The global NAND flash memory market reached $42.815 billions in Q1, a quarter-on-quarter increase of 81.8%.

(1) According to data from CFM Flash Memory Market, the global NAND Flash market size in Q1 reached 42.815 billion USD. Demand for enterprise-grade SSDs has doubled and is still accelerating. Although consumer demand shows signs of weakness, the overall situation of supply shortfall remains unchanged. (2) The average price of NAND in Q1 grew significantly quarter-on-quarter, driving a continued quarter-on-quarter increase of 81.8% in the global NAND Flash market size for Q1. (3) Specifically, Samsung holds a market share of 29.7% and ranks first; SK Hynix has a 17.6% market share and ranks second; Kioxia has a 14.9% market share and ranks third; SanDisk holds a 13.9% market share and ranks fourth; Micron has an 11.7% market share and ranks fifth.