Global Secure Digital Card Market 2020-2024
Technavio has been monitoring the secure digital card market and it is poised to grow by $ 91.25 mn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on secure digital card market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the adoption of SD cards in emerging applications, rising adoption of SD cards in IoT devices, and introduction of application Performance Class standards. In addition, adoption of SD cards in emerging applications is anticipated to boost the growth of the market as well.
The secure digital card market analysis includes product segment, application segment and geographical landscapes
Technavio's secure digital card market is segmented as below:
- Micro SD card
- Communication devices
- cameras and camcorders
By Geographic Landscapes
- North America
- South America
This study identifies the introduction of SD cards with high storage capacity as one of the prime reasons driving the secure digital card market growth during the next few years. Also, growing popularity of social networking applications, and market growth through edge storage will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our secure digital card market covers the following areas:
- Secure digital card market sizing
- Secure digital card market forecast
- Secure digital card market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading secure digital card market vendors that include Kingston Technology Co. Inc., Lexar, Micron Technology Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Sony Corp., Toshiba Corp., Transcend Information Inc., Verbatim Australia Pty Ltd., and Western Digital Corp. Also, the secure digital card market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.