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NAND flash market to end nearly two-year decline, grow again in third quarter of this year

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According to a report released by Yole Intelligence, the NAND Flash market will stop the downward trend of nearly two years and will grow again in the third quarter of this year.

The agency believes that the long-term prospects of the NAND Flash market are still promising due to the growing demand for data generation and storage in the global market and the introduction of new technologies.

The report believes that the following factors will promote the development of the NAND market, and IT House attaches the following content here:

Larger technology companies and traditional enterprise OEMs use more enterprise SSDs;

 The proliferation of SSDs in PCs and game consoles;

 The ever-expanding storage capacity of smartphones and other mobile devices;

 artificial intelligence;

 virtual reality (VR);

 Emerging trends such as autonomous driving and adoption of IoT are expected to drive future growth.

The agency believes that the NAND market will stop declining for seven consecutive quarters and will grow in the third quarter of this year.

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