Memory Cards Market Research Report by Technavio predicts USD 236.39 Mn growth -- APAC to have a significant share

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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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:

1. SD card
2. Compact flash
3. Memory stick
4. 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:

1. APAC
2. Europe
3. North America
4. South America
5. 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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