According to IC Insights, the total memory market still down 1% yearly in 2016, and will increase 10% in 2017 to a new record high of $85.3 billion as gains in average selling prices for DRAM and NAND flash.

Figure 1

IC Insights pointed, after increasing by more than 20% in both 2013 and 2014, the memory market fell upon difficult times in 2015. Conditions that would normally be seen as favorable for boosting demand and increasing prices for memory devices such as supplier consolidation, limited capacity expansion, and a growing list of emerging applications did not prop up the market at all in 2015.