NEW YORK, Sept. 28, 2022 /PRNewswire/ — The memory cards market is expected to register an incremental growth of USD 236.39 million between 2020 and 2025. However, the growth momentum in the market is expected to decelerate at a CAGR of 0.58% during the forecast period. The report analyses the market size, growth, and provides accurate predictions on the growth of the market.
- The report recognizes the following as the key players in the memory cards market: ADATA Technology Co. Ltd., Cactus Technologies Ltd., Delkin Devices Inc., Kingston Technology Co. Inc., Lexar.
- The global memory cards market structure is fragmented in nature.
- APAC to have significant share in the memory cards market.
- The market observed 1.39% YOY growth in 2021. View Sample Report Here.
Key Segments
The memory cards market is segmented by type (SD card, compact flash, memory stick, and
multimedia card).
The SD card segment will generate the maximum revenue in the market over the forecast period. The increased use of SD cards in cameras and camcorders, tablets, media players, and gaming consoles is driving the growth of the segment. However, the growth in the segment is expected to reduce over the forecast period owing to the reduced demand from smartphone users.
Regional Growth Analysis
The global memory cards market is analyzed across five regions — APAC, Europe, North America, South America, and MEA.
APAC is currently the dominating region, occupying 81% of the global market share. The rising number of users on social media and the increasing demand for DSLR cameras are driving the growth of the memory cards market in APAC.
Identify potential segments and regions to invest in over the forecast period. Read Sample Report Before Purchasing
Market Dynamics
The memory cards market is expected to witness substantial growth during the forecast period, primarily due to the requirement for storage devices in cameras and camcorders. With the growth of social media across the world, people are learning tips and tricks to enhance their photography skills and gain appreciation. This is increasing the demand and use of cameras with higher picture qualities, which is necessitating the need for a larger space for storing them. Digital cameras and camcorders have their own in-built memory. However, this in-built memory can hold only a few best-quality shots, making the use of memory cards crucial. Thus, the rising demand for memory devices in cameras and camcorders is expected to drive the growth of the market during the forecast period.
The report also covers information on the upcoming trends and challenges that will influence the market growth. Explore additional information by Downloading a Sample Report.
Vendor Landscape
The memory cards market is fragmented in nature. The market is characterized by the presence of large, small, and medium-sized manufacturers. Vendors compete based on parameters such as price, quality, technology, brand identity, and distribution. Most of the large and established players have extensive sales and distribution networks globally, whereas most small players are concentrated in the regional markets. These players have a vast geographical presence and large-scale production facilities. The presence of well-established vendors in the global memory cards market makes it a competitive market. The need for moderate initial investments and a low entry barrier support the new players to enter the market.
Here are some of the products offered by key vendors:
ADATA Technology Co. Ltd.: The company offers memory cards under the brands, ADATA, and XPG.
Cactus Technologies Ltd.: The company offers commercial grade SD cards based on MLC NAND which have life cycles in the 18 to 24-month range.
Delkin Devices Inc.: The company offers industrial SD cards and industrial SLC micro SD cards.
Kingston Technology Co. Inc.: The company offers a wide range of memory cards under the brand, Kingston.
Lexar: The company offers a wide range of memory cards under the brand, Lexar.
Along with the market data, Technavio offers customizations as per the specific needs of companies. The following customization options are available for the memory cards market report:
Regional Analysis
- Further breakdown of the market segmentation at requested regions.
Market Player Information
- Detailed analysis and profiling of additional market players, vendor segmentation, and vendor offerings.
- Know the strategies adopted by vendors during the recovery phase. Buy Report Now
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Memory Cards Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 0.58% |
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Market growth 2021-2025 |
USD 236.39 million |
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Market structure |
Fragmented |
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YoY growth (%) |
1.39 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 81% |
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Key consumer countries |
China, South Korea (Republic of Korea), US, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ADATA Technology Co. Ltd., Cactus Technologies Ltd., Delkin Devices Inc., Kingston Technology Co. Inc., Lexar, Samsung Electronics Co. Ltd., Sony Corp., Toshiba Corp., Transcend Information Inc., and Western Digital Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2 Market characteristics
Exhibit 02: Market Characteristics
2.3 Value chain analysis
Exhibit 03: Value chain analysis: Semiconductors market
2.3.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5. Market Segmentation by Type
5.1 Market segments
The segments covered in this chapter are:
- SD card
- Compact flash
- Memory stick
- Multimedia card
Exhibit 15: Type – Market share 2020-2025 (%)
5.2 Comparison by Type
Exhibit 16: Comparison by Type
5.3 SD card – Market size and forecast 2020-2025
Exhibit 17: SD card – Market size and forecast 2020-2025 ($ million)
Exhibit 18: Physical difference between micro SD card, SD card, and mini SD card
Exhibit 19: SD card – Year-over-year growth 2020-2025 (%)
5.4 Compact flash – Market size and forecast 2020-2025
Exhibit 20: Compact flash – Market size and forecast 2020-2025 ($ million)
Exhibit 21: Compact flash – Year-over-year growth 2020-2025 (%)
5.5 Memory stick – Market size and forecast 2020-2025
Exhibit 22: Memory stick – Market size and forecast 2020-2025 ($ million)
Exhibit 23: Memory stick – Year-over-year growth 2020-2025 (%)
5.6 Multimedia card – Market size and forecast 2020-2025
Exhibit 24: Multimedia card – Market size and forecast 2020-2025 ($ million)
Exhibit 25: Multimedia card – Year-over-year growth 2020-2025 (%)
5.7 Market opportunity by Type
Exhibit 26: Market opportunity by Type
6. Customer landscape
Exhibit 27: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
- APAC
- Europe
- North America
- South America
- MEA
Exhibit 28: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 29: Geographic comparison
7.3 APAC – Market size and forecast 2020-2025
Exhibit 30: APAC – Market size and forecast 2020-2025 ($ million)
Exhibit 31: APAC – Year-over-year growth 2020-2025 (%)
7.4 Europe – Market size and forecast 2020-2025
Exhibit 32: Europe – Market size and forecast 2020-2025 ($ million)
Exhibit 33: Europe – Year-over-year growth 2020-2025 (%)
7.5 North America – Market size and forecast 2020-2025
Exhibit 34: North America – Market size and forecast 2020-2025 ($ million)
Exhibit 35: North America – Year-over-year growth 2020-2025 (%)
7.6 South America – Market size and forecast 2020-2025
Exhibit 36: South America – Market size and forecast 2020-2025 ($ million)
Exhibit 37: South America – Year-over-year growth 2020-2025 (%)
7.7 MEA – Market size and forecast 2020-2025
Exhibit 38: MEA – Market size and forecast 2020-2025 ($ million)
Exhibit 39: MEA – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 40: Key leading countries
7.9 Market opportunity by geography
Exhibit 41: Market opportunity by geography
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Requirement for storage devices in cameras and camcorders
8.1.2 Proliferation of UHD content
8.1.3 High demand for compact storage devices
8.2 Market challenges
8.2.1 Rise in use of cloud storage
8.2.2 High in-built storage capacity of portable devices
8.2.3 Easy corruption and Inability to install mobile applications in memory cards
Exhibit 42: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing need of high capacity solution
8.3.2 High adoption of micro SD, micro SDHC, and micro SDXC cards
8.3.3 SMART technology in memory cards
9. Vendor Landscape
9.1 Vendor landscape
Exhibit 43: Vendor landscape
9.2 Competitive Scenario
9.3 Landscape disruption
Exhibit 44: Landscape disruption
Exhibit 45: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 46: Vendors covered
10.2 Market positioning of vendors
Exhibit 47: Market positioning of vendors
10.3 ADATA Technology Co. Ltd.
Exhibit 48: ADATA Technology Co. Ltd. – Overview
Exhibit 49: ADATA Technology Co. Ltd. – Product and service
Exhibit 50: ADATA Technology Co. Ltd. – Key offerings
10.4 Cactus Technologies Ltd.
Exhibit 51: Cactus Technologies Ltd. – Overview
Exhibit 52: Cactus Technologies Ltd. – Business segments
Exhibit 53: Cactus Technologies Ltd. – Key news
Exhibit 54: Cactus Technologies Ltd. – Key offerings
10.5 Delkin Devices Inc.
Exhibit 55: Delkin Devices Inc. – Overview
Exhibit 56: Delkin Devices Inc. – Product and service
Exhibit 57: Delkin Devices Inc. – Key offerings
10.6 Kingston Technology Co. Inc.
Exhibit 58: Kingston Technology Co. Inc. – Overview
Exhibit 59: Kingston Technology Co. Inc. – Product and service
Exhibit 60: Kingston Technology Co. Ltd. – Key news
Exhibit 61: Kingston Technology Co. Inc. – Key offerings
10.7 Lexar
Exhibit 62: Lexar – Overview
Exhibit 63: Lexar – Product and service
Exhibit 64: Lexar – Key news
Exhibit 65: Lexar – Key offerings
10.8 Samsung Electronics Co. Ltd.
Exhibit 66: Samsung Electronics Co. Ltd. – Overview
Exhibit 67: Samsung Electronics Co. Ltd. – Business segments
Exhibit 68: Samsung Electronics Co. Ltd. – Key news
Exhibit 69: Samsung Electronics Co. Ltd. – Key offerings
Exhibit 70: Samsung Electronics Co. Ltd. – Segment focus
10.9 Sony Corp.
Exhibit 71: Sony Corp. – Overview
Exhibit 72: Sony Corp. – Business segments
Exhibit 73: Sony Corp. – Key news
Exhibit 74: Sony Corp. – Key offerings
Exhibit 75: Sony Corp. – Segment focus
10.10 Toshiba Corp.
Exhibit 76: Toshiba Corp. – Overview
Exhibit 77: Toshiba Corp. – Business segments
Exhibit 78: Toshiba Corp. – Key news
Exhibit 79: Toshiba Corp. – Key offerings
Exhibit 80: Toshiba Corp. – Segment focus
10.11 Transcend Information Inc.
Exhibit 81: Transcend Information Inc. – Overview
Exhibit 82: Transcend Information Inc. – Business segments
Exhibit 83: Transcend Information Inc. – Key offerings
10.12 Western Digital Corp.
Exhibit 84: Western Digital Corp. – Overview
Exhibit 85: Western Digital Corp. – Business segments
Exhibit 86: Western Digital Corp. – Key news
Exhibit 87: Western Digital Corp. – Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objective
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 88: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 89: Research Methodology
Exhibit 90: Validation techniques employed for market sizing
Exhibit 91: Information sources
11.4 List of abbreviations
Exhibit 92: List of abbreviations
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