About Flash Memory Card
Flash memory card is a device that stores the data using nonvolatile semiconductor memory. It is used in portable or remote controlled devices and the data such as images, audio and video are stored. The major advantage of nonvolatile memory is that it safeguards the data in case of power outage or other disruption. Additionally, this types of memory cards are smaller, lesser power consumption, increased storage capacity and portable. They allow shift access and less prone to mechanical damage. These features are influencing the production which is propelling the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.5% |
Competition among existing players is due to the Flash Memory Card market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand Flash Memory Card. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Flash Memory Card market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SanDisk (United States), IMEC (Belgium), Corsair (United States), G.SKILL International Enterprise (Taiwan), Micron Technology, Inc (United States), Mushkin (United States), Kingston (United States), Samsung (South Korea), SK Hynix (South Korea) and Toshiba (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Verbatim (Japan) and Swissbit (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Flash Memory Card market by Type (CF Card, MMC Card, SD Card and SM Card), Application (Smart Devices, Cameras and Camcorders and Others) and Region.
On the basis of geography, the market of Flash Memory Card has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Storage capacity, the sub-segment i.e. 4 GB will boost the Flash Memory Card market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Online will boost the Flash Memory Card market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Improvement in Standard of Living and Technological Advancements in electronic devices
Market Growth Drivers:
Increasing Adoption of Smartphones Owing to Rising Penetration of Internet and Features Such as High Data Transfer Rates and Compatibility
Challenges:
Stiff Competition Due to the Presence of Major Players
Restraints:
Availability of Alternative Products
Opportunities:
Rapid Urbanisation in Developing Economies and Growing Disposable Income
Market Leaders and their expansionary development strategies
In 2019, Corsair has acquired Origin PC. This acquisition will help the company to reach more customers in North America.
In 2019, Lexar has launched 1TB SDXC memory card. It has the read speed of up to 95 MB/S and video recording speed class of V30.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Key Finding and Research Objectives
Focus of the study is to analyze characteristics that affect the nature of competition and pricing. Identifying Influencing factors keeping Flash memory card Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio. In-depth Competitive analysis at product and Strategic business level. Predictive analysis on upcoming trends and changes in consumer behavior. To analyze the competitive developments, such as new product launch and merger & acquisition, in the Flash memory card market
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.