The global docking station market was worth US$ 1.51 Billion in the year 2022 and is expected to reach US$ 2.8 Billion by the year 2032 at a CAGR of 6.4% between 2022 and 2032.
With the majority of professionals relying on personal devices for operating remotely, the demand for docking stations is expected to skyrocket in the forecast period.
Additionally, the vendors who operate in the gaming industry do offer various tailored products in numerous options like Nintendo Switch with Neon Blue and Neon Red Joy-Console. Plus, a growing number of e-sports and gaming subscriptions are expected to keep the cash registers ringing for the docking station market. Digitization has been warmly welcomed by millennials. For instance – Smart-Things has its sDock Nano and sDock Fix for iPhones and iPads.
Future Market Insights has etched these facts with future perspectives in its latest market study entitled ‘Docking Station Market’. It has a team of analysts and consultants to execute using a 360-degree view across its macros and micros.
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“With portable gadgets like laptops, cell phones, and tablets turning out to be increasingly popular for professional as well as personal use, the global docking station market is expected to grow on an irrevocable note shortly”, says an analyst from Future Market Insights.
Key Takeaways from Docking Station Market
- North America dominates the market due to the US being subject to the growing demand for e-Sports (especially by the millennials). Moreover, acceptance on the part of CYOD and BYOD work culture is expected to drive the market even further.
- Europe holds the second-largest market share with computer accessories increasingly being used all through the forecast period. Computer accessories are being used at residential as well as commercial levels.
- The Asia-Pacific is expected to grow at the quickest rate in the docking station market going forward owing to the massive usage of PCs, laptops, and tablets overall. India, China, and Japan are leading from the front.
Competitive Station
- ASUS, in January 2022, did unleash the Dual 4K USB-C Dock. It comes across as an ultra-compact and a new-fangled 5-in-1 docking station with Gigabit Ethernet, 100 W Power Delivery pass-through, 10 Gbps transfers over USB-C, and 4K display outputs. This dock has been prepared as one of the follow-ups to the well-known ASUS Mini Dock. It makes way for enhanced battery performance, quicker data transfer speeds, and advanced display outputs; thereby letting several modern-day professionals work simply and quickly.
- Lenovo is known for offering a broad spectrum of docking stations; meant to serve a range of ThinkPads. The customers could thus avail improvised compatibility of ThunderboltTM- and USB-C-enabled laptops due to Intel’s ThunderboltTM technology. They do increase productivity by making use of a one-cable docking solution for 40 Gbps high-speed data that could connect to several 4K screens. A single cable could be used for charging ThinkPad Mobile Workstation laptops (170 kW) and ThinkPad laptops (65 W).
- ClemTech LLC manufactures docking stations to be utilized with OT and IT devices. The functional elements available include networking equipment, computer systems, office items, components, software, audio and video equipment, and peripherals. Security, network, and cloud services are accessible.
- The Anker Apex Thunderbolt 4 Docking Station comes across as a multifunctional hub boosting the existing work set-up. The Thunderbolt 4 connectors are quick and convenient, and the other ports on the 12-in-hub facilitate charging and connecting various PC monitors and devices.
- Targus, in January 2019, announced the launching of two products – DOCK520USZ (a video universal docking station letting laptops connect to nearly 4 monitors through (4) HDMI video out ports) and MiraLogic (an IoT-connected platform workspace intelligence system letting organizations optimize the workspace.
What does the Report dock?
- The research study is based on product (laptop docking stations, smartphones & tablets docking stations, and docking stations for other gadgets), connectivity (wired docking stations and wireless docking stations), and by distribution channel (online sales of docking stations and offline sales of docking stations).
- With growing demand for multi-functional stations with additional charging, high-speed data transmission capabilities, multiple display interfaces, and additional charging, the global docking station market is expected to grow on a precious note in the forecast period.
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Key Segments Covered in the Docking Station Market Report
Docking Station Market by Product:
- Laptop Docking Stations
- Smartphones & Tablets Docking Stations
- Docking Stations for other Gadgets
Docking Station Market by Connectivity:
- Wired Docking Stations
- Wireless Docking Stations
Docking Station Market by Distribution Channel:
- Online Sales of Docking Stations
- Offline Sales Docking Stations
Docking Station Market by Region:
- Docking stations in North America
- Docking station in Latin America
- Docking station in Europe
- Docking station in APAC
- Docking station in MEA
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