Global NAND market revenue will reach US$46 billion in Q1 2026, and Yangtze Memory’s share will rise to 13%

[ Gearbest Technology News]On June 3, according to the latest “NAND Flash Memory Tracking Report” released by market research organization Counterpoint Research, the global NAND flash memory storage market revenue in the first quarter of 2026 reached a staggering US$46 billion. Not only did it nearly double the month-on-month growth, but the year-on-year growth rate was as high as 3.5 times, reproducing the previous strong growth momentum of the DRAM market. This milestone data marks that the large-scale deployment of AI infrastructure has become the core engine driving the storage industry.

Yangtze River Storage

The report points out that the core driving force for market growth comes from artificial intelligence, especially the transformation from traditional AI to Agentic AI. Demand for enterprise-class solid-state drives for data center servers has surged, accounting for 43% of the total NAND market in the first quarter of 2026, and is expected to exceed 60% by the end of the year. Strong demand has directly pushed up NAND product prices, driving overall industry revenue growth for several consecutive quarters. Revenue for this quarter alone has exceeded the level for the whole of 2023.

In terms of market structure, Samsung Electronics continues to maintain its leading position in the world with a market share of 29%. However, the focus of market competition is on the second echelon. SK Hynix (including its subsidiary Solidigm) follows Samsung, while the shares of Kioxia, Micron, SanDisk and China Yangtze Memory are extremely close, and there is a fierce competition for the third position in the world.

Among them, the rapid growth of Yangtze Storage has become the biggest highlight of this quarter. Driven by the dual drive of strong domestic demand in China and tight industry supply, Yangtze Memory's revenue surged by nearly 445% year-on-year, and its market share jumped from 8% in the same period last year to 13%, further narrowing the gap with established manufacturers such as SanDisk and Micron, and demonstrating strong market impact.

The agency said: “If Yangtze Memory can obtain additional financial support through this IPO, the company will have the ability to further expand production capacity and business scale. In this case, we expect that Yangtze Memory will surpass Kioxia and Micron, further expand its leading advantage, and become the world's third largest NAND storage manufacturer.”