Press release
Secure Digital Memory Cards Market Revenue is Expected to Reach US$ 8,952.9 Mn by 2022
According to a new market report published by Persistence Market Research “Global Market Study on Secure Digital (SD) Memory Card: Micro SD Card to be the Largest Segment by 2022, The Global SD Memory Card Market was valued at USD 7,705.2 million in 2014 and is expected to expand at a CAGR of 1.5% from 2015 to 2022, to reach USD 8,952.9 million by 2022The global SD memory card market is classified on the basis of card type, storage capacity, application and region. These classifications are further broken down into segments to get a better understanding of the global SD memory card market in detail.
On the basis of application, the market has been segmented into mobile phones, digital cameras, tablets, game devices and others. The mobile phones segment dominated the SD memory card market, accounting for 68.5% in 2014 and is estimated to remain dominant, accounting for 71.6% by 2022. The tablets segment accounted for 5.2% share in the global SD memory card market in 2014, and is projected to grow to 11.6% by 2022, witnessing an increase of 636 Basis Point Share and registering a double-digit CAGR of 10.9%.
Request Sample Report @ https://www.persistencemarketresearch.com/samples/4692
On the basis of card type, the market has been segmented into SD card, micro SD card and mini SD card. The micro SD card segment dominated the global SD memory card market, accounting for over 90.0% share in 2014 and is anticipated to remain dominant during the forecast period.
On the basis of storage capacity, the market has been segmented into 2GB, 4GB, 8GB, 16GB, 32GB, 64GB,128GB, 256GB and 512GB &Above.In terms of CAGR, 512GB &Above is estimated to be the fastest growing segment during the forecast period, followed by the 256GB segment.Global SD memory card market share of the 32GB segment was 15.5% in 2014 and is anticipated to grow to 22.0% by 2022, witnessing an increase of 648 Basis Point Share and registering a CAGR of 5.4%.
Growth of the global SD memory card market is mainly driven by advancements in imaging technology, seasonal sales of mobile devices and wide availability of rich multimedia content. Other trends driving the growth of the SD memory card market include introduction of SD memory cards with high transfer and write speeds, transition to 3D NAND technology, inclusion of wireless technologies and increasing storage capacity of memory cards.
Request to view table of content @ https://www.persistencemarketresearch.com/toc/4692
Asia Pacific dominated the SD memory card market, accounting for over 35% market share in 2014 and is anticipated to remain dominant through the forecast period.The markets in Europe and North America collectively accounted for over 35% share in the globalSD memory card market in 2014. Among regions, MEA is anticipated to register the highest CAGR between 2015 and 2022, followed by Latin America, due to the high availability of rich multimedia content and seasonal sales of the mobile devices in these region.
Key players in the global SD memory card market are SanDisk Corporation, Transcend Information Inc., ADATA Technologies Co. Ltd., Panasonic Corporation, Kingston Technology Corporation, Micron Technology, Inc., Sony Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, and PNY Technologies, Inc.Major participants such as ADATA Technologies Co. Ltd.,
Read Report @ https://www.persistencemarketresearch.com/market-research/secure-digital-memory-cards-market.asp
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Secure Digital Memory Cards Market Revenue is Expected to Reach US$ 8,952.9 Mn by 2022 here
News-ID: 848155 • Views: …
More Releases from Persistence Market Research
Polytetrahydrofuran Market Valued at US$5.6 Billion in 2025, Projected to Reach …
The global chemical industry is undergoing a significant transformation as innovation, sustainability, and performance requirements reshape product development. Among the many specialty polymers driving this evolution, Polytetrahydrofuran has emerged as a highly versatile material used across diverse industrial applications. Commonly known as PolyTHF or PTMEG, this polymer is a key intermediate for producing elastic fibers, thermoplastic polyurethanes, coatings, and elastomers. Its ability to impart flexibility, resilience, and abrasion resistance makes…
Europe Automotive Heat Exchanger Market to Reach US$ 8.9 Billion by 2031, Exhibi …
The Europe automotive heat exchanger market has been witnessing steady growth, driven by the rapid evolution of vehicle technologies, stricter emission norms, and the widespread adoption of electric and hybrid vehicles. According to Persistence Market Research, the market is valued at US$ 6.4 billion in 2024 and is projected to reach US$ 8.9 billion by 2031, expanding at a CAGR of 4.9% during the forecast period from 2024 to 2031.…
Digital Crosspoint Switches Market Anticipated to Hit USD 52.5 Billion by 2032
Overview of the Digital Crosspoint Switches Market
The global digital crosspoint switches market is expected to be valued at US$ 28.9 billion in 2025, with projections to reach US$ 52.5 billion by 2032, growing at a robust CAGR of 8.9% during the forecast period. This growth is fueled by the surging need for high-speed data transmission, the expansion of next-generation telecommunications networks, and the increasing deployment of data centers worldwide. As…
Multiformat Transcoders Market Estimated to Grow at 8.6% CAGR by 2032
Overview of the Multiformat Transcoders Market
The global multiformat transcoders market is poised for remarkable expansion, with an estimated valuation of US$ 1.3 billion in 2025, projected to reach US$ 2.3 billion by 2032. This growth trajectory represents a robust CAGR of 8.6% during the forecast period (2025-2032). The market's expansion is driven by the surging demand for high-quality video streaming, advancements in cloud-based transcoding technologies, and the rising consumption of…
More Releases for Card
Gift Card and Incentive Card Market Set for Explosive Growth | National Gift Car …
A new business intelligence report released by AMA with title "Gift Card and Incentive Card Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Gift Card and Incentive Card Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through…
IC Card/Smart Card Market 2022 | Detailed Report
The IC Card/Smart Card research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the IC Card/Smart Card research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force.
Download FREE Sample Report…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future.
A new report published by Allied Market Research, titled, Prepaid Card Market…
Prepaid Card Market by Card Type (Single-purpose prepaid card, and Multi-purpose …
Higher preference of prepaid cards to bank account cards has attributed to cost-effectiveness and flexibility. Moreover, increase in awareness and convenience of these cards enhance the adoption of prepaid cards. Furthermore, emerging applications & acceptance of these prepaid cards for various transactions and increasing popularity among individuals traveling abroad are expected to boost the market growth in the future
Prepaid Card Market is projected to grow at a CAGR of 22.7%…
Card Intelligent Lock Market Report 2018: Segmentation by Type (Magnetic card Lo …
Global Card Intelligent Lock market research report provides company profile for Tri-circle, Dessmann, Royalwand, Bangpai, ZKTeco, Schlage, KEYLOCK, Yale, Tenon, KAADAS, BE-TECH and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also…
Prepaid Card Market Report 2018: Segmentation by Card Type (Single-purpose prepa …
Global Prepaid Card market research report provides company profile for Green Dot Corporation, NetSpend Holdings, Inc., H&R Block Inc., American Express Company, JPMorgan Chase & Co., PayPal Holdings, Inc., BBVA Compass Bancshares, Inc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
