Global secure digital memory card market is estimated to be valued at US$ 10.41 Bn in 2025 and is expected to reach US$ 15.87 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6% from 2025 to 2032.
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Global secure digital memory card industry growth is driven by wide application of SD cards in mobiles, DSLR cameras, tablet devices and other electronics. Increasing use of high-resolution cameras and rise in number of smartphone users can drive the market growth. 4K video recording capabilities and high storage capacities with small size offered by new generation SD cards can boost their adoption. However, growing popularity of other removable storage devices like USB drives can hamper the market growth. Ongoing technological advancements in storage densities can create new opportunities for key market players in the near future.
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