Docking Station

Docking Station Market-Global Insights,Analysis,
2017-2025
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.
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Docking Station Market Taxonomy
On the basis of docks type, the global docking station market is segmented into:
● Laptop Docks
● Hard Drive Docks
● Mobile Device Docks
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.
On the basis of technology, the global docking station market is segmented into:
● Wired Docks
● Wireless Docks
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.
On the basis of application, the global docking station market is segmented into:
● Commercial
● Residential
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The commercial segment held a dominant position in 2016 and is projected to retain its
dominance throughout the forecast period. The increasing adoption of wireless docking
stations by small & medium and large enterprises have contributed to growth of this segment.
Docking Station Market Outlook – North America holds significant market share
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.
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.
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Docking Station Market report categorizes the global market by Dock type , by Technology, by Application and Geography - Global Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025