Global Automotive Memory Chip Market to 2027: Chinese Storage Suppliers Accelerate Deployment in the Promising Automotive Storage Market
DUBLIN, March 28, 2023 /PRNewswire/ -- The "Automotive Memory Chip Industry Research Report, 2022" report has been added to ResearchAndMarkets.com's offering.
The global smart phone storage market size hit US$46 billion in 2021 when the global automotive storage market size reached about US$4.5 billion, which is only equivalent to 1/10 of the former. Under development trend of intelligent connected vehicles, automobiles will become one of main growth engines of memory IC industry. By 2027, global automotive storage market size will exceed US$12.5 billion, with a CAGR of 18.6% from 2021 to 2027.
This has triggered huge market demand for autonomous driving cloud storage. In China, there are many cloud service providers that offer product solutions for autonomous driving data cloud storage, including Tencent Cloud, Alibaba Cloud, WD My Cloud, Sugon ParaStor, YRCloudFile, XSKY and so on.
As the functions of intelligent cockpits become more and more diversified, larger storage capacity is constantly in demand, and storage technology is constantly innovating
With the wide application of central integrated digital cockpits, DRAM has evolved from DDR2 and DDR3 to LPDDR4, LPDDR5 or GDDR. In addition, the interface of mobile phones has transferred from eMMC to UFS, so will smart cockpit memory chips. It is also possible for high-end models to adopt PCIe SSD.
The cores of both UFS and eMMC interfaces involve NAND flash, but their control interfaces follow different protocols. The maximum communication rate of eMMC is 400MB/s, relative to 1,160 MB/s of UFS. The communication speed directly affects the startup time and software loading time of vehicles, which offer varying experience. In response to the demand for faster startup, reading and writing, the storage in the cockpit field must support UFS2.1 at least. Qualcomm's third-generation 8155 cockpit SoC has already endorsed UFS interfaces.
The intelligent cockpits of newly launched models demonstrate the increasingly powerful storage capacity:
Chinese storage suppliers accelerate deployment in the promising automotive storage market
2 Types and Application of Automotive Memory Chips
3 Automotive Application Scenarios of Memory Chips
4 Overseas Automotive Memory Chip Vendors
5 Chinese Automotive Memory Chip Vendors
For more information about this report visit https://www.researchandmarkets.com/r/pfs4mt
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
View original content:https://www.prnewswire.com/news-releases/global-automotive-memory-chip-market-to-2027-chinese-storage-suppliers-accelerate-deployment-in-the-promising-automotive-storage-market-301783150.html
SOURCE Research and Markets