target audience: TECH SUPPLIER Publication date: Apr 2023 - Document type: Market Share - Doc Document number: # US50523823
Worldwide NAND Flash Market Shares, 2022: Demand Collapse Started Deep Downcycle
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Abstract
This IDC study examines the market share for the worldwide NAND market for 2022 and reviews the forces and dynamics that influenced the market.
"The NAND market revenue decreased 12.8% in 2022. Demand-driven market correction started in the second half. Inventory soared, and market pricing reached below cash cost within a half year. Every player came to struggle for survival," says Soo Kyoum Kim, associate vice president, IDC's Semiconductors Research Program.