TechNavio today launched its report SD Card Market in India 2011-2015 based on an in-depth analysis focusing exclusively on India. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”Currently, India is among some of the major countries witnessing high mobile penetration rates. The demand for feature phones is high in the rural parts of the country while the demand for high-end smartphones is growing at a high rate in the urban parts of the country. With this high penetration rate, the demand for secure digital (SD) cards is also high. The mobile phone is no longer used for just calling purposes. The phone is now being used for downloading numerous games, applications and videos, all of which require high data storage. All these require external memory to be used as the internal memory is not sufficient. Thus, the high mobile penetration rate in India is a major trend in the SD Card market in India.”
According to the report, one of the key growth drivers in the SD Card market in India is the increasing demand for SD cards in smartphones. Smartphones have a wide range of applications for which the internal memory is often not sufficient. In addition to this, almost all smartphone users store data such as movies, music, and documents on their phone which again requires more data storage space than what is present in the phone. Most of the smartphones available in the market use microSD cards.
Further, the report discusses that the major challenge for the SD Card market in India is the declining price of SD cards.
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/content/sd-card-market-india-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research report – SD Card Market in India 2011-2015
