NAND flash revenue in two key applications – Solid State Drives (SSDs) and Video Capture from Digital Video Cameras (DVCs) – will see compound annual growth rates (CAGR) of over 100 per cent through 2012, according to In-Stat.
The analysts said this will overcome some of the weaknesses in other segments of the NAND flash market and drive overall growth to 30 per cent CAGR.