Worldwide NAND Flash Demand and Supply Forecast, 4Q22–4Q23 and 2023–2027: Downcycle Extends
This IDC study presents an outlook for the NAND market for 2023–2027. The NAND industry dynamics and the application forecast changes are aggregated, analyzed, and applied to this long-term NAND forecast in terms of units, revenue, and content per system for each application segment."Demand-driven market correction started in 2H22. Inventory soared and market pricing reached below cash cost within a half year. Every player starts to struggle for survival. The next upcycle will start in 2025. But the correction could be longer without consolidation." — says Soo Kyoum Kim, associate vice president, IDC's Semiconductors research program
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
NAND Demand Side
Equipment Shipment Forecast
Content-per-System Forecast
Application's NAND Share Forecast
NAND Supply Side
Wafer Output Forecast
Demand and Supply Forecast
Density Shipment Forecast
NAND Pricing Forecast
Interface Mix Forecast
Market Context
Drivers and Inhibitors
Drivers
SSD Market Will Continue to Lead Bit Growth
Technology Difficulties Will Make Chip Makers Find Own Optimal Way for Bit Supply
Inhibitors
System Demand Saturation Will Be a Bottleneck in the Long Term
U.S. Technology Ban Will Damage Both the United States and China at the Same Time