The North America Docking Station Market would witness market growth of 6.1% CAGR during the forecast period (2021-2027).
Docking stations are becoming more sophisticated with the consumers’ desire to have compact, light-weight, and more portable laptops without sacrificing productivity. Constant advancements in internet speed and availability, cloud collaboration, and cloud computing tools have increased the workforce of remote employees.
In addition, the growth of the market would be driven by the emergence of technologies like Thunderbolt, USB 3.0, and USB-C. In addition, makers operating in this market are aiming to enhance their product designs to offer easy-to-use devices along with more and advanced features.
The rapid pace of digitalization of various nations of this region is attracting more people to adopt smart gadgets like laptops, smartphones, and others. The high penetration of gaming gadgets like gaming consoles, smartphones, desktops, and others across this region would accelerate the growth of the regional docking station market over the forecast period. Also, the high internet penetration would also support the growth of the regional market. There is a shift in the preference of the people towards playing video games across the developed nations like Canada and the US, which is estimated to fuel the demand for docking stations in the regional market.
The US market dominated the North America Wired Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $328.8 million by 2027. The Canada market would showcase a CAGR of 8.3% during (2021 - 2027). Additionally, The Mexico market is exhibiting a CAGR of 7.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Docking Station Market is Estimated to reach $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
By Connectivity
By Distribution Channel
By Country
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