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Europe USB Device Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Device Standard Type (USB 2.0, USB 3.0, and USB 4.0), Product (Webcams, Flash Drives, Memory Card Reader, Digital Audio Player, Computer Peripherals, and Others), Connector Type (Type A, Type B, Type C, and Lightning Connector), and Applications (Consumer Electronics, IT and Telecommunication, Automotive, Healthcare and Medical Devices, and Others)

Code: TIPRE00020981 | Pages: 154 | Industry: Electronics and Semiconductor | Date: Apr 2021
Covid

Market Introduction 

Europe has a mature consumer electronic market, which is supported by high-tech connectivity atmosphere. Also, the trend towards smart homes as well as smart offices across the region is increasing, which is creating a demand for advanced consumer electronics products, including USB devices. In terms of smart homes, Western Europe is well-recognized for its high living standard, with residents experiencing higher disposable income levels. It is one of the wealthiest regions across the region, with more GDP per capita than the other parts. The high living standard of population in western European countries is bolstering the demand for smart home products. Moreover, these countries comprise of several organizations undergoing digital transformation, which is bolstering the growth of USB devices. The European Commission (EC) has taken several initiatives to boost the growth of industrial sector in the country by supporting adoption of advanced automated technologies. The growing use of sensors, the development of wireless communication and networks, the installation of intelligent robots and machines in European industrial sector has transformed manufacturing processes. The rising automation has resulted in increased electrification of industries, which is expected to drive the demand for computers and other peripheral devices, which is expected to boost the market for USB devices, which will drive the Europe USB device market growth.

Furthermore, in case of COVID-19, Europe is highly affected specially the UK and Russia. Businesses in the region face severe economic difficulties as they either suspend their operations or substantially reduce their activities. Due to business lockdowns, travel bans, and supply chain disruptions, the region witnessed an economic slowdown in 2020 and most likely to witness till Mid-2021. The member states of Europe, such as Italy, Spain, and Germany, have implemented drastic measures and travel restrictions to limit coronavirus spread among its citizens. Several European countries represent a major market for USB device adoption and growth due to growing automotive infotainment systems and rising use in smart devices. However, due to COVID-19, the manufacturing of various electronics components used for USB devices has seen a sharp decline in European countries. The market was under stress in 2020, and it will require time to stabilize. The disruptions in raw materials and electronic component supply from China will further aggravate the manufacturing industries in this region. All these factors are expected to have a direct impact on USB device market growth in European countries. Russia, Italy, Germany, UK, and France USB device markets are anticipated to see the worst impact in 2020 and likely in 2021. 

Market Overview and Dynamics

The Europe USB device market is expected to grow from US$ 8,313.22 million in 2019 to US$ 16,250.95 million by 2027; it is estimated to grow at a CAGR of 9.0 % from 2020 to 2027. Mounting popularity of smart homes will drive the Europe USB device market. The demand for smart homes has increased substantially across the Europe over the past few years due to the rising penetration of smartphones and other smart devices. Smart homes are gaining huge popularity due to the development of the residential sector in different countries. The building owners and homeowners are more aware of the effectiveness of automated controls in their premises, which make them more inclined toward the integration of smart devices. Growing number of internet users, increasing consumer disposable income and rising significance of home monitoring are also propelling the demand for smart homes. The smart home industry is dominated by offerings such as security cameras, smart TV, and smart speakers. There has been huge adoption of smart TVs in Europe, with the escalating popularity of the streaming media options. With the surge in manufacturing of smart TVs by consumer electronics giants across the Europe, the demand for USB devices is also soaring. For instance, Samsung Corporation, turned its smart Super Ultra High Definition (SUHD) TVs into home automation hubs, allowing consumers to monitor and control their smart home systems through their TV screen. Samsung is using technology from SmartThings to add home automation technology to its TVs. Users would be provided with the ability to use their TV remote to view security-camera video, control lights, lock and unlock doors, and control speakers. The USB connectivity would enable them to see motion-sensor alerts on the TV screen and maintain ambient lighting in the TV room. Therefore, with the growing inclination toward smart home technologies, USB device vendors are further striving to meet the dynamic demands of users, which, in turn, would boost the growth of the Europe market in the coming years.

Key Market Segments

In terms of device standard type, the USB 3.0 segment accounted for the largest share of the Europe USB device market in 2019. In terms of product, the computer peripherals segment accounted for the largest share of the Europe USB device market in 2019. Similarly, in terms of connector type, the type B segment held a larger market share of the Europe USB device market in 2019. Further, the IT and telecommunication segment held a larger share of the Europe USB device market based on applications in 2019.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the Europe USB device market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADATA Technology Co., Ltd.; CORSAIR; Hewlett Packard Enterprise Development LP (HPE); Imation Corporation; Kingston Technology Company, Inc.; Micron Technology, Inc.; Samsung; SanDisk Corporation; Toshiba Corporation; and Transcend Information Inc.

Reasons to buy report 

  • To understand the Europe USB device market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe USB device market.
  • Efficiently plan M&A and partnership deals in Europe USB device market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe USB device market.
  • Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

 

Europe USB Device Market Segmentation

Europe USB Device Market - By Device Standard Type

  • USB 2.0
  • USB 3.0
  • USB 4.0

Europe USB Device Market - By Product

  • Webcams
  • Flash Drives
  • Memory Card Reader
  • Digital Audio Player
  • Computer Peripherals
  • Others

Europe USB Device Market - By Connector Type

  • Type A
  • Type B
  • Type C
  • Lightning

Europe USB Device Market - By Applications

  • Consumer Electronics
  • IT and Telecommunication
  • Automotive
  • Healthcare and Medical Devices
  • Others  

Europe USB Device Market - By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe   

Europe USB Device Market - Company Profiles

  • ADATA Technology Co., Ltd.
  • CORSAIR
  • Hewlett Packard Enterprise Development LP (HPE)
  • Imation Corporation
  • Kingston Technology Company, Inc.
  • Micron Technology, Inc.                     
  • Samsung
  • SanDisk Corporation
  • Toshiba Corporation
  • Transcend Information Inc.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe USB Device Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe USB Device Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Demand for Consumer Electronics

5.1.2        Rising Demand for USB Products in Automotive Entertainment and Infotainment Systems

5.2         Market Restraints

5.2.1        Growing Security Concerns

5.3         Market Opportunities

5.3.1        Burgeoning Adoption of USB Type-C in Medical Industry

5.4         Future Trends

5.4.1        Mounting Popularity of Smart Homes

5.5         Impact Analysis of Drivers and Restraints

6.           Europe USB Device Market Overview

6.1         Europe USB Device Market – Revenue and Forecast to 2027 (US$ Million)

7.           Europe USB Device Market Revenue and Forecast to 2027 – By Device Standard Type

7.1         Overview

7.2         Europe USB Device Market Breakdown, by Device Standard Type, 2019 & 2027

7.3         USB 2.0

7.3.1        Overview

7.3.2        USB 2.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

7.4         USB 3.0

7.4.1        Overview

7.4.2        USB 3.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

7.5         USB 4.0

7.5.1        Overview

7.5.2        USB 4.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.           Europe USB Device Market Revenue and Forecast to 2027 – By Product

8.1         Overview

8.2         Europe USB Device Market Breakdown, By Product, 2019 & 2027

8.3         Webcams

8.3.1        Overview

8.3.2        Webcams: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Flash Drives

8.4.1        Overview

8.4.2        Flash Drives: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Memory Card Reader

8.5.1        Overview

8.5.2        Memory Card Reader: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.6         Digital Audio Player

8.6.1        Overview

8.6.2        Digital Audio Player: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.7         Computer Peripherals

8.7.1        Overview

8.7.2        Computer Peripherals: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

8.8         Others

8.8.1        Overview

8.8.2        Others: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe USB Device Market Revenue and Forecast to 2027 – By Connector Type

9.1         Overview

9.2         Europe USB Device Market Breakdown, By Connector Type, 2019 & 2027

9.3         Type A

9.3.1        Overview

9.3.2        Type A: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

9.4         Type B

9.4.1        Overview

9.4.2        Type B: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

9.5         Type C

9.5.1        Overview

9.5.2        Type C: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

9.6         Lightning Connector

9.6.1        Overview

9.6.2        Lightning Connector: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

10.        Europe USB Device Market Revenue and Forecast to 2027 – By Applications

10.1      Overview

10.2      Europe USB Device Market Breakdown, By Applications, 2019 & 2027

10.3      Consumer Electronics

10.3.1     Overview

10.3.2     Consumer Electronics: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

10.4      IT and Telecommunication

10.4.1     Overview

10.4.2     IT and Telecommunication: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

10.5      Automotive

10.5.1     Overview

10.5.2     Automotive: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

10.6      Healthcare and Medical Devices

10.6.1     Overview

10.6.2     Healthcare and Medical Devices: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

10.7      Others

10.7.1     Overview

10.7.2     Others: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

11.        Europe USB Device Market – Country Analysis

11.1      Overview

11.1.1     Europe: USB Device Market, by Key Country

11.1.1.1       UK: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.1.1       UK: USB Device Market, by Device Standard Type

11.1.1.1.2       UK: USB Device Market, by Product

11.1.1.1.3       UK: USB Device Market, by Connector Type

11.1.1.1.4       UK: USB Device Market, by Applications

11.1.1.2       Germany: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.2.1       Germany: USB Device Market, by Device Standard Type

11.1.1.2.2       Germany: USB Device Market, by Product

11.1.1.2.3       Germany: USB Device Market, by Connector Type

11.1.1.2.4       Germany: USB Device Market, by Applications

11.1.1.3       France: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.3.1       France: USB Device Market, by Device Standard Type

11.1.1.3.2       France: USB Device Market, by Product

11.1.1.3.3       France: USB Device Market, by Connector Type

11.1.1.3.4       France: USB Device Market, by Applications

11.1.1.4       Italy: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.4.1       Italy: USB Device Market, by Device Standard Type

11.1.1.4.2       Italy: USB Device Market, by Product

11.1.1.4.3       Italy: USB Device Market, by Connector Type

11.1.1.4.4       Italy: USB Device Market, by Applications

11.1.1.5       Russia: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.5.1       Russia: USB Device Market, by Device Standard Type

11.1.1.5.2       Russia: USB Device Market, by Product

11.1.1.5.3       Russia: USB Device Market, by Connector Type

11.1.1.5.4       Russia: USB Device Market, by Applications

11.1.1.6       Rest of Europe: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

11.1.1.6.1       Rest of Europe: USB Device Market, by Device Standard Type

11.1.1.6.2       Rest of Europe: USB Device Market, by Product

11.1.1.6.3       Rest of Europe: USB Device Market, by Connector Type

11.1.1.6.4       Rest of Europe: USB Device Market, by Applications

12.        Europe USB Device Market- COVID-19 Impact Analysis

12.1      Europe: Impact assessment of COVID-19 Pandemic

13.        Industry Landscape

13.1      Market Initiative

13.2      Merger and Acquisition

13.3      New Development

14.        Company Profiles

14.1      Samsung

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      Hewlett Packard Enterprise Development LP (HPE)

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Toshiba Corporation

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      ADATA Technology Co., Ltd.

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      CORSAIR

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      Imation Corporation

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      Kingston Technology Company, Inc.

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      Micron Technology, Inc.

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9      SanDisk Corporation

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

14.10   Transcend Information Inc.

14.10.1  Key Facts

14.10.2  Business Description

14.10.3  Products and Services

14.10.4  Financial Overview

14.10.5  SWOT Analysis

14.10.6  Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Word Index

LIST OF TABLES

Table 1.             Europe USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             UK: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             UK: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 4.             UK: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 5.             UK: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Germany: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Germany: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Germany: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Germany: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 10.          France: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 11.          France: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 12.          France: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 13.          France: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Italy: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 15.          Italy: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 16.          Italy: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Italy: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Russia: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 19.          Russia: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 20.          Russia: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 21.          Russia: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 22.          Rest of Europe: USB Device Market, by Device Standard Type –Revenue and Forecast to 2027 (US$ Million)

Table 23.          Rest of Europe: USB Device Market, by Product –Revenue and Forecast to 2027 (US$ Million)

Table 24.          Rest of Europe: USB Device Market, by Connector Type –Revenue and Forecast to 2027 (US$ Million)

Table 25.          Rest of Europe: USB Device Market, by Applications –Revenue and Forecast to 2027 (US$ Million)

Table 26.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe USB Device Market Segmentation

Figure 2.           Europe USB Device Market Segmentation – By Country

Figure 3.           Europe USB Device Market Overview

Figure 4.           USB 3.0 Segment is Expected to Dominate the Market by Device Standard Type

Figure 5.           IT and Telecommunications segment Held Largest Market Share in 2019

Figure 6.           Germany Held Largest Market Share in 2019

Figure 7.           Europe PEST Analysis

Figure 8.           Ecosystem Analysis

Figure 9.           Europe USB Device Market: Impact Analysis of Drivers and Restraints

Figure 10.        Europe USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Europe USB Device Market Breakdown, by Device Standard Type, 2019 & 2027

Figure 12.        Europe 2.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Europe USB 3.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Europe USB 4.0: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Europe USB Device Market Breakdown, By Product, 2019 & 2027

Figure 16.        Europe Webcams: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Europe Flash Drives: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Europe Memory Card Reader: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Europe Digital Audio Player: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Europe Computer Peripherals: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 21.        Europe Others: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Europe USB Device Market Breakdown, By Connector Type, 2019 & 2027

Figure 23.        Europe Type A: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Europe Type B: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Europe Type C: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        Europe Lightning Connector: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Europe USB Device Market Breakdown, By Applications, 2019 & 2027

Figure 28.        Europe Consumer Electronics: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Europe IT and Telecommunication: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Europe Automotive: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Europe Healthcare and Medical Devices: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Europe Others: USB Device Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Europe: USB Device Market, by Key Country – Revenue (2019) (USD Million)

Figure 34.        Europe: USB Device Market Revenue Share, by Key Country (2019 and 2027)

Figure 35.        UK: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 36.        Germany: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 37.        France: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 38.        Italy: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 39.        Russia: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 40.        Rest of Europe: USB Device Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 41.        Impact of COVID-19 Pandemic in Europe Country Markets

 

  1. ADATA Technology Co., Ltd.
  2. CORSAIR
  3. Hewlett Packard Enterprise Development LP (HPE)
  4. Imation Corporation
  5. Kingston Technology Company, Inc.
  6. Micron Technology, Inc.
  7. Samsung
  8. SanDisk Corporation
  9. Toshiba Corporation
  10. Transcend Information Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe USB device market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe USB device market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the USB device market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution   

Related Tags Europe USB Device Market Europe USB Device Market Research Europe USB Device Market Insight Europe USB Device Market Trends Europe USB Device Market Forecast Europe USB Device Market Share Europe USB Device Market 2027 Europe USB Device Market Growth Europe USB Device Industry Sector Europe USB Device PDF Report Europe USB Device Analysis Europe USB Device Research Competitive Analysis

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