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Date: 16/06/2022

The complete semiconductor memory market in brief for the year 2022

The storage capacity of semiconductor memory is growing in proportional to the growth of generated data whose storage volume is running in the range of hundred of zetta bytes. Latest three-dimensional multi-storey structured high density NAND flash memory made using semiconductor nodes of 5 nm and lower is replacing nearly all kinds of older other backup memory technologies including magnetic and optical.

High-performance artificial intelligence based computing demand large sizes of DRAM memory. Servers, personal computers, smart phones, and industrial computers are updated with large DRAM capacities to enhance the performance of computing in these devices. DRAM also uses nearly similar manufacturing technology what NAND flash memories uses to increase density of storage.

NOR Flash memory is used to store the software program of embedded systems. Manufacturers of microcontrollers and SOC chips are trying to integrate larger NOR Flash memory capacity on-chip. Also the slow growth of size of software code is no way comparable to exponential growth of data. Due to these reasons, growth of external NOR Flash memory chips is not that proportional compared to growth of NAND Flash memories.

The another major semiconductor memory SRAM is nearly part of processor. More and more SRAM is made available on the chip. When internal SRAM space is not sufficient, this cache-memory-purpose serving memory still used as external memory. SRAM market by revenue is growing negative among all semiconductor memories.

Here in this short article, we try to provide you short market research data of total semiconductor memory, DRAM, NAND Flash, NOR Flash, SRAM memories and some advanced emerging memory technologies.

The total semiconductor memory market is estimated to grow over $260 billion in 2027. The DRAM and NAND market revenues are expected to reach US$158.5 billion and US$96 billion in 2027, as per market researcher Yole.

Yole also estimates DRAM to grow to US$118 billion, up 25%. NAND flash memory will reach US$83 billion, up 24%, in 2022.

Yole finds NOR flash market strongly emerged in year 2021 with revenues grew to US$3.5 billion, up 43%. The growth drivers for NOR flash includes consumer and the IoT , automotive, telecom, and infrastructure.

To share you some market research data from other market researchers:

The SRAM memory market was valued at US$ 420 million in 2019 and is expected to reach US$ 372.97 million by 2025, at a CAGR of -1.96% over the forecast period 2020 - 2025.

Speciific study on automotive memory market by BlueWeave Consulting finds an automotive memory market of $3,475.3 million in 2021 and is to grow up to USD 17,250.6 million by the year 2028, at a CAGR of 23.9% over this period.

Global Industry Analysts estimates Phase Change Memory (PCM) market of US$678.5 million in year 2022, and to reach US$3.9 Billion by 2026, at a CAGR of 46.7% over this period.

Coughlin Associates shares in its online brief that:
3D Xpoint memory, with significant gigabyte shipments in 2020-2021, and with its important price advantage versus DRAM, will grow to a baseline level of 552EB (exabytes) of shipping capacity by 2031. 3D Xpoint baseline revenues are
projected to reach $20.6B by 2031. Coughlin forecast the total MRAM and STT MRAM baseline annual shipping capacity to grow from an estimated 40TB in 2020 to 991PB in 2031. Total MRAM and STT-RAM baseline revenues are estimated by Coughlin to increase from $43M in 2020 to about $24B by 2031.

Market Research future reports the FRAM Market market is forecasted to achieve USD 343.2 MN by 2025, at a 3.78% CAGR.

Author: Srinivasa Reddy N
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