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SanDisk tops Indian consumer storage market in Q1

IANS  |  New Delhi 

US-based continued to rule the Indian consumer storage market with 47 per cent market share (in terms of units shipped) in the first quarter of 2018, a report said on Wednesday.

Singapore-based maintained its second position and South Korean tech cpmpany stood third, beating Sony, as the Indian consumer storage memory market witnessed 14 per cent growth in the first quarter compared to same quarter last year, according to a reprot by (CMR).

"Despite the growth in the sale of huge in-built memory smartphones, Micro-SD cards made its way to be the and the major growth contributor," Shipra Sinha, Lead Analyst, CyberMedia Research, said in a statement.

The quarter witnessed a shift towards 32GB capacity segment.

This segment witnessed 46 per cent sequential growth in terms of unit shipments. 64GB capacity segment also witnessed a sequential growth of 49 per cent in terms of unit shipments.

The 16GB capacity segment continued to remain the major contributor.

"However, with the advent of AI and IoT, and the increasing volumes of data extracted through them, the market for consumer storage will witness an upward trend over the long-term," Sinha noted.

--IANS

na/vm

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 19:26 IST
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