How is the Memory Market for Autonomous and Connected Vehicles Expected to Grow in the Coming Years?
Memory Market for Autonomous and Connected Vehicles Research Report@ https://www.psmarketresearch.c....om/market-analysis/m
More than 1.35 million people lose their lives in road crashes every year, says the World Health Organization (WHO). As most such mishaps are a result of human errors, the chorus for integrating advanced safety features in automobiles is growing louder. Additionally, the government in many countries is mandating the installation of automatic braking, advanced driver-assistance systems (ADAS), and lane assist features in vehicles.
Integration of NOT-AND (NAND) Flash to Rise Fastest in Future
In the coming years, the NOT-AND (NAND) flash category is expected to witness the fastest growth, on account of the smaller size and higher data transfer rate of this memory type.
The navigation division was the most fruitful for the market, in terms of revenue, in the past, as such functionalities have witnessed a high integration rate in automobiles up till now.
Historically, the highest demand for memory has been created by level 0 or non-autonomous vehicles, as they have dominated the automotive industry, on account of being of primitive technology. With time, the preference for navigation and infotainment services in such vehicles has risen, and for such features, ample memory is imperative.
