Global USB Controllers Market

USB Controllers Market Size, Share, Growth Analysis, By Application(Computers, Smartphones, Gaming Console, Automotive), By Type(Host Controllers, Device Controllers, OTG Controllers), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45K2077 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 65 | Figures: 77

USB Controllers Market News

  • In January 2023, Kanguru, a US-based provider of secure data storage, announced the addition of a cutting-edge and commercially successful USBtoCloud® portable software app by ClevX* to its market-leading Defender® product line of hardware encrypted USB Drives.
  • In December 2022, India joined the EU by requiring USB-C charging connections on smartphones, while Americans continue to use three different types of ports and cables.
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USB Controllers Market size was valued at USD 7.47 billion in 2022 and is poised to grow from USD 8.05 billion in 2023 to USD 14.69 billion by 2031, growing at a CAGR of 7.8% in the forecast period (2024-2031).

These companies operate globally and compete on factors such as price, product features, and innovation. To remain competitive, many companies are investing in research and development to develop advanced USB controller solutions that can meet the evolving needs of customers. Additionally, companies are increasingly focusing on sustainability and environmental responsibility in their operations, which can also impact the competitive landscape of the market. 'Intel Corporation (USA)', 'Texas Instruments Inc. (USA)', 'NXP Semiconductors (Netherlands)', 'STMicroelectronics (Switzerland)', 'Microchip Technology Inc. (USA)', 'Renesas Electronics Corporation (Japan)', 'Cypress Semiconductor Corporation (USA)', 'Silicon Labs (USA)', 'ON Semiconductor (USA)', 'Infineon Technologies AG (Germany)', 'Maxim Integrated Products Inc. (USA)', 'Analog Devices, Inc. (USA)', 'ROHM Semiconductor (Japan)', 'Diodes Incorporated (USA)', 'Lattice Semiconductor (USA)', 'ASIX Electronics Corporation (Taiwan)', 'Holtek Semiconductor Inc. (Taiwan)', 'FTDI Chip (UK)', 'ASMedia Technology Inc. (Taiwan)', 'Genesys Logic, Inc. (Taiwan)', 'VIA Labs, Inc. (Taiwan)', 'Realtek Semiconductor Corp. (Taiwan)'

The increasing demand for faster data transfer is one of the key market drivers for the USB Controllers market. This driver is mainly attributed to the growing use of high-bandwidth applications such as video streaming, gaming, and virtual reality. With the growing popularity of these applications, users are demanding faster data transfer rates to ensure smooth and seamless performance. USB controllers that support higher data transfer rates, such as USB 3.0 and USB 3.1, are becoming increasingly popular to meet this demand.

While USB controllers are widely used for charging devices, the popularity of wireless charging is increasing. As a result, USB controllers that support wireless charging are becoming more common. Manufacturers are developing USB controllers that support both wired and wireless charging to meet customer demand.

Asia Pacific is the largest regional market for USB controllers, with China, Japan, South Korea, and India being the major contributors to the market growth. The growth of the Asia Pacific market is driven by the increasing demand for USB-enabled devices, rapid industrialization, and the presence of key players in the region.

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Global USB Controllers Market

Report ID: SQMIG45K2077

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