Worldwide NAND Flash Demand and Supply Forecast, 4Q23–4Q24 and 2024–2028: Upcycle Starts

IDC Market Forecast Figure

• Figure: Worldwide NAND Flash Revenue Snapshot

Executive Summary

Advice for Technology Suppliers

Market Forecast

• NAND Demand Side

• Equipment Shipment Forecast

• Figure: Worldwide Electronic Equipment Production by Application, 1Q23–4Q24

• Figure: Worldwide Electronic Equipment Production by Application, 2023–2028

• Content-per-System Forecast

• Table: Worldwide NAND Content by Application, 1Q23–4Q24 and 2023–2028 (GB)

• Application's NAND Share Forecast

• Table: Worldwide NAND Demand Bit Share by Application, 1Q23–4Q24 and 2023–2028 (%)

• NAND Supply Side

• Wafer Output Forecast

• Table: Worldwide NAND Wafer Output Forecast, 1Q23–4Q24, 2023 and 2024 (KU)

• NAND Demand and Supply Forecast

• Table: Worldwide NAND Demand and Supply Summary, 1Q23–4Q24 and 2023–2028 (GB in BU)

• Density Shipment Forecast

• Table: Worldwide NAND Shipment by Density, 1Q23–4Q24 and 2023–2028 (M)

• NAND Pricing Forecast

• Table: Worldwide NAND Pricing and Revenue, 1Q23–4Q24 and 2023–2028 ($)

• Interface Mix Forecast

• Table: Worldwide NAND Bit Share by Interface, 1Q23–4Q24 and 2023–2028 (%)

Market Context

• Drivers and Inhibitors

• Drivers

• SSD Market Will Continue to Lead Bit Growth

• Low Utilization of Fabs Will Drive Bit Supply Shortage in Market Upcycle

• Inhibitors

• System Demand Saturation Will Be a Bottleneck in the Long Term

• U.S. Technology Ban Will Damage Both United States and China at the Same Time

• Significant Market Developments

• Changes from Prior Forecast

• Table: Worldwide NAND Revenue, 2019–2028: Comparison of April 2023 and April 2024 Forecasts ($M)

• Figure: Worldwide NAND Revenue, 2019–2028: Comparison of April 2023 and April 2024 Forecasts

Market Definition

Methodology

Related Research