3D NAND Flash Memory Market to Reach $78.4 Bn, Globally, by 2030 at 20.3% CAGR: Allied Market Research
PORTLAND, Ore., March 21, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "3D NAND Flash Memory Market by Type (Single-Level Cell, Multi-Level Cell, and Triple-Level Cell), Application (Camera, Laptops & PCs, Smartphones & Tablets, and Others), and End User (Automotive, Consumer Electronics, Enterprise, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". According to the report, the global 3D NAND flash memory industry generated $12.38 billion in 2020, and is anticipated to generate $78.42 billion by 2030, witnessing a CAGR of 20.3% from 2021 to 2030.
- Surge in space constraints on the semiconductor wafer, high performance & low latency of 3D NAND flash memory, and increase in demand for data centers drive the growth of the global 3D NAND flash memory market.
- According to the report, the global 3D NAND flash memory industry generated $12.38 billion in 2020, and is anticipated to generate $78.42 billion by 2030, witnessing a CAGR of 20.3% from 2021 to 2030.
- Surge in space constraints on the semiconductor wafer, high performance & low latency of 3D NAND flash memory, and increase in demand for data centers drive the growth of the global 3D NAND flash memory market.
- The outbreak of the COVID-19 pandemic has had a negative impact on the growth of the global 3D NAND flash memory market, especially in the initial phase.