Latin America Docking Station Market Size & Outlook
Latin America docking station market, 2017-2030 (US$M)
Related Markets
Latin America docking station market highlights
- The Latin America docking station market generated a revenue of USD 128.8 million in 2021.
- The market is expected to grow at a CAGR of 6.7% from 2022 to 2030.
- In terms of segment, laptop was the largest revenue generating product in 2021.
- Smartphones & Tablets is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 128.8 million |
| Market revenue in 2030 | USD 230.2 million |
| Growth rate | 6.7% (CAGR from 2021 to 2030) |
| Largest segment | Laptop |
| Fastest growing segment | Smartphones & Tablets |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laptop, Smartphones & Tablets |
| Key market players worldwide | Startech Labs Inc, Dell Technologies Inc Ordinary Shares - Class C, ACCO Brands Corp, Hewlett Packard Enterprise Co, Lenovo Group Ltd, Toshiba Corporation, Acerinox SA, Acer Inc DR, Samsung Electronics Co Ltd, Targus, Plugable Technologies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.1% of the global docking station market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 745.4 million by 2030.
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Docking Station Market Scope
Docking Station Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America docking station market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to docking station market will help companies and investors design strategic landscapes.
Laptop was the largest segment with a revenue share of 72.2% in 2021. Horizon Databook has segmented the Latin America docking station market based on laptop, smartphones & tablets covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing spending by millennials and growing working class population in this region are the major factors expected to drive the demand for docking station. According to a report by the World Bank, in the past decade, the middle-class population in Latin America grew by 50%, which represented 30% of the overall population.
According to a new InterAmerican Development Bank study (published in 2021), closing the digital connectivity gap with members of the Organization for Economic Cooperation and Development (OECD) could significantly increase employment and kickstart sustainable economic growth in Latin America and the Caribbean (IDB). According to the study, closing the gap with OECD countries would generate over 15 million direct jobs, boost regional economic growth (GDP) by 7.7%, and increase productivity by 6.3%.
In addition, countries such as Costa Rica, Chile, and Peru are also expected to witness growth in the middle-class population, which is likely to fuel product demand in the coming years. With the growth in employment opportunities, the population would likely to adapt more and more technical accessories, which will thereby augment the market for docking station in the region.
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Our clientele includes a mix of docking station market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America docking station market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America docking station market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America docking station market size, by country, 2017-2030 (US$M)
Latin America Docking Station Market Outlook Share, 2021 & 2030 (US$M)
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