Serial EEPROM Market

Serial EEPROM Market: Introduction

• Electrically Erasable Programmable Read-Only memory is a device that helps to store small amounts of data and recover it later even if the device has been power cycled.
• A single byte of data stored in the memory can be reprogrammed or erased repeatedly although it has a limited life; that means, it can be reprogrammed tens of thousands or hundreds of thousands of times.
• Serial EEPROMs offer a wide range of ultra-small packages, high reliability, and high quality data stored in the memory.
• Growing demand for connected and wearable devices, low power consumption, and miniaturization of electronics devices are driving the growth of the serial EEPROM market.
• Serial EEPROM is used in smartphones, computers, televisions, video tape recorders (VTR), digital cameras, telephone switch boards, remote controls, etc.

Rising Demand for Serial EEPROM in Consumer Electronics Industries

• Based on end-use industry, the market can be segmented into consumer electronics, IT and telecommunication, aerospace and defense, automotive, and others.
• The consumer electronics segment of the global Serial EEPROM market is estimated to expand at a rapid pace during the forecast period due to the increasing use of serial EEPROM for smartphones, computers, digital cameras, and more.
• Moreover, increasing demand for low power consumption and faster access memory devices are major factors contributing to the adoption of serial EEPROM. This is anticipated to boost the growth of serial EEPROM in the consumer electronics sector.
• Furthermore, rising computing capabilities with artificial intelligence (AI) in laptops, smartwatches, and smartphones that require compatible memory solutions will help consumer electronics to remain the largest end-use industry during the forecast period.
• Usage of serial EEPROM has increased over the years in digital cameras, smartphones, and smart wearable devices, which is also propelling the growth of the market

Asia Pacific to Lead Global Serial EEPROM Market

• In terms of region, the global serial EEPROM market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• The market in Asia Pacific is expected to witness highest growth during the forecast period because of rising adoption of multimedia devices and wearable devices.
• Increasing demand for smartphones, especially in Asia Pacific, is propelling growth of the serial EEPROM market because of its data storing ability. New innovation in technologies is expected to increase the demand for serial EEPROM.
• The Asia Pacific market is expected to expand at a high growth rate due to presence of major players and increased competition among them. The market in North America is likely to show a uniform growth rate during the forecast period because of limited competition in the market.

Key Players Operating in Global Serial EEPROM Market

Major players operating in the global serial EEPROM market are focusing on technological advancements and expansions to meet the rising demand for serial EEPROM. Furthermore, manufacturers are undertaking mergers and acquisitions for the development of innovative and advanced technologies.

Key players operating in the global serial EEPROM market include:

• Microchip Technology Inc.
• ON Semiconductor Corp.
• STMicroelectronics
• ROHM CO., LTD
• Renesas Electronics Corporation.
• ABLIC Inc.
• AiT Semiconductor Inc.
• Fremont Micro Devices Inc.
• Giantec Semiconductor Corporation
• Maxim Integrated
• Shanghai Fudan Microelectronics Group Co., Ltd.

Global Serial EEPROM Market: Research Scope

Global Serial EEPROM Market, by Type

• I2C
• SPI
• Microwire
• Others (UNI/O Bus, Single-Wire, etc.)

Global Serial EEPROM Market, by Density

• 1Kbit – 512Kbit
• 512Kbit – 1 Mbit
• Above 1 Mbit

Global Serial EEPROM Market, by Application

• Smartphones
• Computers
• Television
• Video Tape Recorder (VTR)
• Digital Cameras
• Others (Telephone switch board, remote control, etc.)

Global Serial EEPROM Market, by End-use Industry

• Consumer Electronics
• Automotive
• IT and Telecommunication
• Aerospace and Defense
• Others (Industrial, Healthcare, etc.)

Global Serial EEPROM Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa