The Europe Embedded Multimedia Card (eMMC) Market would witness market growth of 3.1% CAGR during the forecast period (2021-2027).
An embedded multimedia card (eMMC) is advanced and managed NAND flash memory. It is used for mobile applications and the mainly go-to memory solution for many consumer electronics such as smartphones, readers, GPS systems, tablets, and other mobile computing devices. Embedded multimedia card (eMMC) chip comprises a controller and NAND flash memory which is same as that found in SD Cards, USB drives, and solid-state drives (SSDs), and a controller that accomplishes wear levelling and error correction (ECC). For example, Samsung has provided eMMC memory that is very compact and usually smaller than a postage stamp that can be used for smaller and thinner devices. Numerous leading players are nowadays using Samsung’s eMMC memory as it allows smooth pathway and advanced mobile designs in a shorter period of time to market.
The adoption of flash memory in embedded applications is continuously increasing. Thus, it has boosted the growth of the embedded multimedia card (eMMC) market. Ultra-fast memory, cost-effectiveness, high speed, low power consumption, and other advanced features are further fueling the eMMC market. Moreover, the introduction of innovative products by prominent companies like Samsung and SanDisk Corporation with higher speed and density is becoming a growth catalyst. All these factors are expected to drive market growth. The latest version of eMMC is eMMC 5.1A that was introduced with advanced features including higher data transfer rates and improved data strobe & command queuing.
The European embedded multi-media cards market is an advanced market that is growing at a significant pace. The embedded multi-media cards (eMMCs) use NAND Flash that is affecting the pricing and supply of the devices that use this technology. The price of eMMC products including 32GB feature 2D NAND and 64L 3D NAND has already increased in the UK. The product categories of these devices are currently being reallocated to industries that will increase production and thus, help in meeting the increasing demand for eMMC in this region. eMMC is proven to be very beneficial for developers as it simplifies the interface design and qualification process. Therefore, it reduces the time of production and supports future Flash device offerings. This is the major driving factor for the embedded multi-media cards market in the forecast period. In addition to it, the increased demand for smartphones, laptops, and tablets in the UK has a direct impact on the demand for embedded multi-media cards in the region.
The Germany market dominated the Europe Embedded Multimedia Card (eMMC) 128GB-256GB Market by Country 2020, thereby, achieving a market value of $302.9 million by 2027. The UK market is exhibiting a CAGR of 2.6% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 4% during (2021 - 2027).
Based on Density, the market is segmented into 32GB–64GB, 128GB-256GB, 8GB–16GB and 2GB–4GB. Based on Application, the market is segmented into GPS System, Digital Cameras, Medical Devices, Smartphones and Others. Based on Industry Vertical, the market is segmented into Automotive, Aerospace & Defense, Industrial, Healthcare, Public, IT & Telecom, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Embedded Multimedia Card (eMMC) Market Size will Hit $11.8 Billion by 2027, at a CAGR of 3.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Toshiba Corporation, Western Digital Corporation, Kingston Technology Company, Inc., Greenliant Systems, Inc., Micron Technology, Inc., Phison Electronics Corporation, Silicon Motion Technology Corporation, SK Hynix, Inc., and Transcend Information, Inc.
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