1T-MONOS Market to Witness Impressive Global Growth in Production-Consumption Ratio through 2026
Majority of the requirements for technology featuring memory expansion cards that are utilized in consumer electronic devices and storage medium for the embedded systems are fulfilled by flash memories. According to Coherent Market Insights analysis, this technology has witnessed over 40% year-on-year growth over the last few years. However, owing to certain technological limitations that include flash memoryu2019s finite life, incapability of the bit-by-bit data erasability and large power consumption, the utilization of the technology has been limited to particular environment conditions.
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