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Global Market Study on Secure Digital (SD) Memory Card: Micro SD Card to be the Largest Segment by 2022NEW YORK, Dec. 7, 2016 /PRNewswire/ -- Secure Digital (SD) is a type of non-volatile memory card which is used extensively in electronic devices such as digital camera, mobile phones, handheld devices and tablet computers. Small size, ease of use and high performance are some of the factors because of which memory cards are being preferred over other flash storage technologies. Imaging application for SD memory cards is a relatively mature market as numerous devices are already in usage. Whereas, mobile phones application for SD memory cards holds immense potential for growth during the coming years owing to increasing storage demand over phones from consumers. Development of writing speed and storage capacity of NAND devices is being carried out. The production cost of NAND memory chips is failing steeply with increasing integration of memory chips on single silicon wafer chip. Storage capacity segment, In terms of CAGR, 512GB & Above segment is estimated to be the fastest growing segment during the forecast period followed by 256GB segment. Revenue contribution 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%. Among Region, Asia Pacific dominated the SD memory card market with over 35% market share in 2014 and is anticipated to remain dominant by 2022. Europe and North America collectively accounted for over 35% of the total SD memory card market share in 2014. Among all the 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 mobile devices within this region. Some of the key players identified in 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. Transcend Information Inc., focus on expanding its global presence through partnerships with local and international distributors. For example: In 2012, Transcend Information Inc. partnered with Eros Group – a Dubai-based distributor of consumer electronics – to distribute the former's memory and storage devices through exclusive channels within UAE In addition, these key players also focus on research and development activities to innovative features in their memory card products in order to attain a sustainable advantage over the competition. Key Segments Covered By Card Type Standard SD Card Mini SD Card Micro SD Card By Application Mobile Phones Tablets Digital Cameras Game Devices Others By Storage Capacity 2GB 4GB 8GB 16GB 32GB 64GB 128GB 256GB 512GB & Above Key Regions/Countries Covered North America Latin America Europe Asia-Pacific Middle East & Africa Read the full report: http://www.reportlinker.com/p03306968-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-market-study-on-secure-digital-sd-memory-card-micro-sd-card-to-be-the-largest-segment-by-2022-300374984.html SOURCE Reportlinker |