Albany, NY -- (SBWIRE) -- 02/07/2017 -- SD cards are data storage devices used for storing digital information. These cards have non-volatile memory chips that can be reprogrammed multiple times during their life span. Their compact physical size and high storage capabilities with reprogrammable features have increased the penetration of SD cards in the digital world.

Different standards for SD cards came into existence such as SD, secure digital high capacity (SDHC), and secure digital eXtended capacity (SDXC) in order to differentiate the SD cards.

The global SD card market to grow at a CAGR of 0.44% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global SD card market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of SD cards

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Secure Digital Card Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADATA Technologies
- Kingston Technology
- Lexar
- Panasonic
- Samsung
- SanDisk
- Sony
- Toshiba
- Transcend Information
- Verbatim

Market driver
- High demand for rugged and robust storage devices
- For a full, detailed list, view our report

Market challenge
- Declining prices of flash memory cards
- For a full, detailed list, view our report

Market trend
- Growing adoption of high-density memory cards
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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