The Europe Docking Station Market would witness market growth of 6.5% CAGR during the forecast period (2021-2027).
A docking station can be also termed as a universal port replicator. It can be defined as the hardware device that helps to connect portable computers with other devices effortlessly. In addition, the docking station can enable some laptop computers to act as an alternative for a desktop computer, without hampering the mobile computing functionality of the machine.
Moreover, the market players have increasingly been embracing wireless technologies like Wi-Fi, WiGig, and Bluetooth in their products, considering the rising demand. For example, Samsung Group introduced Samsung DeX, which is a wireless docking station, along with Samsung Galaxy S8.
Wired docking stations can connect portable devices to desktops or monitors with the help of an HDMI cable or DisplayPort. Congestion and internet issues can easily affect these wireless systems and could hamper data transfer speed and reliability. Hence, wired products are broadly adopted as compared to wireless devices.
The thriving culture of playing online video games and the growing adoption of work from home among the youth is estimated to propel the growth of the docking station market in this region. Moreover, the regional market has been hit hard by the global pandemic. As countermeasures, many enterprises adopted work from home and bring your own device models that have significantly accelerated the adoption of docking stations.
The Germany market dominated the Europe Docking Station Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $123.3 million by 2027. The UK market is poised to grow at a CAGR of 5.5% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 7.8% during (2021 - 2027).
Based on Product, the market is segmented into Laptop, smartphones & Tablet and Others. Based on Connectivity, the market is segmented into Wired and Wireless. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Docking Station Market Size will Hit $1,787.3 million by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard Enterprise Company, Dell Technologies, Inc., Lenovo Group Limited, Toshiba Corporation, StarTech.com Limited, Targus AP, ACCO Brands Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Plugable Technologies, and Acer Inc.
By Product
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