Last updated on December 8th, 2022 at 02:00 pm
One company accounted for 47% of total revenue.
The global market for memory chips for smartphones in 2019 reached $ 39.3 billion. This value is given in the report prepared by the experts of the analytical company Strategy Analytics. Analysts named Samsung as the market leader, accounting for 47% of total revenue. It is followed by SK Hynix and Micron. In total, the three largest suppliers occupied almost 84% of the global smartphone memory market in 2019.
Strategy Analytics experts named the memory market leader for smartphones in 2019
Analysts note that the total revenue from the sale of NAND flash memory for smartphones for the year decreased by 29%, and from the sale of DRAM memory – by 27%. This is due to lower prices. The distribution of NAND and DRAM markets between manufacturers is shown in the diagrams.
It is expected that in the memory market for smartphones there will be a slowdown in demand for memory in the future due to interruptions in the global production of smartphones and a decrease in demand in the markets for end products due to the COVID-19 pandemic.