Docking Station Market

Docking Station Market by Connectivity (Wireless and Wired), Products (Laptop, Smartphones, and Tablets), Distribution Channels (Offline and Online), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: ICT-SE-365
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 169
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The global docking station market is projected to expand at a CAGR of 4.6% during the forecast period, 2021 – 2028. The growth of the market is attributed to rising penetration of these devices for wide range of applications, such as vehicle tracking, communication, data collection, and inventory management.

Docking station is an electronic device that is used to plug-in various electronic gadgets into one. It is extensively used in various devices such as laptops, mobile phones, and hard drives. There are various types of connectors in a device and the docking station is especially designed for a specific model of a product. Additionally, it has different slots for mobile phone charging, storage devices, and peripheral devices such as monitors and printers.

Docking Station Market Key Takeaways

Docking stations have multi-functional features such as number of USB ports and Ethernet connectivity. Additionally, rapidly growing IT industry across the globe is resulting in the rising demand for computers and accessories, thereby driving the docking station market growth. These stations help to improve the business environment and enhance their productivity.

Market Drivers, Restraints, Trends, and Opportunities

  • Growing adoption of these devices in manufacturing and e-commerce industries owing to its features such as enhanced efficiency of supply chain management by instantly collecting the data is positively influencing the growth of the market.
  • Increasing consumer preference for Bring-Your-On-Device (BYOD) working culture, as it reduces expanses and improves flexibility and efficiency is boosting the product demand across the globe.
  • Rising need for quick data transfer, which ensures safety and accuracy is driving the market growth.
  • Compatibility issues of these docking stations is the key factor hampering the market growth. Additionally, high cost of these docking stations is restraining the market growth.
  • The emergence of novel coronavirus (COVID-19) outbreak has adversely affected the market growth owing to the closure of manufacturing operations across the globe.
  • Recent technological developments such as USB-C thunderbolt and USB 3.0 is anticipated to drive the market growth during the forecast period.
  • Growing consumer preference toward use of portable devices such as computers, laptops, tablets and printers owing to rapid digitalization is expected to drive the market growth.
  • Increasing disposable income and rising adoption of integrated technologies across the globe are projected to spur the growth of global docking station market.
  • Growing consumer inclination toward docking station owing to its innovative technology and simple wiring system is propelling the market growth.

Scope of the Report

The report on the global docking station market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Docking Station Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Connectivity (Wireless and Wired), Products (Laptops, Smartphones, and Tablets), and Distribution Channels (Offline and Online)

Regional Scope

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

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

The Targus Corp., StarTech.com, Dell Technologies, Inc., ACCO Brands Corp., HP Development Company, Lenovo Group Ltd., Plugable Technologies, Toshiba Corp., Apple, Inc., and Samsung Group


Global Docking Station Market Segment Insights

Wired segment to account a significant market share
On the basis of connectivity, the market is segmented into wired and wireless. The wired segment accounts for a market share of more than 70%, in 2020, in terms of revenue. Wired products allow connectivity to portable through DisplayPort or HDMI cable. On the other hand, wireless systems easily get affected owing to channel congestion and internet efficiency, that reduces data transfer speeds and reliability. However, the wireless segment is expected to witness an impressive growth rate owing to the recent advancement in wireless technologies such as incorporation of technologies such as WiGig, Wi-Fi and Bluetooth.

Offline segment to account a considerable market share.
Based on distribution channels, the market is bifurcated into offline and online. The offline segment is expected to account for a considerable market share owing to the availability of wide range of products in multi-brand retail stores. Growing consumer inclination toward offline shopping due to the flexibility to check the product before purchase and availability of sound sales service.

The online segment is anticipated to witness a healthy growth rate owing to the availability of a wider range of products and payment option than offline stores and availability of doorstep delivery.

Laptops segment projected to account for a large market share.
On the basis of products, the market is divided into laptops, smartphones, and tablets. The laptops segment is project to account for a large market share during the forecast period. Laptops are connected to other devices and can be converted into desktops by using these docking stations. Laptops are connected to the universal port replicator to enable user access to monitor, printer, keyboard, mouse, external USB hard drive, and speakers, among others. Furthermore, rising number of docking stations that are compatible with PC platforms, Mac, Android, and Chrome OS is driving the segment growth.

Docking Station Market By Products

North America accounts for a significant market share.
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. In 2020, North America accounted for a market share of more the 35% in terms of total revenue. Rising adoption of docking systems owing to the rapidly growing IT industry in countries, such as the US and Canada is anticipated to spur the regional market growth.

The market in Asia Pacific is anticipated to witness a substantial growth rate owing to the growing penetration of IT firms in countries, such as China, India and Japan. Additionally, growing usage of smartphones and increasing purchasing power are some of the factors that are driving the market growth in the region.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Docking Station Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Docking Station Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Docking Station Market - Supply Chain
  4.5. Global Docking Station Market Forecast
     4.5.1. Docking Station Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Docking Station Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Docking Station Market Absolute $ Opportunity
5. Global Docking Station Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Docking Station Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Docking Station Demand Share Forecast, 2019-2026
6. North America Docking Station Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Docking Station Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Docking Station Demand Share Forecast, 2019-2026
7. Latin America Docking Station Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Docking Station Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Docking Station Demand Share Forecast, 2019-2026
8. Europe Docking Station Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Docking Station Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Docking Station Demand Share Forecast, 2019-2026
9. Asia Pacific Docking Station Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Docking Station Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Docking Station Demand Share Forecast, 2019-2026
10. Middle East & Africa Docking Station Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Docking Station Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Docking Station Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Docking Station Market: Market Share Analysis
  11.2. Docking Station Distributors and Customers
  11.3. Docking Station Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. The Targus Corp.
     11.4.2. StarTech.com
     11.4.3. Dell Technologies, Inc.
     11.4.4. ACCO Brands Corp.
     11.4.5. HP Development Company
     11.4.6. Lenovo Group Ltd.
     11.4.7. Plugable Technologies
     11.4.8. Toshiba Corp.
     11.4.9. Apple, Inc.
     11.4.10. Samsung Group
Scope of the Report
The global docking station market has been segmented on the basis of

Connectivity
  • Wireless
  • Wired
Products
  • Laptops
  • Smartphones
  • Tablets
Distribution Channels
  • Offline
  • Online
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • The Targus Corp.
  • StarTech.com
  • Dell Technologies, Inc.
  • ACCO Brands Corp.
  • HP Development Company
  • Lenovo Group Ltd.
  • Plugable Technologies
  • Toshiba Corp.
  • Apple, Inc.
  • Samsung Group

Some of the leading manufacturers in the global docking station market are The Targus Corp., StarTech.com, Dell Technologies, Inc., ACCO Brands Corp., HP Development Company, Lenovo Group Ltd., Plugable Technologies, Toshiba Corp., Apple, Inc., and Samsung Group.

Manufacturers are focusing on improving their product offering by indulging in mergers and acquisitions product innovation to expand their market share. They are also investing in product innovation to acquire a significant market share.

In August 2019, Targus Corp. announced the launch of USB-C Universal Quad 4K (QV4K) Docking Station. It is an enterprise-class universal dock that supports four 4K displays through its four DisplayPort. Moreover, it has compatibility with several OS.

 Docking Station Market By Key Players

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