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Research Firm Predicts Flash Drive Sales to Hit Half Billion Mark in 3 Years

  March 14th, 2010



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Research Firm Predicts Flash Drive Sales to Hit Half Billion Mark in 3 Years



A recent treatise based on a the research findings of Global Industry Analysts, Inc (GIA) finds amongst other things that the ultra useful USB flash drive will continue going strong to the tune of nearly 600 million sales by 2015. This market group also cites the numerous poor economic factors that have caused this huge number to be a fraction of what they should have been if the economy were in better shape. The USB flash drive being almost exclusively consumer purchased, without a firm footing in the business world, was hit hardest by the fiscal challenges faced world wide. Consumers being quick to shore up their unnecessary expenditures to weather times of famine stopped purchasing drives in droves as they had before.

On the upside, the GIA also finds that the resurgence of new technologies and more creative uses for the drives to a better economy on the rise. New aspects of the technology being explored, like security or rich media have increased lately and may point to at least some increase consumer confidence in the technology. Let's hope all the major flash drive players can keep coming up with new creative ideas to keep people from going back to Yo-yo's and Pet Rocks.

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