If you’ve bought a computer or phone in the past five years, you know what a dongle is. They connect headphones to charging ports, laptops to TVs or card readers, etc. Today, many everyday tech tasks are difficult to accomplish without them, which makes dongles a big business. Much of this is due to Apple, which removed its headphone jack from the iPhone line and switched almost entirely to USB-C (now Thunderbolt 3) ports on its computers in 2016.
Apple, Belkin and other accessory companies have created a huge market for these dongles, which, depending on the facts and factors, would bring in more than $ 25 billion by 2027. But with wireless technology constantly on its heels adapters like these, companies that most of their money on dongles – Belkin CEO Steve Malony said about 70% of their business was once in dongles – is investing in the future device connections.
Watch the video to learn more.