Hybrid Devices Market Is Expected to Garner $30.92 Billion, Globally by 2022 Key Players- ASUSTeK Computer Inc. Lenovo, HP Development Company, L.P.MicrosoftDell Inc.

Based on the end users of hybrid devices, the market is segmented into personal use, IT and Telecom and others. Others segment comprises educational institutions, healthcare, retail, and government among others. This segment accounted for the highest revenue in 2015 due to the increasing adoption rate of hybrids in educational institutions. However, the personal use sector is projected to depict the fastest growth during the forecast period.
Hybrid Devices Market report, published by Allied Market Research, forecasts that the global market is expected to garner $30.92 billion by 2022, growing at a CAGR of 25.6% during the period 2016 - 2022. Asia-Pacific is expected be the largest market for hybrid devices during the forecast period owing to the growth in personal use, educational institutions, and IT & telecom sectors.

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The hybrid devices are categorized based on different types into convertible and detachable hybrid devices. Detachable devices constitute the highest market share due to their lightweight nature and convenience of use. Nonetheless, convertible devices are estimated to portray the fastest growth owing to multi-mode view and the availability of extra battery space in the device that increases battery life.
Devices with screen size 12 inch-15 inch are projected to dominate the market owing to their size and lighter weight. However, devices with screen size greater than 15 inches are expected to depict the fastest growth in the market pertaining to the superior space for better viewing capability.

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Asia-Pacific currently constitutes the highest market share in the global hybrid devices market on account of economic development in the region paired with increasing number of tech-savvy customers. LAMEA is expected to witness fastest growth over the forecast period, at a CAGR of 26.5% owing to the increasing number of internet users paired with the increasing acceptance of the hybrid devices in the educational institutions.
Based on the end users of hybrid devices, the market is segmented into personal use, IT and Telecom and others. Others segment comprises educational institutions, healthcare, retail, and government among others. This segment accounted for the highest revenue in 2015 due to the increasing adoption rate of hybrids in educational institutions. However, the personal use sector is projected to depict the fastest growth during the forecast period.

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