PUBLISHER: Allied Market Research | PRODUCT CODE: 1193250
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193250
The global micro SD card adapter market was valued at $32.5 million in 2021, and is projected to reach $40.4 million by 2031, registering a CAGR of 2.41% from 2022 to 2031. Rise in trend of micro SD cards around the globe drives growth of the micro SD card adapter market. In addition, increase in need for data storage boosts growth of the market.
The key factor that drives the growth of the micro SD card adapter market include surge in adoption of micro SD cards, prevailing demand for micro SD card adapters in cameras and growth in adoption of smartphones micro SD card adapter. Micro SD card adapters allow micro SD cards to fit in smartphones and store music, video, and media files. 5G smartphones are expected to witness exponential growth as consumer demand continues to rise with many looking forward to upgrading their phones, waiting to explore benefits of this new technology.
The global micro SD card adapter market is segmented on the basis of application and region. On the basis of application, it is fragmented into cameras, smartphones, tablets/pcs, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the market include Samsung electronics, Sandisk, Fujitsu, Inc., Verbatim, Transcend Information Inc., Kingston Technology, Lexar, UNIREX, Inc., NavionTruck, and Schneider Electric. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
Key Benefits For Stakeholders
By Application
By Region