PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550726
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550726
The Global USB Controllers Market is estimated to be valued at US$ 9.24 Bn in 2024 and is expected to reach US$ 17.85 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 9.24 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 9.90% | 2031 Value Projection: | US$ 17.85 Bn |
The global USB controllers market has been witnessing significant growth in the recent times. USB or Universal Serial Bus is a common interface that connects a wide range of devices including keyboards, pointing devices, digital cameras, printers, portable media players, and mobile phones to a host such as a personal computer, laptop or other computing devices. USB controllers help in managing the data flow between the USB devices and the host system. They handle various USB functions and data transfer protocols to provide plug-and-play capabilities. Factors such as increasing adoption of diverse USB devices across industries, growing popularity of USB Type-C ports and the need for faster data transfer are expected to drive the demand for USB controllers in the coming years.
The global USB controllers market growth is driven by rising demand for integrated and advanced connectivity solutions. Growing sales of consumer electronics and mobile devices that extensively use USB ports for connectivity and power supply are also boosting market growth. Moreover, increasing adoption of high speed USB 3.0/3.1 and USB Type-C standards for applications such as VR headsets, data transfer between Portable SSDs and computers is creating widespread opportunities. However, availability of alternatives interface technologies such as Thunderbolt may restrict the USB controller's market potential to some extent. Nevertheless, ongoing technological advancements in USB 4.0 providing data transfer up to 40Gbps will further enlarge the application scope and create new avenues over the forecast period.
This report provides in-depth analysis of the global USB controllers market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global USB controllers market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ASMedia Technology Inc., Broadcom Inc., Cypress Semiconductor Corporation (Infineon Technologies AG), Diodes Incorporated, Intel Corporation, Microchip Technology Inc., NXP Semiconductors N.V., ON Semiconductor Corporation, Renesas Electronics Corporation, Realtek Semiconductor Corporation, STMicroelectronics, Texas Instruments Incorporated, VIA Technologies, Inc., Winbond Electronics Corporation, and Zyxel Communications Corp.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global USB controller's market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global USB controllers market.