Memory Cards (Global Market)

Memory cards

Main article: Memory cards

2024: The most capacious memory card is presented. 4 TB

In early April 2024, Western Digital introduced the most capacious SD memory card on the market. The SanDisk Extreme Pro SDUC is capable of storing 4 TB of information. Read more here.

2020: Memory Card Market Valued at $8.8 Billion

The volume of the global memory card market in 2020 amounted to $8.8 billion, calculated in the research company ResearchAndMarkets. Analysts released the data at the end of June 2021 without specifying the dynamics.

Sales of memory cards in the United States at the end of 2020 are estimated at $2.4 billion. The study also cites data according to which the Memory Stick storage segment in the USA, Canada, Japan, China and Europe reached $1.2 billion, and by 2027 the figure will grow to $1.4 billion.

China is projected to remain the fastest growing Memory Stick market. In the Asia-Pacific region, sales of such products by 2027 will be measured at $1.3 billion, largely at the expense of Australia, India and South Korea. In Latin America, sales are expected to rise 3 percent.

Memory card market for the year estimated at $8.8 billion at the end of 2020

The following companies were named the leaders in the memory card market at ResearchAndMarkets (listed in alphabetical order without specifying shares):

• Adata Technology;
• Cactus Technologies;
• Delkin Devices;
• Eye-Fi;
• Kingmax Technology;
• Kingston Technology;
• Lexar;
• PNY Technologies;
• Samsung;
• SanDisk.

According to the analytical report, the largest segment of the market in question is SD memory cards. Their implementation in the world will grow by 3.5% annually and will reach $4.1 billion in 2027. In the MMC segment (Multimedia Card, flash cards that appeared back in 1997), 2.5 percent sales growth is expected annually.

According to estimates by research firm Strategy Analytics, Samsung was able to occupy almost half (47%) of the global memory card market for. smartphones The second place with 22% of the market was taken by the Korean company. SK Hynix The third place went to the American company Micron with 19%. Together, these three companies covered 84% of the global smartphone memory market, estimated by analysts at $39.3 billion^[1]

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