Universal Flash Storage Market by Capacity (32, 64, 128, 256 & 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application & Geography - Global Forecast to 2023

  • ID: 4410336
  • Report
  • Region: Global
  • 133 Pages
  • Markets and Markets
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The Universal Flash Storage Market is Estimated to Grow from USD 3.59 Billion in 2017 And is Estimated to Reach USD 9.97 Billion By 2023, at a CAGR of 18.6% During 2017-2023.

FEATURED COMPANIES

  • Arasan
  • Cadence
  • Micron
  • Samsung
  • Sk Hynix
  • Toshiba
  • MORE

“Universal flash storage market to exhibit robust growth between 2017 and 2023”

This growth can be attributed to the growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, and increasing demand for wearable electronics.

“External card is expected to lead the universal flash storage market during the forecast period”

External cards are expected to lead the universal flash storage market in 2017. Universal flash storage external cards support achieving power-efficient data transport, enhanced performance, and doubling throughput via command queuing. Key players are focusing on developing innovative memory solutions to cater to their growing requirements of consumers such as high-resolution movie playback, high-resolution 3D gaming, and high-end DSLR camera for enhancing their multimedia experience. For instance, Samsung Electronics Co., Ltd., in July 2016, launched the removable memory card line-up, with a capacity up to 256 GB. These removable memory cards are based on the JEDEC universal flash storage 1.0 card extension standard. These cards are meant for high-resolution mobile shooting devices such as 3D VR cameras, DSLR cameras, drones, and action cams.

“Removable configuration is projected to witness the fastest growth in the near future”

The universal flash storage market for the removable configuration is estimated to witness the fastest growth in the coming years. Owing to the faster performance and improved responsiveness of the consumer electronic devices, universal flash storage cards are anticipated to gain popularity in the near future. Removable universal flash storage cards support multiple commands and enable simultaneous reading and writing, doubling throughput. Due to this, most power-efficient data transport and highest performance in the consumer electronic devices is achieved.

“Asia Pacific to be the fastest-growing universal flash storage market in the coming years”

Asia Pacific is expected to be the fastest-growing region in the universal flash storage market during the forecast period. The digital era has spurred various technological innovations in this region. In addition, this region is witnessing steady growth in the technology spending. Leading enterprises such as CIOs and CTOs are having a positive outlook of the market. Shifting consumer preferences for high-quality video recording, increasing proliferation of 4K technology, and rising preference for energy efficient devices are expected to boost the universal flash storage market growth.

Breakdown of the profiles of the primary participants in the report has been given below:

  • By Company Type: Tier 1 - 37%, Tier 2 - 33%, and Tier 3 - 30%
  • By Designation: C-Level Executives - 71% and Directors - 29%
  • By Region: North America - 32%, Europe - 28%, APAC - 26%, and RoW - 14%

Key players operating in the universal flash storage market include Arasan Chip Systems Inc. (US), Cadence Design Systems, Inc. (US), GDA Technologies Inc. (US), Micron Technology, Inc. (US), Phison Electronics Corporation, Inc. (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Silicon Motion Technology Corporation (US), SK Hynix, Inc. (South Korea), Synopsys, Inc. (US), and Toshiba Corporation (Japan).

Research Coverage:

The universal flash storage market research report covers different segments-application, capacity, configuration, end use, and geography. The report covers four major geographies -North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:

  • Illustrative segmentation; analysis; and forecast of the market by application, capacity, configuration, end use, and geography give an overall view of the universal flash storage market
  • Value chain analysis to provide in-depth insights into the universal flash storage market
  • Major drivers, restraints, opportunities, and challenges for the universal flash storage market
  • Detailed competitive landscape, along with the key players, in-depth analysis, and revenue of the key players
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FEATURED COMPANIES

  • Arasan
  • Cadence
  • Micron
  • Samsung
  • Sk Hynix
  • Toshiba
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primary Interviews
2.1.2.3 Key Data Points from Primary Sources
2.1.2.4 Key Industry Insights
2.1.3 Secondary And Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Universal Flash Storage Market
4.2 Universal Flash Storage Market, By Configuration
4.3 Universal Flash Storage Market, By Application
4.4 Universal Flash Storage Market, By Capacity
4.5 Universal Flash Storage Market, By End Use
4.6 Universal Flash Storage Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Electronic Devices With Faster Performance And Improved Responsiveness
5.2.1.2 Rising Adoption of High-Speed Data Transfer Technologies
5.2.1.3 Increasing Demand for Wearable Electronics
5.2.2 Restraints
5.2.2.1 High Cost Associated With the Adoption of Universal Flash Storage (Ufs)
5.2.3 Opportunities
5.2.3.1 Adoption of Iot
5.2.4 Challenges
5.2.4.1 Complexities Associated With the Ufs Architecture
5.3 Value Chain Analysis

6 Universal Flash Storage Market, By Configuration
6.1 Introduction
6.2 Embedded
6.3 Removable

7 Universal Flash Storage Market, By Capacity
7.1 Introduction
7.2 32 Gb
7.3 64 Gb
7.4 128 Gb
7.5 256 Gb
7.6 512 Gb

8 Universal Flash Storage Market, By Application
8.1 Introduction
8.2 Boot Storage
8.3 External Card
8.4 Mass Storage
8.5 Xip Flash

9 Universal Flash Storage Market, By End Use
9.1 Introduction
9.2 Automotive Electronics
9.3 Digital Cameras
9.4 Gaming Consoles
9.5 High-Resolution Displays
9.6 Laptops
9.7 Smartphones
9.8 Others (E-Readers, Gps, Tablets)

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 Us
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 Uk
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of Apac
10.5 Row
10.5.1 Middle East
10.5.2 South America
10.5.3 Africa

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis, 2017
11.3 Competitive Situation And Trends
11.3.1 Battle for Market Share: Product Launches is the Key Strategy
11.3.2 Product Launches
11.3.3 Partnerships/Agreements/Strategic Alliances/Collaborations
 
12 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, Mnm View)*
12.1 Samsung
12.2 Toshiba
12.3 Sk Hynix
12.4 Micron
12.5 Phison
12.6 Silicon Motion
12.7 Synopsys
12.8 Cadence
12.9 Gda Ip Technologies
12.10 Arasan
12.11 Key Innovators
12.11.1 Tuxera
12.11.2 Avery
*Details On Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, Mnm View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Introducing Rt: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 List of Major Secondary Sources
Table 2 Universal Flash Storage Market in Terms of Value And Volume, 2015-2023
Table 3 Universal Flash Storage Market, By Configuration, 2015-2023 (USD Million)
Table 4 Universal Flash Storage Market for Embedded Memory Solutions, By Region, 2015-2023 (USD Million)
Table 5 Universal Flash Storage Market for Removable Memory Solutions, By Region, 2015-2023 (USD Million)
Table 6 Universal Flash Storage Market, By Capacity, 2015-2023 (USD Million)
Table 7 Universal Flash Storage Market, By Capacity, 2015-2023 (Million Units)
Table 8 Universal Flash Storage Market, By Application, 2015-2023 (USD Million)
Table 9 Universal Flash Storage Market, By End Use, 2015-2023 (USD Million)
Table 10 Universal Flash Storage Market for Automotive Electronics, By Region, 2015-2023 (USD Million)
Table 11 Universal Flash Storage Market for Digital Cameras, By Region, 2015-2023 (USD Million)
Table 12 Universal Flash Storage Market for Gaming Consoles, By Region, 2015-2023 (USD Million)
Table 13 Universal Flash Storage Market for High-Resolution Displays, By Region, 2015-2023 (USD Million)
Table 14 Universal Flash Storage Market for Laptops, By Region, 2015-2023 (USD Million)
Table 15 Universal Flash Storage Market for Smartphones, By Region, 2015-2023 (USD Million)
Table 16 Universal Flash Storage Market for Others, By Region, 2015-2023 (USD Million)
Table 17 Universal Flash Storage Market, By Region, 2015-2023 (USD Billion)
Table 18 Universal Flash Storage Market in North America, By End Use, 2015-2023 (USD Million)
Table 19 North America Universal Flash Storage Market, By Application, 2015-2023 (USD Million)
Table 20 Universal Flash Storage Market in North America, By Configuration, 2015-2023 (USD Million)
Table 21 Universal Flash Storage Market in North America, By Country, 2015-2023 (USD Million)
Table 22 Universal Flash Storage Market in Europe, By End Use, 2015-2023 (USD Million)
Table 23 Universal Flash Storage Market in Europe, By Application, 2015-2023 (USD Million)
Table 24 Universal Flash Storage Market in Europe, By Configuration, 2015-2023 (USD Million)
Table 25 Universal Flash Storage Market in Europe, By Country, 2015-2023 (USD Million)
Table 26 Universal Flash Storage Market in Apac, By End Use, 2015-2023 (USD Million)
Table 27 Universal Flash Storage Market in Apac, By Application, 2015-2023 (USD Million)
Table 28 Universal Flash Storage Market in Apac, By Configuration, 2015-2023 (USD Million)
Table 29 Universal Flash Storage Market in Apac, By Country, 2015-2023 (USD Million)
Table 30 Universal Flash Storage Market in Row, By End Use, 2015-2023 (USD Million)
Table 31 Universal Flash Storage Market in Row, By Application, 2015-2023 (USD Million)
Table 32 Universal Flash Storage Market in Row, By Configuration, 2015-2023 (USD Million)
Table 33 Universal Flash Storage Market in Row, By Region, 2015-2023 (USD Million)
Table 34 Ranking of Key Players in the Universal Flash Storage Market, 2016
Table 35 Most Significant Product Launches in the Universal Flash Storage Market
Table 36 Most Significant Collaborations, Partnerships, And Joint Ventures in the Universal Flash Storage Market

List of Figures:
Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Bottom-Up Approach to Arrive at the Market Size
Figure 4 Top-Down Approach to Arrive at the Market Size
Figure 5 Data Triangulation Methodology
Figure 6 Universal Flash Storage Market (2017-2023)
Figure 7 Universal Flash Storage Market Snapshot, By Application
Figure 8 Universal Flash Storage Market Snapshot, By Capacity
Figure 9 Universal Flash Storage Market Snapshot, By Configuration
Figure 10 Universal Flash Storage Market Snapshot, By End Use
Figure 11 Universal Flash Storage Market, By Region, 2016
Figure 12 Attractive Growth Opportunities in the Universal Flash Storage Market
Figure 13 Embedded Ufs Solutions to Hold a Larger Share of the Universal Flash Storage Market in 2017
Figure 14 Market for Mass Storage Devices to Grow at the Highest CAGR During the Forecast Period
Figure 15 Ufs Cards With a Capacity of 256 Gb to Hold the Largest Market Size Between 2017 And 2023
Figure 16 Smartphones Expected to Hold the Largest Share of the Universal Flash Storage Market in 2017
Figure 17 Us to Hold the Largest Share of the Universal Flash Storage Market in 2017
Figure 18 Growing Demand for Electronic Devices With Faster Performanceand Improved Responsiveness to Drive the Universal Flash Storage Market Growth
Figure 19 Value Chain Analysis of the Universal Flash Storage Market
Figure 20 Universal Flash Storage Market Segmentation, By Configuration
Figure 21 Universal Flash Storage Market for Removable Memory Solutions to Grow at a Higher CAGR Between 2017 And 2023
Figure 22 Universal Flash Storage Market Segmentation, By Capacity
Figure 23 Market for Universal Flash Storage Cards With 512 Gb & Greater Capacity to Grow at the Highest CAGR Between 2017 And 2023
Figure 24 Ufs Market Segmentation Based On Application, Along With Market Share of Each Segment, 2017
Figure 25 Ufs Market for Mass Storage Application to Exhibit the Highest CAGR Between 2017 And 2023
Figure 26 Universal Flash Storage Market Segmentation, By End Use
Figure 27 Universal Flash Storage Market for Automotive Electronics to Grow at the Highest CAGR of Between 2017 And 2023
Figure 28 Geographic Snapshot: Global Universal Flash Storage Market, 2017-2023
Figure 29 Universal Flash Storage Market in Apac to Exhibit the Highest CAGR During 2017-2023
Figure 30 Universal Flash Storage Market Snapshot in North America
Figure 31 Us to Dominate the Universal Flash Storage Market in North America
Figure 32 Universal Flash Storage Market Snapshot in Europe
Figure 33 Germany to Lead the European Universal Flash Storage Market, in Terms of Size, During the Forecast Period
Figure 34 Universal Flash Storage Market Snapshot in Asia Pacific
Figure 35 Universal Flash Storage Market in China to Grow at the Highest CAGR During 2017-2023
Figure 36 South America to Exhibit the Fastest Growth in the Universal Flash Storage Market in Row During 2017-2023
Figure 37 Product Launches is the Key Growth Strategy Between January 2015 And May 2017
Figure 38 Market Evolution Framework: Product Launches is Fuelling the Growth of the Universal Flash Storage Market
Figure 39 Samsung: Company Snapshot
Figure 40 Toshiba: Company Snapshot
Figure 41 Sk Hynix: Company Snapshot
Figure 42 Micron: Company Snapshot
Figure 43 Phison: Company Snapshot
Figure 44 Silicon Motion: Company Snapshot
Figure 45 Synopsys: Company Snapshot
Figure 46 Cadence: Company Snapshot

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FEATURED COMPANIES

  • Arasan
  • Cadence
  • Micron
  • Samsung
  • Sk Hynix
  • Toshiba
  • MORE

The universal flash storage market is estimated at USD 3.59 Billion in 2017 and is estimated to grow at a CAGR of 18.6% to reach USD 9.97 Billion by 2023. This growth is attributed to the increasing demand for electronic devices with faster performance and improved responsiveness, growing demand for wearable electronics, and rising adoption of high-speed data transfer technologies. Leading enterprises such as CIOs and CTOs are having a positive outlook of the market.

External cards are expected to lead the universal flash storage market based on application in 2017. Universal flash storage external cards aid in achieving power-efficient data transport, enhanced performance, and doubling throughput via command queuing. Key players are focusing on developing innovative memory solutions to cater to the growing requirements of consumers, such as high-resolution movie playback, high-resolution 3D gaming, and high-end DSLR camera for enhanced multimedia experience. For instance, Samsung Electronics Co., Ltd., in July 2016, launched the removable memory card line-up, with a capacity up to 256 GB. These removable memory cards are based on the JEDEC universal flash storage 1.0 card extension standard. These cards are meant for high-resolution mobile shooting devices, such as 3D VR cameras, DSLR cameras, drones, and action cams.

Based on capacity, the 512 GB segment is anticipated to register the highest CAGR between 2017 and 2023. Implementation of high-capacity universal flash storage solutions, such as 512 GB, is likely to transform the memory arena in the near future. Universal flash storage solutions with higher capacity, such as 512 GBI and greater than 256 GB, are anticipated to be implemented in the embedded applications. This is due to their extremely phenomenal performance, along with ultra-high data transfer rates. The ultra-high random read/write performance of up to 50,000/40,000 IOPS can be achieved with 512 GB universal flash storage solutions.

The market for removable universal flash storage cards is estimated to witness the fastest growth in the coming years. Owing to the faster performance and improved responsiveness of the consumer electronic devices, universal flash storage cards are anticipated to gain popularity in the near future. Removable universal flash storage cards support multiple commands and enable simultaneous reading and writing, doubling throughput. Due to this, most power-efficient data transport and highest performance in the consumer electronic devices is achieved.

Based on end use, the universal flash storage market is dominated by smartphones. The rise in spending by the buyers for having a better phone with enhanced battery savings, faster performance and improved responsiveness, the demand for high-end smartphones is increasing. This is likely to boost the universal flash storage adoption in the smartphones during the forecast period.

North America is estimated to hold the largest share of the universal flash storage market in 2017, followed by Europe and Asia Pacific. This is accounted due to the rapid adoption of advanced technology products, such as e-readers, drones, smartphones, tablets, wearable electronics, and AR-VR products, by the consumers.

Major players operating in the universal flash storage market include Arasan Chip Systems Inc. (US), Cadence Design Systems, Inc. (US), GDA Technologies Inc. (US), Micron Technology, Inc. (US), Phison Electronics Corporation, Inc. (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Silicon Motion Technology Corporation (US), SK Hynix, Inc. (South Korea), Synopsys, Inc. (US), and Toshiba Corporation (Japan). The key market players focus on product launches and developments, partnerships, collaborations, and joint ventures to enhance their product offerings and expand their businesses.

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  • Arasan
  • Avery
  • Cadence
  • GDA IP Technologies
  • Micron
  • Phison
  • Samsung
  • Silicon Motion
  • Sk Hynix
  • Synopsys
  • Toshiba
  • Tuxera
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