Flash Memory Card Market Opportunities, Size, Share, Revenue, Demand and Growth by 2024

Global Flash Memory Card Market Report, Industry Growth, Trends, Share and Forecast Till 2024

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Report Description and Highlights

Report Description

Flash Memory Card Market Report By Product Type (Secure Digital, Memory Sticks, Multimedia Card, Compact Flash, Picture Card and Smart Media ), Application (Smart Devices, Cameras & Camcorders and Others), Distribution Channel, Region Factors such as growing urbanization, improvement in standards of living and an increase in disposable income have led to a rise in the demand for smartphones.

Market Overview: According to the latest report by IMARC Group titled, “Flash Memory Card Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market grew at a CAGR of around 4% during 2013-2018. Flash memory cards are non-volatile memory storage devices that work on semiconductor technology. They are used for storing various forms of data such as pictures, videos, audios, texts, and documents. These cards are used as extra memory storage units in mobile computing devices such as mobile phones, tablets, and digital cameras. Flash memory cards are known for their high-density storage capability and less power requirement. As compared to conventional media, these memory cards allow faster access and are less vulnerable to physical damage. Due to their semiconductor-based structure, flash memory cards can offer a more rapid rate of data transfer.

Report Description and Highlights

Report Description

Along with this, increasing penetration of the internet has further driven the demand for media storage devices such as flash memory cards. Additionally, rising sales of digital cameras, such as DSLRs, along with the escalating demand for high-resolution images is having a positive impact on the flash memory card market.

Flash Memory Card Market Segmentation: Breakup by Product Type: • • • • • •

Secure Digital (SD) Memory Sticks Multimedia Card (MMC) Compact Flash Picture Card Smart Media

On the basis of products, the market has been categorized into SD, memory sticks, MMC, compact flash, picture card and smart media.

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Market Forecast

Sample Figure: Global: Flash Memory Card Market Forecast: Sales Value (in Billion US$), 2019-2024

184.3

191.7

199.3

207.3

2019

2020

2021

2022

215.6

224.2

2023

2024

Market Segmentation

Report Description

Market Segmentation by Distribution Channel • •

Offline Online

Based on distribution channel, the market has been divided into offline and online.

Market Segmentation by Application • • •

Smart Devices Cameras and Camcorders Others

On the basis of application, the market has been categorized into smart devices, cameras and camcorders and others. Smart devices currently account for the highest share.

Market Segmentation by Region •

North America

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Market Segmentation

Report Description • • • •

Europe Asia Pacific Latin America Middle East and Africa

Region-wise, Asia Pacific is the biggest market for flash memory cards, accounting for the majority of the global share.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • •

SanDisk IMEC Corsair G.SKILL International Enterprise Micron Technology, Inc Mushkin Kingston Samsung

Regional Segmentation

North America

Europ e

Asia- Pacific

Latin America

Middle East and Africa

Market Segmentation

Report Description • • •

SK Hynix Toshiba Transcend Information

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institutions

Report Description and Highlights

Report Description

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