TechNavio recognizes the following companies as the key players in Global Mobile NAND Flash Memory Market: Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix Inc., and Toshiba Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends that is expected to exert a positive influence on the Global Mobile NAND Flash Memory market is rapid technological advancement. The continuous technological advancements in the design and development of mobile NAND flash memory chips have increased their efficiency and expanded their application in a wide number of mobile devices. The rapid technological advancements taking place in the market have also led to the development of advanced and highly efficient NAND flash memory. Therefore, rapid technological advancements have increased the applications of NAND flash memory across the globe.”
According to the report, the growth of the Global Mobile NAND Flash Memory market is driven by several factors, of which the most important is the high demand for smartphones across the globe. Major smartphone vendors, such as Apple, Samsung, and Sony, are continuously increasing the adoption of NAND flash memory in their new series line-ups.
Further, the report states that one of the challenges is the high inventory levels in the supply chain. The large inventories piling up in the supply chain have resulted in the declining profitability of vendors. In addition, high marketing expenses to sell finished goods, increased expenditure on R&D, and inventory carrying costs are other factors leading to this declining profitability.
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 vendors. For further information on this report, please visit https://www.technavio.com/report/global-mobile-nand-flash-memory-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – Global Mobile NAND Flash Memory Market 2014-2018
