NAND market share 2024
As of 2024, the NAND segment is led by Samsung Electronics at 33%, followed by SK hynix at 20%. The market is moderately concentrated (HHI 2,167), with the top 3 firms holding 72% combined.
Data as of 2026-06-15 · basis: revenue (2024) · confidence: estimate
Market share by company
| Company | Revenue share | Market cap / revenue |
|---|---|---|
| Samsung Electronics | 33% | $218.1B rev |
| SK hynix | 20% | $63.5B rev |
| Kioxia Holdings | 19% | $617M rev |
| SanDisk | 14% | $7.4B rev |
| Micron Technology | 11% | $37.4B rev |
| Other (fragmented tail) | 3% | — |
Source: https://en.wikipedia.org/wiki/Flash_memory. Shares are approximate consensus estimates rounded for legibility. The fragmented "other" tail is excluded from HHI, so the figure is a conservative lower bound.
Concentration
- HHI: 2,167 — Moderately concentrated
- Top firm (CR1): 33%
- Top 3 (CR3): 72%
- Top 5 (CR5): 97%