How big is the NOR Flash Memory Market?

The NOR Flash Memory Market size is expected to reach USD 2.69 billion in 2024 and grow at a CAGR of 6.01% to reach USD 3.60 billion by 2029. Read More

What is the current NOR Flash Memory Market size?

In 2024, the NOR Flash Memory Market size is expected to reach USD 2.69 billion. Read More

Who are the key players in NOR Flash Memory Market?

Infineon Technologies AG, Micron Technology Inc., GigaDevice Semiconductor Inc., Macronix International Co. Ltd and Winbond Electronics Corporation are the major companies operating in the NOR Flash Memory Market. Read More

What years does this NOR Flash Memory Market cover, and what was the market size in 2023?

In 2023, the NOR Flash Memory Market size was estimated at USD 2.53 billion. The report covers the NOR Flash Memory Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the NOR Flash Memory Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

NOR Flash Market - Share, Size & Trends

NOR Flash Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers NOR Flash Manufacturers. The Market is Segmented by Type (Serial NOR Flash and Parallel NOR Flash), End-User Application (Communication, Consumer Electronics, Automotive, Industrial, and Other End-User Applications), Density (2 MEGABIT and LESS NOR, 4 MEGABIT and LESS (>2 MB) NOR, 8 MEGABIT and LESS (>4 MB) NOR, 16 MEGABIT and LESS (> 8 MB) NOR, 32 MEGABIT and LESS (>16 MB) NOR, 64 MEGABIT and LESS (>32 MB) NOR, and Other Densities), and Geography (Americas, Europe, Japan, China, and the Rest of the World). The Report Offers Market Forecasts and Sizes in Volume (shipment Units) and Value (USD) for all Segments.

NOR Flash Memory Industry Overview

The NOR flash memory market is semi-consolidated, with major vendors such as Infineon, Micron Technology, GigaDevice Semiconductor (Beijing) Inc., and Winbond Electronics Corporation dominating it. High entry barriers make it tough for new players to enter the market, but existing vendors are investing in the research and development of new and innovative products.

April 2024: Micron Technology Inc. announced the launch of its latest innovation, the Micron Serial NOR Flash Memory. It is designed to improve the performance and reliability of various applications, e.g., from automotive and industrial to consumer electronics. Micron Serial NOR Flash Memory offers substantial reading and writing speed improvements, more information storage capacity, and improved endurance. This advancement allows it to be used for demanding applications in which data is stored and retrieved quickly and reliably.
February 2024: GigaDevice Semiconductor signed an agreement with EKOM Elektronik to distribute its products. To meet the needs of Turkey's market and contribute to healthy growth in the electronics sector, this partnership would extend GigaDevice's product line into areas where it can make necessary breakthroughs.