Secure Digital Card Market Size, Share and COVID Impact Analysis, By Product Type (Micro SD Card, Mini SD Card, and Others) By Application (Smart Phone, Cameras, Laptops/ PC, and Others), and Regional Forecast, 2024-2032

Secure Digital (SD) card is a portable memory card for storing and transferring digital data. The SD card is small and compact, making it a convenient storage solution for portable electronic devices such as smartphones, tablets, digital cameras, and portable audio players. It is also popular as a removable storage option in computing devices such as laptops and desktops. The secure digital (SD) card market has grown steadily in recent years due to the increasing demand for high-capacity and high-speed storage solutions for digital devices. The market is expected to grow in the coming years, driven by the increasing adoption of digital devices and the need for larger and faster storage solutions. The growth of the SD card market is the increasing adoption of digital devices such as tablets, cameras and smartphones. The demand for high-capacity and high-speed storage solutions for these devices has increased significantly, driving the demand for SD cards. In addition, the increasing popularity of high-resolution video and images has also contributed to the growth of the SD card market. These files require larger storage capacity and faster data transfer rates, making SD cards an ideal storage solution.

Impact of COVID-19 on the Secure Digital Card Market:

The COVID-19 pandemic has had a mixed impact on the secure digital (SD) card market. While the demand for SD cards has increased due to the demand for digital devices and the need for remote working and learning, the pandemic has also disrupted the supply chain and manufacturing processes, leading to supply chain challenges and product shortages. The closure of manufacturing facilities and restrictions on international trade have affected the production and distribution of SD cards. This has resulted in increased prices for SD cards and extended lead times for delivery, particularly for high-capacity and high-speed cards. The pandemic has also changed consumer behaviour and preferences, leading to changes in demand for SD cards. With the shift towards remote work and online learning, there has been an increased demand for high-capacity SD cards to store and transfer digital content. At the same time, the demand for low-capacity SD cards used for in-store photography and video recording has decreased.

Key Insights:

The report will cover the following key insights:

• Recent industry trends and developments.


• Competitive landscape & strategic key players.


• Complete background analysis, including assessment of the global Secure Digital Card market.


• Complete Analysis of Segments


• Impact of COVID-19 on The Global Secure Digital Card market

Regional Analysis:

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• The North American region is dominating the market globally owing to the presence of major players. Also, technological advancements in the smartphone and consumer electronics sector is raising the demand for secure digital cards in the region.


• The Europe region is continuously strengthening its market position. Furthermore, implementing advanced technology in the automotive and manufacturing sectors in countries such as Germany, Spain, France, and the U.K. drives the market growth.


• Asia Pacific shows the highest CAGR growth in the forecast period. Furthermore, the huge population in this region subsequently increases the number of smartphone and laptop users, which is responsible for the market growth.


• Middle East & Africa and South America are growing moderately owing to the less technological advancements and lack of availability of semiconductor manufacturing facilities in the region.

Analysis by End Users

Secure digital card is a major component in smartphones and laptops. The increasing smartphone use creates a huge demand for secure digital cards. For instance, as per the survey, smartphone users worldwide are 6.92 billion, 86,29% of the total population. Also, ongoing development in the IT & Telecommunication sector increases the demand for secure digital cards in the global market. 

Key Players Covered:

Kingston Technology Inc (U.S.), Laxer Corporation (U.S.), Micron Technology (U.S.), Panasonic Corporation (Japan), Samsung Corporation (South Korea), Sony Corporation (Japan), Toshiba Corporation(Japan), Western Digital Corporation (U.S.), Transcend Information Inc. (Taiwan), and Verbatim Australia Pty (Australia).

Segmentation:

Key Industry Developments:

• In September 2022, Kioxia Corporation, a global SD memory provider company, launched 2 terabytes (TB) microSDXC memory card working prototypes, BiCS FLASHTM 3D flash memory. This card is capable of working with a camera, smartphone and laptop.


• In June 2022, Micron Technology, Inc., a major semiconductor manufacturer and distributor, launched a 1.5 TB microSD card. This card had specially designed to record data on automobile functional safety and fuel data intelligence.


• In February 2023, Nextorage, a provider of the secure digital card, launched its new secure digital card, the NX-F2PRO SD card. This card is specially designed for capturing 4K videos.