MLC NAND Memory Market

MLC NAND Memory Market Outlook – 2027

MLC NAND is the permanent storage technology that can retain data without using power. It has four states per cell which helps them store two bits of information per cell. As it can be erased, programmed and reprogrammed in large blocks, it is a form of EEPROM. At circuit level, it is similar to NAND logic function and so it is called NAND memory. 

Thus, they find their applications in the devices which require high density storage such as laptops & desktop PC’s, Smartphones, tablets, audio player, digital camera and others in industries such as enterprise and clients. Innovations in the semiconductor industry will pave the way for better and improved MLC NAND Memories. The global MLC NAND Memory market is experiencing a significant growth, and will grow considerably in next few years.

The global MLC NAND memory market is segmented on the basis of type, product type, structure, application, end user and region. Based on type, the market is divided into SLC, MLC, and TLC. In terms of product type, the market is categorized into SSD, flash drive, and SD card. On the basis of structure, the market is divided into 2D and 3D. 

On the basis of application the market is divided laptops & desktop PC’s, smartphones, tablets, audio player, digital camera, and others. In terms of end user, the MLC NAND memory market is segregated into enterprise, clients, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global MLC NAND memory industry include Micron Technology, Intel Corporation, Samsung Electronics Co. Ltd, SK Hynix Inc., KIOXIA Corporation, Western Digital and others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global MLC NAND memory market.

COVID-19 Scenario Analysis: 

• Global MLC NAND memory market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for analog semiconductors. 
• Global factories have struggled to integrate new MLC NAND memory as workers have stayed in their homes, which disrupted the global supply chains. 
• The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for MLC NAND memory are gradually going to increase.  
• This COVID-19 lockdown would help companies think about more advanced MLC NAND memory to enhance efficiency.

Top Impacting Factors

The major drivers for the MLC NAND Memory market growth are the increasing usage of smartphones, PC’s and tablets. These are expected to drive the market further as well due to the importance of storage capacity and memory packaging in these devices. Also, the other devices such as cameras, industrial wearables, automation systems, medical devices and others will enhance the market growth. As the demand for machine learning applications and the data processing for AI grows, the trend for this market will continue to evolve.

New Product Launches to Flourish the MLC NAND Memory Market

There are several new products launched by key market players in market. Recently, samples of the solution products based on 128-layer 4D MLC NAND were delivered by SK Hynix in 2019. This helped them strengthen their competitiveness in the memory business. Due to this, 1 tera byte could be manufactured with a package thickness of 1 mm when compared with 512 GB MLC NAND. 

Thus, the number of chips on the product halved, which is appropriate for ultra-thin 5G smartphones. New smartphones equipped with this product are expected to cater future market. Thus, this product flourished the market as it was able to provide higher density storage and memory packaging in minimum space.

Surge in Usage in Agricultural and Electronic Industry

Increasing usage of IOT in agricultural activities has led to the increase in the requirement for better computing systems. This has led to the requirement of permanent storage device which indeed has boosted demand for the MLC NAND Memory in this industry.

Moreover, as it exceeds the DRAM performance, it, usage has increased in electronic industry. Also, it consumes less power and decoding is easier in these MLC NAND Memories. This has led to its increase in usage in agricultural and electronic industry.
Key Benefits of the Report

• This study presents the analytical depiction of the global MLC NAND memory industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global MLC NAND memory market share.
• The current market is quantitatively analyzed to highlight the global MLC NAND memory market forecast scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed global MLC NAND memory market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the MLC NAND Memory Market Research Report

• Which are the leading market players active in the MLC NAND memory market size?
• What would be the detailed impact of COVID-19 on the market?
• What current trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the MLC NAND memory market trends?
• What are the projections for the future that would help in taking further strategic steps?

 MLC NAND Memory Market Report Highlights