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NAND flash revenue in two key applications, solid state drives (SSDs) and video capture from digital video cameras (DVCs), will see compound annual growth rates (CAGR) of over 100% through 2012, reports. This is projected to overcome some of the weaknesses in other segments of the NAND flash market and drive overall growth to 30% CAGR.
“The top four applications for NAND flash will remain MP3 players and PMPs, mobile handsets, after-market cards, and USB Flash Drives, with a combined market share of over 80% over the next couple of years. This percentage will drop to about 70% by 2012, as solid state drives (SSDs) and video capture from digital video cameras (DVCs), grow in importance,” said Jim McGregor, an In-Stat analyst.
According to In-Stat, among the NAND flash market share leaders, including Samsung, Toshiba and Hynix, all lost market share in 2007. Smaller share competitors, Micron and Intel, each gained share.
Worldwide NAND flash revenues are likely to grow at a compound annual growth rate (CAGR) of 29.7% from 2007–2012 to reach $61 billion.
Worldwide NOR flash revenues will increase at a 6% CAGR from 2007 through 2012, In-Stat claims.
