Dublin, Oct. 01, 2018 (GLOBE NEWSWIRE) -- 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.
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.
Wired interface technology deals with the method of transferring video or audio data among consumer electronic devices through the use of cables. Microchips and connectors are embedded in consumer electronic devices and act as a secure gateway for transferring data. In some cases, the system also acts as a power transmitting source apart from transmitting data.
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. Furthermore, with the advent of new consumer devices such as VR/AR headset and external hard disks, demand for large data packets and faster transfer may play a crucial role in delivering dedicated performance.
Thus, wired interface technologies are preferred compared to wireless connectivity solutions in consumer devices. However, factors such as declining shipment of consumer devices, such as PC and tablets, and drop in commodity prices are restraining the growth of the market.
The market for USB Type C is expected to grow at a high rate during the forecast period. USB Type C wired interface is a two-way rotational 24-pin connector, which was launched in 2014 and is expected to replace other USB types over the coming years. The USB Type C 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.
PCs and laptops are expected to hold the largest share of the wired interface market in 2018. Most PCs and laptops are equipped with USB, HDMI, DisplayPort, and Thunderport technologies. 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.
The US offers an ideal environment for innovation, which has enabled significant advancements in the wired interface technology. Key players in the US are focusing on enhancing wired interface technologies. Demand for smartphones and tablets has grown rapidly over the past years. Moreover, demand for high-end cars (equipped with infotainment) and drones is very high in North America.
Key Topics Covered:
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
5.2 Market Dynamics
188.8.131.52 Increasing Use of Smartphones
184.108.40.206 Increasing Adoption of Wired Interface Connectivity Because of Low Data Streaming/Transferring Capacity of Bluetooth and Wi-Fi Technology
220.127.116.11 Proliferation of Automotive Infotainment
18.104.22.168 Declining Shipment of PCS and Tablets
22.214.171.124 Overall Drop in Global Commodity Prices
126.96.36.199 Increasing Demand for Drone Market
188.8.131.52 Increasing Application of Wired Interface in New Devices
184.108.40.206 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
6.2 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
7.4 PC and Laptop
7.6 Virtual Reality
7.8 Gaming Console
7.9 External Hard Disk
7.13 Home Theatre and Multimedia Device
7.14 Power Bank
7.16 Display Monitor
7.17 USB Flash Drive
7.18 Set-Top Box
8 Geographic Analysis
8.2 North America
9 Competitive Landscape
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/897t3n/34_7_billion?w=12
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Computer Accessories, Networking Equipment