Global memory card market-insights & trends

2018-05-22 15:29:25

According to a new report published by Reports Monitor titled, “global memory card market , Growth Opportunities, Innovations and Forecast, 2017-2025, “global memory card Market” was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. 


Memory card which is useful for storing digital information. They are very much useful in portable electronic devices such as digital cameras, mobile phones, portable media players, electronic keyboards, digital pianos, laptop, computers etc. They are also known as flash cards or memory cartridge.  Memory cards are being preferred over other flash storage technologies because of Small size, ease of use and high performance. Memory cards are reliable due to no moving parts & they are not affected by magnetic fields. But they can easily be misplaced, crushed & they are more expensive than CD or DVD. innovative features like free software, memory expansion option & waterproof SD cards that can withstand extreme climatic condition are added by the companies for boosting up the sales. Furthermore increased use of mobile phones is also contributing to growth of SD cards. Global SD memory card market is mainly driven by advancements in imaging technology, seasonal sales of mobile devices and availability of rich multimedia content. Key features are that they are wireless technology & have vast storage capacity .

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Most of the smart phones are provided with the card reader which provide ease of use, high performance & economical for storing huge data in phones as well as laptops & desktop. Companies are adding new features such as free software, memory-expansion option, and waterproof SD cards with a capability to withstand extreme climatic conditions are being introduced in the global market for SD memory card. Data recovery software is being provided on a large scale by manufacturers.

  

  Furthermore increasing popularity of gaming also lead to growing demand for global SD cards. For various entertaining activities heavy memory consuming apps will keep the demand for micro SD cards. However, growing trend of smart phones with large internal memories will hinder the growth of global market of SD cards. Various applications such as GPS, will require the use of SD card. Even though growing use of Internet Of Things (IOT) technologies will boost the global market for SD cards in near future.


This report provides a detailed analysis of global wireless audio devices market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth, opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.


Most of the smart phones are provided with the card reader which provide ease of use, high performance & economical for storing huge data in phones as well as laptops & desktop. Companies are adding new features such as free software, memory-expansion option, and waterproof SD cards with a capability to withstand extreme climatic conditions are being introduced in the global market for SD memory card. Data recovery software is being provided on a large scale by manufacturers.

  

 Furthermore increasing popularity of gaming also lead to growing demand for global SD cards. For various entertaining activities heavy memory consuming apps will keep the demand for micro SD cards.


However, growing trend of smart phones with large internal memories will hinder the growth of global market of SD cards. Various applications such as GPS, will require the use of SD card. Even though growing use of Internet Of Things (IOT) technologies will boost the global market for SD cards in near future.

Segmentation is done on the basis of the application & type. Application is sub-segmented as : smart phones, tablets and  Types is sub-segmented as: multimedia card, memory stick, compact flash, SD card. 


On the basis of geographies market is segmented as: 

North America (U.S. and Canada), Latin America (Mexico, Brazil, Peru, Chile, and others), Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg), Eastern Europe (Poland and Russia), Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand), Middle East and Africa (GCC, Southern Africa, and North Africa)

 
Key players of global memory card are: 

Kingston Technology, Lexar, ADATA Technology, Transcend Information, Samsung Group, Sony, Toshiba

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