Global Embedded Multimedia Card (eMMC) Market to Reach US$ 13.41 Billion by 2028, Stimulated by Significant Growth in Automotive Industry

June 29, 2023 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “Embedded Multimedia Card (eMMC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global embedded multimedia card market size reached US$ 10.67 Billion in 2022. An embedded multimedia card (eMMC) is a type of flash storage device commonly used in electronic devices, such as smartphones, digital cameras, tablets, and embedded systems. It combines NAND flash memory chips with a flash memory controller, providing a compact and integrated solution for data storage. It operates as a non-volatile storage medium, as it retains data even when power is disconnected. It offers several advantages, including high performance, low power consumption, small form factor, and cost-effectiveness. The integrated flash memory controller handles data transfer, wear levelling, error correction, and other essential functions, simplifying the design and implementation of storage solutions. The capacity of eMMC devices can vary, ranging from a few gigabytes to several hundred gigabytes.   

Global Embedded Multimedia Card Market Trends:

The increasing demand for mobile devices among individuals is driving the global market. Moreover, the proliferation of IoT devices in various industries, such as healthcare, automotive, and industrial automation requires small-sized storage solutions with low power consumption is catalyzing the market. Apart from this, continual advancements in eMMC make them more capable of handling demanding applications and multimedia content, which is fuelling its adoption in high-performance devices. Furthermore, significant growth in automotive electronics is supporting the growth of the market as eMMC's small form factor, ruggedness, and ability to withstand harsh environmental conditions make it suitable for automotive applications. Besides, the increasing consumption of digital content, including high-definition videos, games, and multimedia applications, is further impacting the market as eMMC provides a compact and reliable solution for storing and accessing large amounts of data, meeting the demands of content-hungry users. The market is driven by the rising preference toward smaller and more compact electronic devices, such as ultra books, slim tablets, and wearable devices. Looking forward, the market value is projected to reach US$ 13.41 Billion by 2028, expanding at a CAGR of 3.8% during 2023-2028.  

Market Summary:

  • Based on the density, the market has been segmented into 2GB-4GB, 8GB-16GB, 32GB-64GB, and 128GB-256GB. Currently, 32GB-64GB represents the largest market segment.
  • On the basis of the application, the market has been divided into smartphones, digital cameras, GPS system, medical devices, and others. Among these, GPS system exhibits a clear dominance in the market.
  • Based on the end user insights, the market has been classified into automotive, aerospace and defense, consumer electronics, industrial, healthcare, public, IT and telecom, and others. Among these, automotive exhibits a clear dominance in the market.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. Among these, Asia Pacific holds the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Delkin Devices Inc., Greenliant Systems Inc, Kingston Technology Company Inc., Micron Technology Inc, Phison Electronics Corporation, Samsung Electronics Co. Ltd, Silicon Motion Technology Corporation, SK Hynix Inc., Transcend Information Inc and Western Digital Corporation.

Report Scope:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Densities Covered 2GB-4GB, 8GB-16GB, 32GB-64GB, 128GB-256GB
Applications Covered Smartphones, Digital Cameras, GPS System, Medical Devices, Others
End Users Covered Automotive, Aerospace and Defense, Consumer Electronics, Industrial, Healthcare, Public, IT and Telecom, Others
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Delkin Devices Inc., Greenliant Systems Inc, Kingston Technology Company Inc., Micron Technology Inc, Phison Electronics Corporation, Samsung Electronics Co. Ltd, Silicon Motion Technology Corporation, SK Hynix Inc., Transcend Information Inc, Western Digital Corporation, etc.
Customization Scope 10% Free Customization
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Global Embedded Multimedia Card (eMMC) Market to Reach US$ 13.41 Billion by 2028, Stimulated by Significant Growth in Automotive Industry
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