What is Micro SD Cards Market Scope?
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.
The Micro SD Cards market study is being classified by Type (SD, SDHC and SDXC), by Application (Smartphone, Tablet PC, Digital Camera and Gaming Consoles) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Micro SD Cards market throughout the predicted period.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Lexar (United States) and Western Digital (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Micro SD Cards market by Type, Application and Region.
On the basis of geography, the market of Micro SD Cards 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).
Market Influencers and their development strategies
On April 2, 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.
Influencing Market Trend
- Rise of IoT to Increase the Application of Micro SD Card
Market Drivers
- Increasing Popularity of Social Networking Applications
- Growing Sales of Smartphones
Opportunities
- Introduction of Micro SD Cards with High Storage Capacity
Restraints
- High Cost of Micro SD Card
Challenges
- Slower than Primary Memory
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
Customization available in this Study:
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