According to 6Wresearch, India Memory Card Market shipments volume reached 14.5 Million units in CY Q4 2013. SANDISK emerged as the market leader followed by TRANSCEND.
Increasing usage of cameras and other multimedia functions amongst Indian consumers have resulted in the need for external storage device i.e. Memory Card. Further, growing awareness towards mobile applications such as music, videos and photos is also fueling growth of the Memory Card market in India.
Source: 6Wresearch Quarterly India Memory Card Market, CY Q4 2013.
Note: Others include 128 GB, 64 GB, 32 GB, 16 GB, 1 GB and 512 MB memory cards.
Key Highlights (CY Q4 2013)
Rise in demand for smart phones, tablets and digital cameras has created a need for mass data storage devices in India. Additionally, the OEMs strategy of offering free memory card with electronic devices is also driving growth of the India Memory Card market.