According to the latest report released by Tibco Consulting, after the trough in 2023, DRAM demand is expected to grow 13% next year, NAND Flash demand growth of 16%.
According to the report, in the PC sector, the average capacity of DRAM is expected to grow by 12.4%, thanks to the popularization of DDR5 memory driven by Intel’s Meteor Lake processor, which supports only DDR5 and LPDDR5 and is expected to overtake DDR4 as the mainstream in the second half of 2024.
The growth of PC Client SSDs is not as strong as that of PC DRAMs, with the annual growth rate of the average capacity of DRAMs expected to be only about 8~10%. Due to the gradual shift of most consumers’ usage habits to cloud computing, the demand for notebook PCs with high-capacity storage space is decreasing, and even with the increase in 1TB models, 512GB models are still the mainstream of consumption.
As for servers, the average annual growth rate of Server DRAM capacity is estimated to reach 17.3%, which is mainly due to the generation transition of server platforms, increased reliance on RAM matching CPU cores for CSP business, and high demand for AI server arithmetic load.
UFS and eMMC, image storage demand, 5G penetration rate increase, etc., will drive the smartphone average carrying capacity increase, but in the original factory to reduce production to brewing price increases, smartphone OEM cost control will be more cautious, 2024 low-end models 1TB above the planning may be reduced.