According to our latest study on "Defense and Aerospace NAND and NOR Flash Memory Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Flash Memory Type, NAND Flash Memory Architecture, NOR Flash Memory Density, NAND Flash Memory Density, and Geography," the market was valued at US$1.93 billion in 2024 and is expected to reach US$2.72 billion by 2031; it is estimated to record a CAGR of 5.2% during 2025-2031.

In Mexico, the defense and aerospace NAND AND NOR flash memory market is fueled by the industrial policy, regional manufacturing growth, and integration into the North American supply chain. Nearshoring trends under the USMCA framework have encouraged OEMs and system integrators to localize electronics production, including high-reliability defense and aerospace modules, increasing demand for both NOR Flash (for firmware and embedded code) and NAND Flash (for data storage). Government incentives, such as tax deductions and investment support for semiconductor-related infrastructure, have attracted memory manufacturers to establish packaging, testing, and design operations in key industrial regions, strengthening the local supply chain. Simultaneously, the expansion of digital infrastructure and data centers in urban centers such as Mexico City and Quer