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According to a new report Europe 3D NAND Flash Memory Market, published by KBV Research, the Europe 3D NAND Flash Memory is expected to grow at a CAGR of 31.2% during the forecast period.
Growth in internet usage and other applications such as virtual reality, the need for faster, higher capacity, and more reliable storage technology has been vital. Therefore, the 3D NAND flash memory chips have been largely used in the consumer electronics segment. The participation of some of the major semiconductor market leaders such as Samsung, Intel, Toshiba, and SK Hynix among others have also significantly contributed to the continuous growth of the market, both in terms of technology development and revenue generation. The Cameras market dominated the UK 3D NAND Flash Memory Market by Product in 2015, and would continue to be a dominant market till 2022; thereby, achieving a market value of $675.2 million by 2022. The Smartphone & Tablets market is expected to witness a CAGR of 31.3% during (2016 - 2022).
The Germany market dominated the Europe 3D NAND Flash Memory in Enterprise Market by Country in 2015, and would continue to be a dominant market till 2022; thereby growing at a CAGR of 28.3 % during the forecast period. The UK market is expected to witness a CAGR of 27.5% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Europe 3D NAND Flash Memory have been discussed in the report along with the elaborated company profiles of Samsung Electronics Co. Ltd., Intel Corporation, Toshiba Corporation, Sony Corporation, Lenovo Group Ltd., Micron Technology, Inc., SanDisk Corp. and SK Hynix Inc.