The demand for Wired Interface continues to grow in the near future

The purpose of the report by Knowledge Sourcing Intelligence LLP, titled, “Wired Interface Market – Forecasts from 2018 to 2023” provides the status of the global wired Interface market during the years 2018-2023 as the advancing technologies impact the market. This report will assist multiple stakeholders, manufacturers, raw material suppliers, and consultants across the value chain to identify the trends and opportunities across the market. The wired interface market is projected to grow at a CAGR of 12.50% throughout the forecast period.

Wired interfaces deal with the transfer of data and power over a cable. A wide variety of cables are developed and designed for specific purposes and offer different form factors, connection mechanisms, and data transfer speeds. The increasing research and development expenditure in the market is resulting in the improvement of power and data transfer speeds, allowing for better user experience, like the new USB standard in the form of USB 3.2, launched in 2017, with the top speed of 20Gbps, doubling that of its predecessor, USB 3.1, which was at 10Gbps.

By device, the smartphones and tablets section will have a substantial share in the market owing to rising demand for smartphones and tablets. Furthermore, the changing interface types in these devices to facilitate faster data and power transfers has led to the requirement of additional cables for these devices. The Personal computer and tablets segment will have many exciting growth opportunities due to the high-power requirement by these devices which are fulfilled by specific cables designed for these purposes, thus boosting the demand for wired interface market.

The Asia-Pacific region will hold a significant share in the market and will also witness exciting growth opportunities on account of rising penetration of electronic devices and improvement in the standard of living, which in turn will augment the demand for electronic devices in the region. Additionally, the trend towards industrial automation and the need for efficient data transfer in an industrial setting will also emphasize the need for wired transfer solutions during the next five years.

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The demand for the wired interface will rise with the penetration of electronics such as smartphones and tablets, personal computers and laptops, and entertainment devices, among others. Furthermore, the increasing demand for faster and more secure data and power networks will snowball the demand for wired interface solutions. However, technological advancements in wireless technology will restrain the demand for the wired interface market during the forecast period.

This report studies the market structure, forecast, growth opportunities and segregated market information of the wired interface market.

This report provides the market forecast based on the following components:
Data Transfer Interface
Power Transfer Interface
Audio and Display Interface
Others

Forecast based on the following devices:
Smartphones and Tablets
Personal Computers and Laptops
Entertainment Devices
Audio and Video Output Devices
External Data Storage Devices
Others

Forecast based on the following geographies:
North America
South America
Europe
Middle East and Africa
Asia Pacific

Also, the forecast focuses on the following key players:
Molex, LLC.
Amphenol Corporation
Japan Aviation Electronics Industry, Ltd.
TE Connectivity
STMicroelectronics N.V.
NXP Semiconductors N.V.
Microchip Technology Inc.
Texas Instruments Inc.
Cypress Semiconductor Corporation
ON Semiconductor Corporation

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About Us:
Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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This release was published on openPR.