Market Overview:
The global hybrid device market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hybrid devices from various end-use industries, such as retail, personal use, healthcare industry, telecom and IT industry, educational institutions and banking. Additionally, the growing trend of BYOD (Bring Your Own Device) is also contributing significantly to the growth of this market. North America dominates the global hybrid device market due to high adoption rate of advanced technologies in this region.
Product Definition:
A Hybrid Device is a physical device that can be used in more than one way. For example, a laptop can be used as a computer or as a tablet.
Detachable Hybrid Device:
A detachable hybrid device (DHD) is a combination of a smartphone and tablet into one single unit. The DHD offers benefits such as the ability to use either device alone or both devices together, depending on user preference. It also helps in reducing the number of devices carried by an individual which thereby reduces the chances of being stolen or lost.
The global DHD market was valued at USD 2,349 million in 2015.
Convertible Hybrid Device:
Convertible hybrid device (CHD) is a combination of two technologies, typically a smartphone and tablet. It can be used as both smartphone and tablet due to the presence of an adaptable or convertible design that allows it to change its form factor. The hybrid functionality is enabled by CHDs through the use of various input/output devices including docks, cases or skins, special gloves etc., which are connected through Bluetooth or Wi-Fi Direct.
Application Insights:
The global hybrid device market is segmented by application into retail industry, personal use, healthcare industry, telecom and IT industry, educational institutions and banking government transportation. The healthcare segment dominated the overall market in 2017 owing to increasing demand for tablets and smartphones in the medical sector. Furthermore, rising demand for wearable devices such as smartwatches is expected to drive the growth of this application over the forecast period.
Hybrid devices are primarily used in two applications- Retail Industry & Personal Use which includes both mobile phones & computers or laptops/notebooks that can be used either at work or at home respectively.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising disposable income, increasing adoption of smartphones, and presence of a large number of global players in countries such as China and India. These factors are also projected to contribute toward increased demand for detachable hybrid devices over the forecast period.
North America is anticipated to witness significant growth from 2018 to 2030 owing to high demand for tablets with higher processing power along with improved display resolution compared other existing tablets available in the market. Moreover, growing use of these devices by healthcare professionals will drive product sales further. For instance, according North American Medical Association (ANA), it was reported that around 25% physicians across U.S.
Growth Factors:
- Proliferation of Hybrid Devices: The global hybrid device market is expected to grow at a CAGR of over 15% during the forecast period. This can be attributed to the increasing demand for hybrid devices from various end-use industries, such as automotive, healthcare, and consumer electronics.
- Rising Adoption of Hybrid Devices in Emerging Economies: The hybrid device market is witnessing high growth rates in emerging economies due to the increasing adoption of these devices in various industrial applications. Additionally, the growing demand for advanced technologies and rising disposable incomes are also contributing to the growth of this market in these regions.
- Increasing Demand for Portable Devices: One of the key factors driving the growth of the global hybrid device market is the increasing demand for portable devices across different end-use industries. This can be attributed to their low power consumption and small form factor that makes them ideal for use in portable applications such as medical diagnostics and point-of-sale terminals.
- . Technological Advancements: Another major factor propellingthegrowthoftheglobalhybriddevicemarketisthe rapid technological advancements taking placein this domainandthe consequent introductionofnewerandmoreadvancedmodelsintothemarketplaceeveryyear .This has resultedin an increaseinthedemandforhybriddevicesfromvariousend usersincludingindustrialmanufacturingunitsandsmallbusinesses . 5.. Growing Environmental Concerns: A fifth driverforgrowthintheglobalhybriddevice
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid Device Market Research Report
By Type
Detachable Hybrid Device, Convertible Hybrid Device
By Application
Retail Industry, Personal use, Healthcare Industry, Telecom and IT Industry, Educational Institutions, Banking, Government, Transportation
By Companies
Microsoft, Lenovo, ASUS, Samsung, Hewlett-Packard, Acer, Dell, Toshiba, Fujitsu, LG, Microsoft
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid Device Market Report Segments:
The global Hybrid Device market is segmented on the basis of:
Types
Detachable Hybrid Device, Convertible Hybrid Device
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Industry, Personal use, Healthcare Industry, Telecom and IT Industry, Educational Institutions, Banking, Government, Transportation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microsoft
- Lenovo
- ASUS
- Samsung
- Hewlett-Packard
- Acer
- Dell
- Toshiba
- Fujitsu
- LG
- Microsoft
Highlights of The Hybrid Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Detachable Hybrid Device
- Convertible Hybrid Device
- By Application:
- Retail Industry
- Personal use
- Healthcare Industry
- Telecom and IT Industry
- Educational Institutions
- Banking
- Government
- Transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hybrid Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hybrid device is a combination of two or more devices that work together to create a new product.
Some of the major companies in the hybrid device market are Microsoft, Lenovo, ASUS, Samsung, Hewlett-Packard, Acer, Dell, Toshiba, Fujitsu, LG, Microsoft.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hybrid Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Hybrid Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hybrid Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Hybrid Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Hybrid Device Market Size & Forecast, 2020-2028 4.5.1 Hybrid Device Market Size and Y-o-Y Growth 4.5.2 Hybrid Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Detachable Hybrid Device
5.2.2 Convertible Hybrid Device
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail Industry
6.2.2 Personal use
6.2.3 Healthcare Industry
6.2.4 Telecom and IT Industry
6.2.5 Educational Institutions
6.2.6 Banking
6.2.7 Government
6.2.8 Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hybrid Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hybrid Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Detachable Hybrid Device
9.6.2 Convertible Hybrid Device
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail Industry
9.10.2 Personal use
9.10.3 Healthcare Industry
9.10.4 Telecom and IT Industry
9.10.5 Educational Institutions
9.10.6 Banking
9.10.7 Government
9.10.8 Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Detachable Hybrid Device
10.6.2 Convertible Hybrid Device
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail Industry
10.10.2 Personal use
10.10.3 Healthcare Industry
10.10.4 Telecom and IT Industry
10.10.5 Educational Institutions
10.10.6 Banking
10.10.7 Government
10.10.8 Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Detachable Hybrid Device
11.6.2 Convertible Hybrid Device
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail Industry
11.10.2 Personal use
11.10.3 Healthcare Industry
11.10.4 Telecom and IT Industry
11.10.5 Educational Institutions
11.10.6 Banking
11.10.7 Government
11.10.8 Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Detachable Hybrid Device
12.6.2 Convertible Hybrid Device
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail Industry
12.10.2 Personal use
12.10.3 Healthcare Industry
12.10.4 Telecom and IT Industry
12.10.5 Educational Institutions
12.10.6 Banking
12.10.7 Government
12.10.8 Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Detachable Hybrid Device
13.6.2 Convertible Hybrid Device
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail Industry
13.10.2 Personal use
13.10.3 Healthcare Industry
13.10.4 Telecom and IT Industry
13.10.5 Educational Institutions
13.10.6 Banking
13.10.7 Government
13.10.8 Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hybrid Device Market: Competitive Dashboard
14.2 Global Hybrid Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Lenovo
14.3.3 ASUS
14.3.4 Samsung
14.3.5 Hewlett-Packard
14.3.6 Acer
14.3.7 Dell
14.3.8 Toshiba
14.3.9 Fujitsu
14.3.10 LG
14.3.11 Microsoft