Major listed companies in the industry:(688981), (603986), (002049), (688766), (688123), (688008), (300223), etc.

Core data of this article:NAND FLASH market size, competitive landscape, and forecast prospects

1, NAND FLASH development overview

From SLC to QLC, the data that each memory cell can store has increased from 1 bit to 4 bits, and the state has increased from 2 to 16, and the storage space has increased rapidly. In the past, NAND Flash was a 2D planar structure. In contrast, 3D NAND uses multi-layer vertical stacking technology, which has larger capacity, lower power consumption, better durability and lower cost. At present, 3D technology is steadily advancing, and the future development direction is the continued stacking of layers.

with the progress of 3D NAND flash memory technology, semiconductor manufacturers that attach importance to memory chips such as Samsung Samsung, hynix SK Hynx, western data WD, meiguang Micron, armored man Kioxia, Intel and other semiconductor manufacturers that attach importance to memory chips have tasted the benefits. judging from the development trend of global semiconductor manufacturers, semiconductor manufacturers that have made great efforts to innovate in the field of memory chips and have also achieved good revenue growth. This has also brought about an arms race in the field of memory chip manufacturing, commonly known as the Gai Lou Competition in the industry.

according to the technical road map of global NAND flash memory manufacturers, Samsung, Hynx and Megon all plan to launch 128 layer (TLC/QLC) in 2020, and QLC will gradually develop and become the mainstream after 2020. After 2018, China's Yangtze River storage technology appeared in the world's view. Chinese NAND Flash manufacturer Yangtze River Storage (YMTC) has sent 128-layer 3D NAND samples to storage controller manufacturers in the first quarter of 2020. At present, the production capacity and output are in the stage of improvement.

2. NAND FLASH Market Size

Global NAND flash memory chip sales will reach $66.9 billion billion in 2021, up 18.20 percent year-over-year. With consumer electronics demand cooling, sales will reach $58.7 billion billion in 2022, down 12.26 percent year-over-year.

currently, the global NAND market is mainly concentrated in the United States, China, Europe and Japan, with a total market share of 79% in the four regions. thanks to the demand for smart phones, China accounts for the largest market sales of NAND flash memory in the world. according to Yole, China's NAND flash memory market accounts for 33% of the world's sales in 2022.

3. NAND FLASH Market Competition Pattern

The NAND Flash market is more competitive than DRAM. On the supply side, Samsung, Jianxia, Meguang, Western Electronics, Hynex and other manufacturers occupy a large share, with Samsung accounting for 34%, Jianxia Electronics 19% and WDC 14% in 2021, as follows:

4. NAND FLASH market trends and development prospects

-- NAND FLASH Market Trends: 3D

3D is the main trend leading the development of NAND flash memory. All major NAND flash memory manufacturers are increasing their research and development efforts on 3D stacking to increase the storage density of flash memory as much as possible.

-- NAND FLASH Prospects

Flash memory has become an important part of smart phones. The demand for NAND flash memory is growing exponentially, mainly driven by the average smartphone capacity growth. Smartphone NAND flash memory can significantly improve the performance of social networking sites such as web browsing, email loading, gaming and even Facebook. With the popularity of smartphones, companies are adding additional features and applications to differentiate their products from other manufacturers. For example, manufacturers are integrating functions such as gesture control, fingerprint scanners, and GPS into devices, which has boosted the demand for NAND flash memory. The market size of NAND FLASH is expected to be about $104 billion in 2028.

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