Compression has allowed us to reduce the size of the data getting sent over serial buses, which has in turn reduced transmission times.
wireless standards
Bluetooth and WiFi have came a long way since they were introduced and are much available than they were only a few years ago. The adoption of these standards has allowed a new range of connected devices and these have increased the uptake of multimedia.
USB has went from 1.5Mbps to 5Gbps in 12 years. This standard interface is by far the most popular wired connection type on computers. It allows the computer to be attached to large range of peripherals, some useful and some not so much.
Firewire
or ieee 1394 as it is known on non Apple devices, supports speeds up to 3.2Gbps and is mostly used to connect storage devices. Apple is phasing this out favour of Intel’s new thunderbolt standard.