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3D NAND Flash Memory Market is expected to generate a revenue of USD 81.61 Billion by 2031, Globally, at 19.5% CAGR: Verified Market Research®

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The 3D NAND Flash Memory Market is driven by increasing demand for higher storage capacities in smartphones, laptops, and data centers. Advancements in AI and IoT, requiring robust data storage solutions, further fuel growth. However, high production costs and complex manufacturing processes restrain the market. Additionally, fluctuations in raw material prices and intense competition among key players pose challenges, potentially impacting profitability and growth.
LEWES, Del., Aug. 16, 2024 /PRNewswire/ — The Global 3D NAND Flash Memory Market Size is projected to grow at a CAGR of 19.5% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 19.62 Billion in 2024 and is expected to reach USD 81.61 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=160517
202 – Pages126 – Tables37 – Figures
Scope Of The Report
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Samsung Electronics Co., Ltd., Toshiba Corporation, SK Hynix Semiconductor, Inc., Micron Technology, Inc., Intel Corporation, Apple Inc., Lenovo Group Ltd., Advanced Micro Devices, STMicroelectronics, and SanDisk Corporation
SEGMENTS COVERED

By ProductBy ApplicationBy Geography 
CUSTOMIZATION SCOPE
Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
Global 3D NAND Flash Memory Market Overview
Market Drivers Fueling Growth in the 3D NAND Flash Memory Market
Rising Demand for High-Capacity Storage Solutions: The 3D NAND Flash Memory Market is growing due to the increasing demand for large storage capacity in consumer devices, data centers, and corporate systems. The increasing popularity of 3D NAND technology is driving enterprises to capitalize on the growing demand for it.
Advancements in AI and IoT Applications: The rapid expansion of artificial intelligence (AI) and Internet of Things (IoT) applications are driving the growth of the 3D NAND Flash Memory Market. Investing in 3D NAND technology allows organizations to leverage the increasing need for fast data processing and storage, giving them a competitive advantage in a rising industry.
Increased Adoption in Automotive Sector: The automobile industry’s transition to connected and autonomous vehicles has led to a higher need for 3D NAND Flash Memory. Manufacturers may capitalize on this market driver by providing modern storage solutions for real-time data management, as automobiles increasingly need such solutions.
Download Sample Report Now: https://www.verifiedmarketresearch.com/download-sample?rid=160517
Market Restraints Limiting Expansion in the 3D NAND Flash Memory Market
High Production Costs and Complex Manufacturing: The 3D NAND Flash Memory Market has considerable potential, but it faces obstacles due to the high costs of manufacture and complex manufacturing procedures. These constraints have the potential to restrict profitability and discourage smaller participants from joining the market, so affecting the overall possibilities for expansion.
Price Fluctuations in Raw Materials: The 3D NAND Flash Memory Market may encounter obstacles as a result of fluctuating pricing of raw materials. These variations can lead to higher manufacturing expenses and reduce profit margins, highlighting the importance for firms to meticulously oversee their supply chains and pricing strategies in order to sustain competitiveness.
Intense Market Competition: The 3D NAND Flash Memory Market is highly competitive, with multiple manufacturers competing for market share. The fierce competition can cause a decrease in prices, putting pressure on profit margins and potentially resulting in a slowdown in market expansion if enterprises are unable to properly distinguish their products or services.
Geographic Dominance:
The 3D NAND Flash Memory Market is mostly controlled by the Asia-Pacific region, which is propelled by the existence of prominent manufacturers and a strong demand for consumer electronics in countries such as China, South Korea, and Japan. The geographical dominance contributes to the development of new ideas and cost benefits, which in turn drives the growth of the market. However, it also establishes supply chain interdependencies, rendering the market susceptible to regional disruptions and geopolitical conflicts, which might possibly impact global supply and pricing stability.
Key Players
The “Global 3D NAND Flash Memory Market” study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Samsung Electronics Co., Ltd., Toshiba Corporation, SK Hynix Semiconductor, Inc., Micron Technology, Inc., Intel Corporation, Apple Inc., Lenovo Group Ltd., Advanced Micro Devices, STMicroelectronics, and SanDisk Corporation.
3D NAND Flash Memory Market Segment Analysis
Based on the research, Verified Market Research® has segmented the global 3D NAND Flash Memory Market into Product, Application, And Geography.
3D NAND Flash Memory Market, by ProductSSDFlash DriveSD Cards3D NAND Flash Memory Market, by ApplicationSmartphonesTabletsLaptops & Personal Computers (PCs)Digital CameraAudio Players3D NAND Flash Memory Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
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Global IoT Chip Market Size By Hardware (Connectivity IC, Logic Device, Memory Device, Processor), By End-Use Application (Automotive And Transportation, Building Automation, Industrial, Wearable Devices), By Geography, And Forecast
Global Semiconductor Memory Market Size By Type (Dynamic Random Access Memory, Static Random Access Memory, Flash Memory, Electrically Erasable Programmable Read-Only Memory, Non-Volatile Random Access Memory), Application (Consumer Electronics, Enterprise Storage, Automotive, Industrial, Communications), By Geography, And Forecast
Global Non-Volatile Memory (NVM) Market Size By Type (Electrically Addressed And Mechanically Addressed), By Application (Consumer Electronics And Healthcare Monitoring), By End-User (Automotive, Healthcare, Telecom and IT), By Geography, And Forecast
Top 7 In Memory Database Companies effectively managing real time data
Visualize 3D NAND Flash Memory Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.
With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.
Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.
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G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

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ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.
Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.
Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”
In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.
“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”
By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.
About G42
G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today. To know more visit www.g42.ai.
Media contactsMedia and PR Team, [email protected]

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Artificial Intelligence

GEEKOM releases a perfect mini PCs with dual 2.5Gbps Ethernet ports – GEEKOM GT1 MEGA

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TAIPEI, Sept. 20, 2024 /PRNewswire/ — GEEKOM, a Taiwanese tech company also known as the Green Mini PC Global Leader, recently released a strong lineup of flagship mini PCs with Intel Core Ultra processors and dual Ethernet ports, making it possible for users to enjoy impeccable performance and superb networking functionalities at the same time.

One of these mini PCs is the GEEKOM GT1 Mega, which employs a beautiful aluminum chassis with plenty of I/O, including two full-function 40Gbps USB4 Type-C, six USB Type-A, 2 HDMI2.0, a 3.5mm audio jack, an SD card reader and dual Ethernet ports. The two Ethernet jacks are both of 2.5Gbps standard, which not only delivers high-speed and reliable internet connection for people’s daily computing chores, but also enables the mini PC to serve more sophisticated networking functionalities as a soft router, a virtual machines, a hardware firewall, or even a home server. Besides, dual Ethernet ports can separate internal and external network connections, providing logical and physical separation of trusted and untrusted network traffic and keeping data safe from potential cyber-attacks.
The GT1 Mega is powered by Intel’s latest and smartest Core™ Ultra processor (up to CoreTM U9-185H) and dual-channel DDR5-5600MHz RAM. Thanks to the new CPU, GPU, and NPU three tier multi-processing architecture, the mini PC is ready to harness the superpowers of Artificial Intelligence. It is compatible with more than 500 AI models across 20+ categories and supports high-performance low-power processing in a wide range of computing scenarios, which include enhancing facial features and blurring the background during video calls, removing the vocals from songs to create karaoke tracks, and generating large-scale images based on texts or voice commands. Basically, the GT1 Mega allows users to finish tasks that used to take hours or even days through only a few keystrokes!
The GEEKOM GT1 Mega,is now available on GEEKOM’s official website.
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Artificial Intelligence

Lucinity Partners with Sift for Unified Fraud and AML Case Management

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SAN FRANCISCO, Sept. 19, 2024 /PRNewswire/ — Lucinity and Sift have announced a partnership, unifying fraud and Anti-Money Laundering (AML) into Lucinity’s integrated FinCrime compliance platform for case management, agent-enabled workflow automation, and Generative AI.

Sift is an AI-powered fraud platform securing digital trust for leading global businesses. Its Global Data Network analyzes more than 1 trillion events and identity signals per year to prevent fraud across the entire consumer journey. Lucinity and Sift formed this new partnership to address the challenges of fragmented fraud and AML systems, aiming to centralize and enhance financial crime investigations.
Sift’s AI-powered solution will now be integrated into Lucinity’s platform. This collaboration enhances Lucinity’s ability to provide a seamless and efficient compliance solution. It allows teams to review and manage fraud alerts more effectively through Lucinity’s unified Case Management system, thanks to the native integration between the systems. Key benefits to Lucinity’s users include:
Real-Time Fraud Screening: Payments are screened for potential fraud in real time, utilizing Sift’s fraud detection capabilities.Automatic Payment Holds: Payments suspected of fraud are temporarily held, ensuring verification before processing.Streamlined Reviews: Compliance teams can conduct thorough reviews of flagged payments within Lucinity’s Case Management solution.Risk Level Adjustments: Fraud detection parameters can be customized to adjust sensitivity levels, adapting to emerging fraud trends and risk appetites.This partnership also enables users to leverage Lucinity’s Generative AI capabilities through the Luci copilot to investigate fraud cases more efficiently.
Udi Nessimyan, President and Chief Revenue Officer of Lucinity, comments, “One of the greatest challenges in fighting financial crime is fragmented systems and data. Our partnership with Sift helps address this challenge by providing a centralized platform for various case types, including AML, fraud, sanctions, and ad hoc cases. Our collaboration significantly enhances the productivity of investigation teams, reducing the time spent on cases from hours to minutes.”
Sift’s Chief Marketing Officer, Armen Najarian, emphasizes the collaborative effort to enhance financial crime prevention, stating, “Cybercriminals are increasingly leveraging AI to bypass traditional anti-money laundering and fraud controls, creating sophisticated and dynamic threats. To combat these evolving risks, companies must adopt a ‘fight fire with fire’ approach by leveraging AI-powered solutions. Through Sift’s partnership with Lucinity, businesses can stay ahead of fraudsters, ensuring robust protection against abuse and enabling fearless growth.”
About Sift: https://sift.com About Lucinity: https://lucinity.com
Media contact:Celina [email protected] +354 792 4321

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