Global NAND Flash market size reached $42.815 billion, with a month-on-month growth of 81.8%.

According to CFM flash market data, the global NAND Flash market size in Q1 was 42.815 billion US dollars. Demand for enterprise SSDs doubled and continues to accelerate, despite signs of weakness in consumer demand. The overall situation remains one of supply shortage. In Q1, NAND ASP saw a significant increase, leading to an 81.8% increase in the global NAND Flash market size in the first quarter. Specifically, Samsung holds a market share of 29.7%, ranking first; SK Hynix holds a market share of 17.6%, ranking second; Kioxia holds a market share of 14.9%, ranking third; SanDisk holds a market share of 13.9%, ranking fourth; and Micron holds a market share of 11.7%, ranking fifth.