TrendForce expects the memory market to remain extremely tight through 2027

In DRAM, rising HBM wafer consumption is reducing capacity available for conventional DRAM. With demand expanding, this should further strengthen suppliers’ pricing power, keeping price increases in place through 2027

TrendForce raised its 2026 DRAM market forecast to $618.7 billion, up 303% year over year, and expects 2027 revenue to reach $903.3 billion, up another 46%

In NAND, prices also continue to rise due to strong demand and limited supply. TrendForce now expects the global NAND flash market to reach $270.6 billion in 2026, up 280.7%, before expanding to nearly $379.4 billion in 2027, up 40.2%