North America Embedded Multimedia Card (eMMC) Market By Density (32GB-64GB, 128GB-256GB, 8GB-16GB and 2GB-4GB), By Application (GPS System, Digital Cameras, Medical Devices, Smartphones and Others), By Industry Vertical (Automotive, Aerospace & Defense, Industrial, Healthcare, Public, IT & Telecom, and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Embedded Multimedia Card (eMMC) Market would witness market growth of 3.3% CAGR during the forecast period (2021-2027).
An eMMC is one of the primary storages for portable devices such as smartphones or tablets. This can enhance the storage with a removable microSD multimedia card and Secure Digital card. It is the single storage for small sensors that are connected to IoT. The mainboard of the device is connected parallelly. The latest eMMC specification (version 5.1) permits a data transfer rate of up to 400 megabytes per second (MBps) that can be compared with a solid-state drive using a SATA connection.
The major factors that drive the embedded multimedia card (eMMC) market growth are increasing use of embedded multimedia cards (eMMCs) in the automotive industry, demand for the embedded multimedia card (eMMC) in electronic devices is also boosting, and integrated memory use is high in mobile computing devices. The eMMCs are widely used in GPS systems, vehicle cameras, and ADAS applications in the automotive industry that are boosting the market for the embedded multimedia card (eMMC). The demand for high-density and non-volatile memories having a small footprint has increased sharply. Furthermore, the augmented consumer demand for high-tech features in automobiles like infotainment systems is also a driving factor that increased the demand for the embedded multimedia card (eMMC) market. Though, the continuous advancement in technology and development of new storage devices are among the factors that are likely to restrain the market.
There is the highest rate of adoption of advanced technologies like AI, cloud, machine learning, and others in North America. eMMC applications include portable mobility devices, low-end tablets, home appliances, Smart TVs, networking or switching boxes, set-top boxes, and more. NAND Flash memory is in high demand across commodities as manufacturers like Samsung, YMTC, SK Hynix and Intel rush to expand production capacity. Kingston eMMC is an embedded, non-volatile memory system, comprised of both Flash memory and a Flash memory controller, which facilitates the application interface design and frees the host processor from low-level Flash memory management. eMMC is a popular storage component for many consumer electronic devices, including smartphones, tablets, and Mobile Internet Devices. It is increasingly adopted in many industrial and embedded applications.
The US market dominated the North America Aerospace & Defense Embedded Multimedia Card (eMMC) Market by Country 2020, thereby, achieving a market value of $631.3 million by 2027. The Canada market is experiencing a CAGR of 5.3% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 4.4% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Scope of the Study
Market Segments Covered in the Report:
- GPS System
- Digital Cameras
- Medical Devices
By Industry Vertical
- Aerospace & Defense
- IT & Telecom
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Transcend Information, Inc.
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