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Middle East and Africa NOR Flash Market

2021

Technology, Media and Telecommunications Middle East and Africa NOR Flash Ma...

Middle East and Africa NOR Flash Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Serial NOR Flash and Parallel NOR Flash), Application (Industrial, Telecommunication, Networking, Automotive, Smart Grid Space, and Others), and Density (Less than 250Mb, 250Mb-1Gb, and More than 1Gb)

Publication Month: Nov 2021 | Report Code: TIPRE00025857 | No. of Pages: 118 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

Middle East and Africa NOR Flash Market to Grow at a CAGR of 14.6% to reach US$ 385.0 million Million from 2021 to 2028

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The Middle East and Africa NOR flash market is expected to reach US$ 385.0 million by 2028 from US$ 148.3 million in 2021; it is estimated to grow at a CAGR of 14.6% from 2021 to 2028.


The market growth is attributed to factors such as the growing digitalization and emergence of data-centric applications and rising penetration of internet of things (IoT) to accelerate demand for NOR flash across the region. However, the availability of substitutes for NOR flash hampers the growth of the NOR flash market

The rapidly increasing data-centric applications of NOR flash memories in numerous industry verticals worldwide, coupled with the burgeoning prominence of mobile devices and connected technology, is expected to offer an increase in demand for NOR flash memories. Furthermore, high-performance NOR flash technologies enable the simplification of the memory hierarchy, which can be used for incorporating non-volatility in logic circuits, resulting in a new application for NOR flash memories in hardware security and neuromorphic computing. In addition, non-volatile memories were also recently used for the development of 3D stackable memory architecture. The rising demand from the IT companies for making a computer's system further secured and enhancing its efficiency is expected to drive innovative applications of NOR flash memories. The trend is subsequently anticipated to encourage the NOR flash market growth during the forecast period. The vision for the Internet of things (IoT) industry-wide foresees the installation of an abundance of connected devices into the global network. Such unprecedented growth in the installation of connected devices has resulted in a critical memory challenge for the IoT, which is being addressed by innovative memory technologies. NOR flash memory delivers quick random readings and long-term dependability, making it suited for automotive, medical, and portable consumer devices as mobility and IoT grow. Besides, the demand for NOR flash memories in the IoT market will be escalated by the rising need for interoperability to support the multiple protocol stack for fulfilling the lack of worldwide adopted IoT connectivity standards. Moreover, the expectations placed on NOR flash are similar to those placed on other IoT devices – low cost, low power consumption, small size, high reliability, performance, and security. The W25Q SpiFlash Multi-I/O Memories from Winbond meet all of the above criteria, notably in terms of reliability and performance. The popular serial peripheral interface (SPI) is used in the W25Q family, with densities ranging from 512 Kb to 512 Mb, compact erasable sectors, and the best performance in the market.

South Africa recorded the highest number of COVID-19 cases in the Middle East and Africa, followed by Saudi Arabia and the UAE. The manufacturing sector in the region witnessed a severe impact of the COVID-19 pandemic due to business shutdown and lockdown. However, post lockdown, semiconductor industry started to regain the market share as production facilities restarted the operation by taking social distancing measures. The Middle East & Africa has a smaller number of companies operating or offering market-specific solutions. Countries such as the UAE and South Africa are adopting advanced electronics, such as smartphones, smart wearables, and IoT connected devices. Increasing focus of governments on industrialization is supposed to drive the market growth in Middle Eastern countries during the forecast period.

NOR flash market

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MIDDLE EAST AND AFRICA DUAL CLUTCH TRANSMISSION MARKET SEGMENTATION

By Type

  • Serial NOR Flash
  • Parallel NOR Flash

By Density

  • Less than 250Mb
  • 250Mb-1Gb
  • More than 1Gb

By Application

  • Industrial
  • Telecommunication
  • Networking
  • Automotive
  • Smart Grid Space
  • Others

By Country

  • UAE
  • South Africa
  • Saudi Arabia
  • Rest of Middle East and Africa

Company Profiles

  • Cypress Semiconductor Corporation
  • Integrated Silicon Solution Inc.
  • Micron Technology, Inc
  • WINBOND ELECTRONICS CORPORAITON
  • Microchip Technologies, Inc.
  • Macronix International Co., Ltd
  • Dialog Semiconductor
  • GigaDevice

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 NOR Flash Market – By Type

1.3.2 NOR Flash Market – By Density

1.3.3 NOR Flash Market – By Application

1.3.4 NOR Flash Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. NOR Flash Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Middle East and Africa PEST Analysis

4.3 Expert Opinion

5. NOR Flash Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Need for Advanced Features

5.1.2 Growing Digitalization and Emergence of Data-Centric Applications

5.2 Market Restraints

5.2.1 Availability of Substitutes

5.3 Market Opportunities

5.3.1 Growing Role of NOR Flash in Automotive Design

5.4 Future Trends

5.4.1 Rising Penetration of Internet of Things (IoT) to Accelerate Demand for NOR Flash

5.5 Impact Analysis of Drivers and Restraints

6. NOR Flash Market – Middle East and Africa Analysis

6.1 NOR Flash Market Middle East and Africa Overview

6.2 NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

7. NOR Flash Market Analysis – By Type

7.1 Overview

7.2 NOR Flash Market, By Type (2020 and 2028)

7.3 Serial NOR Flash

7.3.1 Overview

7.3.2 Serial NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Parallel NOR Flash

7.4.1 Overview

7.4.2 Parallel NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8. NOR Flash Market Analysis – By Density

8.1 Overview

8.2 NOR Flash Market, By Density (2020 and 2028)

8.3 Less than 250Mb

8.3.1 Overview

8.3.2 Less than 250Mb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8.4Mb-1Gb

8.4.1 Overview

8.4.2Mb-1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

8.5 More than 1Gb

8.5.1 Overview

8.5.2 More than 1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

9. NOR Flash Market Analysis – By Application

9.1 Overview

9.2 NOR Flash Market Breakdown, by Application, 2020 & 2028

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial Market Revenue and Forecast to 2028 (US$ Million)

9.4 Telecommunication

9.4.1 Overview

9.4.2 Telecommunication Market Revenue and Forecast to 2028 (US$ Million)

9.5 Networking

9.5.1 Overview

9.5.2 Networking Market Revenue and Forecast to 2028 (US$ Million)

9.6 Automotive

9.6.1 Automotive Market Revenue and Forecast to 2028 (US$ Million)

9.7 Smart Grid Space

9.7.1 Overview

9.7.2 Smart Grid Space Market Revenue and Forecast to 2028 (US$ Million)

9.8 Others

9.8.1 Overview

9.8.2 Others Market Revenue and Forecast to 2028 (US$ Million)

10. NOR Flash Market –Middle East and Africa Analysis

10.1 MEA: NOR Flash Market

10.1.1 MEA: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.2 MEA: NOR Flash Market, by Type

10.1.3 MEA: NOR Flash Market, by Density

10.1.4 MEA: NOR Flash Market, by Application

10.1.5 MEA: NOR Flash Market, by Key Country

10.1.5.1 South Africa: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.1.1 South Africa: NOR Flash Market, by Type

10.1.5.1.2 South Africa: NOR Flash Market, by Density

10.1.5.1.3 South Africa: NOR Flash Market, by Application

10.1.5.2 Saudi Arabia: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.2.1 Saudi Arabia: NOR Flash Market, by Type

10.1.5.2.2 Saudi Arabia: NOR Flash Market, by Density

10.1.5.2.3 Saudi Arabia: NOR Flash Market, by Application

10.1.5.3 UAE: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.3.1 UAE: NOR Flash Market, by Type

10.1.5.3.2 UAE: NOR Flash Market, by Density

10.1.5.3.3 UAE: NOR Flash Market, by Application

10.1.5.4 Rest of MEA: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.4.1 Rest of MEA: NOR Flash Market, by Type

10.1.5.4.2 Rest of MEA: NOR Flash Market, by Density

10.1.5.4.3 Rest of MEA: NOR Flash Market, by Application

11. NOR Flash Market - COVID-19 Impact Analysis

11.1 Middle East and Africa

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

13. Company Profiles

13.1 Cypress Semiconductor Corporation.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Micron Technology, Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 WINBOND ELECTRONICS CORPORAITON

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Microchip Technologies, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Dialog Semiconductor

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

Table 1. MEA: NOR Flash Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 2. MEA: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 3. MEA: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. MEA NOR Flash Market, by Country – Revenue and Forecast to 2028 (USD Million)

Table 5. South Africa: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. South Africa: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 7. South Africa: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Saudi Arabia: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Saudi Arabia: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 10. Said Arabia: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. UAE: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. UAE: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 13. UAE: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Rest of MEA: NOR Flash Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of MEA: NOR Flash Market, by Density – Revenue and Forecast to 2028 (US$ Million)

Table 16. Rest of MEA: NOR Flash Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. List of Abbreviation

LIST OF FIGURES

Figure 1. NOR Flash Market Segmentation

Figure 2. NOR Flash Market Segmentation – By Country

Figure 3. Middle East and Africa NOR Flash Market Overview

Figure 4. Serial NOR Flash Segment Held the Largest Market Share Based on Type

Figure 5. Less than 250Mb Segment Held the Largest Market Share Based on Density

Figure 6. Industrial Segment Held the Largest Market Share Based on Application

Figure 7. UAE to Show Great Traction During Forecast Period

Figure 8. Middle East and Africa – Pest Analysis

Figure 9. Expert Opinion

Figure 10. Middle East and Africa NOR Flash Market: Impact Analysis of Drivers and Restraints

Figure 11. NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. NOR Flash Market Revenue Share, by Type (2020 and 2028)

Figure 13. Serial NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Parallel NOR Flash: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. NOR Flash Market Revenue Share, by Density (2020 and 2028)

Figure 16. Less than 250Mb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.Mb-1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. More than 1Gb: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. NOR Flash Market Breakdown, by Application (2020 and 2028)

Figure 20. Industrial Market Revenue and Forecast to 2028(US$ Million)

Figure 21. Telecommunication Market Revenue and Forecast to 2028(US$ Million)

Figure 22. Networking Market Revenue and Forecast to 2028(US$ Million)

Figure 23. Automotive Market Revenue and Forecast to 2028(US$ Million)

Figure 24. Smart Grid Space Market Revenue and Forecast to 2028(US$ Million)

Figure 25. Others Market Revenue and Forecast to 2028(US$ Million)

Figure 26. MEA: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. MEA: NOR Flash Market Revenue Share, by Type (2020 and 2028)

Figure 28. MEA: NOR Flash Market Revenue Share, by Density (2020 and 2028)

Figure 29. MEA: NOR Flash Market Revenue Share, by Application (2018 and 2027)

Figure 30. MEA: NOR Flash Market Revenue Share, by Key Country (2020 and 2028)

Figure 31. South Africa: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Saudi Arabia: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. UAE: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Rest of MEA: NOR Flash Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

  1. Cypress Semiconductor Corporation
  2. Integrated Silicon Solution Inc.
  3. Micron Technology, Inc
  4. WINBOND ELECTRONICS CORPORAITON
  5. Microchip Technologies, Inc.
  6. Macronix International Co., Ltd
  7. Dialog Semiconductor
  8. GigaDevice

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa NOR Flash market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa NOR Flash market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 
TIPRE00025857
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