Global Docking Station USB Port Market Outlook 2027

Global Docking Station USB Port Market Analysis - 2018-2027

Docking station is referred to as the dock or port replicator and is a platform for connecting a portable computer to common peripherals. This allows the computer to communicate with a locally connected printer, storage drives, and other devices. The docking station majorly contains various connectors for peripheral devices such as monitors, printers and bays for storage devices, slots for expansion cards. The global docking station USB port market is anticipated to achieve a CAGR of 3.05% across the globe over the forecast period, i.e. 2019-2027. Factors such as growing trend of video gaming, , which requires multiple devices to be connected to each other, growing internet penetration which is generating numerous opportunities and is contributing significantly to the growing presence of market players in the online distribution channel, followed by the advancements in wireless connectivity technology, numerous benefits associated with the docking station USB port and the rising demand for docking station USB products in various end user industries, such as healthcare, IT and others, are some of the factors anticipated to contribute significantly towards the growth of the global docking station USB port market. Additionally, presence of multiple devices, such as smartphones, laptops, tablets and other advanced technological communication devices amongst individuals, increasing population, development of new upcoming office spaces, globalization, development of BYOD policies in organizations, presence of numerous offices around the globe and the technological advancements observed in docking station USB port are some of the factors anticipated drive the growth of the global docking station USB port market.

The global docking station USB port market consists of various segments that are segmented by USB type, connectivity type, dock type, number of ports, end user and by region. The dock type segment is further sub-divided into laptop, hard drive and mobile devices. Out of these, the laptop segment held the largest market share of 70.14% in the year 2018 and is anticipated to cross a value of USD 7699.0 million by the end of 2027 by growing at a CAGR of 2.89% over the forecast period.

Based on region, the global docking station USB port market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which held a market share of 23.11% in the year 2018, is anticipated grow with a CAGR of 3.58% over the forecast period.

Some of the affluent industry leaders in the global docking station USB port market are Hewlett Packard Enterprise, Intel Corporation, Toshiba Corporation, Qualcomm Technologies, Targus, Apple Inc., Samsung Electronics Co. Ltd., Lenovo and Plugable Technologies.