DisplayPort Adapter Market

DisplayPort Adapter Market Overview (2023 to 2033)

The global DisplayPort adapter market size had reached a valuation of US$ 249 million in 2022 and is projected to end up at US$ 406.9 million by 2033-end, offering an absolute dollar opportunity of US$ 157.9 million over the next 10 years. This is because worldwide demand for DisplayPort adapters is forecasted to rise at a CAGR of 4.6% during the forecast period (2023 to 2033).

Strong inclination of the masses towards consumer electronics, especially rapidly rising sales in developing countries, driven by increasing disposable income, has catalyzed the DisplayPort adapter market growth. These adapters enable users to connect a DisplayPort source to a single-link DVI or HDMI display and are widely accessible and provide excellent performance. Users connect several screens to a single video output. As such, demand for DisplayPort to HDMI adapters has been rising significantly in recent years.

Report Attributes	Details
DisplayPort Adapter Market Size (2022A)	US$ 249 Million
Estimated Market Value (2023E)	US$ 259.5 Million
Forecast Market Value (2033F)	US$ 406.9 Million
Global Market Growth Rate (2023 to 2033)	4.6% CAGR
United States Market Growth Rate (2023 to 2033)	3.2% CAGR
China Market Forecasted Market Value (2033F)	US$ 68.2 Million
Key Companies Profiled	Amphenol Apple Inc. Dell Technologies Inc. HP (Hewlett-Packard) Lenovo Samsung Toshiba

Sales Analysis of DisplayPort Adapters (2018 to 2022) vs. Market Forecasts (2023 to 2033)

Manufacturers are vying to offer DisplayPort adapters that support DRM protection, which is also registering an upswing in demand. Manufacturers of DisplayPort adapters are striving to offer products that facilitate high-quality audio and video transmissions for enhanced customer experiences with minimal inconvenience.

• Short Term (2023 to 2026): As 4K and 8K displays become more affordable and popular, users require DisplayPort adapters that support higher resolutions and refresh rates. This drives short-term growth in the market as consumers and businesses upgrade their display setups. The emergence of technologies like HDR (high dynamic range) and variable refresh rate (VRR) in displays can lead to increased demand for adapters that support these features.
• Medium Term (2026 to 2029): The gaming industry continues to grow, and gamers often seek high-quality displays and peripherals. Adapters that support gaming-specific features like high refresh rates and variable refresh rate technologies are in high demand. Nowadays, content creators who utilize high-resolution monitors or specialized displays may find the need for adapters to connect their devices. As content creation continues to expand across various platforms, this segment can contribute to DisplayPort adapter sales.
• Long Term (2029 to 2033): Remote working has become more prevalent, with many organizations adopting hybrid or fully remote work models. This shift has led to increased reliance on home office setups and personal devices for work. Remote workers often require multiple displays for increased productivity and efficient multitasking. DisplayPort adapters are essential for connecting laptops or PCs to external monitors, creating a more ergonomic and efficient workspace.

Market Dynamics

What is Driving Widespread Adoption of DisplayPort Adapters?

“DisplayPort Adapters Facilitating Enhanced Ergonomics in Remote Work Setups”

DisplayPort adapters allow users to connect various types of displays to their laptops or desktop computers. This versatility is essential for remote workers who may have different monitors or projectors available in their remote workspaces.

Employees can easily connect to larger monitors, ultra-wide screens, or multiple displays to create a more productive and ergonomic workspace. Remote work often involves different work scenarios, such as home offices, co-working spaces, or client meetings. DisplayPort adapters come in various types, such as DisplayPort to HDMI adapters, DisplayPort to VGA adapters, and DisplayPort to DVI adapters, allowing users to connect to a wide range of display devices commonly found in various environments.

The versatility of DisplayPort adapters ensures that remote workers are not limited by the display options available at their remote locations. DisplayPort technology offers high-quality video and audio transmission, even at higher resolutions. This is essential for remote workers who rely on crystal-clear visuals for tasks like video conferencing, graphic design, or video editing.

What are the Factors Impeding the Growth of the DisplayPort Adapter Market?

“High Cost of Advanced DisplayPort Adapters and Lack of Awareness of Their Benefits”

Not all DisplayPort adapters support audio transmission, and those with advanced features like 8K support can be relatively expensive. Price-sensitive customers hesitate to invest in these adapters. Many consumers and businesses may not be fully aware of the benefits of DisplayPort or the availability of DisplayPort adapters, leading them to stick with older connectors or less optimal solutions.

Country-wise Insights

What are the Factors Driving DisplayPort Adapter Sales across the United States?

“Substantial Growth in Gaming and Entertainment Industry and Use of Advanced Graphics”

Sales of DisplayPort adapters in the United States are expected to reach US$ 76.9 million by 2027. The United States is the home to some highly influential technology companies. Tech giants like Apple, Microsoft, Intel, Nvidia, and many other companies are headquartered in these countries. There is a high demand for DisplayPort adapters to connect various devices and displays, as well as for testing and development purposes within the IT industry.

North America is known for its early adoption of new technologies, including high-resolution displays and advanced graphics. DisplayPort technology offers advantages such as high-resolution support, high refresh rates, and better audio capabilities compared to older standards like VGA and DVI. As consumers and businesses adopt these advanced technologies, demand for DisplayPort adapters to ensure compatibility and connectivity grows.

The North American DisplayPort adapters market is a significant hub for the gaming and entertainment industry. Gamers and content creators often use multiple displays or specialized monitors with high refresh rates for immersive experiences and content production. DisplayPort adapters are essential for connecting these devices, leading to increased demand.

Why are Sales of DisplayPort Adapters Growing Fast in China?

“Heavy Focus on Developing Data Centers and Cloud Computing Facilities”

In China, the rising middle class, increased urbanization, and changing consumer preferences have led to a surge in demand for devices such as laptops, desktop computers, monitors, and gaming systems that often require DisplayPort adapters for connectivity. China has been heavily investing in its IT infrastructure, including data centers, cloud computing, and high-performance computing facilities. These developments require high-quality DisplayPort adapters for connecting various devices, such as servers, displays, and GPUs.

China has established itself as a global manufacturing hub. Many international tech companies have their manufacturing operations in China, making it a prime location for sourcing electronic components and accessories, including DisplayPort adapters. China has experienced tremendous growth in its tech ecosystem, with a thriving consumer electronics industry, a burgeoning IT infrastructure, and a robust manufacturing base.

Category-wise Insights

Which Type of DisplayPort Adapter Accounts for High Revenue Generation?

“Market Benefitting from High Data Transfer Speeds of USB-C to DisplayPort Adapters”

USB-C to DisplayPort adapters are gaining traction and are expected to account for a market share of 26.4% in 2023. USB-C adapters were valued at US$ 65.5 million in 2022 and are estimated to create an absolute dollar opportunity of US$ 43.7 million over the next 10 years. Demand for USB-C to DisplayPort adapters is forecasted to rise at 4.8% CAGR from 2023 to 2033.

USB-C has gained popularity as a versatile and universal connector. Many laptops, tablets, smartphones, and peripherals are adopting USB-C ports, making it a preferred choice for data transfer, charging, and display connectivity. USB-C ports, especially those with USB 3.1 Gen 2 or Thunderbolt 3/4 support, offer high data transfer speeds, making them suitable for a wide range of applications, including external hard drives, SSDs, and high-speed data transfer. USB-C also supports fast charging for various devices, including laptops, smartphones, and tablets. This makes it convenient for users to carry a single charger for multiple devices.

Why is the Commercial Sector a Prominent End User of DisplayPort Adapters?

“DisplayPort Adapters Facilitating Multi-monitor Setups to Enhance Professional Productivity”

Growing demand for high-resolution displays, including 4K and even 8K monitors and televisions, is driving the need for DisplayPort connectors capable of supporting these elevated resolutions.

The gaming industry continues to expand, with gaming PCs and consoles becoming more popular. Gamers often use DisplayPort adapters to connect their devices to high-refresh-rate gaming monitors, contributing to their demand. DisplayPort adapters are essential for ensuring compatibility between various devices with different types of video outputs.

Businesses and professionals often use multi-monitor setups to enhance productivity, which requires additional display connectivity options. DisplayPort standards evolve to support higher data transfer rates and better features. Adoption of newer standards, such as DisplayPort 2.0, is driving the need for advanced DisplayPort adapters.

Competition Landscape

Prominent players in the DisplayPort adapter market are Amphenol, Apple Inc., Dell Technologies Inc., HP (Hewlett-Packard), Lenovo, Samsung, and Toshiba. Companies are concentrating on providing adapters with top-notch cable design and construction, which provide a dependable replacement for outdated devices. Manufacturers of DisplayPort adapters are concentrating on R&D as well as feature improvements and product developments to strengthen their revenue position in the DisplayPort adapter market.

Fact.MR has provided detailed information about the price points of key manufacturers of DisplayPort adapters positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of DisplayPort Adapter Market Research

• By Port Type :

  • Single-display Adapters
  • Multi-display Adapters
  • Multi-port Adapters

• By Type :

  • USB-C
  • DisplayPort
  • HDMI
  • Thunderbolt
  • VGA
  • DVI

• By Device Type :

  • Computers/Desktops
  • Laptops
  • Phones & Tablets
  • Televisions
  • Projectors
  • Monitors
  • Others

• By Sales Channel :

  • Online
    • Company/Brand Websites
    • e-Commerce Websites
  • Offline
    • Authorized Resellers
    • Multi-brand Outlets
    • Independent Dealers

• By End Use :

  • Residential/Individual
  • Commercial
    • BFSI
    • Healthcare
    • Media & Entertainment
    • Retail & Commerce
    • Corporate/Business Offices
    • Academic & Institutions
    • IT & Telecommunication
    • Others
  • Industrial & Manufacturing
  • Government/Public Sector

• By Region :

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa