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Global SD Memory Card Market to Grow at a CAGR of 1.5% From 2015 to 2022: Persistence Market ResearchThe global SD memory card market is growing at a CAGR of 1.5% from 2015 to 2022 and expected to reach USD 8,952.9 million by 2022, according to a report released by Persistence Market Research, titled "Global Market Study on Secure Digital (SD) Memory Card: Micro SD Card (News - Alert) to be the Largest Segment by 2022." The global SD memory card market will continue to grow at a single-digit CAGR in the given forecast period. The primary driver that boosts the global SD memory card market is the evolution of imaging technology. Other factors include the sale of mobile devices that allow for the use of external storage, and the availability of rich content in terms of multimedia files. Sample Report: http://www.persistencemarketresearch.com/samples/4692 Common market trends acting in the global SD memory card market include faster read and write speeds, the use of 3D NAND technology, increasing storage capacities for the same size, and the use of wireless technologies.
View Full TOC: http://www.persistencemarketresearch.com/market-research/secure-digital-memory-cards-market.asp By application, the global SD memory card market was led by the mobile phones segment. It held 68.5% of the market and is also expected to remain in the lead in the forecast period. Its dominance is in fact expected to increase to 71.6% of the market by 2022. The contribution of tablets to the revenue will increase to 11.6% by 2022. The 512GB and above segment is the fastest growing one in the global market. Key players are SanDisk (News - Alert) Corporation, Transcend Information Inc., ADATA Technologies Co. Ltd., Panasonic Corporation, Kingston Technology Corporation, Micron Technology, Inc., Sony Corporation, Samsung Electronics Co. Ltd., Toshiba (News - Alert) Corporation and others. Semiconductors Market Research Reports: http://www.persistencemarketresearch.com/category/semiconductors.asp About PMR Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across every major industry and its verticals.
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