DUBLIN, August 05, 2021--(BUSINESS WIRE)--The "Embedded Multimedia Card Market by Density, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global embedded multimedia card (eMMC) market size is expected to reach $11.53 billion by 2028 from $9.30 billion in 2019, growing at a CAGR of 3.30% from 2021 to 2028.
An embedded multimedia card (eMMC) is a small storage device that is made up of NAND flash memory and a simple storage controller. The eMMC technology is intended for use in portable devices such as smartphones, tablets, laptops, portable computers, and others devices. Both the flash memory and controller are contained on a single integrated circuit (IC), which is embedded permanently into a device.
In addition, eMMC technology acts as the primary storage for portable devices, which can augment that storage with a removable secure digital card or micro SD multimedia card. Also, an embedded multimedia card (eMMC) is a type of flash memory card that contains the flash memory and flash memory controller on a single die.
The prominent factors that drive the growth of the embedded multimedia card (eMMC) market include increasing adoption of embedded multimedia cards (eMMCs) in automotive industry, rise in demand for embedded multimedia card (eMMC) in electronic devices, and high demand for integrated memory in mobile computing devices. However, continuous development in technology and evolution of new storage devices restricts the market growth. Conversely, the surge in development of chromebooks is expected to offers growth opportunities for embedded multimedia card (eMMC) industry.
The global embedded multimedia card (eMMC) market is segmented into density, application, end user, and region. On the basis of density, the market is classified into 2GB-4GB, 8GB-16GB, 32GB-64GB, and 128GB-256GB. The applications covered in the market include smartphones, digital cameras, GPS systems, medical devices, and others. Depending on end use, the market is fragmented into automotive, aerospace & defense, industrial, healthcare, public, IT & telecom, and other sectors.
Region wise, the embedded multimedia card (eMMC) market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific accounted for the highest share, owing to expansion of the electronics market and rise in sales of smart devices.
Increasing adoption of embedded multimedia cards (eMMCs) in automotive industry
Increasing in demand for embedded multimedia card (eMMC) in electronic devices
High demand for integrated memory in mobile computing devices
Continuous development in technology and evolution of new storage devices
Surge in development of Chromebooks
Samsung Electronics Co. Ltd.
Western Digital Corporation
SK Hynix Inc.
Phison Electronics Corporation
Greenliant Systems Inc.
Kingston Technology Company Inc.
Micron Technology, Inc.
Silicon Motion Technology Corporation
Transcend Information, Inc.
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