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Universal Flash Storage Market Set to Reach USD 32.96 Billion by 2032, driven by demand for faster, low-power data storage | SNS Insider [Yahoo! Finance]
Last western digital corporation earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investor.wdc.com
Austin, July 08, 2025 (GLOBE NEWSWIRE) -- Universal Flash Storage Market Size & Growth Insights: According to the SNS Insider Report, “The Universal Flash Storage Market Size was valued at USD 7.16 Billion in 2023 and is expected to reach USD 32.96 Billion by 2032 and grow at a CAGR of 18.52% over the forecast period 2024-2032.” Rising demand for advanced data storage in smartphones, automotive systems, and AI-powered devices. The Universal Flash Storage (UFS) market is leading the expansion of consumer electronics driven by its ability to access data in real time at high speeds. The superior performance of eMMC for mobile devices, Tablets, Laptops, and other consumer electronics has led to the increasing popularity of UFS as it outshines traditional technology when it comes to the read/write speeds, Latency, and concurrency And the transition to 5G, the rapid rise of edge computing and emergence of AI processes will only increase the need for more cost-effective storage that p
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