Docking Station Market Progresses for Huge Profits by 2025
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.
Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/853
Docking Station is an electronic device, which permits portable computers to connect with other devices. Increasing trend of bring your own device policy has become one of the major factors driving growth of the docking station market globally. According to Coherent Market Insights, the BYOD market is projected to reach up to US$ 266.2 billion by 2019. Increasing demand for BYOD trend is experienced due to increasing focus of companies on innovation and productivity, employee satisfaction and retention, and cost savings. Implementation of BYOD policy has created a comfortable environment among employees, as they do their own work on their device, which also increased the efficiency and productivity of the company. Hence, increasing BYOD trend has increased the demand for docking stations. Increasing number of sales units of mobile devices have also fueled growth of the docking station market.
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.
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.
Request For Table of Content of this Report : https://www.coherentmarketinsights.com/ongoing-insight/toc/853
You may be interested
Gasoline Type Portable Generator Market 2018 – 2023 Trends, Analysis, Market Forecast, Production DemandAlbert R - December 13, 2018
Gasoline Type Portable Generator Market is anticipated to have maximum growth during years 2018 to 2023 according to the latest research made by WMR. This Gasoline Type…
2018 – 2023 Hydroponic Equipments Market Report | Top Competitors, Features, Application And RegionsAlbert R - December 13, 2018
Hydroponic Equipments Market is anticipated to have maximum growth during years 2018 to 2023 according to the latest research made by WMR. This Hydroponic Equipments Market Intelligence…
Combustion Controls Systems Market 2023 Trends, Analysis, Market Forecast, Type And ApplicationAlbert R - December 13, 2018
Combustion Controls Systems Market is anticipated to have maximum growth during years 2018 to 2023 according to the latest research made by WMR. This Combustion Controls Systems…