Emerging Personal Data Ecosystem & Demand for Personal Data Empowerment Tools Drive the SD Memory Cards Market
Emerging personal data ecosystem and the ensuing demand for personal data storage empowerment tools is poised to drive the global market for Secure Digital (SD) Memory Cards to reach US$13.2 billion by 2024 . Secure Digital (SD) memory card, conceptualized by SD Card Association (SDA), is a non-volatile memory card the design and fabrication of which is focused on addressing the space, capacity, security, and performance needs of modern portable electronic devices. Available in standard SD, microSD and miniSD formats, differentiated by size dimensions and storage capacity, SD memory offers several key benefits in media storage such as small footprint, high-performance, ease-of-use and durability. Although digital camera represents the traditional application area for SD memory, current spate of growth is being driven by smartphones and tablet devices. Exponential rise in 4G LTE networks and subsequent expansion in digital media consumption and social networking on mobile devices is ...