Flash memory is an electronic non-volatile computer memory storage medium that can be electrically erased and reprogrammed. NAND is a subcategory of flash memory and is a nonvolatile storage technology that does not require power to retain data. NAND memory uses floating-gate transistors to store information without a power supply. NAND, especially when part of a Solid State Drive (SSD) is a faster, more reliable replacement of the magnetic disks used in Hard Disk Drives (HDD). While NAND is considerably more expensive than traditional hard drives, its price has been steadily falling.
NAND Market growth in dollar terms has been slow in the past year because of oversupply issues. However, unit sales of NAND have been quickly increasing. The market is expected to see a steady uptick in growth in 2020 and beyond as supply and demand stabilize, solid-state drive (SSD) adoption continues, and 5G drives ever-increasing storage needs both locally on smartphone and IoT devices, and remotely in Data Centers. The current macro trends of growth in AI and machine learning, mobility, and connectivity are further favorable growth drivers for the NAND market.
Market research firms generally agree on NAND Market Size, moderately disagree on NAND Market Share and agree moderately on the growth prospects of the NAND market. NAND sales are typically well reported by the major producers and there are a number of research firms that track NAND production and capacity. For a complete evaluation of the NAND Market and NAND Industry Statistics, T4 recommends exploring all available sources. T4 aggregated and organized the data from these sources on the T4 Industry Research Platform. See each source's view of the NAND Market, NAND Market Size, and NAND Market Share on the T4 Platform.
T4 comprehensively aggregated more than 40 reports from more than a dozen publishers covering statistics and trends in the NAND market. This includes NAND Price, NAND Market Share, NAND Production, Revenues by Region, and more than 10 additional statistics. The NAND market falls under T4's Storage industry coverage. Industries related to the NAND Industry in the T4 taxonomy include Solid State Drives (SSDs), Optical Disk Drives, Hard Disk Drives (SSDs), NVME, Storage, Enterprise Storage, Enterprise SSDs, NAND Memory Card, and Smartphone NAND. You can find reports covering these industries on T4’s Platform.Schedule a Demo