Docking Station Market-Global Insights,Analysis, 2017-2025
Docking Station is an electronic device, which permits portable computers to connect with other devices. Increasing trend of bring your own device policy has become one of the major factors driving growth of the docking station market globally. According to Coherent Market Insights, the BYOD market is projected to reach up to US$ 266.2 billion by 2019. Increasing demand for BYOD trend is experienced due to increasing focus of companies on innovation and productivity, employee satisfaction and retention, and cost savings. Implementation of BYOD policy has created a comfortable environment among employees, as they do their own work on their device, which also increased the efficiency and productivity of the company. Hence, increasing BYOD trend has increased the demand for docking stations. Increasing number of sales units of mobile devices have also fueled growth of the docking station market. Request Table of Content of This Report: https://www.coherentmarketinsights.com/ongoing-insight/toc/853 Docking Station Market Taxonomy On the basis of docks type, the global docking station market is segmented into: ● Laptop Docks ● Hard Drive Docks ● Mobile Device Docks The laptop docks segment held the largest market share in 2016 and is projected to retain its dominance throughout the forecast period. Due to increasing adoption of laptops, which have replaced desktops, have increased the demand for laptop docks. According to coherent market insights, in 2016 around 156.8 million units of laptops were sold globally. On the basis of technology, the global docking station market is segmented into: ● Wired Docks ● Wireless Docks Wired docks segment held a dominating position in the market in 2016 and is projected to retain its dominance throughout the forecast period. Wireless docks segment is projected to exhibit the largest CAGR over the forecast period. The increasing demand for wireless technology has increased the demand for wireless docks.