Global Wired Interface Market to Witness CAGR of 14.3% From 2023 to 2031, Anticipated to Reach US$ 59.64 Billion by 2031, states The Niche Research

The global wired interface market refers to the market for various physical connections and interfaces used to transmit data and power over wired connections in electronic and communication devices. These wired interfaces include connectors, cables, and other hardware components that facilitate the transfer of data and power between devices. The wired interface market encompasses a wide range of industries and applications, including consumer electronics, industrial automation, telecommunications, and more.

These advancements reflect the ever-increasing demand for faster data transfer, better connectivity, and improved power efficiency in electronic devices across various industries, including consumer electronics, data centers, telecommunications, and industrial applications. As technology continues to evolve, the wired interface market will likely see further innovations to meet the changing needs of businesses and consumers. As the global wired interface market continues to expand and innovate, it not only propels the development of consumer electronics, data centers, telecommunications, and industrial automation but also defines the very essence of how we engage with the digital ecosystem.

Global Wired Interface Market Overview

Factors Supporting the Growth of the Global Wired Interface Market

Due the proliferation of high-definition multimedia content, 4K/8K video streaming, online gaming, and data-intensive applications, have led to a growing need for high-speed wired interfaces to transfer data quickly and efficiently. In the last few years, the adoption of higher-resolution displays, such as 4K and 8K televisions, and the emergence of technologies like OLED and MicroLED have fueled the need for advanced wired connections like HDMI and DisplayPort. For instance, the development of HDMI was heavily influenced by two major use cases for audio and video products. One was aimed at linking long-distance viewing antennas, set-top boxes, and player or gaming consoles. The other was meant to link directly to a computer across considerably shorter distances. With the advent of DisplayPort 1.3, bandwidth was increased to 32.4Gbps. This compelled HDMI to boost its capacity in order to handle greater resolutions and refresh rates, resulting in the release of HDMI 2.1 (48Gbps). Thus with the on-going-developments and advancements in the wired interface will led to the overall growth of the global wired interface market.

Smartphones segment held the highest share in the global wired interface market in 2022. In a recent survey, it was estimated that there are 6.92 Billion smartphone users across the globe. The rise of smartphones has indeed played a significant role in driving the growth of the wired interface market. The widespread use of USB interfaces, including USB Type-C, has driven the demand for compatible cables and connectors, contributing to the growth of the wired interface market. For instance, recently The Brazilian National Telecommunications Agency (Anatel) has issued an open public consultation to analyse the compliance of the wired charging interface in mobile phones with the USB type C standard. Thus with the growth of the smartphone market has led to an increased need for wired interfaces, and it has influenced the development and standardization of various wired technologies

Asia Pacific region holds significant share in the wired interface market as countries such as China, Japan and South Korea have been a significant player in the manufacturing of electronic devices and components, including wired interfaces. China, in particular, is known for producing a large portion of the world’s consumer electronics and related components. The consumer electronics market in Asia Pacific has been growing as the region manufactures a wide range of devices, from smartphones and laptops to televisions and gaming consoles, which all rely on various wired interfaces for connectivity and data transfer. Besides leading companies in the region have been at the forefront of developing high-speed data transfer technologies, such as USB Type-C and Thunderbolt as all led to the growth of the wired interface market.

Competitive Landscape of Global Wired Interface Market

  • Amphenol Corporation
  • Analog Devices, Inc.
  • Infineon Technologies AG
  • Microchip Technology Inc.
  • Molex
  • ROHM Co., Ltd.
  • Semiconductor Components Industries, LLC
  • STMicroelectronics
  • TE Connectivity
  • Texas Instruments Incorporated
  • Other Industry Participants

Global Wired Interface Market

By Component Type

  • USB Wired Interface
  • HDMI Wired Interface
  • Display Port Wired Interface
  • Thunderbolt Wired Interface

By Application

  • Smartphone
  • Tablet
  • PC and Laptop
  • Television
  • Virtual Reality
  • Drones
  • Gaming Console
  • External Hard Disk
  • Camera
  • Projector
  • Wearable
  • Home Theatre and Multimedia Device
  • Power Bank
  • Automotive
  • Display Monitor
  • USB Flash Drive
  • Set-Top Box

By End Users

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Retail
  • Government & Public Sector
  • IT and Telecom
  • Others

By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

 

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