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Advances in WLAN, External Hard Disks, and Keyboards Driving Replacement of Existing Devices in the Global Computing Devices Market, Says Technavio
[May 20, 2016]

Advances in WLAN, External Hard Disks, and Keyboards Driving Replacement of Existing Devices in the Global Computing Devices Market, Says Technavio


Technavio research analysts are forecasting positive growth for many segments of the global computing devices market over the next four years as several related markets, including WLAN, external hard disks, and keyboards, will witness an increase in revenues.

Technavio market research analysts predicts the global WLAN market to grow at an impressive CAGR of around 14% during the forecast period. The emergence of the 802.11ac Wave 2 wireless specification is the primary growth driver for this market. 802.11ac Wave 2 specification utilizes the multi-user, multiple input/multiple output (MU-MIMO) technology and has a theoretical maximum wireless speed of up to 6.9 Gbps. The higher bandwidth and MIMO technology of 802.11ac Wave 2 specification will compel enterprises to upgrade their Wi-Fi networks with Wave 2, 802.11ac during the forecast period.

A key trend in the market is the increase in popularity of wireless external hard disks. Though an inbuilt battery makes it a bit bulky, elimination of additional wiring makes them more convenient. The embedded Wi-Fi technology makes it simple to connect to be easily accessible from any smartphone, tablet or personal computer - a feature that is likely to augment the growth of the external hard disk market in the forecast period. APAC is estimated to dominate the external hard disk market during the forecast period with close to 56% of the overall market share by 2020. Factors such as the presence of a large number of PC manufacturers in the region and the growing demand for a higher storage capacity will greatly aid market growth over the next four years.

Technological advances by keyboard manufacturers is another major tend in the global computing devices market. In the market study based on the global keyboard market, it is estimated that the Americas region dominated with approximately 41% of the total market share in 2015. Increasing demand for PC gaming devices in the region will also significantly contribute to this market's growth. In addition, the presence of original equipment manufacturers in the US and increasing number of gamers positively impact vendors.



"To gain maximum market shares, many electronic device vendors from varying industries are anticipated to make significant investments in smart devices to augment integration of advanced electronic components into their electronic devices. The vast amount of data collected from connected devices will allow vendors to improve customer and partner assistance and support," said Sunil Kumar Singh, one of Technavio's lead analysts for hardware research.

The global demand for connected devices for mobile computing (smartphones, tablets, and PCs), media players (smart set-top boxes, smart TVs, and gaming consoles), wearables (smart watches, smart bands, smart glasses, and smart clothing), and smart home appliances is expected to boost the prospects for many new vendors to penetrate the computing devices market during the forecast period.


View Technavio's entire computing devices report library

Some of the key vendors for the global computing devices market include Cisco (News - Alert), HP/Aruba, and Ruckus for WLAN; Western Digital, Seagate, and Toshiba for external hard disk drives; and Logitech (News - Alert), Dell, and HP for keyboard.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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