USB 3.0

Global USB 3.0 Market to Reach US$18.5 Billion by 2030

The global market for USB 3.0 estimated at US$6.6 Billion in the year 2024, is expected to reach US$18.5 Billion by 2030, growing at a CAGR of 18.7% over the analysis period 2024-2030. Chip-on-Board, one of the segments analyzed in the report, is expected to record a 22.1% CAGR and reach US$14.1 Billion by the end of the analysis period. Growth in the Conventional segment is estimated at 10.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.6 Billion While China is Forecast to Grow at 24.6% CAGR

The USB 3.0 market in the U.S. is estimated at US$1.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 24.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 12.0% and 15.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.0% CAGR.

Global USB 3.0 Market - Key Trends and Drivers Summarized

Introduced in 2008, USB 3.0 has become a cornerstone technology in modern computing and device connectivity, offering substantial improvements over its predecessor, USB 2.0. Known for its remarkable speed of up to 5Gbps—ten times faster than USB 2.0—USB 3.0 significantly enhances data transfer rates, which is pivotal for more data-intensive operations. This technology also supports increased power efficiency and faster charging, making it ideal for a wide range of applications from smartphones to large-scale televisions. The ability of USB 3.0 hubs to support simultaneous data uploads and downloads is vital for high-bandwidth devices, ensuring that devices operate optimally while conserving energy, which aligns with the growing consumer preference for eco-friendly products.

The utility of USB 3.0 extends beyond just speed and power efficiency to include enhanced user experience features, which make it a popular choice for promotional items and consumer electronics. Products such as USB hubs that combine high-speed charging with practical utility or those that integrate wireless charging pads exemplify the dual functionality that consumers value today. Furthermore, the aesthetic and customizable nature of these USB 3.0 products, like those with integrated mouse pads or those that offer sleek, branded designs, provide excellent opportunities for corporate gifting, enhancing both the practical and promotional appeal of USB 3.0-based devices. This adaptability and multifunctionality underscore USB 3.0`s role not just as a technological upgrade but as a platform for innovation in both personal and professional use.

Several key growth drivers are propelling the adoption of USB 3.0 across various markets. Enhanced power management capabilities and increased data transfer reliability make USB 3.0 suitable for a broad array of devices needing efficient charging and large data handling capacities. The technology`s backward compatibility ensures users can transition smoothly without abandoning their existing USB 2.0 devices. USB 3.0`s support for newer device protocols enhances device interaction, allowing for more sophisticated data exchanges and making it essential for applications that require high-definition multimedia content and advanced consumer electronics. Moreover, the rise of cloud computing and IoT devices has fueled the demand for faster, more reliable connectivity solutions like USB 3.0, which supports rapid, efficient data sync and cloud access essential for modern businesses and smart home applications. Additionally, USB 3.0`s energy efficiency and reduced power consumption are increasingly important as environmental considerations become more pressing, positioning USB 3.0 as a sustainable technology choice moving forward.

SCOPE OF STUDY:

The report analyzes the USB 3.0 market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Production Method (Chip-on-Board, Conventional); Capacity (Below 4 GB, 4 - 16 GB, 16 - 64 GB, 128 GB, 256 GB & Above)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 74 Featured) -

• ADATA Technology Co. Ltd.
• Corsair Components Inc.
• Dexxon Group - Emtec
• ELECOM Co. Ltd.
• Gigastone Corporation
• HP Inc.
• Kingston Technology Company
• Monster Digital Inc.
• Patriot Memory LLC
• Samsung Electronics Co., Ltd.
• SanDisk Corporation
• Sony Corporation
• Toshiba Corporation
• Transcend Information Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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