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The NAND Flash Memory Market is projected to grow at a CAGR of 0.78% to reach US$62.277 billion by 2024, from US$59.448 billion in 2018.3D NAND flash memory technology is utilized in various applications due to the increasing demand for data storage. It offers large storage space while operating faster at a rather reduced cost. This technology has considerably evolved as the existing technologies were not able to effectively scale capacity to meet the increase in demand for data storage.
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