About Wireless USB
Wireless USB is a short-range and high-bandwidth wireless technology that enables the high-speed computer peripheral interface USB (universal serial bus) to be wireless. This is a wire replacement of existing USB technology using a multi-band orthogonal frequency division multiplexing radio technique. USB is the fast-growing technology and now above 80% of all devices support USB connectivity to a personal computer. The wireless USB has reduced the number of wires and cost these cables. The scalable architecture of wireless USB enables the technology to upgrade the data transfer rate of more than 1 Gbps. The lack of easiness of using wired USB is the major factor driving the wireless USB popularity.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 14.04% |
The manufacturers of Wireless USB market continue to focus on innovation and technological advancements in the product. Such developments coupled with competitive pricing are likely to assist in increasing market share over the forecast period. The key players are investing heavily in research & development to enhance the product quality enhance their global market presence. Analyst at AMA Research estimates that United States and Asian Vendors will contribute the maximum growth to Global Wireless USB market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apple Inc. (United States), Microsoft Corporation (United States), Toshiba Corporation (Japan), Dell Inc. (United States), Fujitsu Ltd. (Japan), Koninklijke Philips N.V. (Netherlands), Lenovo Group Limited, (China), HP Development Company, L.P. (United States), Logitech International S.A. (Switzerland), Samsung (South Korea) and Zebronics India Pvt Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Icron Technologies Corporation (Canada), Advent Venture Partner, Wisair (Israel) and Alereon, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Wireless USB market by , Application (Commercial and Household) and Region.
On the basis of geography, the market of Wireless USB has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Data Transfer Types, the sub-segment i.e. Bulk Transfer will boost the Wireless USB market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Bluetooth will boost the Wireless USB market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Trend for Wireless USB with Power Management System and Deployment of Wireless USB with Flash Devices
Market Growth Drivers:
Wireless USB offers Security Owing to Secure Relationship Between Connection Sharing Devices, Backward Compatibility and Growing Demand from Consumer Electronics Market
Challenges:
Increasing Cost of Wireless USB
Restraints:
Availability of Wired USB and Not Suitable For Large Range Applications
Opportunities:
Wireless USB Offers More Band Width than Any other Current Wireless Technology and Ease of Installation and Usage of Wireless USB
Market Leaders and their expansionary development strategies
In June 2023, Tivoli Audio, a brand of audio systems located in the United States, has entered the Indian market through a distribution collaboration with Alphatec, a Mumbai-based audio and video equipment manufacturer. It intends to introduce three new products in 2023, as well as work on a variety of smart audio products for home, business, and personal usage.
In October 2023, Anker Power Expand 10-in-1 Thunderbolt 4 Mini Dock was launched It is a powerful and versatile dock that can connect your laptop to a variety of devices, including two 4K HDMI displays, an external hard drive, an SD card, and more. It also has a built-in 100W power adapter, so you can charge your laptop while you're using it.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wireless USB Providers, Consumer Electronic Manufacturers, Dealers, Suppliers, Traders, and Distributors and Venture Capitalists and Private Equity Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.