TechNavio today published its report Global NOR Flash Market 2011“2014. The report aids decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Telecom team said, There is a growing demand for NOR Flash memory in many embedded applications. Unlike the varying wireless NOR sector for mobile handsets, the embedded NOR market is expected to grow significantly. The applications of NOR flash in the Embedded segment are hard disk drives and PCs, with both areas sharing a favorable market share. Other High-performing Embedded NOR segments, in the future, will be applied in optical disk drives, networking, and TVs. However, maximum growth is expected from the Tablets and Ebook Reader segment.
According to the report, major vendors of the Global NOR Flash market are developing high-density NOR flash memory devices for automotive applications. Need for memory for automotive products is growing as powertrain controls, infotainment systems, and driver safety equipment are included in a large number of automobile models. NOR flash memory devices are optimized for performance, high-reliability, and high-density support in automotive applications. With the most highly developed NOR flash technology in the device, the vendors of automotive electronics are provided with superior capacity storage solutions.
The report also discusses key challenges in this market including the possibility of NAND flash devices replacing NOR flash devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-nor-flash-market-2011-2014
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