CFMS | MemoryS 2024 has come to a successful conclusion, during which important speeches were delivered by Samsung Electronics, Changjiang Storage, SK Hynix, Solidigm, Armor, Micron, Qualcomm, Huirong Technology, Electronic Components and Integrated Circuit International Trading Center, Intel, Arm, Jiangbolong Electronics, Qunlian Electronics, Decisive, Yiding International, Lianyun Technology, Yiheng Chuangyuan, Dapu Micro, Hongmao Micro, China Telecom, and CFM flash memory market.
CFM flash memory market
Looking back at the past few years, the storage market has fallen into a downward cycle due to unfavorable factors such as weak terminal demand, high inventory in the industry chain, and the impact of the epidemic. Many companies have seen their profits decline one after another, and even storage factories cannot avoid being hit hard. Ultimately, this problem ended with original factories voluntarily reducing production. On the occasion of the industry's headwinds, Mr. Tai Wei, General Manager of Shenzhen Flash Memory Market Information Co., Ltd., gave a profound summary of the industry's development on the theme of "Storage Cycle, Stimulating Potential" at CFMS | MemoryS 2024.
Mr. Tai Wei stated that after two consecutive years of decline, the storage market size will return to normal in 2024, and storage prices will show a steady upward trend this year. Thanks to advanced technology and the application of emerging markets, the storage industry is moving from a "price" to a "value" cycle.
According to CFM flash memory market data, it is expected that NAND FLASH will exceed 800 billion GB equivalent in 2024, an increase of 20% compared to last year, while DRAM growth will reach 15%, expected to reach 237 billion GB equivalent. It is expected that the storage market size will increase by more than 42% year-on-year this year.
Due to the rapid growth of market demand, the competition in the storage market is gradually intensifying in 2024, with more intense competition in high profit products. As a result, each company will actively promote the development of new technologies, thereby promoting the sustainable development of the industry. In terms of technological evolution, in 2023, various enterprises have launched NAND Flash products with more than 200 layers of stacking. This year, they are also moving towards 300 layers, and the capacity of flash products will be further increased; And bonding technology is gradually entering the mainstream, allowing storage chip design to achieve more special effects, thereby effectively stimulating storage potential; DRAM technology is also rapidly developing, and 1b DRAM products will become the current mainstream technology, and the next generation technology will also be launched in the next two years.
From the perspective of the application market, mobile phones, PCs, and servers are still the three main application markets for storage. However, unlike before, under the requirements of AI technology, it has put forward new storage requirements for the three main application markets, thereby promoting the steady development of the storage market.
It is worth noting that the development of the automotive market will also drive the development of the storage market, especially in today's accelerated implementation of autonomous driving. The performance and capacity requirements of intelligent vehicles for storage will also increase sharply, and single vehicle storage capacity will soon enter the TB era. It is expected that the scale of the global vehicle level storage market will increase
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