global External NOR Flash Market was valued at USD 1,213 million in 2024 and is projected to reach USD 1.72 billion by 2034, at a CAGR of 3.5% during the forecast period 2026-2034. Steady growth trajectory reflects sustained demand for execute-in-place firmware storage across embedded systems.

External NOR Flash comprises parallel/serial non-volatile memory ICs offering random access reads at 400+ MB/s with 100k+ P/E cycles, packaged in WSON/TSOP formats qualified to AEC-Q100 Grade 1 These 128Mb-8Gb devices feature ECC engines, OTP regions for secure boot, and 20-year data retention, externally interfaced to MCUs lacking sufficient on-chip density for RTOS, OTA updates, or ML model parameters

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