For NAND, hopes of a second-half 2019 market rebound are shrinking as the anticipated demand recovery continues to be elusive and supplier inventory levels remain elevated.

DRAM and NAND account for 97% of the overall stand-alone memory market, says Yole, their revenues hit a record high of around $160 billion in 2018, for a CAGR of 32% between 2016 and 2018.

However a hit to demand and over-capacity have hit revenues and profits.

In the long-term, NAND and DRAM revenues are forecast to grow with 4% and 1% CAGR respectively, between 2018 and 2024.

This is thanks to ever-growing bit demand fueled by novel AI/IoT applications and systems, such as smart cities, connected homes and intelligent factories, smartphones and Echo-like personal assistants, virtual and augmented reality and autonomous vehicles.

All these rely on a massive amount of data and on the networks that connect them all.

So the coming rollout of 5G wireless technology will be critical for their future market expansion.

Servers and enterprise SSDs for datacenters are the most important bit-consuming systems for DRAM and NAND memory, respectively.

On the other hand, automotive is the fastest growing segment. The amount of bits in cars is expected to grow by orders of magnitude due to increasing penetration of ADAS for autonomous vehicles.

Notably, eNVM started making inroads into the SCM market with the introduction in 2017 of Intel’s Optane PCM products.

As the new generations of Xeon server CPUs are conceived to be compatible with the new Optane persistent memory modules (NVDIMM), Intel might be able to gain significant business at the expense of Samsung and SK Hynix, who are now getting ready with their own PCM products.

By: DocMemory
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