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NAND flash memory is a type of storage that stores information or data without the use of electricity. It has several advantages, including low power consumption, scalability, high density, and low cost, making it a viable option for multimedia products on the market.
The increased need for low-cost storage solutions across numerous consumer electronics applications will emerge as the primary driver of market expansion.
Furthermore, the rising popularity of smartphones, along with the growing use of NAND flash memory in electronic devices, will exacerbate market value.
Additionally, the comparative benefits of NAND flash memory over its alternatives, as well as the rising proliferation of 5G and IoT devices, are expected to temper the market’s overall development.
The India NAND Flash Memory Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
IBall entered the burgeoning solid-state drive (SSD) industry with the release of their first high-speed SSD, the ‘Phantom.’ The new 2.5-inch SSD features 3D NAND flash and turbo-boost SLC Cache technology and is available in 120GB, 240GB, and 480GB storage capacities.
The current technology, according to the business, provides up to 10 times quicker boot-up, shutdown, and transfer speeds than conventional hard drives. There are other features like as TRIM Command, Error Correction Code, RAID, and a three-year guarantee on the SMART monitoring system.
The iBall Phantom SSD includes new-generation 3D NAND Flash and turbo-boost SLC Cache technology, among other things. The SSD also promises read rates of up to 500MBps.