News Article
NAND market forecast to outgrow NOR
NAND is set to overtake NOR and become the second-largest memory market after DRAM, according to Semico Research.
NAND is set to overtake NOR and become the second-largest memory market after DRAM, according to Semico Research.
Although the NAND sector – like other memory product segments – is currently experiencing a price slide as a result of industry-wide over-capacity and new competitors, it is set to growth rapidly in coming years.
Semico Research predicts that the NAND market will reach US$38.9 billion in 2008, before slipping back in 2009. To put this figure into perspective, the DRAM market in 2004 was valued at US$26.8 billion.
"Since its inception NAND has consistently enjoyed an annual megabyte growth greater than 100%, the highest of any memory technology in history," said Jim Handy, Semico director of non-volatile memory services.
"This growth has been fuelled by the digital camera market, camera phones, USB flash drives and MP3 players. When this extreme megabyte growth encounters periods of stable pricing, revenues explode."
Although the NAND sector – like other memory product segments – is currently experiencing a price slide as a result of industry-wide over-capacity and new competitors, it is set to growth rapidly in coming years.
Semico Research predicts that the NAND market will reach US$38.9 billion in 2008, before slipping back in 2009. To put this figure into perspective, the DRAM market in 2004 was valued at US$26.8 billion.
"Since its inception NAND has consistently enjoyed an annual megabyte growth greater than 100%, the highest of any memory technology in history," said Jim Handy, Semico director of non-volatile memory services.
"This growth has been fuelled by the digital camera market, camera phones, USB flash drives and MP3 players. When this extreme megabyte growth encounters periods of stable pricing, revenues explode."
