A docking station is a piece of electrical equipment that allows portable computers to connect to other devices. One of the primary aspects driving worldwide docking station market growth is the growing trend of bringing your own device policies. The BYOD market is expected to reach US$ 266.2 billion by 2019, Companies are increasingly focusing on innovation and productivity, employee happiness and retention, and cost savings, which is driving the BYOD movement. Employees are more comfortable as a result of the BYOD policy because they can conduct their own job on their own devices, which has boosted the company's efficiency and productivity. As a result of the growing BYOD trend, the need for docking stations has increased.
Market Outlook for Docking Stations - North America has a sizable market share.
The global Docking Station Market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa based on geography. North America currently dominates the worldwide docking station market, and this dominance is expected to continue during the forecast period. The United States and Canada are two of the most important countries in the North American docking station market. The high adoption rate of docking systems in various businesses has helped the region's rapid growth. Furthermore, the growing adoption of bringing your own device policies by many enterprises has boosted the North American docking station industry.
The Global Docking Station Market's Major Players
Some of the main companies in the worldwide Docking Station Market include ASUSTeK Computer Inc., Dell Inc., Hewlett-Packard Company, IBM Corporation, Lenovo Group Ltd., Samsung Electronics Co. Ltd., Sony Electronics Inc., StarTech.com, and Toshiba Corporation. The launch of a new product has become one of the company's most important strategies. Samsung, for example, revealed in 2017 that they had successfully produced a DeX docking station accessory for the Galaxy S8.
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