Press release

Global Docking Station Market 2019-2023 | Increasing Focus on Design Enhancement of Docking Stations to Boost Growth | Technavio

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The global docking station market is expected to post a CAGR of close to
3% during the period 2019-2023, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global docking station market from 2019- ...

Technavio has published a new market research report on the global docking station market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand
for docking stations for material handling. The growth of the
manufacturing sector and the increasing intensity of competition in the
e-commerce industry across the world necessitates the improvement of
warehouse management for an efficient supply chain process. Computing
devices are used for multiple applications, including data collection,
inventory management, merchandising, communication, and vehicle
tracking. These devices play a vital role in supply chain management,
wherein the warehouse staff needs to collect and update supply chain
data instantaneously, accurately, and securely. This necessitates the
use of docking stations that can connect multiple devices. Thus, changes
in operational structure and rapid implementation of Industry 4.0 will
create a high demand for mobile computing devices and docking stations.

As per Technavio, the increasing focus on design enhancement of docking
stations will have a positive impact on the market and contribute to its
growth significantly over the forecast period. This global
docking station market
research report also analyzes
other important trends and market drivers that will affect market growth
over 2019-2023.

Global docking station market: Increasing focus
on design enhancement of docking stations

Docking stations are primarily used for multi-monitor display setups and
connecting PCs or tablets with various other devices such as keyboards,
mice, and printers. Design enhancements of docking stations are focused
on ease of use and support additional functionalities. Most of the
tablet docking stations have a snap-on cover and an electrical connector
that is exposed outside the docking case and this type of design is
prone to damages. Also, most of the docking stations are capable of
docking tablets only in a single direction, which results in operational
inconvenience. Thus, the trend of focusing on design enhancements of
docking stations is expected to have a positive impact on the global
docking station market in the near future, as several vendors are coming
out with innovative and efficient products.

“Apart from the increasing focus on design enhancement of docking
stations, docking station manufacturers are continuously innovating and
developing advanced docking stations by incorporating features such as
USB 3.0, USB-C, Thunderbolt, and wireless connectivity. OEMs are
incorporating these technologies in docking stations to provide every
possible connectivity feature to their users. These types of
technological advances are expected to be major factors driving the
growth of the global docking station market during the forecast period,”
says
a senior analyst at Technavio.

Global docking station market: Segmentation
analysis

This market research report segments the global docking station market
by end-user (enterprise and residential), by product (PCs and
smartphones and tablets) and geographical regions (North America,
Europe, APAC, South America, and MEA).

The North American region led the market in 2018, followed by Europe,
APAC, South America, and MEA, respectively. However, during the forecast
period, the APAC region is expected to register the highest incremental
growth due to the expansion of blockchain technologies in APAC.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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