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Docking Station Market-Global Insights,Analysis, 2018-2025

Author: Apeksha Motghare
by Apeksha Motghare
Posted: May 31, 2018

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On the basis of geography, the global docking station market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America holds a dominant position in the global docking station market and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are major countries driving growth of the docking station market in the North American region. High adoption rate of docking system in various enterprises have contributed to the rapid growth in the region. Moreover, increasing implementation of bring your own device policy by various organizations have fueled the docking station market in North America. Similarly, Asia Pacific is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries driving growth of the market in Asia Pacific. The increasing penetration of mobile devices and growing number of tech savvy consumers, coupled with increasing disposable income among the populace, fuels growth of the docking station market in Asia Pacific.

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Key Players in the Global Docking Station Market

ASUSTeK Computer Inc., Dell Inc., Hewlett-Packard Company, IBM Corporation, Lenovo Group Ltd., Samsung Electronics Co. Ltd., Sony Electronics Inc., StarTech.com, Toshiba Corporation, are some of the major players operating in the global docking station market. The new product launch become one of the key strategy adopted by the company. For example in 2017 the company Samsung Company announced that they have successfully launched a DeX docking station accessory for Galaxy S8.

The laptop docks segment held the largest market share in 2016 and is projected to retain its dominance throughout the forecast period. Due to increasing adoption of laptops, which have replaced desktops, have increased the demand for laptop docks. According to coherent market insights, in 2016 around 156.8 million units of laptops were sold globally.

Wired docks segment held a dominating position in the market in 2016 and is projected to retain its dominance throughout the forecast period. Wireless docks segment is projected to exhibit the largest CAGR over the forecast period. The increasing demand for wireless technology has increased the demand for wireless docks.

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Author: Apeksha Motghare

Apeksha Motghare

Member since: Jan 11, 2018
Published articles: 347

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