DOCKING STATION MARKET ANALYSIS
Increasing trend of bring your own device policy has become one of the major factors driving growth of the docking station market globally. According to Coherent Market Insights, the BYOD market is projected to reach up to US$ 266.2 billion by 2019. Increasing demand for BYOD trend is experienced due to increasing focus of companies on innovation and productivity, employee satisfaction and retention, and cost savings. Implementation of BYOD policy has created a comfortable environment among employees, as they do their own work on their device, which also increased the efficiency and productivity of the company. Hence, increasing BYOD trend has increased the demand for docking stations. Increasing number of sales units of mobile devices have also fueled growth of the docking station market.
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