58 SMT Magazine • October 2017
NAND Flash Prices to Keep Rising in 3Q17
DRAMeXchange, a division of TrendForce, reports
that the NAND Flash market continued to experi-
ence tight supply in the second quarter, leading to
a price increase of about 3% to 10%.
Thermal Energy Storage Market Size
to Reach $12.5B by 2025
The global thermal energy storage market is ex-
pected to reach $12.5 billion by 2025, accord-
ing to a new report by Grand View Research Inc.,
mainly driven by increasing demand for access to
efficient and cost competitive energy sources.
Gartner Releases 'Hype Cycle for
the Digital Workplace, 2017'
Digital business execution is requiring more fre-
quent and complex decision making, continuous
problem solving, and rapid pattern recognition,
all of which require workforce digital dexterity.
In most organizations, however, responsibility for
helping employees develop the desire and ability
to exploit a wide range of transformative technol-
ogies—highlighted in the Gartner Inc. Hype Cycle
for Digital Workplace, 2017—does not have to rest
with any group or individual.
Mobile DRAM Revenue Grew 14.8%
Sequentially in Q2
The global mobile DRAM market experienced
some recovery during the second quarter, though
smartphone sales remained sluggish, according to
a new report by DRAMeXchange.
SDN Market to Reach $130B by 2022
The global software defined networking (SDN)
market is expected to grow at an astonishing CAGR
of around 47% during the period from 2016 to
2022 and reach the market size of more than $130
billion, according to a new report by market ana-
lyst Acumen Research and Consulting.
Convergence of Big Data, IoT and AI to
Drive Next Generation Applications
Disruptive technology innovations in the informa-
tion and communication technology space, such
as artificial intelligence (AI), Internet of Things
(IoT), self-service visualization and structured que-
ry language (SQL), have deeply permeated various
applications and markets.
Medical IoT Enabled by Convergence of
Sensor Technology and Connectivity
Healthcare is facing one of its major turning points
in decades, with the digital revolution and its re-
lated IoT concept rapidly changing health models.
Concentrating Solar Power Market Size
to Reach Nearly $9B by 2025
The global concentrating solar power market
is predicted to reach $8.92 billion by 2025, ac-
cording to a new report by Grand View Research,
Inc. Increasing awareness about renewable ener-
gy along with government regulations to control
growing carbon footprint is further propelling the
market growth.
Consumer Trust Is Essential for Mass
Adoption of Autonomous Vehicle
Technology
Gartner Inc. expects to see multiple launches of
autonomous vehicles around 2020, but the full
impact of the technology on society and the econ-
omy will not begin to emerge until approximate-
ly 2025.
Wearable Device Shipments to Reach
430 Million Units Annually by 2022
Fitness trackers and smart watches remain the flag
bearers of the wearable market, seeing growth but
at a slower pace than estimated earlier, according
to a new report from Tractica.
Electronics Industry News
Market Highlights
