The global demand for Micro SD Cards Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Micro SD or µSD cards are removable flash memory card applied in mobile phones and other mobile devices. SD is a short form of Secure Digital. These cards are used to store information. Micro SD Cards are the smallest memory cards with the size 15 mm × 11 mm × 1 mm similar to the size of the fingernail. They are widely used in smartphones, digital cameras, Nintendo DS flashcards, portable media players, expandable USB flash drives, gaming consoles, Tablet PC, and handheld GPS devices. Micro SD cards are of three types, namely, SD (8M-2G), SDHC (2G-32G), and SDXC (32G-400G).
Market Dynamics
The increasing usage of smartphones is the key factor that is driving the global Micro SD card market. Moreover, factors such as superior performance, user-friendliness, cost-effectiveness, and capacity to store large data, and wide range of applicability are fuelling the market. The advancement and innovations in the features added by the key market players are further boosting the market. Furthermore, increasing trend for IoT enabled devices, growing usage of gaming consoles, and rising usage of Micro SD cards in automotive industries in mapping and GPS systems are the few factors that are driving the market. During the pandemic COVID-19, the global market for Micro SD cards is supposed to drive steadily; however, disrupted supply chain likely to cause some hindrances.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of micro SD cards.
Market Segmentation
The entire micro SD cards market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
- SD (8M-2G)
- SDHC (2G-32G)
- SDXC (32G-400G)
By Application
- Smartphone
- Tablet PC
- Digital Camera
- Gaming Consoles
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for micro SD cards market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Micro SD Cards Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the micro SD cards market include SanDisk, Transcend Information, ADATA Technologies, Panasonic, Kingston Technology, Micron Technology, Sony, Samsung Electronics, Toshiba, PNY Technologies, Lexar. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.