Global Secure Digital (SD) Memory Card Market: Overview
Secure Digital (SD) is the digital data storage memory card used widely in electronic devices such as smartphones, digital cameras, tablets, handheld devices, and others. It is the non-volatile memory card and can be reprogrammed for multiple times during the entire lifespan of the card. Owing to some advantages such as, such as high performance, small size, and ease of use, or secure digital (SD) memory card, it is highly preferred. These memory cards are more durable compared to traditional storage devices. Secure Digital (SD) memory card possesses 2,000 Gs operating shock rating where the traditional storage devices have 100 to 200Gs conventional storage in portable devices. The SD cards use the metal connector and hence have fewer chances of getting damaged. For instance, SanDisk introduced the Extreme Pro SDXC UHS-1 memory card. It possesses a memory capacity of 512 MB. The size of the chip is the bit larger than the postage stamp. The card is x-ray proof, water resistant, and shock resistant. It has the ability to write at 90 MB per second and read at approximately 95 MB per second.
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Global Secure Digital (SD) Memory Card Market: Growth Factors
3D Imaging in SD memory cards is one of the driving factors in the secure digital (SD) memory card market. Owing to high storage capabilities along with compact size, it is expected to boost the market in the coming years. Rising demand for durable storage devices is anticipated to further contribute to the global market growth. The global market is in high demand for SD cards owing to growing use of the electronics devices, which in turn is anticipated to foster the global market growth. People’s tendency for more storage in handy devices is expected to enhance the growth in the market in future.
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Global Secure Digital (SD) Memory Card Market: Segmentation
The global secure digital (SD) memory card market is segmented on the basis of storage capacity as 32GB, 512GB, and 256GB. 32GB is the dominating storage capacity segment in the global market. However, 512GB is also witnessing the fastest growth, which is followed by 256GB. Based on applications, the global market is bifurcated as digital cameras, handheld devices, smartphones, and tablets. Of these, smartphones are the leading application segment in the secure digital (SD) memory card market. The second emerging application segment is tablets and is expected to witness a robust growth in the future. The global market is further divided on the basis of the type as secure digital (SD) memory card, micro secure digital (SD) memory card, and mini secure digital (SD) memory card. Of these, micro secure digital (SD) memory card is the leading segment in the global secure digital (SD) memory card market.
Global Secure Digital (SD) Memory Card Market: Regional Analysis
Asia Pacific is the dominating regional segment in the global secure digital (SD) memory card market, owing to technological advancement in this region. Growing market for electronics devices in Asia Pacific is also driving the market. Robust growth in the electronics sector in the North America is escalating the global market growth in this region. Europe is followed by the North America which contributed to the major market share in the global market. Moreover, the Middle East is anticipated to witness significant growth in the secure digital (SD) memory card market. In addition, Africa is also anticipated to witness considerable growth in the global market in the near future.
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Global Secure Digital (SD) Memory Card Market: Competitive Players
Some of the key players in the global secure digital (SD) memory card market include PNY Technologies, Inc., Toshiba Corporation, Transcend Information Inc., Micron Technology, Inc., Panasonic Corporation, Kingston Technology Corporation, ADATA Technologies Co. Ltd., Samsung Electronics Co. Ltd., SanDisk Corporation, and Sony Corporation.
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