Flash Memory Market to Slightly Rebound in 2002.Business Editors/High-Tech Writers MONTEREY, Calif.--(BUSINESS WIRE)--Nov. 19, 2002 Web-Feet Research has released the 2002 version of the "Flash Cards and Removable Storage Forecast: 2002-2007." The report finds the Flash card market will rebound to $2.1 billion this year, recovering from the steepest drop in Flash card revenues of $1.3 billion in 2001. Specific Findings of the Report: Although the picture for 2002 looks shaky in terms of the economy, Web-Feet Research still sees increasing demand rejuvenating the Flash card market. Flash card revenue is projected to grow from $1.31 billion in 2001 to $2.049 billion in 2002, which represents a 56.5% growth rate. In 2007, the market revenue will be around $13.5 billion, which produces a CAGR CAGR See: Compound Annual Growth Rate of 60.1% over the forecast period (2002-2007). Non-Flash removable storage represents a smaller portion of the removable storage market segment. Total revenue for all removable storage markets will grow from $1.6 billion in 2001 to $2.5 billion in 2002, and to $14.5 billion by 2007, which generates a CAGR of 54.6%. In 2002, the Flash card market has seen a halting recovery, but the impact of the financial markets and political instability on consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. has dampened this recovery. Nevertheless, Flash cards have become widely accepted by the digital imaging and music public. Nowadays, when anyone is considering buying a camera their first choice is usually a digital camera. Even Costco, like Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. , offers 128MB CompactFlash, SmartMedia, and Memory Stick Flash cards at less than $.50 per MegaByte (MB). This year, the USB Drive A flash memory card that plugs into the computer's USB port. Small enough to hook onto a keychain, it emulates a small disk drive and allows data to be easily transferred from one machine to another. became a hot item by capturing the floppy disk replacement market for PC and notebook users, and its new applications should establish the USB Drive as another major Flash card format. During the summer, the 5C companies -- SanDisk, Toshiba, Matsushita, Hitachi, and Ingentix -- established the Mobile Commerce (MC) standard that provides a secure digital content download system for wireless transactions. This MC standard paves the way for Flash cards to be securely used in cell phones, PDAs, and other portable terminal devices, which will drive high growth in the Flash card market. The Flash Card and Removable Storage Forecast for 2002-2007 provides revenue, units, and Average Selling Prices The average sales price of goods or commodities. Especially used in the retail sector and technology distribution. (ASP) by density for each Flash Card and Drive. Flash Card formats include PC-ATA, PC-Linear, Miniature card A flash memory card that was used in some consumer devices. It was later replaced by CompactFlash and other memory technologies due to its problematic connector design. , CompactFlash, MultiMediaCards, SmartMedia / xD card, Secure Digital, Memory Stick, Media Stick, USB Drives, and the Other category including the MediaStik. Removable Non-Flash cards and drives include the microdrives from IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) and the Matrix Semiconductor OTP (1) (One Time Programmable) Refers to programming content or logic into chips such as EPROMs and EEPROMs, which cannot be reversed. See antifuse. (2) (One Time P ROM cards. The Flash card and non-Flash card markets are analyzed from two perspectives: the "tops-down" macro-perspective and the "bottoms-up" application-perspective. Both Flash and non-Flash cards have been forecast by form factor and density from 2000-2007 in 21 major applications. The net forecast presents the consolidated results of these individual markets for revenue, units, Average Selling Prices (ASPs), and Price per MegaByte for the overall Flash card and non-Flash card market, by Flash card densities and by Flash card types or form factor. About Web-Feet Research, Inc.: Web-Feet Research, located in Monterey, Calif., provides market research, analyses and consulting services for the electronics and semiconductor industries. Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Alan Niebel, who has over seven years' experience in the industry, specializes in non-volatile memory Refers to memory chips that hold their content without power being applied. It may refer to chips that are not changeable, such as ROMs and PROMs, or to chips that can be rewritten many times such as flash memory. research with an emphasis on Flash, including analysis of market trends, supply and demand forecasts, technologies, and companies that manufacture Flash memory. |
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