This industry research report presents a detailed segmentation of the global docking station market by geography and includes regions like the Americas, EMEA, and APAC. The key vendors analyzed in this market study are Dell, HP, Toshiba, and Lenovo.
Technavio’s market research analysts estimate the global docking station market to grow at a CAGR of 4% between 2016 and 2020. The increasing demand for handheld devices, such as laptops and tablets, in offices across the globe, is anticipated to augment market growth during the forecast period. The Americas occupy 53% of the global docking station market, owing to the large-scale adoption of tablets and laptops for official purposes.
The new market research report from Technavio provides a breakdown and analysis of the docking station segments by technology.
“Recently, it has been observed that numerous companies are equipped with docking stations to enhance the comfortable working environment for their employees. The employees of such companies prefer to use docking stations as it helps to convert their laptop into a fixed desktop station. This helps to increase the connectivity of mobile devices, which in turn results in market growth during the forecast period,” says Sunil Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research
Owing to the reduction of average selling prices (ASPs) of docking stations, the vendors are introducing new models with automatic battery chargers, which can charge the devices even while being connected. Also, wireless docking stations are gaining traction in the market, owing to portability and connectivity. For instance, The Dell wireless dock D5000 can connect to a keyboard, USB devices, two monitors, Ethernet, and hard drives
The key vendors in the global docking station market include Dell, HP, Toshiba, and Lenovo. This market is slightly fragmented and is characterized by the presence of leading players like Dell and HP. In this market, the level of competition is anticipated to increase rapidly due to the entry of minor vendors like ASUSTek, Sony, and Belkin.
A more detailed analysis is available in the Technavio report, Global Docking Station Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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