Is forecast by Allied Market Research, the market for flash memory 3D NAND in 2022 will exceed 39 billion dollars

The development of bulk packaging cells opened the way to higher density flash memory while maintaining technological standards. This is due to the interest of the producers to flash memory 3D NAND. Although, according to analysts at Allied Market Research, 3D NAND and will not replace 2D NAND completely, the volume of its production in the coming years will continue to grow.

If in 2015, the 3D NAND market is estimated at 5.2 billion dollars by 2022 it will exceed 39 billion dollars. These indicators correspond to average annual growth of 33.7% in the period from 2016 to 2022.

A large part of the flash memory 3D NAND used in consumer electronics and in the geographical distribution leads the Asia-Pacific region, which in 2015 accounted for more than 43% of all shipments. This is not surprising, since this region is part of China (its share in the region — 33%). The main producers of flash memory are Samsung Electronics, Toshiba, SK Hynix, Micron, Intel and SanDisk.

Source: Allied Market Research

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