According to a new report Global Docking Station Market, published by KBV research, The Global Docking Station Market size is expected to reach $1,787.3 million by 2027, rising at a market growth of 6.9% CAGR during the forecast period.
The smartphone and tablet segment would display the highest growth rate in the market during the forecasting period. This is attributed to the rising application of smartphones and tablets in the IT sector in order to test new apps for device compatibility. In addition, the demand for flexible workplaces is growing across the globe due to the emerging and booming trend of flexible work culture in corporate offices and the significant increment in the number of startups and remote workforce.
The wireless connectivity segment would display the fastest growth rate in the market during the forecasting period. This is attributed to the integration of sophisticated wireless technologies like WiGig, Wi-Fi, and Bluetooth, with higher efficiency.
The online segment would display the fastest growth rate in the market during the forecasting period. E-commerce would witness the massive growth in the coming years due to the high availability of numerous branded docking stations integrated with much functionality at affordable costs, along with attractive discounts.
The North America market dominated the Global Docking Station Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $639.3 million by 2027. The Europe market is experiencing a CAGR of 6.5% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 8.1% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/docking-station-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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Companies Profiled
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