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ELECTRONICS & SMART DEVICES

Docking Station Market Segmentation by Product Type (Port Replicators, OEM/Proprietary Docks, and Vehicle Docks); by Connectivity (Wired and Wireless); by Docking Interface Type (USB A, USB C, Thunderbolt); by Driver (Software and Driver-Less); by Port Type (HDMI, DVI, VGA, USB Fast-Charge, USB 2.0, USB 3.0, Gigabit Ethernet, Headset Jack, and Others); by Application (Laptop, Tablets, and Mobiles); and by End-User – Global Demand Analysis & Opportunity Outlook 2030

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Extensive insights into the Growth of Docking Station Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

· July 24, 2019: Hewlett Packard Enterprise announced that it would expand its operations, manufacturing and employee base in India by investing USD 500 Million over the next five years.

· May 6, 2021: Targus announced that it would be adding two docking stations to Google’s Works with Chromebook program. The agreement is aimed at increasing productivity of Chromebook users.

Global Docking Station Market Highlights Over 2020 - 2030

The global docking station market is estimated to garner significant revenue by growing at a CAGR of ~6% over the forecast period, i.e., 2021 – 2030. The growth of the market can be attributed primarily to the numerous benefits associated with the use of these devices, along with the rising trend of bring your own devices (BYOD) in work places. Moreover, with the advancements in technology, manufacturers of computing devices are increasingly focusing on enhancing device portability by introducing multi-function ports, which is also one of the major factors driving the demand for docking stations. On the other hand, owing to the COVID-19 pandemic, as individuals are adopting to remote working, there is a rising need among individuals to connect multiple devices for work, which is also driving the demand for these accessories, thereby contributing to the market growth. Moreover, growing sales of handheld devices, such as cellphones, and tablets, along with the rising demand for laptops worldwide are also anticipated to drive the market growth during the forecast period. The sales of cell phones surged massively over the past one decade, growing from nearly 300 Million units in 2010 to over 1500 Million units in 2020. Shipment of laptops, on the other hand, grew from around 150 Million units in 2015 to nearly 220 Million units in 2020. The market is also anticipated to grow on account of the growing trends of video gaming, as well as for the increasing need for vehicle mounted docking stations for use in vehicles of law enforcement authorities.

Docking Station Market Graph

The market is segmented by type into port replicators, OEM/proprietary docks, and vehicle docks, out of which, the port replicators segment is anticipated to hold the largest share in the global docking station market throughout the forecast period. Port replicators are usually universal in nature and hence can be used for connecting multiple devices. These are usually available in a variety of connectivity formats, such as USB-A, USB-C, thunderbolt, and others, and can be connected to any type of computing device. CLICK TO DOWNLOAD SAMPLE REPORT

The global docking station market is segmented by driver into software and driver-less. Mostly, the docking stations require software or drivers in order to work. However, there are issues involved related to compatibility as well as updation on timely basis, which often acts as a challenging factor for the users. Moreover, driver installation often results in the slow functioning of the computer. This has driven many manufacturers to come up with driver-less docking stations that do not require any software or driver installation. Such docking stations come up with user-friendly interface, are self-maintained, easy to use, and are compatible with wide range of operating systems. These are ideal for both students and technocrats. Driven by these trending attributes, the driver-less segment is estimated to witness fastest growth in upcoming years.

Major Macro-Economic Indicators Impacting the Market Growth

Research and development Graph

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Docking Station Market Regional Synopsis

Regionally, the global docking station market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is estimated to witness noteworthy growth over the forecast period and hold the largest market share by the end of 2030. The growth of the market in the region can be attributed to the increasing digitization rate in countries such as the United States and Canada, along with the increasing awareness about docking stations amongst the end-users. The market in the Asia Pacific, on the other hand, is anticipated to grow with the highest CAGR during the forecast period, owing to the presence of countries, such as China and Japan, where China is known as the manufacturing hub of computing devices. According to the statistics by the World Bank, the exports of ICT goods as a share of total goods exports in China increased from 25.939% in 2014 to 27.308% in 2018.

ICT Goods Exports Graph

Docking Station Market Share Graph

The global docking station market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global docking station market includes the following segments:

By Product Type

  • Port Replicators
  • OEM/Proprietary Docks
  • Vehicle Docks

By Connectivity

  • Wired
  • Wireless

By Docking Interface Type

  • USB A
  • USB C
  • Thunderbolt
  • Others

By Driver

  • Software
  • Driver-Less

By Port Type

  • HDMI
  • DVI
  • VGA
  • USB Fast-Charge
  • USB 2.0
  • USB 3.0
  • Gigabit Ethernet
  • Headset Jack
  • Others

By Application

  • Laptop
  • Tablets
  • Mobiles

By End-User

  • Commercial
  • Residential

Growth Drivers

  • Growing Sales of Computing Devices
  • Increasing Advancements in Computing Technology
  • Rising Trends of Bring Your Own Device (BYOD)

Challenges

  • Availability of Counterfeit Products

Top Featured Companies Dominating the Market

  • Gamber-Johnson LLC
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Havis, Inc.
  • Targus
  • ACCO Brands Corporation
  • Acer Inc.
  • Apple Inc.
  • ASUSTeK Computer Inc.
  • Dell Inc.
  • Fujitsu
  • HP Development Company, L.P.
  • Lenovo

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