TMR analysts believe that in 2020 flash drives with USB 3.0 will be sold for more than $ 3 billion

Experts of the analytical company Transparency Market Research (TMR) believe that the market for flash drives in the coming years will grow rapidly.

In 2015, models with the USB 3.0 interface sold for the sum of 1,1239 billion. For 2020, analysts predict TMR indicator 3,1156 billion. This means that in the period from 2016 to 2020 the market will grow at a CAGR of 23.5% per year.

In the United States the main participants in the market are HP, SanDisk, and Lexar. In Europe, they added Fischer Connectors and Toshiba Electronics. In the Asia-Pacific region is dominated by Samsung, Kingston, Transcend and SanDisk. Trying to attract consumers, manufacturers offer higher capacity and high speed models. The key to increasing volume while maintaining a compact form-factor, the experts TMR technology called chip-on-board (CoB), in which the semiconductor crystals are mounted directly on the printed circuit Board, the shielding Assembly site and crystal from external influences compound.

Source: TMR

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