TechNavio recognizes the following companies as the key players in the Global Flash Memory Cards Market: Kingston Technology Corp., Samsung Semiconductor Inc., SanDisk Corp., Toshiba Electronics Europe GmbH, and Transcend Information Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the Global Flash Memory Cards market is the increasing adoption of high-density memory cards. Flash memory card manufacturers are currently developing models that possess high storage capacities, which are on a par with USB flash drives and HDDs. Flash memory cards in the market currently have a maximum storage capacity of about 256 GB. Vendors are offering high storage capacity products to gain and retain new customers. Moreover, there is a trend among customers, especially among youngsters, to own memory cards with high storage capacities. To capitalize on this trend, vendors are providing flash memory cards with high storage capacities.”
According to the report, one of the major drivers is the increasing demand for highly compact, robust memory cards with maximum storage capacity. The accessibility and awareness about this technology among a large number of customers has led to an increase in the demand for storage devices.
Further, the report states that one of the key challenges in the market is the increasing number of portable devices with large in-built memories which negate the need for flash memory cards. Moreover, the advantages of flash memory cards are being compromised by a few substitute products such as USB flash drives and large in-built memories in electronic gadgets.
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 a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-flash-memory-cards-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Flash Memory Cards Market 2014-2018
