Hybrid devices are the devices that associate the productivity and functionalities of a laptop with similar functionality of a tablet in a single device. These devices are differentiated into convertible and detachable hybrid dices. The convertible hybrid devices come with a functionality of converting the device into a tablet by rotating, sliding or folding the keyboard behind or within a framework. A detachable hybrid device portrays the ability to disengage its keyboard and function as a lightweight tablet PC without the need to carry the additional weight of the keyboard. Over the years, desktops and laptops have been given utmost importance, owing to the presentation of information and other generic functions that they perform. However, technological developments in functionalities and mobility of computers have led to end users switching from traditional to hybrid devices. Hybrid devices are preferred over other devices majorly due to their functionalities such as lightness in weight and for performing work on the go.
Key impacting factors of the hybrid devices are high demand for devices with longer battery life, increasing acceptance of hybrid devices for enterprise mobility, and use of touchscreen technology. These factors have significantly contributed toward growth of the hybrid devices market, and are anticipated to impact the market growth during the forecast period.
The world hybrid devices market is segmented on the basis of type, screen size, end user, and geography. Hybrid devices, by type, are sub segmented into convertible devices and detachable devices. In convertible hybrid devices, the keyboard can be rotated, slid, or folded behind or within a chassis. Detachable hybrid devices are those with detachable keyboards that function as a lightweight tablet device. Based on screen size, the market is divided into three categories: less than 12 inches, 12-15 inches, and greater than 15 inches. Further, the market is segmented based on end users into personal use, IT and Telecom, educational institutions, healthcare, and others. Moreover, the market is geographically segmented under the regions: North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the market are: ASUSTeK Computer Inc., Lenovo, HP Development Company, L.P., Microsoft, Dell Inc., Toshiba Corporation, Samsung Corporation, Acer Inc., Fujitsu Ltd, and LG Corporation.
Key impacting factors of the hybrid devices are high demand for devices with longer battery life, increasing acceptance of hybrid devices for enterprise mobility, and use of touchscreen technology. These factors have significantly contributed toward growth of the hybrid devices market, and are anticipated to impact the market growth during the forecast period.
The world hybrid devices market is segmented on the basis of type, screen size, end user, and geography. Hybrid devices, by type, are sub segmented into convertible devices and detachable devices. In convertible hybrid devices, the keyboard can be rotated, slid, or folded behind or within a chassis. Detachable hybrid devices are those with detachable keyboards that function as a lightweight tablet device. Based on screen size, the market is divided into three categories: less than 12 inches, 12-15 inches, and greater than 15 inches. Further, the market is segmented based on end users into personal use, IT and Telecom, educational institutions, healthcare, and others. Moreover, the market is geographically segmented under the regions: North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the market are: ASUSTeK Computer Inc., Lenovo, HP Development Company, L.P., Microsoft, Dell Inc., Toshiba Corporation, Samsung Corporation, Acer Inc., Fujitsu Ltd, and LG Corporation.
Key Benefits For Stakeholders
- The study provides an in-depth analysis of the hybrid devices market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of hybrid devices market for the period 2020-2030 is provided to determine the market potential.
Key Market Segments
By Type
- Detachable
- Convertible
By Screen Size
- Less Than 12 Inches
- 12-15 Inches
- Greater than 15 Inches
By End User
- IT and Telecom
- Personal Use
- Educational Institutions
- Healthcare
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Ltd.
- Fujitsu Limited
- LG Corporation
- ASUSTeK Computer Inc.
- Lenovo
- HP Development Company
- L.P.
- Microsoft Corporation
- Dell Inc.
- Toshiba Corporation
- Samsung Electronics Co.
- Acer Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: HYBRID DEVICES MARKET, BY TYPE
CHAPTER 5: HYBRID DEVICES MARKET, BY SCREEN SIZE
CHAPTER 6: HYBRID DEVICES MARKET, BY END USER
CHAPTER 7: HYBRID DEVICES MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report titled, 'Hybrid Devices Market,' the hybrid devices market was valued at $30.06 billion in 2020, and is estimated to reach $151.88 billion by 2030, growing at a CAGR of 17.6% from 2021 to 2030.The global hybrid devices market is influenced by a number of factors such as bigger screens and faster speed than tablets, increasing acceptance of hybrid devices for enterprise mobility, and use of wireless display (widi) technology. However, higher price compared with other computing devices and heavy weight restrain the market growth.
In 2021, on the basis of type, the detachable hybrid devices segment dominated the hybrid devices market, and is expected to maintain its dominance in the upcoming years. In the current scenario, detachable hybrid devices are being manufactured with detachable hinges, adjustable stands, and a design best-suited for higher productivity and portability. Currently, Lenovo, leading provider of PCs globally, devised a new technology trend in detachable devices. The Lenovo Yoga Tab 3 Pro has a hinge with a central hole for hanging the device on a wall. Moreover, it also has a tilt mode for easier typing and for projecting the device through its built-in projector. For instance, in February 2022, Microsoft, launches Surface Laptop Studio and Surface Pro 8 for organizations across industries in Qatar. Through this launch it intends to protect productivity, promote innovation, and prioritize accessibility, while ensuring safety and security of all users.
On the basis end-user, the IT and telecom segment dominated the hybrid market in 2020, and is expected to maintain its dominance in the upcoming years. This is because a number of IT & telecom organizations use hybrid devices, owing to the functionalities such as longer battery life, responsiveness, and remote manageability to empower the government workers. However, the personal use segment is expected to witness the highest growth rate during the hybrid devices market forecast period, as to explore the fully featured laptop with the ease of a tablet for viewing various information.
The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. The IT sector has flourished as the individuals are shifting towards the digital solutions. Moreover, the escalating demand for effective, user-friendly, agile, and scalable computing solutions and improved business mobility is creating a positive outlook for the market during pandemic. The rising adoption of the work-from-home model has led to the emerging need for computing devices for browsing, examining, and presenting files and data across organizations, which is contributing to the market growth.
Key findings of the Study
- On the basis of type, in 2021, the detachable hybrid devices segment dominated the hybrid devices market size. However, the convertible hybrid segment is expected to exhibit significant growth during the forecast period.
- Depending on end user, the IT and telecom segment generated the highest revenue in 2021 of hybrid devices market share.
- On the basis of screen size, the 12-15 inches segment generated the highest revenue in 2021. However, the less than 12 inches segment is expected to exhibit significant growth during the forecast period
- On the basis of region, the hybrid devices industry was dominated by North America in 2021. However, Asia-Pacific is expected to witness significant growth in the upcoming years.
- Some of the key hybrid devices industry players profiled in the report include ASUSTeK Computer Inc., Lenovo, HP Development Company, L.P., Microsoft, Dell Inc., Toshiba Corporation, Samsung Corporation, Acer Inc., Fujitsu Ltd, and LG Corporation. This study includes hybrid devices market share, trends, hybrid devices market analysis, and future estimations to determine the imminent investment pockets.
Companies Mentioned
- Ltd.
- Fujitsu Limited
- LG Corporation
- ASUSTeK Computer Inc.
- Lenovo
- HP Development Company L.P.
- Microsoft Corporation
- Dell Inc.
- Toshiba Corporation
- Samsung Electronics Co.
- Acer Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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