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NAND and SSD Market Continues to Struggle in 1Q23

Unit shipments dropped 15% Q/Q to 64 million, exabytes down by 13.2%, to 57.

Analysts from Trenfocus, Inc. published on May 9, 2023 a report, NAND/SSD Information Service CQ1 ’23 Quarterly Update – Executive Summary.

NAND and SSD Markets Continue to Struggle in CQ1 ’23 with Units and Exabytes Declining Sequentially
Data center contraction contributed to the declines to start 2023

  • Overall unit shipments dropped 15.1% Q/Q to 64.25 million, with exabytes also down, by 13.2%, to 57.06.
  • Enterprise PCle was hit especially hard.
  • SAS SSDs were a bright spot for the enterprise segment.
  • Enterprise SATA SSDs also experienced significant declines.
  • Client SSDs rose slightly.
  • Total NAND bit shipments declined 2.3% from the previous quarter to 148.19EB.

CQ1 ’23 SSD Market Share, by Supplier, Units (Million), Exabytes

Total SSD Market: 64.254 Million Units
Trendfocus Ssd 1q23 F1

Total SSD Market: 57.064EB
Trendfocus Ssd 1q23 F2

Note: Preliminary data – values may change

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