By 2026, the global docking station market is expected to reach USD 1.7 billion: facts and factors

2021-12-13 17:02:23 By : Ms. isabel Liu

[205+ page research] According to a market research report released by Facts and Factors, the report predicts that the global dock market will increase from USD 1.1 billion in 2020 to approximately USD 1.7 billion in 2026. The global docking station market is expected to grow at a compound annual growth rate of 5.5% from 2020 to 2026.

New Jersey, UK, December 13, 2021 (GLOBE NEWSWIRE) - Facts and Factors released a new research report titled "Docking Station Market by Product (Laptops, Smartphones, Tablets, etc.), By connection type (wired and wireless), by distribution channel (offline and online), and by region-global and regional industry perspective, comprehensive analysis and forecast 2021-2026" in its research database

"According to the latest research, the report predicts that by 2026, the global docking station market will increase from USD 1.1 billion in 2020 to around USD 1.7 billion. The global docking station market is expected to grow at a compound annual growth rate between 2020 and 2026. 5.5%."

How big is the skin wound disinfection market? Report overview and coverage:

The docking station is an electronic portable plug-in device that allows the portable computer to be connected with various devices. Essentially, the main function of the docking station is to provide expansion for the laptop port through a dedicated connector, which is usually located on the side of the laptop and connected to the back of the docking station.

The docking station is designed to be compatible with different USB specifications, such as 2.0 and 3.0. Some docking stations use a single USB cable to provide expansion connections between the computer and speakers, Ethernet, microphone, etc. The demand for these stations is increasing because they have fewer wires for multiple connections. Docking stations are very convenient because they are portable and user-friendly. As IT companies introduce new technologies, the demand for wireless docking stations exceeds that of traditional base stations.

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Key questions answered in this report:

What is the estimated market size and growth rate of the docking market?

What are the key drivers for the growth of the docking station market?

What are the top companies operating in the dock market?

What market segments does the docking market cover?

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Global dock market: growth factors

The main drivers of the global docking station market include the increasing importance of mobile devices due to the increasing number of applications such as communications, data collection, inventory management, vehicle tracking, and merchandise sales, coupled with the increasing popularity of self-contained devices -device ( BYOD) Just to name a few. In addition, with the advent of the forecast period, the increasing demand for measures to reduce work-related expenses and improve flexibility and efficiency will drive the growth of the global docking station market. In addition, with the development of technologies such as USB-C, USB 3.0 and Thunderbolt charging, the demand for fast data transmission continues to increase, which will further expand the footprint of the global docking station market when the forecast period arrives.

The driving force of the global docking station market is the increasing number of digital solutions and the integration of multi-channel charging stations. During the forecast period, the increasing number of office spaces in developed and developing regions, coupled with the improvement of convenience, will promote the growth of the global docking market. However, the non-portability of these devices plus irregular charging costs will hinder the growth of the global docking market during the forecast period to a certain extent.

Global Docking Station Market: Report Scope

Targus Corp, StarTech.com, Dell Technologies, Inc., ACCO Brands Corp, HP Development Company, Lenovo Group Ltd, etc.

Products, connection types, distribution channels and regions

North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa

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Global dock market: regional analysis

Due to the rapid expansion of the IT department and the increasing popularity of BYOD, the use of docking stations continues to increase. It is expected that North America will witness the largest market share during the forecast period. In addition, as the forecast period arrives, increasing infrastructure spending and favorable policies for expansion will increase the footprint of the dock market.

As the penetration rate of IT companies in emerging economies such as China, India and Japan continues to increase, coupled with the continuous increase in product demand, the Asia-Pacific region is expected to achieve the fastest compound annual growth rate during the forecast period. In addition, the increase in the usage of smart phones and the increase in user purchasing power will promote the growth of the docking station market during the forecast period.

By 2027, the hospital sector will dominate the end-user landscape in terms of revenue

The growth of this segment is due to the surge in the number of patients who go to hospitals or clinics for treatment for chronic diseases. In addition, the increase in the base of the aging population will further promote the expansion of the segment within the forecast period.

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Geographically, the global docking station market is dominated by North America, with revenue of US$660 million in 2019. This dominance is mainly attributed to the continuous increase in technology adoption rates in countries such as the United States and Canada.

The world's largest data center is installed in North America, and this reason is expected to increase the demand for docking stations from large enterprises. In addition, Europe will rank second with a compound annual growth rate of 3.9% during the forecast period.

Browse the complete "dock market" by product (laptops, smartphones, tablets, etc.), by connection type (wired and wireless), by distribution channel (offline and online), and by region-global and regional industry perspectives, Comprehensive analysis and forecast 2021-2026" report is located at https://www.fnfresearch.com/docking-station-market-report

The report segmented the skin and wound disinfection market as follows:

Global docking station market: analysis of market segmentation by wound type

Global skin and wound disinfection market: analysis by treatment segment

Global skin and wound disinfection market: breakdown analysis by end user

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