target audience: TECH SUPPLIER Publication date: Apr 2023 - Document type: Market Forecast - Doc Document number: # US50568423
Worldwide NAND Flash Demand and Supply Forecast, 4Q22–4Q23 and 2023–2027: Downcycle Extends
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Abstract
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