Global Wireless USB (WUSB) Devices Market: Snapshot
Wireless USB (WUSB) devices are gaining traction in recent years owing to plethora of reasons. WUSB can be defined as a high-bandwidth, short-range wireless communication protocol. Game controllers, mobile phones, communication devices, flash memory, digital cameras, hard-disk drives, printers, USB flash drives, personal computers, set-top box, PC peripherals, digital cameras, and MP3 players are some of the examples of wireless USB devices. Increased demand for these devices is stimulating the growth of the global wireless USB (WUSB) devices market.
An upcoming research report from TMR on the wireless USB (WUSB) devices market gives 360-degree analysis of important elements of this market. In addition, it offers dependable data on probable growth avenues and demand dynamics. The report sheds light on important insights of the said market for the forecast period of 2019–2025. Thus, the study of wireless USB (WUSB) devices market is a helpful guide for stakeholders. It assists all entities from the market for the wireless USB (WUSB) devices to make strategic moves and propel their businesses.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Global Wireless USB (WUSB) Devices Market: Growth Dynamics
In recent times, there is increased use of mobile Internet devices including notepads, laptops, and tablet PCs. As a result, the world is witnessing rising need for personal area networks for connection to the networks. This factor is driving the demand for the global wireless USB (WUSB) devices market. Increased demand for machine-to-machine communication in segments including telematics and telemetry will have a positive impact on the connectivity, specifically, of Wireless USB.
Rising demand for short-range technologies such as low cost, low power, secure interconnections, and shorter frequency ranges within an operating space will push the wireless USB (WUSB) devices market growth. This aside, growing need for physical access to a wired network is projected to propel the global wireless USB devices market growth during upcoming years.
Global Wireless USB (WUSB) Devices Market: Competitive Analysis
The global wireless USB (WUSB) devices market is moderately fragmented in nature. Owing to presence of a wide range of global and regional players, the competition level is extremely intensified. To maintain the key position in the market for wireless USB (WUSB) devices, players are chasing diverse strategies such as mergers and acquisitions. Many vendors in the wireless USB (WUSB) devices market are growing efforts to offer superior quality products. To achieve this aim, they are increasing their investments on research activities.
Many enterprises are focused on product launches. Besides, the market for wireless USB (WUSB) devices is witnessing increased number of collaborations and partnerships in recent years. The main motive of these moves is to grow their regional presence all across the world.
For Right Perspective & Competitive Insights on wireless USB (WUSB) devices Market, Request for a Sample
The list of key vendors in the global wireless USB (WUSB) devices market includes:
- Intel Corporation
- Cypress Semiconductor Corporation
- Alereon Inc.
- Artaflex Inc.
- Unigen Corporation
- Hewlett-Packard Company
- Wisair Ltd.
Global Wireless USB (WUSB) Devices Market: Regional Assessment
On regional front, Europe is projected to be one of the leading regions of the global wireless USB (WUSB) devices market during forecast period of 2019 to 2025. The region is expected to hold lion’s share in the market owing to rising demand for machine-to-machine communication units in the automotive telamatics vertical. At the same time, the government bodies in Europe are taking initiatives to support the growth of the market for wireless USB (WUSB) devices. Increased support from OEM automakers will push market growth in Europe. Other regions showing lucrative avenues for the growth of the wireless USB (WUSB) devices market are Asia Pacific and North America.
Wireless technology is a rapidly expanding phenomenon in the 21st century. It started with wireless data transfers to wireless net connectivity to LAN/WAN/internet connection as well the modern electronics going the wireless way. Wireless personal area network (WPAN) technologies, Bluetooth, wireless USB which eliminates the need of landline cabled infrastructure while allowing electronic devices to connect and communicate are growing in popularity. WPAN enabled devices are a growing clan in the electronics industry and they mark the era of intelligent inter-device communication.
Market potential of these technologies remain bright as device to device communication continues to evolve into an ubiquitous feature of modern computing, networking and communication. Growing consumer demand for convenience and freedom from wires in connecting all electronic devices is creating lucrative commercial opportunities for High-Speed Wireless PAN Technologies like wireless USBs. USB is prominent in the device segment such as personal computers, digital cameras, set top box, mobile phones, Mp3 players, flash memory, PC peripherals, communication devices etc.
There is a fertile environment for increased sales of USB devices due to its functionality. Europe remains the largest regional market. Asia-Pacific represents the fastest growing regional market with volume sales in the region projected to wax at a CAGR of more than 75% over the analysis period. Driven by a global trend towards wireless connectivity, the world market for Wireless USB (WUSB) Devices is projected to witness increased demand over the next few years and reach about 11.02 million units in volume sales by 2018. Major players in the marketplace include Alereon Inc., Artaflex Inc, Cypress Semiconductor Corporation, Hewlett-Packard Company, Intel Corporation, Samsung, Unigen Corporation, Veebeam, and Wisair Ltd.
Increased focus on machine-to-machine (M2M) communication, especially in key application segments such as telematics and telemetry is poised to benefit networks providing M2M connectivity, such as WUSB. Also, growing interest in short range technologies, given their benefits such as shorter frequency ranges, low power, low cost, and secure interconnections within a small personal operating space, and elimination of the need for physical access to a wired network, among others are expected to drive gains in the global wireless USB devices market over the next few years. In addition, growing use of mobile Internet devices, such as tablet PCs, smart phones, laptops, and notepads have created the need for Personal Area Networks (PANs) for connecting to mainstream networks such as the Internet.
This market research report analyzes important market segments, and major geographies. This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides an overview of the pricing trend and its impact on the market
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.