Albany, NY -- (SBWIRE) -- 11/19/2012 -- TechNavio's analysts forecast the SD card market in India to grow at a CAGR of 24 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for SD cards in smartphones. The SD Card market in India has also been witnessing a high mobile penetration rate. However, the declining price of SD cards could pose a challenge to the growth of this market. Read the full press release at http://www.sbwire.com/press-releases/sd-card-market-in-india-2011-2015-marketresearchreportsbiz-180235.htm