Market research firm Omdia forecast that next year the global NAND flash memory market size of $ 58.513 billion, and DRAM market ($ 59.582 billion) is similar. By 2025, the NAND flash memory market is expected to reach $84.378 billion, surpassing the DRAM market ($83.397 billion) for the first time.
Some forecast that next year (2023) NAND flash memory market size will approach the DRAM market. However, DRAM prices have fallen more rapidly than the factors contributing to the growth of the NAND flash memory market.
Analysts believe that the NAND flash memory market size of $60.49 billion this year, compared with the DRAM market ($81.714 billion) decreased by more than 30%. In particular, by 2025, the NAND flash memory market will reach $84.378 billion, surpassing the DRAM market ($83.397 billion) for the first time.
The memory semiconductor market has entered a serious downturn since the second half of this year. Despite this, NAND has maintained its pricing level compared to DRAM. As a result, Omdia predicts that next year the DRAM market size will decrease by more than 30% compared to this year, while the NAND market size next year will maintain the same size as this year.
They believe that the NAND flash memory market growth momentum compared to DRAM has risen sharply is also one of the reasons for the positive outlook of the NAND market. The use of NAND is expanding not only in data centers and artificial intelligence (AI), but also in automobiles. The amount and specification of memory that has recently entered the automobile is increasing.
