Global USB Extender Market 2019 Forecast Analysis by 2023: ATEN International Co., Ltd, Extron Electronics etc.

USB Extender Market Size 2021 Industry Share, Strategies, Growth Analysis, Regional Demand, Revenue, and 2029 Forecast Research Report:

The global USB extender market is estimated at USD325.5 million in 2020 and is projected to reach USD 357.1 million by 2023, registering a CAGR of 3.1% from 2019 to 2023. USB extenders are portability, convenience, widespread compatibility, higher read and write speed, interoperability across all platforms, and improvements in security in the form of password protection. These are important advantages that have enabled the mass adoption of USB extenders over the years. The latest revision of the USB standard 'USB 3.0' allows faster transfer speeds, superior power management features, and higher maximum bus power in terms of technical advances, which is a crucial contributing factor to the success of this industry.

USB stands for Universal Serial Bus, which is an industry-standard that specifies the cable, connector, and protocols of communication between computers and other electronic devices for connection, communication, and power supply. The multitude of transfer modes it enables is another notable feature, which supports managed, continuous, bulk, and isochronous transfers. Favorable government initiatives focusing on imparting automation and digital technologies in the manufacturing industry have also widened the scope of the USB 3.0 market. On the other hand, USB 2.0 and USB 1.0 also held a substantial share in the market owing to the increasing penetration of computer peripherals in the market. The government of India is also taking the initiative to drive digitalization through programs including “National Knowledge Network” and “National Optic Fiber Network”, which has emerged as one of the crucial factors in the upswing of the electronics sector, driving the USB extender market in near future.

Also, increasing focus on electric car technology among current players in developing countries especially in Asia-Pacific is expected to create enormous market opportunities. Also, the rising need for more accurate testing in the medical sector has raised the demand for medical devices in hospitals in various applications such as MRI, CT scan, and Ultrasound. This medical solution makes it mandatory to adopt devices such as extenders for providing better connectivity and faster data transfer.

Get a Sample Copy of this report with the latest Industry trends and COVID-19 Impact: https://straitsresearch.com/report/usb-extender-market/request-sample

The Major Players Covered in this Report: ATEN International Co., Ltd, Extron Electronics, Advantech Co., Ltd, Shenzhen Langheng Technology Co, Icron Technologies Corporation, NOREL Systems Ltd, Lontium Semiconductor Corporation, ADATA Technology Co. Ltd., Corsair Components Inc., Dexxon Group, Samsung Electronics Co., Ltd., SanDisk Corporation and Sony Corporation., & More...

By Type, USB 1.0, USB 2.0, USB 3.0,
By Application, Commercial, Medical, Industrial

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for USB Extender in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global USB Extender market during the forecast period 2019-2023. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of USB Extender and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of USB Extender. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

View this report with a detailed description and TOC @ https://straitsresearch.com/report/usb-extender-market/toc

Impact of COVID-19:
COVID-19 has emerged as a global public health emergency that has set back the development of the global USB extender market. Globally, leading brand hypermarkets, stores, and showrooms have remained shut, impacting sales of different consumer electronics goods. As a result of the lockdown steps, businesses around the world have embraced remote work as a tool to continue their business processes. Work from home (WFH) has contributed to a rise in demand for computers, laptops, and peripherals for employees which is a positive sign for market growth.

Recent Developments:
InSeptember2019, Advantech and Acronis signed a “Global Distribution Agreement” for enhanced IoT cyber protection. With this agreement, Advantech aims to build a secure distribution channel and provide its customers with the benefits of Acronis product quality

In August 2019, ATEN introduced two new models of USB peripherals—the US3310 2-port USB-C Dock Switch and the US3342 2-port USB-C Gen 2 Sharing Switch, facilitating new ways of connecting devices to a computer. Both these models support 85W USB-C Power Delivery 3.0 pass-through.
In June 2019, Extron collaborated with Lifesize, a cloud-based video conferencing services provider, to provide AV control technology for its meeting room systems.
In June 2019, Icron collaborated with Jabra, a manufacturer of the 180-degree Panoramic-4K plug-and-play video camera system, to provide Jabra’s PanaCast teleconferencing cameras an extended reach of USB 3.0 connections up to 100m over a single CAT 6a/7 cable using Icron’s USB 3-2-1 Raven Extender.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/usb-extender-market/global/

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enable us to determine greater insights by eliminating the research costs.

This release was published on openPR.