Wednesday, May 17, 2006

Semico Research: flash card market to top $27 billion in '08

EETimes.com reports that according to Semico Research"the market for flash cards is expected to grow in value from $8 billion in 2003 to more than $27 billion by 2008.

Jim Handy at Semico said, "The displacement of cameras as the flash card leading application is due partly to the incredible growth of camera phones coupled with consumers interest to play music on their cell phones."

Semico believed that "digital cell phones and card-based camcorders (CBCs) will offer significant opportunities for card manufacturers in the near future."

The relentless pursuit for more mobile storage coupled with the myriad memory card formats will definitely help this trend. While some argue micro hard drives and their larger capacities will steal flash memory's thunder, the key for the mass market mobile devices will be design and durability, and for now flash winds hands down in those categories....