USB Devices Market- Global Industry Size, Share, Trend Analysis, Outlook, Growth, Opportunity and Forecast, 2017-2027, Segmented By Type (USB 1.0, USB 2.0, USB 3.0, USB 4.0), By Product (Webcam, USB Flash Drives, Memory Card Readers, Digital Audio Players, Computer Peripherals, Scanners and Printers, Others), By Connector Type (Type A, Type B, Type C, Lightning Conductor), By Application (Consumer Electronics, IT And Telecommunications, Automotive, Health and Medical Devices, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)

  • Published Date: October 2021
  • Report ID: BWC21141
  • Available Format: PDF
  • Page: 197

Report Overview

The growth of the global USB devices market is attributed to the increasing volume of data and expanding need for faster data transfer devices that offer great speed and high compatibility.

Global USB Devices Market- Industry Trends & Forecast Report 2027

The global USB Devices market was worth USD 19,255 million in 2020 and is further projected to reach USD 48,053 million by the year 2027, growing at the CAGR of 14% in the forecast period. Factors such as the increasing volume of data and expanding need for faster data transfer devices that offer great speed and high compatibility is propelling the growth of the global USB devices market. Furthermore, technological advancements and introductions of compact USB devices with higher memory capacity is anticipated to boost the market in the forecast period.

USB Devices Market

Source: BlueWeave Consulting

Global USB Devices Market- Overview

The Universal Serial Bus (USB) specifies cables, connections, and protocols for connecting, communicating, and powering (interfacing) computers, peripherals, and other devices. In layman language, a USB device refers to a device that stores or transfers data. Some of the most commonly used USB devices are webcams, digital cameras, printers, etc. The general public is increasingly using USB devices instead of Ethernet and HDMI cables. The computer system automatically recognizes the USB drive and displays its content and files.

Global USB Devices Market Forecast and Trends

Growth Drivers

Growing Demand for USB Devices in The Healthcare Industry

Increased adoption of USB in the healthcare industry is emerging as a major driving factor for the global USB devices market. Consumers can use USBs for their health and wellness. For instance, consumers can use a USB device, such as an exercise watch or a heart rate monitor, to connect with electronic devices, such as PCs or smartphones. Additionally, these devices can be used for transferring and downloading patient data, which can then be immediately delivered for review and assessment, boosting productivity and decreasing cost. Such applications are likely to drive the growth of the global USB devices market.

Technological Advancements in USB Devices

With increasing data volume and competitiveness in the market, market players are significantly focusing as well as investing towards advancing their products. They are frequently launching high-speed data transfer USB devices with compact sizes to attract the consumer base. For instance, the USB device makers are rapidly shifting towards the USB 4 standard, which offers 40 Gbps maximum speed, DisplayPort Alt Mode 2.0, and better resource allocation for video. This development is likely to boost the global USB devices market in the forecast period.

Restraints

Declining Shipments for PCs and Laptops

PCs and laptops are the most common devices that use a USB. However, it is estimated that the decline in demand for these electronics products in the forecast period will pose a major threat to the growth of the global USB devices market. As a result of smartphones' competitive prices and their ability to perform a wide variety of tasks, smartphones and tablets have created stiff competition for laptops and PCs that could threaten the USB devices market.

Impact of COVID-19 on Global USB Devices Market

After the sudden outbreak of the COVID-19 pandemic and the lockdown protocols that followed, life and working conditions were completely altered. Due to online schooling and remote working in organizations, the volume of data increased at a high rate, propelling the demand for USB devices. However, the manufacturing operations and the distribution channels for non-essential commodities such as USB devices were completely shut down, which created a huge demand and supply gap in the market, incurring severe losses to the market. Furthermore, due to a shortage of chips used in USB production, the market is expected to recover in the post-COVID-19 period at an extremely slow pace.

Global USB Devices Market - By Type

Based on types, the global USB devices market is segmented into USB 1.0, USB 2.0, USB 3.0, and USB 4.0. Among these, the USB 3.0 segment accounts for the largest share in the global USB devices market because of its high transmission speed of up to 5 Gbit/s, which is around 10 times faster than its previous counterparts. This type of USB device can be connected to a wide array of computers or any devices, such as tablets, phones, keyboards, flash drives, cameras, etc., which is contributing to its market growth.

Global USB Devices Market - By Product

Based on products, the global USB devices market is segmented into a webcam, USB flash drives, memory card readers, digital audio players, computer peripherals, scanners and printers, and others. The computer peripherals segment, consisting of mouse, keyboards, headsets, etc., hold the largest market share. The factor propelling the demand for USB devices for computer peripherals is the growing demand for faster connectivity. Furthermore, the frequent launches of USB devices that offer higher transfer rates, greater power management capacity is also boosting the use of USB devices in computer peripherals.

Global USB Devices Market - Regional Insights

Geographically, the global USB devices market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, North America dominates the global USB devices market because of the presence of a large number of consumer goods and manufacturing companies. Furthermore, intensive investment towards technological advancements and research & development by industry players also play a crucial factor in driving the market growth in this region. On the other hand, the Asia-Pacific region is estimated to witness the highest CAGR during the forecast period because of the expanding electronic manufacturing industry in the APAC countries.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The leading players in the global USB devices market are Corsair Memory, Inc, ADATA Technology Co. Ltd, Hewlett Packard Company, Western Digital Corporation (SanDisk), Kingston Technology Corporation, Toshiba Corporation, Samsung Corporation, Micron Technology, Inc, Verbatim Americas LLC, Imation Corporation, Transcend Information, Inc, Teclast Electronics Co., Ltd., Netac Technology Co Ltd, Intel Corporation, Koninklijke Philips N.V., and other prominent players.

The market is highly concentrated, with the presence of global technology giants such as HP, SanDisk, Philips, Intel, etc., who cover significant shares in the market. To gain a competitive advantage, companies invest significantly in product launches and data transfer speeds. This market also shows strong adoption of competitive strategies such as partnerships, mergers, acquisitions, and joint ventures.

Recent Developments

  • In October 2021, Inseego Corp., a US-based 5G and IoT device solutions provider, announced the availability of the USB8L 4G Global modem for small businesses, enterprises, and government.
  • In August 2021, IGEL Technology, a German software company, announced the launch of the UD Pocket2, a portable USB device with a USB-A and a USB-C connector.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Million

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Type, By Product, By Connector Type, By Application, By Region

Key Players

Corsair Memory, Inc, ADATA Technology Co. Ltd, Hewlett Packard Company, Western Digital Corporation (SanDisk), Kingston Technology Corporation, Toshiba Corporation, Samsung Corporation, Micron Technology, Inc, Verbatim Americas LLC, Imation Corporation, Transcend Information, Inc, Teclast Electronics Co., Ltd., Netac Technology Co Ltd, Intel Corporation, Koninklijke Philips N.V., and other prominent players.

 

By Type

  • USB 1.0
  • USB 2.0
  • USB 3.0
  • USB 4.0

By Product

  • Webcam
  • USB Flash Drives
  • Memory Card Readers
  • Digital Audio Players
  • Computer Peripherals
  • Scanners and Printers
  • Others

By Connector Type

  • Type A
  • Type B
  • Type C
  • Lightening Conductor

By Application

  • Consumer Electronics
  • IT And Telecommunications
  • Automotive
  • Health and Medical Devices
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Key Market Segments
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insight and Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Increasing Demand for Consumer Electronics
        2. Rising demand for wireless connectivity
      2. Market Restraints
        1. Declining Shipment of PCS and Laptops
      3. Market Challenges
        1. Impact of COVID-19 on the USB market
      4. Market Opportunity
        1. Growing Demand for USB Devices in the healthcare sector
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. Global USB Device Market Overview
    1. Market Size & Forecast by Value, 2017-2027
    2. Market Size and Forecast, By Segment
      1. By Type
        1. USB 1.0
        2. USB 2.0
        3. USB 3.0
        4. USB 4.0
      2. By Product
        1. Webcam
        2. USB Flash Drives
        3. Memory Card Readers
        4. Digital Audio Players
        5. Computer Peripherals
        6. Scanners And Printers
        7. Others
      3. By Connector Type
        1. Type A
        2. Type B
        3. Type C
        4. Lightening Conductor
      4. By Application
        1. Consumer Electronics
        2. IT And Telecommunications
        3. Automotive
        4. Health And Medical Devices
        5. Others
      5. By Region
        1. North America
        2. Europe
        3. Asia-Pacific
        4. Latin America
        5. Middle East & Africa
  6. North America USB Device Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Product
      3. By Connector Type
      4. By Application
      5. By Country
        1. U.S.
        2. Canada
  7. Europe USB Device Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Product
      3. By Connector Type
      4. By Application
      5. By Country
        1. Germany
        2. U.K.
        3. Russia
        4. France
        5. Italy
        6. Spain
        7. Rest of Europe
  8. APAC USB Device Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Product
      3. By Connector Type
      4. By Application
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of APAC
  9. LATAM USB Device Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
      1. By Type
      2. By Product
      3. By Connector Type
      4. By Application
      5. By Country
        1. Mexico
        2. Brazil
        3. Rest of LATAM
  10. MEA USB Device Market Overview
    1. Market Size and Forecast
      1. By Value (USD Million), 2020-2027
    2. Market Share and Forecast
    3. By Type
    4. By Product
    5. By Connector Type
    6. By Application
    7. By Country
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking by Operating Parameters
  12. Impact of COVID-19 on Global USB Device Market
  13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Corsair Memory, Inc
    2. ADATA Technology Co. Ltd
    3. Hewlett Packard Company
    4. Western Digital Corporation (SanDisk)
    5. Kingston Technology Corporation
    6. Toshiba Corporation
    7. Samsung Corporation
    8. Micron Technology, Inc
    9. Verbatim Americas LLC
    10. Imation Corporation
    11. Transcend Information, Inc
    12. Teclast Electronics Co., Ltd.
    13. Netac Technology Co Ltd
    14. Intel Corporation
    15. Koninklijke Philips N.V.
    16. Other Prominent Players
  14. Key Strategic Recommendations

 

List of Figures

 

 

Figure 1: Global USB Device Market Segmentation

 

Figure 2: Global USB Device Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2020

 

Figure 4: Global USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 5: Global USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 6: Global USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 7: Global USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 8: Global USB Device Market Share (%), By Application, By Value, 2017-2027

 

Figure 9: Global USB Device Market Share (%), By Region, By Value, 2017-2027

 

Figure 10: North America USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 11: North America USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 12: North America USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 13: North America USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 14: North America USB Device Market Share (%), By Application, By Value, 2017-2027

 

Figure 15: North America USB Device Market Share (%), By Country, By Value, 2017-2027

 

Figure 16: Europe USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 17: Europe USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 18: Europe USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 19: Europe USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 20: Europe USB Device Market Share (%), by Application, By Value, 2017-2027

 

Figure 21: Europe USB Device Market Share (%), By Country, By Value, 2017-2027

 

Figure 22: Asia-Pacific USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 23: Asia-Pacific USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 24: Asia-Pacific USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 25: Asia-Pacific USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 26: Asia-Pacific USB Device Market Share (%), By Application, By Value, 2017-2027

 

Figure 27: Asia-Pacific USB Device Market Share (%), By Country, By Value, 2017-2027

 

Figure 28: Latin America USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 29: Latin America USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 30: Latin America USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 31: Latin America USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 32: Latin America USB Device Market Share (%), By Application, By Value, 2017-2027

 

Figure 33: Latin America USB Device Market Share (%), By Country, By Value, 2017-2027

 

Figure 34: Middle East & Africa USB Device Market Size, By Value (USD Million), 2017-2027

 

Figure 35: Middle East & Africa USB Device Market Share (%), By Type, By Value, 2017-2027

 

Figure 36: Middle East & Africa USB Device Market Share (%), By Product, By Value, 2017-2027

 

Figure 37: Middle East & Africa USB Device Market Share (%), By Connector Type, By Value, 2017-2027

 

Figure 38: Middle East & Africa USB Device Market Share (%), By Application, By Value, 2017-2027

 

Figure 39: Middle East & Africa USB Device Market Share (%), By Region, By Value, 2017-2027

 

 

List of Tables

 

 

Table 1: Global USB Device Market Size, By Type, By Value, 2017-2027

 

Table 2: Global USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 3: Global USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 4: Global USB Device Market Size, By Application, By Value (USD Million), 2017-2027

 

Table 5: Global USB Device Market Size, By Region, By Value (USD Million), 2017-2027

 

Table 6: North America USB Device Market Size, By Type, By Value (USD Million), 2017-2027

 

Table 7: North America USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 8: North America USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 9: North America USB Device Market Size, By Application, By Value (USD Million), 2017-2027,

 

Table 10: Europe USB Device Market Size, By Type, By Value (USD Million), 2017-2027

 

Table 11: Europe USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 12: Europe USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 13: Europe USB Device Market Size, By Application, By Value (USD Million), 2017-2027

 

Table 14: the Asia-Pacific USB Device Market Size, By Type, By Value (USD Million), 2017-2027

 

Table 15: the Asia-Pacific USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 16: the Asia-Pacific USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 17: the Asia-Pacific USB Device Market Size, By Application, By Value (USD Million), 2017-2027

 

Table 18: Latin America USB Device Market Size, By Type, By Value (USD Million), 2017-2027

 

Table 19: Latin America USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 20: Latin America USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 21: Latin America USB Device Market Size, By Application, By Value (USD Million), 2017-2027

 

Table 22: The Middle-East & Africa USB Device Market Size, By Type, By Value (USD Million), 2017-2027

 

Table 23: The Middle-East & Africa USB Device Market Size, By Product, By Value (USD Million), 2017-2027

 

Table 24: The Middle-East & Africa USB Device Market Size, By Connector Type, By Value (USD Million), 2017-2027

 

Table 25: The Middle-East & Africa USB Device Market Size, By Application, By Value (USD Million), 2017-2027

 

Table 26: Corsair Memory, Inc Financial Analysis

Table 27: Corsair Memory, Inc Business Overview

Table 28: ADATA Technology Co. Ltd Financial Analysis

Table 29: ADATA Technology Co. Ltd Business Overview

Table 30: Hewlett Packard Company Corporation Financial Analysis

Table 31: Hewlett Packard Company Corporation Business Overview

Table 32: Western Digital Corporation (SanDisk) Financial Analysis

Table 33: Western Digital Corporation (SanDisk) Business Overview

Table 34: Kingston Technology Corporation Financial Analysis

Table 35: Kingston Technology Corporation Business Overview

Table 36: Toshiba Corporation Financial Analysis

Table 37: Toshiba Corporation Business Overview

Table 38: Samsung Corporation Financial Analysis

Table 39: Samsung Corporation Business Overview

Table 40: Micron Technology, Inc Financial Analysis

Table 41: Micron Technology, Inc Business Overview

Table 42: Verbatim Americas LLC Financial Analysis

Table 43: Verbatim Americas LLC Business Overview

Table 44: Imation Corporation Financial Analysis

Table 45: Imation Corporation Business Overview

Table 46: Transcend Information, Inc Financial Analysis

Table 47: Transcend Information, Inc Financial Analysis

Table 48: Teclast Electronics Co., Ltd. Financial Analysis

Table 49: Teclast Electronics Co., Ltd. Business Overview

Table 50: Netac Technology Co Ltd Financial Analysis

Table 51: Netac Technology Co Ltd Business Overview

Table 52: Intel Corporation Financial Analysis

Table 53: Intel Corporation Business Overview

Table 54: Koninklijke Philips N.V. Financial Analysis

Table 55: Koninklijke Philips N.V. Business Overview

Table 56: Drobo Inc. Financial Analysis

Table 57: Drobo Inc. Business Overview

Table 58: Cloudian Inc. Financial Analysis

Table 59: Cloudian Inc. Business Overview

Table 60: Huawei Technologies Co.  Financial Analysis

Table 61: Huawei Technologies Co.  Business Overview

Table 62: Micron Technology Financial Analysis

Table 63: Micron Technology Business Overview

 

Market Segmentation

By Type

  • USB 1.0
  • USB 2.0
  • USB 3.0
  • USB 4.0

By Product

  • Webcam
  • USB Flash Drives
  • Memory Card Readers
  • Digital Audio Players
  • Computer Peripherals
  • Scanners and Printers
  • Others

By Connector Type

  • Type A
  • Type B
  • Type C
  • Lightening Conductor

By Application

  • Consumer Electronics
  • IT And Telecommunications
  • Automotive
  • Health and Medical Devices
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
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Frequently Asked Questions:

Ans: The global USB devices market reached USD 19,255 million in 2020.
Ans: The major factors driving the growth of the global USB devices market are the growing demand for USB devices in the healthcare industry and technological advancements in USB devices.
Ans: The key players in the global USB devices market are: Corsair Memory, Inc, ADATA Technology Co. Ltd, Hewlett Packard Company, Western Digital Corporation (SanDisk), Kingston Technology Corporation, Toshiba Corporation, Samsung Corporation, Micron Technology, Inc, Verbatim Americas LLC, Imation Corporation, Transcend Information, Inc, Teclast Electronics Co., Ltd., Netac Technology Co Ltd, Intel Corporation, Koninklijke Philips N.V., and other prominent players.
Ans: The consumer electronics segment accounted for the largest share in the global USB devices market.
Ans: North America has the largest share in the global USB devices market.