Read More AI is continuing to reshape the technology industry, and according to new research, its impact on the memory market could be far bigger than previously expected. As companies race to build more advanced AI systems and expand their infrastructure, demand for memory technologies such as DRAM and NAND flash is expected to surge over the next few years.
According to new findings from TrendForce, the global memory market is now projected to reach more than $1.28 trillion by 2027. This is a major increase from the firm’s previous forecast and highlights just how quickly AI adoption is accelerating across the industry.
One of the biggest reasons behind this growth is the rise of Agentic AI. Unlike traditional AI systems that respond to a single prompt or request, Agentic AI is designed to perform ongoing tasks, make decisions, and carry out more complex workflows. These systems require significantly more memory resources because they constantly process information, store context, and handle multiple operations at the same time.
As a result, memory demand is growing at a pace that manufacturers are struggling to keep up with. TrendForce believes supply shortages will likely continue for the foreseeable future, which could push memory prices even higher. The research firm has already raised its forecast for the global memory market in 2026 to $889.3 billion, up significantly from earlier estimates. By 2027, the market is expected to surpass the $1.28 trillion mark, representing annual growth of roughly 44%.
The DRAM segment is expected to benefit the most from this trend. AI servers require enormous amounts of memory to handle inference workloads, larger context windows, and advanced caching systems. As AI models become more sophisticated, the amount of DRAM needed inside data centers continues to increase.
TrendForce now expects the DRAM market to generate around $618.7 billion in revenue during 2026. That figure could climb even further to $903.3 billion in 2027 as AI deployments continue to expand.
The NAND flash market is also expected to see strong growth. Major cloud service providers are investing heavily in AI infrastructure, creating greater demand for high-performance storage solutions. Traditional hard drives often struggle to meet the speed and efficiency requirements of modern AI workloads, creating opportunities for advanced SSD technologies. TrendForce forecasts the NAND flash market will reach approximately $270.6 billion in 2026 before growing to nearly $379.4 billion in 2027.