It's similar like runtime libraries such as those MFC and MSVCRT DLL files,
but this one is for drivers. These drivers are commonly used for accessing
portable devices like video/audio players including digital cameras or
camcoders. But not all devices require it (depend on the manufacturer).
Uninstalling it would make those programs no longer be able to access
portable devices. Programs that use their own drivers to access portable
devices are not affected.