed, bandwidth, latency and spectrum over 4G/LTE. As 5G brings new capabilities and possibilities, a mobile revolution looms in the Internet horizon, allowing faster and greater connectivity that will change the way people create and consume content. Such changes will also change the way data is stored, processed and accessed in the evolving world of the Internet of Things (IoT) as well as the Industrial IoT (IIoT), where machines, sensors and devices communicate constantly. According to a study by Statista, 75.44 billion devices will be connected by 2025. As devices connecting to 5G grow at exponential rates, these devices will generate massive amounts of data. Whether monitoring production on the factory floor, performing remote surgeries, navigating unfamiliar roads in an autonomous car, or getting updates on warehouse stocks, 5G will enable seamless, faster flows of information and speedy response times. 5G truly has the potential to unleash new possibilities in IoT/IIoT and empower artificial intelligence and machine learning. Data is at the heart of all these. And data in the 5G era will require expanded memory and storage capabilities. With 5G capable of supporting 1 million devices per square mile, there will be a huge demand for NAND flash storage in various form factors, interfaces and capacities, as well as performance and endurance ratings and other criteria, depending on use case, which will promote the NAND flash memory controller market.

Market Drivers

With the increasing number of IoT devices and applications, the data flow also increases. With the increasing number of IoT devices and applications, the data flow also increases. IDC forecasts that by 2025 the global datasphere will grow to 163 zettabytes (that is a trillion gigabytes). That's ten times the 16.1ZB of data generated in 2016.

The demand for processing, transmitting and storing these massive data is as challenging as expected. In particular, the performance of telecom networks, data centers and servers, which constitute the backbone of the Internet of Things, needs to be continuously improved, combining higher bandwidth, more storage capacity and higher energy efficiency. Moreover, both enterprises and ordinary people expect stable and uninterrupted connection, which is why all systems supporting the Internet of Things need to be very reliable.

Data centers and server farms have complex requirements: in addition to providing computing power and storage capacity required by the Internet of Things, they also need to provide maximum security for the data stored and processed in them.

Storage is a small but indispensable part of the large-scale system that constitutes the communication infrastructure; Failure of any of these subsystems may cause service failure. Non-volatile memory has become the default medium for code and data storage in the whole infrastructure, which means that service providers rely on suppliers that can provide long-term support for new and old interfaces. The Internet of Things is expected to become the main growth driver of semiconductors, as it supports new applications, services and business models. Due to market requirements and demand, the increase of data storage capacity will drive the development of NAND Flash Memory Controller market.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

Silicon Motion is one of the major players operating in the NAND Flash Memory Controller market, holding a share of 19.01% in 2022.Silicon Motion Technology Corporation (NasdaqGS: SIMO) is the global leader in developing NAND flash controllers for SSDs and other solid state storage devices. Silicon Motion Technology Corporation have over 20 years of experience developing specialized processor ICs that manage NAND components and deliver market leading, high-performance storage solutions widely used in data centers, PCs, smartphones and commercial and industrial applications.

Marvell

The Company is engaged in the design, development and sale of integrated circuits. Its product solutions serve five markets, such as data center, carrier infrastructure, enterprise networking, consumer, and automotive/industrial.

Segmentation Overview:

By type, SD and eMMC Controllers segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2017 to 2022.

Key Companies in the global NAND Flash Memory Controller market covered in Chapter 3:

YEESTOR
Greenliant
Silicon Motion
Maxio
GOKE
Marvell
JMicron
Realtek
Phison
Sage Microelectronics Corp
InnoGrit
Hyperstone

In Chapter 4 and Chapter 14.2, on the basis of types, the NAND Flash Memory Controller market from 2018 to 2029 is primarily split into:

SD and eMMC Controllers
USB Controllers
CF Controllers
SATA Controllers
PCIe Controllers
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the NAND Flash Memory Controller market from 2018 to 2029 covers:

Consumer Electronics
Internet of Things
Automotive
Industrial Automation
Communication Application
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)