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Adapters (occasionally called dongles) enable a peripheral device to be connected to a separate jack on the computer using a plug. Sometimes these are used to link modern devices over an old network to a legacy port or legacy devices to a modern port. A port is a point of entry that provides core logic and describes features in a sequence. The number of ports depend on the application. The accessibility of digital devices has also caused implementation of port adapters from smartphones to digital cams. Port adapters are emerging as ideal networking solutions for incorporating existing or new environments such as HDMI, VGA, DVI, and AV.
COVID-19 scenario Analysis:
Increasing port adapter adoption in various applications such as smartphones, tablets, and LED lighting is emerging as a key growth factor for the port adapter industry. More competition from the emerging market where the 3G and 4G networks are rolled out is anticipated. The increasing need for port adapters in tablet PCs is indeed also one of the key factors expected to accelerate the increasing demands of various types of dongles market during the forecast period.
Rise in demand for port adapters
The market has expanded at a phenomenal pace over the past few years and is expected to show substantial growth over the next few years due to increase in per capita income growth and increased disposable income. Improving technical developments along with innovations of new low-cost products and growing IT services industry expenses are anticipated to fuel growth of the global port adapters market during the forecast period. Furthermore, governments have increased their emphasis on the ICT sector in high-income countries. The ICT industry is a driving force of economic growth and a significant contributor to the global digital economy's future development. In addition, the latest advances in ICT are based on innovations that change the current state of the industry and the implementation of which is expected to significantly grow during the forecast period.
Growing internet, cable & mobile penetration and growing consumer appetite for content and goods, combined with business need for agility, are expected to accelerate North America's market growth anywhere and anywhere. In the U.S., growing resources and increasing trends in emerging technology are expected to improve the adoption of ICT-sector products and services. Moreover, due to the increasing demand for port adapters, the new companies are reinventing fundamental business aspects and focusing on establishing their operations.
Rapid technological advances in video game consoles and play stations are expected to create lucrative opportunities for AC adapters in the coming years. It in turn is also expected to positively impact the port adapters market during the forecast period.
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