The flash memory market volume is expected to exceed DRAM revenue for the first time this year.
Flash will widen its lead over DRAM until 2017 and NANF Flash alone will outpace DRAM in 2013, IC Insights said. The market research firm said that flash will show the second highest growth rates among semiconductors and only trail the market growth rates for tablet processors and cell phone application processors.
Average revenue growth is forecast to hit 14 percent between 2012 and 2017 and reach $53.2 billion by 2017. DRAM sales will only grow by 9 percent annually during that time, IC Insights said.