The Market Reports

Synopsis
The global market for NAND Flash Memory and DRAM was estimated to be worth US$ 167141 million in 2024 and is forecast to a readjusted size of US$ 239360 million by 2031 with a CAGR of 5.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on NAND Flash Memory and DRAM cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
NAND Flash Memory is a type of non-volatile storage technology that retains data without power. It is widely used in SSDs, USB drives, and memory cards due to its high density, cost efficiency, and sequential read/write speed advantages. Unlike DRAM, NAND has limited write endurance but offers persistent storage.
DRAM (Dynamic Random-Access Memory) is a volatile memory technology that provides high-speed data access for active computing tasks. It requires constant power to retain data and is used in system memory (RAM) for CPUs and GPUs. DRAM offers much faster access times than NAND but loses data when powered off.
The NAND Flash market is primarily driven by explosive demand from AI and data centers, where large-scale model training, edge computing, and cloud storage expansion are fueling rapid growth in enterprise-class high-capacity SSDs, particularly QLC and upcoming PLC NAND technologies. Additionally, strong storage upgrade demand in consumer electronics—such as the accelerated adoption of 1TB+ storage in smartphones, the Windows 12-driven PC refresh cycle, and expanded storage needs in gaming consoles—further stimulates NAND demand. Moreover, the 3D NAND layer race (e.g., YMTC's 294-layer production) and the commercialization of PLC technology are significantly reducing per-unit storage costs, pushing the market toward higher density and lower-cost solutions.
On the technology front, QLC/PLC NAND is gaining market share rapidly and is expected to become the mainstream solution post-2025, while 300+ layer 3D NAND production is accelerating, further optimizing storage density and performance. Market-wise, after hitting bottom in 2024, the NAND market is entering a phase of moderate growth with more stable pricing. However, capacity expansions by Chinese players like YMTC could intensify competition and reshape the global supply landscape. In terms of applications, AI server demand for high-capacity SSDs is growing at over 20% annually, shifting the market structure toward enterprise use, while consumer markets prioritize cost efficiency and capacity upgrades.
The DRAM market is primarily propelled by surging AI computing demand, where HBM (High Bandwidth Memory) has become a standard for GPUs and AI accelerators. The 2025 rollout of HBM3E and HBM4 will significantly enhance DRAM value-add and technical barriers. Concurrently, the DDR5 upgrade cycle is in full swing, with PC and server platforms transitioning to DDR5, delivering over 50% performance gains and expected to exceed 60% penetration by 2025. Major players like Samsung and SK Hynix are strategically reallocating capacity, reducing traditional DRAM supply to focus on high-margin HBM and LPDDR5X products, thereby optimizing supply-demand dynamics.
Technologically, HBM4—slated for 2026—will stack up to 12 layers and exceed 1.5TB/s bandwidth to meet next-gen AI chip demands, while 1β and 1γ nm processes will further improve density and power efficiency. Market-wise, DRAM supply constraints in 2024–2025 could drive price hikes of 15–20%, though CXMT's technological catch-up may trigger long-term pricing pressures. In applications, AI server DRAM capacity demand is growing at over 30% annually, while the mobile market will enter a new upgrade cycle with LPDDR6 (2027), making high performance and low power consumption core future priorities.
This report aims to provide a comprehensive presentation of the global market for NAND Flash Memory and DRAM, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of NAND Flash Memory and DRAM by region & country, by Type, and by Application.
The NAND Flash Memory and DRAM market size, estimations, and forecasts are provided in terms of sales volume (M GB) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NAND Flash Memory and DRAM.
Market Segmentation
By Company
Samsung
SK Group
Kioxia
Micron
WDC
YMTC
Segment by Type
NAND Flash Memory
DRAM
Segment by Application
Smartphone
PC
SSD
Severs
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of NAND Flash Memory and DRAM manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of NAND Flash Memory and DRAM in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of NAND Flash Memory and DRAM in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index