NAND Flash Memory Market Share

Market Share of NAND Flash Memory Industry

The NAND flash memory market is dominated by major vendors, such as Intel, Micron Technology, Samsung Electronics, SanDisk, SK Hynix, and Toshiba. As the entry barriers in the market are high, the entry of new players is difficult. The existing vendors in the market are investing heavily in the R&D of new and innovative products.

• December 2021 - SK Hynix announced the acquisition of Intel's NAND unit for an investment of USD 9 billion. The company aims to focus on completing another integration process by 2025. Thus, such developments are driving the market.
• November 2021 - Mercury Systems Inc. announced the launch of the NAND flash non-volatile memory device. The new device features a plastic ball-grid array (BGA) package to meet NASA's EEE-INST-002 space-grade application guidelines for ultra-high density memory storage applications in high-radiation environments like space.

NAND Flash Memory Market Leaders

1. Samsung Electronics Co. Ltd

2. KIOXIA Corporation

3. Micron Technology Inc.

4. SK Hynix Inc.

5. Intel Corporation

*Disclaimer: Major Players sorted in no particular order