Hybrid Devices Market CAGR of 25.6% Forecast to 2027 – COVID-19 Impact and Global Analysis by Product Type, Indication, End User, and Geography

Earlier, desktops and laptops were given utmost importance owing to the presentation of information and other generic features such as accuracy, efficiency, and productivity. However, technological developments in functionalities and mobility of computers have led to the end users switching from traditional to hybrid devices. In 2013, several Original Equipment Manufacturers (OEMs) introduced 2-in-1 devices, also known as hybrids, swivels, or laplets that could be used both as a personal computer (PC) and a tablet.

Hybrid devices are preferred over other devices majorly due to their functionalities such as lightweight nature and ease of use. The world hybrid devices market is projected to generate $30.92 billion from 2014 to 2022 registering a CAGR of 25.6% during the assessment period. Laptop tablet, hybrid models are creating greater opportunities for the industry worldwide.

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The world hybrid devices market is segmented on the basis of type, screen size, end user, and geography. Based on type, the market is 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 lightweight tablet devices.

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 which are sub segmented into personal use, IT & Telecom, and others (retail, healthcare, educational institutions, and government). Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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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.

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This study presents an analysis of the world hybrid devices market with current and future trends and market share to determine the investment pockets in the market.
The report determines the overall attractiveness and profitable trends of the market.
The report throws light on information regarding key drivers, restraints, and opportunities with impact analysis.
The report quantitatively analyzes current market and presents a forecast for the years 2014-2022, which highlights the financial appetency of the market.
Porter’s five forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.

According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.

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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).

HYBRID DEVICES MARKET SEGMENTATION

The market is segmented on the basis of type, screen size, end user and geography as follows:

BY TYPE

Convertible hybrid devices
Detachable hybrid devices

BY SCREEN SIZE

Less than 12 inches
12 inches to 15 inches
Greater than 15 inches

BY END USER

Personal use
IT & Telecom
Others (Retail, Healthcare, Educational Institutions and Government)

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BY GEOGRAPHY

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa

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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.

During the forecast period, the report analyzes the growth rate, market size, and market valuation.

The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.

The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

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