Throughout the projected period, the worldwide hybrid devices market is likely to develop due to rising demand for devices with longer battery life. Throughout the projected period, the increasing use of touchscreen navigation is likely to boost the worldwide hybrid devices market growth. Beaming hybrids to televisions using wireless display technology has the potential to provide significant development prospects in the worldwide hybrid devices industry. Moving from Windows to Android might open up new business prospects in the worldwide hybrid device market. The high cost of hybrid devices is projected to limit the global hybrid devices market's growth during the forecast period. Throughout the projected period, heavyweight devices are likely to stymie the worldwide hybrid devices market's expansion.
According to Coherent Market Insights, The global Hybrid Devices Market is estimated to be valued at US$ 30,685.00 million in 2021 and is expected to exhibit a CAGR of 17.7 % over the forecast period (2021-2028).
Major Players in the Hybrid Devices Industry:
1. LG Corporation
LG Group is a multinational conglomerate company that makes electronics, chemicals, and telecom products. LG Group was founded on January 5, 1947, and is headquartered in Seoul, South Korea. In October 2022, Infineon Technologies will work with LG Group to help start-ups in Singapore and South Korea find innovative solutions for decarbonisation and digitalization. In September 2020, LG Corporation, a South Korea based consumer electronics company teased a new smartphone-tablet hybrid with slide-out display.
2. Microsoft Corporation
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington. In May 2020, Microsoft Corporation launched a new surface family of devices Surface Go 2 and Surface Book 3.
3. Fujitsu Ltd
Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. Fujitsu Limited was founded in 1923 and is headquartered in Tokyo, Japan.
4. Lenovo Group
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. It operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo Group Limited was founded in 1984 and is based in Quarry Bay, Hong Kong. In July 2021, Lenovo Corporation, a China based consumer electronics company launched 2-in-1 laptops with detachable keyboards for India market.
5. Toshiba Corporation
Toshiba Corporation, together with its subsidiaries, provides electronic devices and storage solutions worldwide. It operates through Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Retail & Printing, Electronic Devices and Storage Solutions, Digital Solutions, and Other segments. Toshiba Corporation was founded in 1875 and is headquartered in Tokyo, Japan.
6. ASUSTeK Computer Inc.
ASUSTeK Computer Inc. researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally. ASUSTeK Computer Inc. was founded in 1989 and is headquartered in Taipei, Taiwan.
7. Dell Inc.
Dell Software, a division of Dell Inc., is a multinational provider of IT solutions with headquarters in Round Rock, Texas. Founded in 2012, headquartered in Texas, U.S. In April 2021, Dell, a US based consumer electronics company launched Dell Latitude 7320 Detachable Launched, a 2-in-1 Laptop with Thunderbolt 4 Ports.
8. Samsung Corporation
Samsung C&T Corporation was founded in 1938 as a parent company of Samsung Group. Samsung C&T Corp, formerly Cheil Industries Inc., is a Korea-based company mainly engaged in the operation of meal supply and food distribution business, and fashion business. The Company operates its business through construction business segment. Founded in 1938.
9. Acer Inc.
Acer is one of the world's largest ICT firms specialized in hardware, software and services. Founded in 1995. Headquartered in Spain. In October 2021, Acer Inc., a Taiwan based computer hardware company antimicrobial’ laptop, tablet and 2-in-1 convertible
10. Hewlett-Packard Development Company
Hewlett Packard Enterprise is an edge-to-cloud company that uses comprehensive solutions to accelerate business outcomes. The company was founded in 1939, headquartered in Texas, U.S.
*Definition- With a single device, hybrid devices combine the productivity, mobility, and flexibility of a keyboard and a touch interface. They are a hybrid of laptop computers and tablets, with a laptop having a detachable screen that, when detached, changes into a tablet.
