NAND Flash market to triple until 2009 - report
Market research firm In-Stat expects the NAND Flash market volume to more than triple from $5 billion in 2004 to $18 billion in 2009.
The vast majority of NAND chips are used today in memory cards or USB memory where most end customers are interested in two things - storage capacity and price, the high-tech research firm says. According to In-Stat, the heavy reliance on the add-on card market makes NAND Flash a consumer-driven product with price sensitivity.
"Understanding the NAND Flash marketing is all about maintaining a good grasp of the Flash card market and the applications driving its demand," said Frank Dickson, a senior director with In-Stat.
In-Stat believes digital cameras, USB memory, the growing digital music player market, as well as the promise of a large mobile phone market will continue to dominate the non-Flash card based demand, with USB memory being the largest of the group with revenues of a little over $2 billion in 2005. (THG)
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.