NOR Flash Market Outlook, Top Manufacturer Analysis and Competitive Insights 2017-2022 “NOR flash memory is a non-volatile storage technology. Machine instructions can run directly from the chips and can be retrieved using this memory. The technological advancements and smartphone proliferation coupled with growing popularity of smart devices fuel the market growth.�
Global NOR flash market is expected to witness a significant growth over the forecast period owing to increasing usage of consumer electronics. The technological advancements and smartphone proliferation coupled with growing popularity of smart devices fuel the market growth. Furthermore, rapidly emerging solid state drives (SSD) and rising mobile computing market is also expected to propel the growth of global NOR flash market. NOR flash memory is a non-volatile storage technology. Machine instructions can run directly from the chips and can be retrieved using this memory. It consists of numerous address pins that offers access to every byte of information accessible in the chip. NOR flash memory is faster than NAND flash but is more expensive. Also unlike NAND flash, NOR flash memory can perform, without the need for any external power source. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/nor-flash-market The growing demand for the embedded NOR applications and reading efficiency of NOR flash is also presumed to drive the market growth. However, the transition from NOR to NAND flash could be the major challenge in this industry due to the decrease in average selling price of NAND Flash and also due to other advantages of NAND such as small size.