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Global Wired Interface Market 2018-2023 - Increasing Adoption Because of Low Data Streaming/Transferring Capacity of Bluetooth and Wi-Fi Technology

  (October 01, 2018)

DUBLIN, Oct. 1, 2018 /PRNewswire/ --

The "Wired Interface Market by Component Type (USB (USB TYPE C, and Other USB TYPE), HDMI, Thunderbolt, and DisplayPort), Device, and Geography (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The wired interface market is expected to reach 8.78 billion units by 2023 from 6.51 billion units in 2018, at a CAGR of 6.2% between 2018 and 2023.



The market was valued at USD 17.87 billion in 2018, and is expected to reach USD 34.72 billion by 2023, at a CAGR of 14.2% between 2018 and 2023.

Major factors driving the growth of the wired interface market include increasing use of consumer devices such as smartphone and increasing demand for wired interface due to its advantage of high data and power transfer capacity over wireless technology.

PCs and laptops are expected to hold the largest share of the wired interface market throughout the forecast period. Most PCs and laptops are equipped with USB, HDMI, DisplayPort, and Thunderport technologies. Demand for PC and laptop is expected to decrease during the forecast period because of the increase in the use of smartphones and tablets. Furthermore, because of the high price of laptops, in developing economies, consumers are delaying buying new PCs/laptops, thus extending the lifecycle of existing PCs/laptops.

The USB Type C wired interface is expected to grow at the highest CAGR during the forecast period. USB Type C wired interface is a two-way rotational 24-pin connector, which is smaller in size and can be embedded with all possible devices. Thus, they are currently being adopted in compact devices such as smartphone, tablets and wearables.

The wired interface market in North America is expected to register the highest CAGR during the forecast period. North America is a hub for technological innovations and an early adopter of new technologies. Factors such as presence of major companies, increasing consumer spending, and growing popularity of advanced devices are driving the wired interface market in North America. Asia Pacific accounted for the largest share of the overall wired interface market in 2017, with China being one of the major contributors in terms of market size.

The wired interface market is greatly influenced by the smartphone market. According to the Cisco VNI forecast, smartphones accounted for 3.6 billion units of all network devices in 2016 and are expected to reach 6.2 billion units by 2021. This is due to the growing adoption of smartphones in Asia Pacific (APAC) and Rest of the World (RoW). The growing adoption of smartphones is expected to propel the demand for USB Type C wired interface technology during the forecast period (2018-2023).
Tablet

Demand for tablets is expected to increase because of its compact size and processor upgrade. According to the Cisco VNI forecast, tablets accounted for 580.3 million units of all networks devices in 2016 and are expected to grow at a CAGR of 5.3% during the forecast period. The USB wired interface technology is used in tablets for data and power connectivity purposes.
PC & Laptop

Demand for PCs and laptops is expected to decrease during the forecast period because of the increase in the use of smartphones and tablets. Furthermore, because of the high price of laptops, in developing economies, consumers are delaying buying new PCs/laptops, thus extending the lifecycle of existing PCs/laptops, which would indirectly affect the overall market revenue. Most PCs and laptops are equipped with USB, HDMI, DisplayPort, and Thunderport technologies.

The shipment of PCs and tablets has witnessed a decline over the past few years. Moreover, the decline in shipment is expected to continue at least for the next couple of years and is attributed to the mature installed base and high replacement cycle of these two products. Despite the growth of overall consumer electronics segment in Asia Pacific, the shipment of PCs and tablets is expected to witness a negligible growth, affected largely by the improved performance of phablets and falling prices of smartphones. Thus, falling shipment of PCs and laptops may adversely impact the growth of the wired interface market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for the Wired Interface Market
4.2 Wired Interface Market, By Device
4.3 Wired Interface Market, By Component Type
4.4 Wired Interface Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Smartphones
5.2.1.2 Increasing Adoption of Wired Interface Connectivity Because of Low Data Streaming/Transferring Capacity of Bluetooth and Wi-Fi Technology
5.2.1.3 Proliferation of Automotive Infotainment
5.2.2 Restraints
5.2.2.1 Declining Shipment of PCS and Tablets
5.2.2.2 Overall Drop in Global Commodity Prices
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Drone Market
5.2.3.2 Increasing Application of Wired Interface in New Devices
5.2.4 Challenges
5.2.4.1 Certification of Products
5.3 Value Chain Analysis
5.3.1 Research & Development
5.3.2 Manufacturing and Assembly
5.3.3 Distribution, Sales and Marketing

6 Wired Interface Market, By Component
6.1 Introduction
6.2 USB Wired Interface
6.2.1 USB Type C Wired Interface
6.2.2 Other USB Type Wired Interface
6.3 Hdmi Wired Interface
6.4 Displayport Wired Interface
6.5 Thunderbolt Wired Interface

7 Wired Interface Market, By Device
7.1 Introduction
7.2 Smartphone
7.3 Tablet
7.4 PC and Laptop
7.5 Television
7.6 Virtual Reality
7.7 Drones
7.8 Gaming Console
7.9 External Hard Disk
7.10 Camera
7.11 Projector
7.12 Wearable
7.13 Home Theatre and Multimedia Device
7.14 Power Bank
7.15 Automotive
7.16 Display Monitor
7.17 USB Flash Drive
7.18 Set-Top Box

8 Geographic Analysis

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking Analysis
9.3 Competitive Scenario
9.3.1 Product Launches and Developments
9.3.2 10 Most Recent Partnerships, Contracts, Acquisitions, and Agreements

10 Company Profiles
10.1 Key Players
10.1.1 Molex Inc.
10.1.2 Amphenol Corporation
10.1.3 Japan Aviation Electronics Industry, Ltd.
10.1.4 TE Connectivity Ltd.
10.1.5 Stmicroelectronics N.V.
10.1.6 NXP Semiconductors N.V.
10.1.7 Microchip Technology Inc
10.1.8 Texas Instruments Inc
10.1.9 Cypress Semiconductor Corp.
10.1.10 Rohm Co., Ltd.
10.1.11 Hirose Electric Co., Ltd.
10.1.12 on Semiconductor Corporation
10.1.13 Analog Devices Inc.
10.1.14 Diodes Inc.
10.1.15 Murata Manufacturing Co. Ltd.
10.1.16 Vishay Intertechnology, Inc.
10.1.17 Silicon Laboratories Inc.
10.1.18 Maxim Integrated Products, Inc.
10.1.19 CUI, Inc.
10.1.20 Yamaichi Electronics Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/mnrckl/global_wired?w=5

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