Global Capital Spending on Memory Devices Market to exceed 5% CAGR through 2019

Global Capital Spending on Memory Devices Market to exceed 5% CAGR through 2019

Fast Market Research announces the availability of Technavio's new report "Global Capital Spending on Memory Devices Market 2015-2019" on their comprehensive research portal.

Semiconductor capital spending refers to money spent or funds used by a semiconductor company in producing semiconductor ICs. Semiconductor capital spending includes the repair of semiconductor production equipment or the purchase of equipment. However, this report focuses on capital spending pertaining to only semiconductor memory devices such as DRAM, mobile DRAM, NAND flash, and 3D NAND flash memory devices.

Technavio's analysts forecast the global capital spending on memory devices market to grow at a CAGR of 5.86% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Capital Spending on Memory Devices Market 2015-2019

The report analyst commented, "Portable electronic devices such as smartphones and tablets become obsolete after a short time because of rapid launches of next-version models by vendors. On average, the replacement cycle is 8-12 months. In the past, the replacement period was much longer. Due to the reduction in the product replacement cycle time, the demand for memory devices for newly launched devices is expected to rise drastically, and this will increase the capital spending on memory devices by semiconductor companies, leading to the growth of market."

According to the report, the adoption of communication devices and consumer electronics such as smartphones, tablets, and smart LED TVs is constantly increasing. As a result of advances in the consumer electronics sector, which have seen the emergence of 3D and UHD TVs and hybrid laptops, the demand for NAND flash and DRAM memory devices will also increase steadily during the forecast period, thus leading to an increase in capital spending on memory devices.

Further, the report states that less time-to-market is one of the major challenges faced by vendors in the global capital spending on memory devices market.

The key players in the Global Capital Spending on Memory Devices Market are Samsung Semiconductor, SK Hynix and Micron Technology while other prominent vendors include SanDisk and Toshiba

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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