Market Snapshot:
Micro SD card is a kind of small storage medium which is used to store the data backups such as the text, the pictures, audio, video, it is more compact and portable than CDs or DVD, and it can hold more data than a CD. The micro SD card has been preferred by many users in the contemporary era due to its small size and other merits. Yet, it doesn’t mean that SD card is flawless as it has some disadvantages too. It plays a vital role in new age technology, without memory card we won't save anything in our mobile, camera or game gadgets.
Highlights from Micro SD Cards Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The key Players profiled in the report are SanDisk (United States), Transcend Information (Taiwan), ADATA Technologies (Taiwan), Panasonic (Japan), Kingston Technology (United States), Micron Technology (United States), Sony (Japan), Samsung Electronics (South Korea), Toshiba (Japan) and PNY Technologies (United States). Additionally, other players that are part of this comprehensive study are Lexar (United States) and Western Digital (United States).
Geographic Breakdown and Segment Analysis
The Global Micro SD Cards market presents a comprehensive analysis of the Micro SD Cards market by product type (SD, SDHC and SDXC), by end-user/application (Smartphone, Tablet PC, Digital Camera and Gaming Consoles), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Micro SD Cards industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Micro SD Cards market
Analyst at AMA have segmented the market study of Global Micro SD Cards market by Type, Application and Region.
Influencing Trend:
Rise of IoT to Increase the Application of Micro SD Card
Market Growth Drivers:
Increasing Popularity of Social Networking Applications and Growing Sales of Smartphones
Challenges:
Slower than Primary Memory
Restraints:
High Cost of Micro SD Card
Opportunities:
Introduction of Micro SD Cards with High Storage Capacity
Market Developments Activities:
In April 2019 - PNY Technologies, Inc., a global leader in consumer and business-grade electronics, today announced that they have entered into a multi-year extension of their existing license agreement to manufacture and distribute HP-branded products, including USB flash drives, Memory Cards (SD, MicroSD) and Memory Card Readers globally.
In February 2024,Samsung has announced that it has started sampling 256GB SD Express microSD cards. Additionally, the company said, it has started the mass production of its 1TB UHS-1 microSD card. Samsung said that the Express microSD card will launch later this year, and the 1TB UHS-1 cards will be available within the third quarter of 2024.
Key Target Audience
Manufacturers of Micro SD Card, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Micro SD Card, Electronic Industry, Governmental Bodies and Research Firms