×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

USB Devices Market

ID: MRFR/SEM/7199-CR
111 Pages
Ankit Gupta
February 2022

USB Devices Market Research Report Information By Product (Webcam, USB flash drives, memory card readers, digital audio players, computer peripherals, scanners & printers and others), By Type (USB 1.0, USB 2.0, USB 3.0 and Others), By Connector Type (Type A, Type B, Type C and Lightning Connector), By Application (Consumer electronics, IT & telecommunication, Automotive, Healthcare & medical devices and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Industry Forecast Till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

USB Devices Market Infographic
Purchase Options

USB Devices Market Summary

As per MRFR analysis, the USB Devices Market Size was estimated at 35.05 USD Billion in 2024. The USB Devices industry is projected to grow from 38.73 USD Billion in 2025 to 105.24 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 10.51 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The USB Devices Market is experiencing robust growth driven by technological advancements and increasing consumer demand.

  • North America remains the largest market for USB devices, driven by high consumer electronics adoption.
  • Asia-Pacific is the fastest-growing region, reflecting a surge in e-commerce and portable device usage.
  • Webcams represent the largest segment, while USB flash drives are witnessing the fastest growth due to rising data storage needs.
  • Key market drivers include the increasing adoption of portable devices and technological advancements in USB standards.

Market Size & Forecast

2024 Market Size 35.05 (USD Billion)
2035 Market Size 105.24 (USD Billion)
CAGR (2025 - 2035) 10.51%

Major Players

Apple Inc (US), Samsung Electronics (KR), SanDisk Corporation (US), Kingston Technology Company (US), Transcend Information Inc (TW), Lexar Media Inc (US), PNY Technologies Inc (US), ADATA Technology Co Ltd (TW), Toshiba Corporation (JP)

USB Devices Market Trends

The USB Devices Market is currently experiencing a dynamic evolution, driven by the increasing demand for connectivity and data transfer solutions across various sectors. As technology advances, the proliferation of devices requiring USB interfaces continues to rise, suggesting a robust growth trajectory. This market encompasses a wide array of products, including flash drives, external hard drives, and various peripherals, all of which play a crucial role in enhancing user experience and productivity. Furthermore, the integration of USB technology into emerging applications, such as IoT devices and smart home systems, indicates a shift towards more versatile and multifunctional solutions. In addition, the growing emphasis on data security and efficient power management is shaping product development within the USB Devices Market. Manufacturers are increasingly focusing on creating devices that not only meet performance standards but also adhere to safety regulations. This trend reflects a broader awareness of the importance of sustainability and user safety in technology. As the market continues to evolve, it appears poised for further innovation, with potential advancements in speed, capacity, and compatibility, which may redefine user expectations and industry standards.

Rising Demand for High-Speed Data Transfer

The USB Devices Market is witnessing a notable shift towards high-speed data transfer solutions. As users increasingly require faster and more efficient methods for transferring large files, manufacturers are responding by developing advanced USB standards that facilitate quicker data exchange. This trend is particularly evident in sectors such as media production and gaming, where performance is paramount.

Integration with Smart Technologies

There is a growing trend of integrating USB devices with smart technologies, reflecting the increasing interconnectedness of devices in everyday life. This integration enhances functionality, allowing users to control and manage multiple devices seamlessly. As smart home systems gain traction, the demand for USB devices that can interface with these technologies is likely to rise.

Focus on Energy Efficiency and Sustainability

The USB Devices Market is also seeing a heightened focus on energy efficiency and sustainability. Manufacturers are prioritizing the development of eco-friendly products that consume less power and utilize recyclable materials. This trend aligns with global efforts to reduce environmental impact and promote sustainable practices within the technology sector.

USB Devices Market Drivers

Growth of the Internet of Things (IoT)

The growth of the Internet of Things (IoT) is significantly impacting the USB Devices Market. As more devices become interconnected, the need for reliable and efficient data transfer solutions is paramount. USB devices play a crucial role in facilitating connectivity among IoT devices, which are projected to reach over 30 billion by 2025. This surge in IoT adoption is likely to drive demand for USB hubs, adapters, and other related accessories. The integration of USB technology in IoT applications suggests a promising future for the USB Devices Market, as manufacturers innovate to create products that cater to the unique requirements of IoT ecosystems. This trend indicates a shift towards a more interconnected world, where USB devices serve as essential components.

Increasing Adoption of Portable Devices

The proliferation of portable devices such as smartphones, tablets, and laptops has catalyzed the USB Devices Market. As consumers increasingly rely on these devices for both personal and professional use, the demand for USB devices has surged. In 2025, it is estimated that the number of portable device users will exceed 3 billion, driving the need for compatible USB accessories. This trend indicates a robust growth trajectory for the USB Devices Market, as manufacturers strive to meet the evolving needs of consumers. Furthermore, the integration of USB-C technology in many new devices enhances compatibility and convenience, further propelling market expansion. The shift towards portability and convenience appears to be a key driver in shaping the future landscape of the USB Devices Market.

Expansion of E-commerce and Online Retail

The rapid expansion of e-commerce and online retail platforms has significantly influenced the USB Devices Market. As consumers increasingly turn to online shopping for electronics and accessories, the accessibility of USB devices has improved. In 2025, online sales of USB devices are projected to account for over 40% of total sales, reflecting a shift in consumer purchasing behavior. This trend not only enhances market reach for manufacturers but also fosters competition among retailers, leading to better pricing and product variety. The convenience of online shopping, coupled with the growing trend of home office setups, suggests that the USB Devices Market will continue to thrive as consumers seek reliable and efficient connectivity solutions.

Rising Demand for Data Security Solutions

As data breaches and cyber threats become increasingly prevalent, the demand for data security solutions within the USB Devices Market is on the rise. Consumers and businesses alike are seeking USB devices that offer enhanced security features, such as encryption and secure access controls. In 2025, the market for secure USB devices is expected to grow by over 25%, reflecting a heightened awareness of data protection. This trend indicates that manufacturers must prioritize security in their product offerings to remain competitive. The increasing reliance on USB devices for sensitive data transfer suggests that the USB Devices Market will continue to evolve, focusing on integrating advanced security measures to meet consumer expectations.

Technological Advancements in USB Standards

Technological advancements in USB standards, particularly the introduction of USB 4.0, are poised to reshape the USB Devices Market. This new standard offers enhanced data transfer speeds, improved power delivery, and greater versatility in device connectivity. As more devices adopt USB 4.0, the demand for compatible accessories is likely to increase. In 2025, it is anticipated that USB 4.0-enabled devices will constitute a significant portion of the market, driving innovation among manufacturers. The evolution of USB technology not only enhances user experience but also encourages the development of new applications and functionalities, thereby expanding the USB Devices Market. This ongoing technological evolution appears to be a critical factor in sustaining market growth.

Market Segment Insights

USB Devices Market Product Insights

The USB Devices Market segmentation, based on product includes webcam, USB flash drives, memory card readers, digital audio players, computer peripherals, scanners & printers and others. The computer peripherals segment dominated the market. Any external device that offers input and output to the computer is considered a computer peripheral. Any supplemental hardware, such as computer mouse or keyboard, that connects to and works with a computer is a peripheral device. A PC's peripheral devices are connected using the serial bus standard known as USB.

USB Devices Market Type Insights

The USB Devices Market segmentation, based on type, includes USB 1.0, USB 2.0, USB 3.0 and others. The USB 3.0 category generated the most income. The SuperSpeed USB is another name for USB 3.0. A maximum data transfer rate of 5 gigabits per second is supported by USB 3.0 ports, which include nine pins, greater full bus power, improved power management, and new connections and cables that enable faster transfer rates and more capacity. Additionally, USB 3.0 allowed for simultaneous data transmission in both ways, allowing for simultaneous downloads and uploads.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

USB Devices Market Connector Type Insights

The USB Devices Market segmentation, based on connector type, includes type A, type B, type C and lightning connector. The type A category generated the most income. The rectangular, flat USB Type-A connectors are also referred to as Standard-A connectors. A variety of hosts, such as gaming consoles, media players, and desktop and laptop computers, typically had standard Type-A connectors. Although peripheral devices occasionally use the USB A connection as an upstream connector, it is most frequently employed on computer host controllers and hubs.

USB Devices Market Application Insights

The USB Devices Market segmentation, based on application, includes consumer electronics, IT & telecommunication, automotive, healthcare & medical devices and others. The consumer electronics category generated the most income. The connections, cables, and adaptors for USB Type-C are used in the creation of consumer electronics applications. They are connected to USB devices so that users can watch movies, listen to music, or even read books on those storage devices. Devices and hosts can be linked together using the USB Type-C connector.

Its reversible plug position and cable direction mean that it does not matter which side of the connector or end of the cable is inserted into the device.

Get more detailed insights about USB Devices Market

Regional Insights

North America : Tech Innovation Leader

North America is the largest market for USB devices, holding approximately 40% of the global share. The region's growth is driven by high consumer demand for advanced technology, increasing adoption of cloud storage solutions, and a robust e-commerce sector. Regulatory support for technology innovation further catalyzes market expansion, with initiatives aimed at enhancing digital infrastructure and cybersecurity. The United States leads the market, with major players like Apple Inc., SanDisk Corporation, and Kingston Technology Company headquartered here. The competitive landscape is characterized by continuous innovation and product diversification, with companies focusing on high-capacity and high-speed USB devices to meet consumer needs. Canada also contributes significantly, driven by its growing tech sector and increasing digitalization.

Europe : Emerging USB Market Hub

Europe is witnessing a significant rise in the USB devices market, accounting for approximately 30% of the global share. The region's growth is fueled by increasing demand for portable storage solutions, regulatory initiatives promoting digital transformation, and a strong emphasis on data security. Countries like Germany and the UK are at the forefront, with supportive policies aimed at enhancing technological infrastructure and innovation. Germany is the largest market in Europe, followed closely by the UK and France. The competitive landscape features key players such as Samsung Electronics and Transcend Information, which are investing heavily in R&D to develop cutting-edge USB technology. The presence of a well-established manufacturing base and a growing consumer electronics market further bolster the region's position in The USB Devices Market.

Asia-Pacific : Rapid Growth and Adoption

Asia-Pacific is rapidly emerging as a powerhouse in the USB devices market, holding approximately 25% of the global share. The region's growth is driven by increasing smartphone penetration, rising disposable incomes, and a burgeoning e-commerce sector. Countries like China and India are leading the charge, supported by government initiatives aimed at boosting digital literacy and technology adoption. China is the largest market in the region, with significant contributions from local manufacturers such as ADATA Technology and Toshiba Corporation. The competitive landscape is marked by a mix of established players and new entrants, all vying for market share through innovative product offerings. The region's focus on enhancing manufacturing capabilities and technological advancements positions it well for future growth in the USB devices market.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa region is gradually emerging in the USB devices market, accounting for about 5% of the global share. The growth is primarily driven by increasing digitalization, rising internet penetration, and a growing demand for portable storage solutions. Countries like South Africa and the UAE are leading the market, supported by government initiatives aimed at enhancing technological infrastructure and promoting innovation. South Africa is the largest market in the region, with a competitive landscape that includes both local and international players. The presence of key manufacturers and distributors is growing, as they seek to capitalize on the increasing demand for USB devices. The region's focus on improving digital access and technology adoption is expected to drive further growth in the USB devices market.

USB Devices Market Regional Image

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the USB devices market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, USB devices industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global USB devices industry to benefit clients and increase the market sector. In recent years, the USB devices industry has offered some of the most significant advantages to market. Major players in the USB devices market attempting to increase market demand by investing in research and development operations include Corsair Memory Inc. (US), Adata Technology Co. Ltd. (Taiwan), Sandisk Corporation (US), Kingston Technology Corporation (US), Toshiba Corporation (Japan), Samsung Electronics Co.

Ltd. (South Korea), Micron Consumer Products Group Inc. (US), Verbatim Americas LLC (US), Transcend Information Inc. (Taiwan), Intel Corporation (US), HP Inc. (US), Imation Corporation (Ojin Corporation) (US), Koninklijke Philips N.V. (Netherlands), Netac Technology Co Ltd. (China) and Teclast Electronics Co. Ltd. (China).

SanDisk is a Western Digital brand for flash memory goods, such as memory cards and readers, USB flash drives, solid-state drives, and digital music players. In 2016, Western Digital bought the original business, SanDisk Corporation. SanDisk LLC creates, develops, and produces data storage products. SanDisk serves customers in the US.

Intel Corp creates technological components and products. Microprocessors, chipsets, embedded processors, microcontrollers, flash memory, graphic, network, and conferencing solutions are all included in the company's product line. Additionally, it provides motherboards, SSDs, servers, wireless connection equipment, software, and applications. Original equipment manufacturers, producers of industrial and communication equipment, and producers of original designs are the customers of Intel.

Key Companies in the USB Devices Market market include

Industry Developments

January 2023: The US-based secure data storage company Kanguru recently announced the addition of a cutting-edge and commercially successful USB to Cloud portable software tool by ClevX 2 its Defender product line of hardware-encrypted USB drives, which is the industry standard.

December 2022: India joined the EU in requiring USB-C ports for smartphones, yet Americans are still forced to use three distinct ports and cables.

August 2021: Kingston Digital provided new DataTraveler Max USB drive launch information. According to the manufacturer, the USB-C 3.2 flash drive is expected to achieve record-breaking data transmission speeds of up to 1,000 MB/s read and 900 MB/s write, making it one of the best USB drives models on the market. The high-speed Data Traveler Max uses USB 3.2 Gen 2 to provide speeds that are roughly twice as fast as Gen 1.

Future Outlook

USB Devices Market Future Outlook

The USB Devices Market is projected to grow at a 10.51% CAGR from 2024 to 2035, driven by technological advancements, increased data transfer needs, and the proliferation of smart devices.

New opportunities lie in:

  • Development of high-capacity USB storage solutions for enterprise data management.
  • Integration of USB technology in emerging IoT devices for seamless connectivity.
  • Expansion of USB-C adoption in consumer electronics to enhance compatibility and performance.

By 2035, the USB Devices Market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

USB Devices Market Type Outlook

  • USB 1.0
  • USB 2.0
  • USB 3.0
  • others

USB Devices Market Product Outlook

  • webcam
  • USB flash drives
  • memory card readers
  • digital audio players
  • computer peripherals
  • scanners & printers
  • others

USB Devices Market Application Outlook

  • consumer electronics
  • IT & telecommunication
  • automotive
  • healthcare & medical devices
  • others

USB Devices Market Connector Type Outlook

  • Type A
  • Type B
  • Type C
  • Lightning Connector

Report Scope

MARKET SIZE 2024 35.05(USD Billion)
MARKET SIZE 2025 38.73(USD Billion)
MARKET SIZE 2035 105.24(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 10.51% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Market analysis in progress
Segments Covered Market segmentation analysis in progress
Key Market Opportunities Integration of advanced security features in USB Devices Market to address rising data protection concerns.
Key Market Dynamics Rising demand for high-speed data transfer drives innovation and competition in the USB devices market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Ankit Gupta
Senior Research Analyst

Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

Leave a Comment

FAQs

What is the current valuation of the USB Devices Market as of 2024?

<p>The USB Devices Market was valued at 35.05 USD Billion in 2024.</p>

What is the projected market valuation for the USB Devices Market in 2035?

<p>The USB Devices Market is projected to reach 105.24 USD Billion by 2035.</p>

What is the expected CAGR for the USB Devices Market during the forecast period 2025 - 2035?

<p>The expected CAGR for the USB Devices Market during the forecast period 2025 - 2035 is 10.51%.</p>

Which companies are considered key players in the USB Devices Market?

<p>Key players in the USB Devices Market include Apple Inc, Samsung Electronics, SanDisk Corporation, and Kingston Technology Company.</p>

What product segments are included in the USB Devices Market?

<p>Product segments in the USB Devices Market include USB flash drives, webcams, memory card readers, and computer peripherals.</p>

How do USB connector types impact the market valuation?

<p>The market valuation for USB connector types indicates Type C is projected to reach 36.0 USD Billion by 2035.</p>

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions