Electrical Industry Today

M.2 Connector Market Forecast to 2035 — Strong Growth at 5.9% CAGR

The global M.2 Connector Market is projected to grow from USD 4.23 billion in 2025 to USD 7.5 billion by 2035, expanding at a CAGR of 5.9%, driven by rising demand for compact devices, adoption of SSD storage, growth in gaming and AI applications, and increasing use in consumer electronics and IoT devices.
Published 15 November 2025

The M.2 Connector Market is witnessing robust growth as compact devices, high-speed data storage solutions, and advanced computing applications gain traction worldwide. With a base year of 2024, the market size stands at USD 4.0 billion, expected to reach USD 4.23 billion in 2025, and projected to rise to USD 7.5 billion by 2035. M.2 connectors, essential for connecting solid-state drives (SSDs), Wi-Fi and Bluetooth modules, and other high-speed components, are critical in laptops, desktops, gaming systems, and edge computing devices due to their small form factor, high performance, and reliability.

Market Overview & Forecast

  • Market Size 2024: USD 4.0 Billion
  • Market Size 2025: USD 4.23 Billion
  • Market Size 2035: USD 7.5 Billion
  • CAGR (2025–2035): 5.9%
  • Base Year: 2024
  • Historical Data: 2019–2023
  • Market Forecast Units: USD Billion
  • Report Coverage: Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  • Segments Covered: Application, Type, End Use, Form Factor, Regional
  • Countries Covered: US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA

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Competitive Landscape

The M.2 Connector Market is highly competitive, driven by innovation, miniaturization, and high-speed performance requirements. Key market players include:

  • Sullins Connector Solutions
  • EDAC
  • Lcom
  • Foxconn
  • Harwin
  • Sierra Wireless
  • TE Connectivity
  • Molex
  • Wurth Elektronik
  • Pasternack
  • KET
  • 3M
  • Samtec
  • Hirose Electric
  • JAE Electronics
  • Amphenol

These companies focus on high-speed, durable connectors, compact form factors, and tailored solutions for gaming, SSD storage, IoT devices, and AI computing systems.

Key Market Dynamics

  • Increasing Demand for Compact Devices: Miniaturized laptops, tablets, and IoT modules drive the adoption of M.2 connectors.
  • Rapid Adoption of SSDs: SSDs require M.2 connectors for high-speed data transmission and reliability.
  • Growth of Gaming and AI Applications: High-performance computing devices and gaming systems increasingly rely on M.2 connectors.
  • Technological Advancements in Connectors: Improved materials, high-speed signaling, and thermal management enhance performance.
  • Expanding Consumer Electronics Market: Smartphones, laptops, VR devices, and edge computing solutions increase market demand.

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Key Market Opportunities

  • Rising demand for SSD storage in consumer and enterprise applications.
  • Increasing adoption of IoT devices and connected applications.
  • Growth in gaming, virtual reality (VR), and augmented reality (AR) technologies.
  • Expansion in cloud computing and edge computing solutions requiring compact, high-speed connectors.
  • Advancements in AI-enabled devices and computing platforms.

Market Trends & Dynamics

  • Adoption of high-speed M.2 connectors for NVMe SSDs, enhancing data transfer rates.
  • Development of customized M.2 solutions for gaming consoles, AI servers, and industrial applications.
  • Integration with Wi-Fi, Bluetooth, and 5G modules in compact computing devices.
  • Increased use of multi-lane M.2 connectors for high-performance storage and communication.
  • Expansion of lightweight, compact form factor connectors for portable electronics and wearables.

Market Segmentation

By Application

  • SSD Storage
  • Wireless Modules (Wi-Fi/Bluetooth)
  • AI & Edge Computing Devices
  • Gaming Systems
  • Industrial Automation

By Type

  • B Key M.2 Connectors
  • M Key M.2 Connectors
  • B+M Key M.2 Connectors

By End Use

  • Consumer Electronics
  • Computing & Data Centers
  • Automotive Electronics
  • Industrial Electronics
  • Gaming & VR Systems

By Form Factor

  • 2230
  • 2242
  • 2260
  • 2280
  • 22110

By Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • South America
  • Middle East & Africa (MEA)

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Geographical Insights

  • North America: Growth driven by cloud computing, gaming, and AI hardware adoption.
  • Europe: Expansion supported by gaming, enterprise SSDs, and industrial applications.
  • Asia Pacific: Fastest-growing region due to electronics manufacturing hubs in China, Japan, and South Korea.
  • South America: Moderate growth owing to rising adoption of computing devices and consumer electronics.
  • MEA: Emerging market with increasing ICT infrastructure and growing tech adoption.

Future Outlook

The M.2 Connector Market is expected to experience strong growth over the next decade, with a CAGR of 5.9% from 2025 to 2035. Rising demand for compact and high-speed devices, expansion of SSD storage solutions, and growth in gaming, AI, and IoT technologies will drive market opportunities. Continuous innovation in connector form factors, materials, and thermal management will further strengthen adoption across consumer electronics, enterprise computing, and industrial applications.

Explore our Global Report in Regional Languages

M.2コネクタ市場 | Markt für M.2-Steckverbinder | Marché des connecteurs M.2 | M.2 커넥터 시장 | M.2连接器市场 | Mercado de conectores M.2

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