by The USB controllers market involves component chips that provide transfer of data between the host computer and peripheral devices connected through USB ports. USB controllers enable high-speed, easy-to-use, and plug-and-play connectivity for smartphones, laptops, tablets and other portable consumer devices with peripheral accessories such as external hard
drives, printers, keyboards and mice. USB controllers support vastly improved data transfer rates over older standards, allowing faster syncing and transfers of large multimedia files including high-resolution photos and 4K videos. The Global USB Controllers Market is estimated to be valued at US$ 9.24 Bn in 2024 and is expected to exhibit a CAGR of 9.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the USB Controllers are 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.
USB Controllers Market opportunities include the growing adoption of USB Type-C and USB 3.X standards across consumer electronics and the emergence of new applications such as Virtual Reality (VR) headsets and external graphics processing units (eGPU). Manufacturers are also developing integrated Smart USB hubs with advanced port controllers, protocols, and drivers that support the latest USB 3.2 and USB 4.0 standards.
Technological advancements in the USB market such as USB 3.2 and USB 4.0 standards offer data transfer speeds of up to 20 Gbps and beyond 40 Gbps respectively. These high- speed standards facilitate faster syncing and data transfers for USB storage drives, SSDs and other high capacity peripheral devices. Newer interface protocols like USB 3.2 Gen 2×2 and USB 4 leveraging PCIe architecture also promise better power efficiency and connectivity range.
Market Drivers
The key drivers for the USB controllers market include growing sales of smartphones, laptops and other portable consumer electronics. Improved internal storage capacities and features like 4K video recording are driving the need for high-speed external USB drives and SSDs. The rising demand for external graphics processing units (eGPU) and virtual/augmented reality headsets also contributes to the growing requirement for high performance and versatile USB controllers supporting new connectivity standards. Growing BYOD and CYOD trends in workplaces further augment the USB controllers market growth. USB Controllers Market: Challenges
USB Controllers Market Challenges and Opportunities highlight that security of data transfer and storage has always been a major challenge for USB controllers. As USB devices are used for transferring large amounts of data frequently, there are high risks of data theft and breaches.
Manufacturers are focusing on integrating better encryption standards but 100% security can never be guaranteed. Compatibility issues also pose problems, as not all controllers and USB devices work seamlessly together owing to differences in specifications and protocols. This restricts user experience. Another challenge is continuous improvement in technology. As USB standards keep getting advanced, controllers need frequent updates to sustain performance. This increases costs and planning difficulties for businesses.
SWOT Analysis
Strength: USB is a globally accepted standard, allowing seamless connectivity. Wide compatibility reduces entry barriers.
Weakness: USB technology may become outdated sooner if advancement pace increases. Maintaining quality while lowering costs is challenging.
Opportunity: Growing IoT industry relies on USB for data/power transfer. Demand from automotive, healthcare also offers scope.
Threats: Alternate connectivity technologies like Thunderbolt may gain traction. Intense competition can lead to price wars.
Geographical regions
In terms of value, North America currently holds the largest share in the USB controllers market owing to high adoption of smart devices. Asia Pacific region is also a major manufacturing base and consumer market, making it another revenue hotspot.
The USB controllers market is witnessing fastest growth in the Asia Pacific region. Proliferation of electronic devices in the daily lives of masses across countries like China and India is propelling demand. Rising disposable incomes enable greater USB upgrades.
*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.
About Author - Ravina Pandya
Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
