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Lucintel Forecasts Universal Flash Storage Market To Grow At A Cagr Of 18.30% From 2019 To 2024

According to the recent study the Universal Flash Storage Market is projected to grow at a CAGR of 18.30% from 2019 to 2024. Growth in this market is primarily driven by growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, increasing demand for wearable electronics.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in universal flash storage market by capacity (32 GB, 64 GB, 128 GB, 256 GB, and 512 GB), application (boot storage, external card, mass storage, and xip flash), configuration (embedded and removable), end use industry (automotive electronics, digital cameras, gaming consoles, high resolution displays, laptops, smartphones, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/universal-flash-storage-market.aspx
“External cards market is expected to remain the largest segment during the forecast ...
... period.”
Based on application, the universal flash storage market is segmented into boot storage, external card, mass storage, and xip flash. Lucintel forecasts that the external cards market is expected to remain the largest segment as such cards enhance the performance and provide power-efficient data transport. Based on capacity, the 512 GB storage segment is expected to witness the highest growth over the forecast period.
“Within the universal flash storage market, the smartphones segment is expected to remain the largest end use industry.”
Based on end use industry the smartphones segment is expected to witness the highest growth over the forecast period due to increasing demand for premium phones and increasing demand for faster performance and high data storage features in smartphones.
“North America will dominate the universal flash storage market in near future.”
North America will remain the largest market over the forecast period due to the increasing demand for smartphones, wearable electronics, and AR-VR products.
Download Brochure of this report by clicking on https://www.lucintel.com/universal-flash-storage-market.aspx
Major players of universal flash storage market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Samsung, Toshiba, SK Hynix, Micron, Phison, Silicon Motion, Synopsys, Cadence, and Arasan are among the major universal flash storage providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/universal-flash-storage-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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