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NAND Flash Market by Type, Application, Technology, and Geography - Global Forecast & Analysis 2019-2023

Global NAND Flash Market: About this market

Technavio’s NAND flash market analysis considers sales from both 3D NAND and 2D NAND types. Our report also finds the sales of NAND flash in the Americas, APAC, and EMEA. In 2018, the 3D NAND segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as integration of advanced technologies and components such as AI will play a significant role in the 3D NAND segment to maintain its market position. Also, our global NAND flash market report looks at factors such as growing investments in fabrication facilities, market growth through edge storage, and growing need for high-density storage to support smartphone applications. However, fluctuations in demand and supply, rising popularity of online streaming, and availability of substitutes may hamper the growth of the NAND flash industry over the forecast period.

Global NAND Flash Market: Overview

Growing need for high-density storage to support smartphone applications

Smartphones are being integrated with advanced technologies such as Al, facial recognition, fingerprint scanners, and voice recognition, and haptics. The rise in the adoption of internal memory has led to the removal of SD card dots in smartphones. Apple and Xiaomi are few of the popular vendors that do not provide SD card slots in their smartphones. The demand for internal memory in smartphones is rising due to the trend of taking sees and the increasing number of mobile application downloads. With the need for high-density storage to support next-generation smartphone applications, vendors are focusing on R&D activities to add innovative features in smartphones. Such factors will lead to the expansion of the global NAND flash market at a CAGR of over 3% during the forecast period.

Growing interest in eco-labeled products

Eco-labeling, such as carbon footprint and water footprint certification, in memory products, is a certification provided by regulatory bodies. For example, in South Korea, eco-labeling certification is approved by the Korea Environmental Industry & Technology Institute of the Ministry of Environment. This institute analyses and discloses environmental impact throughout the entire production process, from raw material supply to manufacturing. Vendors in the market are launching eco-friendly products and working on receiving the Environmental Product Declaration (EPD) certification for the products. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global NAND flash market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global NAND flash market is highly concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading NAND flash manufacturers, that include : ADATA Technology Co. Ltd., Cypress Semiconductor Corp., Intel Corp., Kingston Technology Co. Inc., Micron Technology Inc., Samsung Electronics Co. Ltd., SK Hynix, Inc., Toshiba Corp., Transcend Information Inc., Western Digital Corp.

Also, the NAND flash market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global semiconductor market
      • Table Segments of global semiconductor market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • 3D NAND - Market size and forecast 2018-2023
      • Table 3D NAND - Market size and forecast 2018-2023 ($ billions)
      • Table 3D NAND - Year-over-year growth 2019-2023 (%)
    • 2D NAND - Market size and forecast 2018-2023
      • Table 2D NAND - Market size and forecast 2018-2023 ($ billions)
      • Table 2D NAND - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Smartphones - Market size and forecast 2018-2023
      • Table Smartphones - Market size and forecast 2018-2023 ($ billions)
      • Table Smartphones - Year-over-year growth 2019-2023 (%)
    • SSDs - Market size and forecast 2018-2023
      • Table SSDs - Market size and forecast 2018-2023 ($ billions)
      • Table SSDs - Year-over-year growth 2019-2023 (%)
    • Memory cards - Market size and forecast 2018-2023
      • Table Memory cards - Market size and forecast 2018-2023 ($ billions)
      • Table Memory cards - Year-over-year growth 2019-2023 (%)
    • Tablets - Market size and forecast 2018-2023
      • Table Tablets - Market size and forecast 2018-2023 ($ billions)
      • Table Tablets - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by technology
    • Table Technology - Market share 2018-2023 (%)
    • Comparison by technology
      • Table Comparison by technology
    • TLC - Market size and forecast 2018-2023
      • Table TLC - Market size and forecast 2018-2023 ($ billions)
      • Table TLC - Year-over-year growth 2019-2023 (%)
    • MLC - Market size and forecast 2018-2023
      • Table MLC - Market size and forecast 2018-2023 ($ billions)
      • Table MLC - Year-over-year growth 2019-2023 (%)
    • SLC - Market size and forecast 2018-2023
      • Table SLC - Market size and forecast 2018-2023 ($ billions)
      • Table SLC - Year-over-year growth 2019-2023 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rise in number of strategic partnerships and acquisitions
    • Growing interest in eco-labeled products
    • Increasing popularity of flash-based storage drives
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
      • Table Vendor share 2018
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ADATA Technology Co. Ltd.
      • Table ADATA Technology Co. Ltd. - Vendor overview
      • Table ADATA Technology Co. Ltd. - Organizational developments
      • Table ADATA Technology Co. Ltd. - Geographic focus
      • Table ADATA Technology Co. Ltd. - Key offerings
    • Cypress Semiconductor Corp.
      • Table Cypress Semiconductor Corp. - Vendor overview
      • Table Cypress Semiconductor Corp. - Product segments
      • Table Cypress Semiconductor Corp. - Geographic focus
      • Table Cypress Semiconductor Corp. - Segment focus
      • Table Cypress Semiconductor Corp. - Key offerings
    • Intel Corp.
      • Table Intel Corp. - Vendor overview
      • Table Intel Corp. - Business segments
      • Table Intel Corp. - Organizational developments
      • Table Intel Corp. - Geographic focus
      • Table Intel Corp. - Segment focus
      • Table Intel Corp. - Key offerings
    • Kingston Technology Co. Inc.
      • Table Kingston Technology Co. Inc. - Vendor overview
      • Table Kingston Technology Co. Inc. - Product segments
      • Table Kingston Technology Co. Inc. - Organizational developments
      • Table Kingston Technology Co. Inc. - Key offerings
    • Micron Technology Inc.
      • Table Micron Technology Inc. - Vendor overview
      • Table Micron Technology Inc. - Business segments
      • Table Micron Technology Inc. - Organizational developments
      • Table Micron Technology Inc. - Geographic focus
      • Table Micron Technology Inc. - Segment focus
      • Table Micron Technology Inc. - Key offerings
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Vendor overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Organizational developments
      • Table Samsung Electronics Co. Ltd. - Geographic focus
      • Table Samsung Electronics Co. Ltd. - Segment focus
      • Table Samsung Electronics Co. Ltd. - Key offerings
    • SK Hynix Inc.
      • Table SK Hynix Inc. - Vendor overview
      • Table SK Hynix Inc. - Organizational developments
      • Table SK Hynix Inc. - Geographic focus
      • Table SK Hynix Inc. - Key offerings
    • Toshiba Corp.
      • Table Toshiba Corp. - Vendor overview
      • Table Toshiba Corp. - Business segments
      • Table Toshiba Corp. - Organizational developments
      • Table Toshiba Corp. - Geographic focus
      • Table Toshiba Corp. - Segment focus
      • Table Toshiba Corp. - Key offerings
    • Transcend Information Inc.
      • Table Transcend Information Inc. - Vendor overview
      • Table Transcend Information Inc. - Organizational developments
      • Table Transcend Information Inc. - Geographic focus
      • Table Transcend Information Inc. - Key offerings
    • Western Digital Corp.
      • Table Western Digital Corp. - Vendor overview
      • Table Western Digital Corp. - Organizational developments
      • Table Western Digital Corp. - Geographic focus
      • Table Western Digital Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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