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Global Serial (SPI) NOR Flash Market Opportunities and Forecast 2020-2027
Global Serial (SPI) NOR Flash Market, By Type (High Density Memory, Low Density Memory), By Application (Telecommunication, Networking, Industrial, Automotive, Consumer Electronics, Others), and opportunities and forecast 2020-2027
Serial (SPI) NOR Flash Market Overview
NOR flash memory is a type of non-volatile memory. The most common application of NOR is code execution. When NOR flash memory is first turned on, it consumes more power; however, NOR has a low standby power need. The global Serial (SPI) NOR Flash market is expected to rise at a considerable rate in the years to come. Embedded electronics is one of the most common uses for NOR flash memory. Consumer electronics such as tablets and smartphones frequently employ NOR flash. Serial NOR flash is used in devices with a lightweight operating system. Because of NOR's quick read performance, the OS can be booted much faster than with NAND. Because embedded systems tend to read code during the boot process but do few write operations, NOR is a great choice for them.
The evolution of technologies such as 5G has propelled the demand for faster-operating devices. Therefore, NOR flash memories can be used along with NAND in electronic devices, NOR for faster read operations, and NAND for comparably higher write and erase functions. Consequently, applications such as smartphones, smartwatches, medical devices, portable devices, and devices having smaller operating systems extensively utilize NOR flash memory. Each of these factors is anticipated to have a definite impact on the Serial (SPI) NOR Flash market during the forecast period.
On the downside, NOR flash memory is more expensive than NAND and has lower code saturation space, which in turn is hindering the serial NOR flash memory market.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Type, Application, and Region
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Serial (SPI) NOR Flash Market Segment Overview
Based on Application, Consumer Electronics is one of the largest segments in the global Serial (SPI) NOR Flash market. Serial NOR flash memory is found in a variety of consumer gadgets, including modems, Wi-Fi/home gateways, CCTV cameras, set-top boxes, smart meters, printers, and digital televisions. This contributes to the segment's expansion.
Serial (SPI) NOR Flash Market, By Type · High Density Memory · Low Density Memory
Serial (SPI) NOR Flash Market, By Application · Telecommunication · Networking · Industrial · Automotive · Consumer Electronics · Others
Serial (SPI) NOR Flash Market Regional Overview
In terms of region, Asia Pacific is expected to account for a major share in the global serial NOR flash market in the forecast period. This is due to the presence of a significant electronics sector and important players in the region. The serial NOR flash market appears to be concentrated in Asia and Europe, with these two regions accounting for the majority of the market share. Furthermore, during the projection period, North America is expected to acquire market share and present a substantial potential for the serial NOR flash market. The automotive, industrial (IIoT), networking, and communication sectors in the region are also projected to offer significant opportunities for the market in the forecast period.
Serial (SPI) NOR Flash Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Serial (SPI) NOR Flash Market Competitor overview
Some key developments and strategies adopted by manufacturers in Serial (SPI) NOR Flash are highlighted below.
· In October 2021, Alliance Memory announced a new line of 3V multiple input/output serial NOR flash memory products designed to provide supply continuity for Micron Technology customers utilizing discontinued N25Q series devices. Offering support for single, dual, and quad SPI modes, the AS25F series combines fast read performance up to 104MHz with the fast program and erase times of 0.3ms and 40ms typical, respectively.
· In April 2021, Dialog Semiconductor has developed new serial NOR 1 Mbit and 2 Mbit Flash memory configurations, which claim to have the 'lowest total energy usage' in the industry for power-conscious and space-constrained devices.
Q1. Which Segments are covered in the Serial (SPI) NOR Flash Market report?
A. Type, Application, and Region these segments are covered in the Serial (SPI) NOR Flash market report.
Q2. Which segment is projected to hold the largest share in the Serial (SPI) NOR Flash Market?
A. Consumer Electronics segment is projected to hold the largest share in the Serial (SPI) NOR Flash Market.
Q3. Which region holds the largest share in the Serial (SPI) NOR Flash market?
A. Asia Pacific held the largest share in the global Serial (SPI) NOR Flash market.
Q4. What are the restraining factors for the Serial (SPI) NOR Flash market?
A. NOR flash memory is more expensive than NAND and has lower code saturation space, which in turn is hindering the serial NOR flash memory market.
Q5. Which are the prominent players in the Serial (SPI) NOR Flash Market?
A. Cypress, Samsung, Winbond, Micron, Macronix, ISSI, Eon, Microchip, GigaDevice are some key players in the Serial (SPI) NOR Flash Market.
Serial (SPI) NOR Flash Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Serial (SPI) NOR Flash Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1. High Density Memory
5.2.2. Low Density Memory
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Telecommunication
5.3.2. Networking
5.3.3. Industrial
5.3.4. Automotive
5.3.5. Consumer Electronics
5.3.6. Others
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Serial (SPI) NOR Flash Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Type
6.2.1. High Density Memory
6.2.2. Low Density Memory
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Telecommunication
6.3.2. Networking
6.3.3. Industrial
6.3.4. Automotive
6.3.5. Consumer Electronics
6.3.6. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Serial (SPI) NOR Flash Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Type
7.2.1. High Density Memory
7.2.2. Low Density Memory
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Telecommunication
7.3.2. Networking
7.3.3. Industrial
7.3.4. Automotive
7.3.5. Consumer Electronics
7.3.6. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Serial (SPI) NOR Flash Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Type
8.2.1. High Density Memory
8.2.2. Low Density Memory
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Telecommunication
8.3.2. Networking
8.3.3. Industrial
8.3.4. Automotive
8.3.5. Consumer Electronics
8.3.6. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Serial (SPI) NOR Flash Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Type
9.2.1. High Density Memory
9.2.2. Low Density Memory
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Telecommunication
9.3.2. Networking
9.3.3. Industrial
9.3.4. Automotive
9.3.5. Consumer Electronics
9.3.6. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Cypress
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Samsung
10.6. Winbond
10.7. Micron
10.8. Macronix
10.9. ISSI
10.10. Eon
10.11. Microchip
List of Figures
Figure 1: Global Serial NOR Flash Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Serial NOR Flash Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Serial NOR Flash Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Serial NOR Flash Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Serial NOR Flash Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Serial NOR Flash Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Serial NOR Flash Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Serial NOR Flash Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Serial NOR Flash Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Serial NOR Flash Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Serial NOR Flash Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Serial NOR Flash Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Serial NOR Flash Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Serial NOR Flash Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Serial NOR Flash Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Serial NOR Flash Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Serial NOR Flash Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Serial NOR Flash Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Serial NOR Flash Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Serial NOR Flash Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Serial NOR Flash Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Serial NOR Flash Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Serial NOR Flash Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Serial NOR Flash Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Serial NOR Flash Market Revenue (USD Billion) Forecast, by Country, 2016-2027