Docking Station Market SWOT Analysis by Key Players ASUSTeK Computer, Dell, Hewlett-Packard Company, IBM Corporation, Lenovo Group Ltd., Samsung Electronics Co. Ltd., Sony Electronics Inc., StarTech.com, Toshiba Corporation

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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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.

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.

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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