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  • Published On : Jun 2022
  • Code : CMI5061
  • Industry : Semiconductors
  • Pages : 175
  • Formats :

NAND Flash is a type of non-versatile storage machinery which do not need power to obstruct the data. The chance of study fills various forms of NAND flash that are accessible in the market, like SLC, TLC, MLC and QLC developed on various structures like 2D or 3D constructions. It is filled by the customers with the help of Smart phones, SSD, memory cards as thought in the survey.

Statistics:

The global NAND FLASH MEMORY market was valued at US$ 66.52 Bn in 2021 and is forecast to reach a value of US$ 112.0 Bn by 2030 at a CAGR of 5.6% between 2022 and 2030.

Figure 1: Global NAND Flash Memory Market Value (US$ Mn) Analysis and Forecast, 2017 - 2030

NAND Flash Memory  | Coherent Market Insights

Asia Pacific held a dominant position in the Global NAND Flash Memory Market Share in 2021

Statistics:

Asia Pacific held a dominant position in the global NAND flash memory market in 2021, accounting for 46.0% share in terms of volume, followed by North America region

Figure 2: Global NAND Flash Memory Market Share (%), By Region, 2021

NAND Flash Memory  | Coherent Market Insights

Key Developments:

In June 2021, The Company’s 6G TLC V-NAND MEMORY FLASH was utilized in the ZNS SSDs for enhanced quality of facilities and services for the data centers. Moreover, the new ZNS approved will be capable to provide 2TB and 4TB with the 6G V-NAND flash drives.

In JUNE 2021, the company declared that it has been started as mass shipping the globe’s first 176-layer NAND Universal Flash Storage 3.1 mobile solution. Micron’s UFS 3.1 Discrete mobile NAND memory modified to the high end and flagship mobiles to unlock the strength of the 5G long with series write and random speeds till 75% comparatively to the earlier generation.

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NAND Flash Memory Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 66.52 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 5.6 % 2030 Value Projection: US$ 112.0 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: SLC (One Bit Per Cell), MLC (Two Bit Per Cell), TLC (Three Bit Per Cell), QLC (Quad Level Cell)
  • By Structure: 2-D Structure, 3-D Structure
  • By Application: Smartphone, SSD, Memory Card, Tablet, Other Applications
Companies covered:

KIOXIA Corporation, Cypress Semiconductor Corporation (Infineon Technologies), SK Hynix Inc., SanDisk Corp. (Western Digital Technologies Inc.), Powerchip Technology Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Yangtze Memory Technologies and Micron Technology Inc.

Growth Drivers:
  • Rising demand for the data centers
  • Rising use of 5G and IoT 
Restraints & Challenges:
  • Reliability issues
  • Data retention

Market Drivers:

Driver 1:

The rising need for the memory appliances buoyed with the need of data centers for the memory is anticipated to fuel growth of the NAND FLASH MEMORY market. Moreover, the need for the data centers is being fueled by the rising demand for the huge performance for computing and also the edge computing, cloud applications and big data.

Driver 2:

The increasing adoption of machine learning and the AI bolsters the vendors to choose for the quicker and rapid huge data capabilities. The rise of further completed by the quick adoption of the remote work and also the educational classes and also the online medical help at the time of pandemic.

Market Restraint:

Restraint 1:

The dependability stored data is an enhanced facet for any memory appliances. Flash memories endure from the phenomenon known as thee bit-flipping , where few bits might get reversed back, this scene is further much usual in NAND Flash than in NOR Flash. Yet for the yield considerations is expected to hinder the growth of the global NAND FLASH MEMORY.

Restraint 2:

Bad block management, is hence a particularly ability for the NAND Flash. On contrary NOR flash is delivered with the zero bad blocks with very less bad block gathering over the life span of the memory. Thus, when it is the chance of dependability of the stored data NOR Flash has the ability over the NAND flash which is anticipated to hinder the growth of the global NAND FLASH MEMORY market.

Market Opportunities:

Opportunity 1:

Currently, Kioxia, called as Toshiba Memory, has stated that they designed a successor or the developer of the 3D NAND Flash which can create an expanded storage capacity comparatively to the QLC NAND Flash. It is the globe’s first 3D semi- circular diversified gate flash memory cell constriction and is also known as Twin BiCS Flash. This technology permits the memory chips to have smaller cell and much storage which is anticipated to provide lucrative growth to the global NAND FLASH MEMORY market.

Opportunity 2:

The newer technology with the Twin BiCS Flash is yet the new research and development segment and is executed in the future cohort. Since the BiCS 128 layer NAND flash chips are strategic to be released in 2020, the producers such as SK Hynix and Samsung have crossed the 100 layer milestone in 2019 with the 128 layer 4D NAND and V-NAND v6 

Market Key Takeaways/Trends:

Trend 1:

The capacity of the digital information is rising at a forecast pace, as mobile appliances are being even much embedded in daily lives of the people whereas the digital solutions are still progressing to change the traditional method. Furthermore, with the rise in 5G technology, the potential development in the global data section is projected to show no indications of obstruction.

Trend 2:

NAND Flash’s further predictability revolves near the same number of bits per every cell and since the past years the usage of the quad stage cells NAND with the four bpc, cohort and assists to expand its technological lead prior to the competition such as intel has stated adopting connection to a double stack process in its 3D NAND Flash producing which will develop to 196 layers in 2023. 

Competitive Landscape:

Major companies included in the global NAND FLASH MEMORY market are KIOXIA Corporation, Cypress Semiconductor Corporation (Infineon Technologies), SK Hynix Inc., SanDisk Corp. (Western Digital Technologies Inc.), Powerchip Technology Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Yangtze Memory Technologies and Micron Technology Inc.

NAND Flash saves information as it blocks and depends on the electric circuits to save the information. When the power is disconnected from NAND flash memory, a metal-oxide semiconductor will supply of an additional charge to the memory cell, making the data. The metal-oxide semiconductors basically utilized is a FGT. The FGTs are known as similar to the NAND logic gates.

Market Dynamics:

Vendors or the sellers are also releasing the NAND Flash drivers that assists the 5G enabled mobile phones and the tabs is projected to drive the growth of the global NAND Flash memory market. For instance, in July 2021Micron technology declared today it has the capacity shipments of the global first 176 layer NAND USF 3.1 MOBILE Solutions. Engineered for the high end and the flagship mobiles.

SLC based drives provide better durability and the endurance while being costly as per Giga byte than the MLC Based drives , anyhow the MLC drives have a very low and shorter span of life than the SLC drives mainly difficult when stored at increasing temperatures are anticipated to hamper the growth of the global NAND Flash memory market.

PLC is other density rising step for NAND flash, wherein every NAND cell have five bits written into it rising the amount of data accessible in the same NAND footprint. To get these 5 bits, every cell must store one of the 32 voltage states which is further stated to flash controller of which the corresponding data bits are stored thereby.

Key features of the study:

  • This report provides in-depth analysis of the global NAND Flash memory market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global NAND Flash memory market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Major companies included in the global NAND FLASH MEMORY market are KIOXIA Corporation, Cypress Semiconductor Corporation (Infineon Technologies), SK Hynix Inc., SanDisk Corp. (Western Digital Technologies Inc.), Powerchip Technology Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Yangtze Memory Technologies and Micron Technology Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global NAND Flash memory market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global NAND FLASH MEMORY market.

Detailed Segmentation:

  • Global NAND Flash Memory Market, By Type:
    • SLC (One Bit Per Cell)
    • MLC (Two Bit Per Cell)
    • TLC (Three Bit Per Cell)
    • QLC (Quad Level Cell)
  • Global NAND Flash Memory Market, By Structure:
    • 2-D Structure
    • 3-D Structure
  • Global NAND Flash Memory Market, By Application:
    • Smartphone
    • SSD
    • Memory Card
    • Tablet
    • Other Applications
  • Global NAND Flash Memory Market, By Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa

Frequently Asked Questions

The Global NAND Flash Memory Market is estimated to be valued at US$72.69 Bn in 2022 and is expected to exhibit a CAGR of 5.6 % between 2022 and 2030.
The rising demand for the data centers is anticipated to drive the growth of the Market.
The TLC (Three-Bit Per Cell) is the leading type segment in the market.
Reliability issues is the key factor hampering the growth of the market
Major companies included in the market are KIOXIA Corporation, Cypress Semiconductor Corporation (Infineon Technologies), SK Hynix Inc., SanDisk Corp. (Western Digital Technologies Inc.), Powerchip Technology Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Yangtze Memory Technologies and Micron Technology Inc.

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