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North America 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: TIPRE00020984 | Pages: 144 | Industry: Electronics and Semiconductor | Date: Apr 2021
Covid

Market Introduction

The consumer electronics market in the region is highly mature owing to the presence of technologically advanced countries, such as the US and Canada. Thus, the penetration of consumer electronics is huge in the majority of households across the region. Further, with the advancements in technology, the demand for smart consumer electronics products such as smart TVs, laptops, voice assistants, smartphones, etc. is increasing. The trend for smart homes is also gaining huge traction in the North American market due to the affordability of people to purchase these devices. Moreover, the adoption of smart offices is driving the growth of USB devices in the region attributed to increased awareness and availability of interconnected office equipment. Additionally, the emergence of innovative technologies such as IoT, virtual reality, and robotics have further resulted in boosting the demand for USB devices across the region. Furthermore, the rise in demand for gaming consoles and entertainment products is supporting the growth of USB devices. Being a technologically advanced region, the deployment of advanced technologies among enterprises is high. Several organizations are investing significantly for the installation of better and efficient video conferencing systems, which is anticipated to drive the growth of USB devices. The companies in countries, including the US and Canada, are early adopters of advanced technologies, thus the use of such technologies is relatively mature. This may create a need for replacement or up gradation of old systems, including USB devices. A majority of organizations in the diverse industries of North American region are undergoing digital transformation, which will propel the growth of North America USB device market.

Furthermore, in case of COVID-19, North America is highly affected specially the US. North America is one of the most important regions for adopting and developing new digital systems due to favorable government policies to boost innovation, a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any negative impact on the growth of industries is expected to affect the economic development of the region. The US is a prominent market for USB device, especially consumer electronics, IT and telecommunication, and automotive industries. The huge increase in the number of confirmed cases and rising reported deaths in the country affects both manufacturing and sales of USB devices. The factory and business shutdowns across the US, Canada, and Mexico impact the adoption of the USB device market. The COVID-19 adversely affected the future business operations and financial performance of various market players in the region. However, implementation of work-from-home policy benefited the market, leading to more sales. North America is home to many manufacturing and technology companies, and thus the impact of coronavirus outbreak is anticipated to be quite severe till Mid-2021.

Market Overview and Dynamics

The North America USB device market is expected to grow from US$ 7,034.04 million in 2019 to US$ 14,733.72 million by 2027; it is estimated to grow at a CAGR of 9.9 % from 2020 to 2027. Mounting adoption of USB type-C in medical industry will escalate the North America USB device market.  The USB-Type C devices are gaining huge popularity in the medical industry as their installation in any medical system abides with the industry standards. Several devices such as video recorders, cameras, and drones are swiftly being moved to USB Type-C since it is the quickest way to transfer data; moreover, these USB devices provide more power than previous generations. USB Type-C devices would allow medical experts to have access to the finest resolution on computer displays used during surgeries and facilitate faster data transfer during crucial procedures. The growing technological advancements in USB Type-C are likely to increase its scope in the medical industry. Prominent players are highly designing next-generation USB devices to stay ahead in the competitive market. Further, the growing aging demographics, combined with increasing demand for early-stage diagnosis of chronic diseases, is boosting the demand for medical imaging equipment around the North America, thereby boosting the demand for next-generation USB Type-C devices. Thus, such rise in the use of USB Type-C systems, especially in the medical device manufacturing industry, is likely to provide growth opportunities to the North America USB device market players in the coming years.

Key Market Segments

In terms of device standard type, the USB 2.0 segment accounted for the largest share of the North America USB device market in 2019. In terms of product, the computer peripherals segment accounted for the largest share of the North America USB device market in 2019. Similarly, based on connector type, the type B segment held a larger market share of the North America USB device market in 2019. Further, the IT and telecommunication segment held a larger share of the North America 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 North America 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; Transcend Information Inc.

Reasons to buy report

  • To understand the North America 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 North America USB device market.
  • Efficiently plan M&A and partnership deals in North America 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 North America USB device market.
  • Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.

 

 North America USB Device Market Segmentation

 North America USB Device Market - By Device Standard Type

  • USB 2.0
  • USB 3.0
  • USB 4.0

North America USB Device Market - By Product

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

North America USB Device Market - By Connector Type

  • Type A
  • Type B
  • Type C
  • Lightning

North America USB Device Market - By Applications

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

North America USB Device Market - By Country

  • US
  • Canada
  • Mexico

North America 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.           North America USB Device Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           North America USB Device Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Demand for Consumer Electronics

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

5.2         Market Restraints

5.2.1        Surging Security Concerns

5.3         Market Opportunities

5.3.1        Mounting Adoption of USB Type-C in Medical Industry

5.4         Future Trends

5.4.1        Escalation in Popularity of Smart Homes

5.5         Impact Analysis of Drivers and Restraints

6.           North America USB Device Market Overview

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

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

7.1         Overview

7.2         North America 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.           North America USB Device Market Revenue and Forecast to 2027 – By Product

8.1         Overview

8.2         North America 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.           North America USB Device Market Revenue and Forecast to 2027 – By Connector Type

9.1         Overview

9.2         North America 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.        North America USB Device Market Revenue and Forecast to 2027 – By Applications

10.1      Overview

10.2      North America 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.        North America USB Device Market – Country Analysis

11.1      Overview

11.1.1     North America: USB Device Market, by Key Country

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

11.1.1.1.1       US: USB Device Market, by Device Standard Type

11.1.1.1.2       US: USB Device Market, by Product

11.1.1.1.3       US: USB Device Market, by Connector Type

11.1.1.1.4       US: USB Device Market, by Applications

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

11.1.1.2.1       Canada: USB Device Market, by Device Standard Type

11.1.1.2.2       Canada: USB Device Market, by Product

11.1.1.2.3       Canada: USB Device Market, by Connector Type

11.1.1.2.4       Canada: USB Device Market, by Applications

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

11.1.1.3.1       Mexico: USB Device Market, by Device Standard Type

11.1.1.3.2       Mexico: USB Device Market, by Product

11.1.1.3.3       Mexico: USB Device Market, by Connector Type

11.1.1.3.4       Mexico: USB Device Market, by Applications

12.        North America USB Device Market- COVID-19 Impact Analysis

12.1      North America: 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.             North America USB Device Market – Revenue and Forecast to 2027 (US$ Million)

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          List of Abbreviation

LIST OF FIGURES

Figure 1.           North America USB Device Market Segmentation

Figure 2.           North America USB Device Market Segmentation – By Country

Figure 3.           North America USB Device Market Overview

Figure 4.           USB 2.0 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.           US Held Largest Market Share in 2019

Figure 7.           North America PEST Analysis

Figure 8.           Ecosystem Analysis

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 38.        Impact of COVID-19 Pandemic in North American 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 North America 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 North America 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 North America 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   

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