3D NAND Memory Market Share, In-Depth Analysis Demands, Growth and Forecast 2020-2030
Market Synopsis As per the analysis by Market Research Future Reports (MRFR), the global 3D NAND memory market was initially valued at USD 10.56 billion in 2018 and is estimated to attain USD 62 billion by the end of the review period with a CAGR of 30%. The demand for data storage in consumer electronics and enterprise storage sectors has resulted in the expansion of the global 3D NAND memory market 2020. Moreover, demand for making chips smaller in size and semiconductor wafer has also motivated the producing expense incurred in the design and advancement of 3D NAND memory may act as an obstruction in the growth of the global 3D NAND market. Additionally, the producers of 3D NAND memory chips may face some hurdles in the forthcoming period due to the development in technologies such as 3D XPoint (used in today’s era), solid-state storage (SSS), resistive random access memory (RRAM), and phase-change memory (PCM). The organizations functioning in the 3D NAND memory market pays a...