Increasing Demand For Portable Workstations To Foster The Growth Of Docking Station Market In Future
“Docking Station Market: Global Demand
Analysis & Opportunity Outlook 2024”
The global
docking station market is segmented into type such as laptop docking stations,
mobile device docking stations and hard drive docking stations. Among these
segments, laptop docking stations segment is expected to dominate the docking
station market globally. Further, practices of bring your own device and carry
your own device in IT companies is anticipated to foster the growth of the
laptop docking station market. Moreover, increasing number of IT companies in
the developing nations is expected to swell the demand for docking stations
during the forecast period.
Global docking
station market is expected to register a CAGR of 5.4% over the forecast period.
Moreover, the global docking station market is expected to garner USD 7.5 Billion
by the end of 2024. The market is expected to expand on the back of increasing
utilization of docking stations in commercial sector.
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The commercial
segment by application is estimated to register an exponential CAGR during the
forecast period. Moreover, the commercial segment is expected to account for
the largest share of revenue across the globe. Factors such as wide adoption of
docking stations from enterprise segment have triggered the demand for docking
station systems for commercial applications. Apart from this, implementation of
favorable policies in the commercial offices is anticipated to substantially
grow the market of the commercial docking station.
Implementation of Favourable Policies
Increasing demand and adoption of docking stations at
workplaces is propelling the growth of the docking stations market. Further,
rising
demand for portable workstations is expected to positively impact the growth of
the docking station market. Moreover, implementation of programs such as bring your own device
(BYOD) and carry your own device (CYOD) in IT companies is expected to uplift
the demand for docking station globally.
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Expansion of IT Industries
Increasing
presence of IT companies in the developing nations such as China, India and
Taiwan are expected to fuel the demand for docking stations over the forecast
period. Further, substantial growth of these companies in the recent years is
further anticipated to boost the growth of docking stations market.
Although,
high cost of docking station and compatibility issue of docking stations are
some of the factors that are likely to inhibit the growth of the docking
station market in the near future.
The report
titled “Docking station Market: Global Demand Analysis & Opportunity Outlook
2024” delivers
detailed overview of the global docking station market in terms of market
segmentation by type, by technology, by application and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
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This
report also provides the existing competitive scenario of some of the key
players of the global docking station market which includes company profiling
of Apple Inc., Samsung Ltd., Sony Corporation,
Lenovo Ltd., Toshiba Corporation, Dell Inc., HP Inc., AsusTek Computer Inc., Haier
Group Corporation., and Fujitsu Ltd. The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global docking station market that will
help industry consultants, equipment manufacturers, existing players searching
for expansion opportunities, new players searching possibilities and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
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