target audience: TECH SUPPLIER Publication date: Apr 2024 - Document type: Market Share - Doc Document number: # US51978824
Worldwide NAND Flash Market Shares, 2023: Struggle for Survival
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Abstract
This IDC study examines the market share for the worldwide NAND flash market for 2023 and reviews the forces and dynamics that influenced the market.
"The NAND flash market revenue decreased 35.4% in 2023. Demand collapsed. Inventory glut became uncontrollable. Unprecedented production cuts continued. Pricing reached below cash cost. Every player struggled for survival," says Soo Kyoum Kim, associate vice president, Semiconductors research program, IDC.