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Global Docking Station Market (2020 to 2024) - Industry Trends, Share, Size, Growth, Opportunity and ForecastThe docking station market is expected to grow by USD 762.68 million, progressing at a CAGR of almost 3% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201126005426/en/ Technavio has announced its latest market research report titled Global Docking Station Market 2020-2024 (Graphic: Business Wire) Click & Get Free Sample Report in Minutes The rising demand for docking stations for material handling is one of the major factors propelling market growth. However, factors such as slow growth of PC segment will hamper the market growth. More details: https://www.technavio.com/report/docking-station-market-industry-analysis Docking Station Market: Product Landscape The PCs segment includes desktops, laptops, and notebook computers for enterprises and individuals. A major portion of the demand for PCs is from enterprises, and it is expected to remain the same during the forecast period. Enterprises related to IT services, financial trading, gaming, and blockchain work on large sets of data or multiple programs simultaneously. This raises the necessity for PCs with a multi-monitor setup in enterprises. This is the major factor driving the demand for docking stations for docking multiple monitors. Market growth in this segment will be faster than the growth of the market in the smartphones and tablets segment. Docking Station Market: Geographic Landscape North America was the largest docking station market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growth of SMEs and investments in blockchain technology will significantly drive docking station market growth in this region over the forecast period. 46% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for docking station in North America. However, market growth in this region will be slower than the growth of the market in APAC. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Satellite Ground Station Equipment Market: The satellite ground station equipment market size has the potential to grow by USD 5.59 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Companies Covered:
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