The global memory market is expected to peak in 2027, reaching about 1,238 trillion won.
According to market research firm TrendForce on the 22nd, global memory market revenue is expected to reach $842.7 billion (about 1,238.35 trillion won) in 2027, up 53% from the previous year.
This year's memory market is projected at $551.6 billion, up 134% from the previous year ($235.4 billion). Of that, DRAM market revenue is estimated at $404.3 billion, a 144% surge from the previous year. TrendForce said, "Historically, the quarterly price increase has been around 35% at most, but in the fourth quarter of last year (2025), DRAM prices jumped 53–58% due to strong DDR5 demand."
Despite already high prices, memory demand from CSP (cloud service provider) corporations remains strong, and the price uptrend is expected to continue. TrendForce said, "In the first quarter of this year, DRAM prices will rise more than 60%, and some items will climb to nearly double."
This year's NAND flash market revenue is forecast at $147.3 billion, up 112% from a year earlier. TrendForce expects NAND prices in the first quarter to rise 55–60% from the previous quarter and analyzed that the uptrend will continue through year-end.
TrendForce said, "Supported by sustained demand for artificial intelligence (AI) servers, high-performance computing, and enterprise storage, contract prices for DRAM and NAND flash will rise through 2027," adding, "As a result, revenue growth in the memory industry is expected to keep expanding through 2027, further solidifying its position as a key beneficiary industry in the AI era."