These projections come courtesy of a TrendForcereport.
A key driver here is the rise of high-bandwidth memory.
Fueling all this is the generational evolution of DRAM products like DDR5 for servers andLPDDR5/5X for mobile devices.
These higher-end DRAM chips command premium pricing.
Of course, DRAM isn’t the only one cashing in.
The following year will see another 29% spike, taking it up to $87 billion.
Major cloud providers have already started deploying these high-density QLC drives extensively.
Unfortunately, this tsunami of memory money is a double-edged sword.
