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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

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