The global mobile NAND flash market to grow at a CAGR of 8.2% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global mobile NAND flash market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of NAND flash chips to consumer electronics manufacturers. The report also includes a discussion of the key vendors operating in this market.
According to the report, shorter replacement cycle time of mobile devices will be a key driver for market growth. With technological advances and the increase in disposable income, the consumer buying pattern is changing. Electronic devices, such as phones and tablets, become obsolete after a short period of time (typically within one to one-and-half years) and are replaced by models that are of a higher version or with better technology, thereby resulting in shorter product replacement cycles.
In 2015, almost 70% of Apple iPhone sales came from replacement sales compared to 30% of sales by new users. The replacement sales are expected to rise to 80% of the overall sales in the future. This will support the increasing demand for semiconductor ICs, indirectly triggering the need for mobile device components and mobile NAND flash memory.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Micron Technology
- Samsung Electronics
- SK Hynix
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Technology landscape
Part 06: Market landscape
Part 07: Market segmentation by application
Part 08: Market segmentation by technology
Part 09: Market segmentation by type
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/swkpqz/global_mobile
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-mobile-nand-flash-market-2016-2020---emergence-of-apples-free-icloud-service-presents-major-market-challenge---research-and-markets-300350738.html
SOURCE Research and Markets