Global USB Hubs Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global USB Hubs Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global USB Hubs market finds that the global USB Hubs market reached a value of USD 1511.43 million in 2022. It’s expected that the market will achieve USD 2554.41 million by 2028, exhibiting a CAGR of 9.14% during the forecast period.

Strength

The USB hub is suitable for desktops and laptops. It can help users solve the problem of insufficient USB ports, and it is also conducive to keeping the desktop from being messy and improving work efficiency.

Weakness

The USB hub may cause interference to 2.4G WIFI devices when it is working. When the USB hub with non-independent power supply is connected to multiple external devices, a simple insufficient power supply will cause the device to be unable to read data, and serious points will cause data recording errors, hard disk damage, and scrap.

Opportunities

Ultrabook sales have grown rapidly, and Ultrabook have fewer integrated USB ports. Users who use Ultrabook have higher demand for USB hubs.

Threat

The industry has been facing threats from counterfeit products for a long time, and it may still become a threat in the near future. Counterfeit and improper design of third-party USB hubs may cause security issues, which may hinder the future development of the USB hubs market.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Startech is one of the major players operating in the USB Hubs market, holding a share of 1.13% in 2020.

StarTech.com was founded in 1985 by Paul Seed and Ken Kalopsis.The company has grown to become a global manufacturer of over 3700 products with operations in five continents.

SSK Corporation, established in early 2001, specializes in developing and manufacturing various kinds of electronic and digital products including Wireless Speakers, Wireless Storage, Wireless Cast, USB Travel Chargers, Card Readers, USB Hubs, HDD Cases and over 300 other products.

Segmentation Overview:

Among different product types, USB 3.0 segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global USB Hubs market covered in Chapter 3:

Vaunix
SIPOLAR
SSK
HooToo
Anker
UGREEN
Unitek
Sanwa Supply Inc.
Conceptronic
Sabrent
Startech

In Chapter 4 and Chapter 14.2, on the basis of types, the USB Hubs market from 2018 to 2029 is primarily split into:

USB 2.0
USB 3.0
Combined Form

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the USB Hubs market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)