PUBLISHER: The Business Research Company | PRODUCT CODE: 1668565
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668565
An SD Card, which stands for Secure Digital Card, is a highly compact flash memory card designed to provide substantial memory capacity within a small form factor. These cards serve as convenient embedded storage solutions for devices that require reliable and high-capacity storage for multiple forms of data.
The primary types of Secure Digital Cards include the micro SD card, SD card, and mini SD card. The micro SD card is a miniature flash memory card commonly employed in various devices such as digital cameras, smartphones, car navigation systems, and e-books. Despite their tiny size, micro SD cards offer substantial storage capacities, reaching up to 512 gigabytes, making them ideal for storing digital data in portable electronic devices. Secure Digital Cards are available in various storage capacities, including 2 GB, 4 GB, 8 GB, 16 GB, and more, catering to the diverse storage needs of devices such as digital cameras, tablets, mobile phones, and other electronic devices.
The secure digital card market research report is one of a series of new reports from The Business Research Company that provides secure digital card market statistics, including secure digital card industry global market size, regional shares, competitors with a secure digital card market share, detailed secure digital card market segments, market trends and opportunities, and any further data you may need to thrive in the secure digital card industry. This secure digital card market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The secure digital card market size has grown steadily in recent years. It will grow from$9.54 billion in 2024 to $9.99 billion in 2025 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to automotive industry growth, manufacturing and industrial applications, consumer electronics, renewable energy projects, packaging industry needs
The secure digital card market size is expected to see strong growth in the next few years. It will grow to $13.12 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to infrastructure investment, advancements in lightweight materials, smart building solutions, defense and military applications, sustainable practices. Major trends in the forecast period include digitalization and industry 4.0 integration, advanced materials and alloys, customization and prototyping, smart manufacturing and robotics, 3d printing in sheet metal fabrication, digital twin technology.
The rising use of digital devices is expected to drive growth in the secure digital card market. Digital devices refer to electronic gadgets capable of receiving, processing, and transmitting digital information, including laptops, smartphones, and tablets. These devices require secure digital cards to enhance their storage capacity and accommodate more digital data, such as photos, videos, music, and documents. As mobile phone usage continues to grow, users increasingly rely on external storage solutions like secure digital cards, resulting in heightened demand for these products. For example, in February 2024, a report from gov.UK, a UK government website, indicated that in 2022, the digital sector contributed £158.3 billion ($205 billion) to the UK economy, accounting for 7.2% of the total UK Gross Value Added (GVA), up from 7.1% in 2021. Thus, the increased use of digital devices is propelling the growth of the secure digital card market.
The increasing adoption of digital payments and financial transactions is expected to drive growth in the secure digital card market. Digital payments and financial transactions involve the electronic transfer of funds and the exchange of financial value through digital channels and technologies. Secure digital cards are utilized to enhance the safety and privacy of these electronic transactions, ensuring the confidentiality and integrity of sensitive financial information. For example, in May 2024, FedPayments Improvement, a U.S. initiative from the Federal Reserve Banks, reported that in 2023, 62% of businesses adopted digital wallets and mobile apps, a significant rise from 47% in 2022. Therefore, the growing acceptance of digital payment methods is fueling the expansion of the secure digital card market.
Advancements in technologies emerge as a key trend gaining popularity in the secure digital card market, with major players focusing on innovative technologies such as the Internet of Things (IoT), 3-D technologies, and 3D TLC NAND technology. An example is Exascend Inc., a Taiwan-based manufacturer of custom flash storage solutions, which launched the SD300 series industrial-grade SD and microSD cards in April 2023. These cards feature 176-layer 3D TLC NAND technology, making them suitable for edge IoT applications such as gateways, industrial drones, factory robots, surveillance cameras, and infotainment systems. Designed to withstand harsh industrial conditions, these cards have a temperature range of -40°C to 85°C and advanced error correction capabilities.
Major companies in the secure digital card market are also leveraging collaboration and partnerships to strengthen their market positions. Strategic partnerships involve companies combining strengths and resources for mutual benefits. In September 2022, Western Digital Corporation, a US-based data storage enterprise, collaborated with Epic Games Inc., a US-based video game and software developer, to deliver the first Fortnite SanDisk microSDXC card for Nintendo Switch with official licensing. This collaboration aims to launch an officially licensed SanDisk microSDXC card designed to provide players with consistent and reliable storage while playing Fortnite on the Nintendo Switch.
In August 2024, Rellevate, a U.S.-based financial technology company, teamed up with Mastercard to enhance digital payment capabilities. This partnership aims to combine Mastercard's expertise in payment technology with Rellevate's innovative financial solutions to improve financial services within the public sector. Mastercard, also a U.S.-based company, specializes in manufacturing secure digital cards and offers cutting-edge payment solutions and technologies designed to enhance transaction security and efficiency for consumers and businesses globally.
Major companies operating in the secure digital card market include Western Digital Corporation, ADATA Technology Co. Ltd., Kingston Technology Company Inc., Micron Technology Inc., Panasonic Holdings Corporation, PNY Technologies, Samsung Electronics Co. Ltd., Sony Corporation, Toshiba Corporation, Transcend Information Inc., SanDisk Corporation, Laxer Corporation, Verbatim Australia Pty. Ltd., Patriot Memory LLC, Silicon Power Computer And Communications Inc., Delkin Devices Inc., Fujifilm Corporation, Team Group Inc., Viking Technology, Wintec Industries Inc., Apacer Technology Inc., Edge Tech Corp., G.Skill International Enterprise Co. Ltd., Hama GmbH & Co. KG, Lexar Media Inc.
North America was the largest region in the secure digital card market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global secure digital card market during forecast period. The regions covered in the secure digital card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the secure digital card market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The secure digital card market consists of sales of secure digital high capacity, secure digital extended capacity, and secure digital ultra capacity. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Secure Digital Card Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on secure digital card market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for secure digital card ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The secure digital card market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.