The latest Status of the Memory Industry report from June 2021 published by Yole Developments shows the memory market continues to grow and is expected to exceed 200 billion USD in 2026. The introduction of DDR5 memory will be extremely quick with shipments expected to exceed that of DDR4 in 2023 and will account for over 90% of bits shipped by 2026. The major DRAM manufacturers have all finalized their mainstream DDR5 designs with shipments from several having already started. The report also predicts an increase in the amount of DRAM used in all product categories which will contribute to strong revenue growth for memory manufacturers.