The North America Secure Digital Card Market would witness market growth of 3.9% CAGR during the forecast period (2022-2028).
In order to attract customers and increase sales, businesses are integrating cutting-edge features into SD cards. Features including free software, memory expansion possibilities, and waterproof SD cards with the capacity to withstand extreme climatic conditions are being released on the market for SD memory cards. In addition, producers provide data recovery software widely.
To stay competitive in the SD memory card market, businesses are releasing SD memory cards with the highest speeds and capacities. Additionally, the SD Association introduced a UHS-III bus interface in 2017 to double the transmission rate, with a rate of 624MB per second, to fulfill the growing demand for gigabyte wireless connectivity, 8K video, and 360-degree cameras. This offers a chance for brand-new, eagerly awaited video and imaging functionality.
According to the Census, the ownership of smartphones surpassed that of all other computing devices in 2021. 84% of households had smartphones, compared to 78% with a desktop or laptop. At 63%, tablet ownership lagged. Numerous American cities, some of the biggest, are under constant surveillance. CCTV cameras are employed in various applications, such as traffic control and crime prevention. But as technology advances, more people have remote access to live video feeds, and facial recognition software is being used. In addition, the region's technological advances in sensors, cameras, and robotics have enabled improvements in security systems.
The US market dominated the North America Secure Digital Card Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,316.1 Million by 2028. The Canada market is poised to grow at a CAGR of 6.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.3% during (2022 - 2028).
Based on Application, the market is segmented into Digital Cameras, Mobile Phones, Tablets and Others. Based on Size, the market is segmented into Micro SD Card, SD Card and Mini SD Card. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Secure Digital Card Market is Estimated to reach $11.4 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Toshiba Corporation, Panasonic Holdings Corporation, Sony Corporation, Western Digital Corporation, Micron Technology, Inc., Transcend Information, Inc., Kingston Technology Company, Inc., PNY Technologies, and ADATA Technology Co., Ltd.
By Application
By Size
By Country
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