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The industry is rapidly transforming, with technology driving innovation, automotive standards shaping requirements, and consumer preferences changing demands. Since the car on the road is now its own data center, the need for data storage has grown exponentially-and so has the role of NAND flash in supporting mission-critical functions in automotive applications and entertainment features.
For future autonomous driving, the demand for fast, high-capacity storage propels the development of embedded products and the requirement for a higher-end transmission system and a larger storage unit.
The Automotive Data Storage Market is estimated to reach $8 billion by 2030, growing at a CAGR of 15.8% from 2023 to 2030.
Silicon Motion's automotive storage eMMC, UFS, auto-grade SSD controller, and automotive removable storage device have emerged in the automotive storage market.