Product Code: ETC066343 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Flash Memory Card Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.26% in 2025, growth builds up to 3.85% by 2029.
The Flash Memory Card market in India is a growing industry. This technology has become increasingly popular due to its portability, high storage capacity and low cost when compared to other forms of data storage. As the Indian economy continues to grow, so does the demand for flash memory cards from various sectors such as consumer electronics, automotive and industrial applications.
The major drivers for the growth of this market are increasing use of smart phones & tablets which require more storage space, need for higher speed data transfer rate, rising usage of digital cameras among consumers and increased production volumes by manufacturers resulting in lower prices. Furthermore, there is an increase in demand from industrial applications as well as expansion & modernization initiatives taken up by government organizations like railways etc.
Some challenges faced by this industry include lack of awareness about latest technologies such as SDXC card format or UHS-II interface among customers leading to slow adoption rates; stringent regulations with regard to quality standards imposed on manufacturers; availability of counterfeit products at cheaper prices leading to cannibalization; falling ASPs (Average Selling Prices) due to oversupply situation resulting in reduced profitability margins and difficulty facing smaller players with regards to capital investments required for R&D activities related product development/enhancement.
Increasing focus on developing new technologies such as embedded flash cards that can be used directly without any additional adapter devices; emergence of dual SIM smartphones requiring multiple memory cards solutions offered at competitive pricing points ; trend towards transition from magnetic stripe cards towards contactless/RFID enabled ones offering greater security are some key trends observed within this market.
Key players present within this industry include SanDisk Corporation , Toshiba Corporation , Sony Electronics Inc., Samsung Electronics Co., Ltd., Lexar Media Inc., Kingston Technology Corporation , Panasonic Corp , Transcend Information Inc., Verbatim America LLC among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Flash Memory Card Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Flash Memory Card Market Revenues & Volume, 2021 & 2031F |
3.3 India Flash Memory Card Market - Industry Life Cycle |
3.4 India Flash Memory Card Market - Porter's Five Forces |
3.5 India Flash Memory Card Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Flash Memory Card Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Flash Memory Card Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Flash Memory Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Flash Memory Card Market Trends |
6 India Flash Memory Card Market, By Types |
6.1 India Flash Memory Card Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Flash Memory Card Market Revenues & Volume, By Product, 2018 - 2031F |
6.1.3 India Flash Memory Card Market Revenues & Volume, By Secure Digital (SD), 2018 - 2031F |
6.1.4 India Flash Memory Card Market Revenues & Volume, By Memory Sticks, 2018 - 2031F |
6.1.5 India Flash Memory Card Market Revenues & Volume, By MultiMediaCard (MMC), 2018 - 2031F |
6.1.6 India Flash Memory Card Market Revenues & Volume, By Compact Flash, 2018 - 2031F |
6.1.7 India Flash Memory Card Market Revenues & Volume, By Picture Card, 2018 - 2031F |
6.1.8 India Flash Memory Card Market Revenues & Volume, By Smart Media, 2018 - 2031F |
6.2 India Flash Memory Card Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Flash Memory Card Market Revenues & Volume, By Smart Devices, 2018 - 2031F |
6.2.3 India Flash Memory Card Market Revenues & Volume, By Cameras and Camcorders, 2018 - 2031F |
6.2.4 India Flash Memory Card Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Flash Memory Card Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Flash Memory Card Market Revenues & Volume, By Offline, 2018 - 2031F |
6.3.3 India Flash Memory Card Market Revenues & Volume, By Online, 2018 - 2031F |
7 India Flash Memory Card Market Import-Export Trade Statistics |
7.1 India Flash Memory Card Market Export to Major Countries |
7.2 India Flash Memory Card Market Imports from Major Countries |
8 India Flash Memory Card Market Key Performance Indicators |
9 India Flash Memory Card Market - Opportunity Assessment |
9.1 India Flash Memory Card Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Flash Memory Card Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Flash Memory Card Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Flash Memory Card Market - Competitive Landscape |
10.1 India Flash Memory Card Market Revenue Share, By Companies, 2024 |
10.2 India Flash Memory Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |