USB Devices Market to Grow by USD 18.05 bn | Technavio

Key Market Dynamics:

• Market Driver
• Market Challenge

The high demand for compact storage devices is one of the key factors driving the growth of the USB devices market. The market is witnessing an increasing demand for storage devices with high capacity within small sizes as the need for data storage is a rising issue for noncommercial consumers and organizations. USB devices are reliable as they have a shock absorb rating of 200Gs and can retain data for long periods. They can also be reprogrammed numerous times. USB devices are predominantly used for additional storage in handheld devices such as smartphones, tablets, cameras, and camcorders. These serve the purpose of high storage capacity and compact size.

The emergence of cloud storage services will challenge the growth of the USB devices market during the forecast period. Cloud services allow for the storage of large data sets of any type. They offer more benefits than USB devices, such as the ability to retrieve data from virtually anywhere and disaster recovery and backup strategies. Thus, the emergence of cloud storage services will drive the growth of the market.

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Market Segmentation

The USB devices market report is segmented by type into USB 2.0, USB 3.0, and USB 4.0. The USB 2.0 segment will have significant market share growth. Devices that adhere to the USB 2.0 standard have the ability to transmit data at high speed. Some features of the USB 2.0 are improved performance and backward compatibility.

By geography, the market has been segmented into APAC, North America, Europe, South America, and MEA. APAC will be the leading region with 40% of the market's growth during the forecast period. China and Japan are the key countries for the USB devices market in APAC.

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Some Companies Mentioned     

• ADATA Technology Co. Ltd.
• Corsair Gaming Inc.
• Dell Technologies Inc.
• Intel Corp.
• Kingston Technology Co. Inc.
• Netac Technology Co. Ltd
• Teclast Electronics Co., Ltd.
• Toshiba Corp.
• Transcend Information Inc.
• Western Digital Corp.

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Value Chain Analysis

The value chain of the IT spending market, which is the parent market of the USB devices market, includes the following core components:

• Research and development
• Developers or manufacturers
• Sales and distribution
• End-users

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• USB 2.0 - Market size and forecast 2021-2026
• USB 3.0 - Market size and forecast 2021-2026
• USB 4.0 - Market size and forecast 2021-2026
• Market opportunity by Type

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2021-2026
• North America - Market size and forecast 2021-2026
• Europe - Market size and forecast 2021-2026
• South America - Market size and forecast 2021-2026
• MEA - Market size and forecast 2021-2026
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ADATA Technology Co. Ltd.
• Corsair Gaming Inc.
• Dell Technologies Inc.
• Intel Corp.
• Kingston Technology Co. Inc.
• Netac Technology Co. Ltd
• Toshiba Corp.
• Transcend Information Inc.
• Western Digital Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

Key Topics Covered:

• Executive Summary
• Market Landscape
• Market Sizing
• Five Forces Analysis
• Market Segmentation by End-user
• Customer landscape
• Geographic Landscape
• Vendor Landscape
• Vendor Analysis
• Appendix

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SOURCE Technavio