09-13-2017 04:43 PM CET - IT, New Media & Software
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Docking Station Market : Technological Advancements, Evolving Industry Trends and Insights

Press release from: Transparency Market Research Technology

Docking stations are used to plug electronic and mobile devices into common peripherals. They are hardware that help portable devices connect to various peripheral devices. Docking stations makes device connectivity user friendly. They have multiple slots for connectors, storage devices, and peripheral devices such as printers and monitors.

Docking stations help increase the productivity of employees by guaranteeing access to all the critical devices easily with reduced wiring. Docking stations are complementing strategies such as bring your own device (BYOD) and choose your own device (CYOD). The global docking station market was valued at US$ 4,204.7 Mn in 2013 and is forecast to grow at a CAGR of 5.3% from 2014 to 2020, reaching US$ 6,018.6 Mn in 2020.

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Major docking station providers profiled in the report include Dell, Inc., Hewlett-Packard Development Company, L.P., Samsung Electronics Co., Ltd., Toshiba Corporation, ASUSTeK Corporation Inc., Lenovo Group Limited, StarTech.Com Ltd., and Targus Group International, Inc.

The global docking station market has been segmented on the basis of type, technology, application, and geography. On the basis of type, the market is segmented into laptop docking stations, hard drive docking stations, and mobile device docking stations.

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Increasing adoption of BYOD policies by enterprises worldwide is driving the docking station market. Based on technology, the docking station market is further segmented into wired docks and wireless docks. Wired docks is the major sector in the technology segment due to the low cost of purchase and superior connectivity. Also, according to application the docking station market is divided into residential and commercial segments.

North America led the docking station market in 2013, accounting for approximately 45% of the global market revenue; the region is expected to remain dominant throughout the forecast period from 2014 to 2020. The primary driver of the docking station market in North America is the wide adoption from the enterprise segment. Europe and Asia Pacific are anticipated to hold promising growth for the docking station market in the future.

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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