Report Scope & Overview:
Hybrid Devices Market size was valued at USD 36.95 Bn in 2022 and is expected to reach USD 127.90 Bn by 2030, and grow at a CAGR of 16.79% over the forecast period 2023-2030.
A hybrid device is a gadget or computer that can function as a standalone tablet or laptop. The adaptable and distinctive design is offered to deliver tablet-style ease as well as a PC operating system and laptop-style functions. These hybrid devices are also known as 2-in-1 or convertible laptops, and they are more powerful than tablets and have more portable capabilities than traditional laptops. Furthermore, a traditional operating system and normal laptop-level CPU make a typical hybrid device better for multitasking than a regular tablet, making them excellent for office/home usage with tablet-like characteristics.
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In 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. Furthermore, hybrid devices are intended to augment or expand tablet capabilities through the usage of keyboards in order to fulfill consumer business and media consumption demands.
MARKET DYNAMICS:
KEY DRIVERS:
There is a high demand for devices with longer battery life.
Increasing the usage of touchscreen navigation.
RESTRAINTS:
Hybrid gadgets have a high price tag.
The weight of devices is likely to hinder the growth of the worldwide hybrid devices market.
OPPORTUNITY:
Using wireless display technology, hybrids are beaming to televisions.
Moving from Windows to Android as an operating system.
IMPACT OF COVID-19:
The current prognosis for 2030 is higher than pre-COVID-19 projections. As people increasingly choose digital solutions, the IT sector has thrived. Furthermore, the increasing need for effective, user-friendly, agile, and scalable computing solutions, as well as greater corporate mobility, is producing a favorable market picture throughout the pandemic. The growing popularity of the work-from-home paradigm has resulted in an increased need for computer devices for accessing, studying, and presenting files and data across enterprises, which is fueling market expansion.
MARKET ESTIMATION:
The global Hybrid Devices Market is divided into two types: detachable and convertible. Furthermore, it is estimated that the detachable hybrid devices segment dominated the global hybrid devices market and is expected to maintain its lead during the forecast period due to the availability of detachable hybrid devices with adjustable stands, detachable hinges, and innovative designs for greater portability and productivity. Furthermore, the convertible hybrid sector is expected to increase at an impressive rate during the projected period. A detachable hybrid device is a completely functioning tablet that is coupled to a docking device to give the user a fully functional keyboard. When the keyboard is attached to the tablet, the integrated machine transforms into a laptop and offers all of the functions of a regular laptop. Convertible laptops, on the other hand, are laptops that can swivel their keyboard 360 degrees and transform into a tablet. Convertible laptops are also unpopular among consumers due to the weight and size imposed by the folded keyboard.
The global Hybrid Devices Market is divided into three sections based on screen size: less than 12 inches, 12-15 inches, and greater than 15 inches. As the largest selling category in the market, the 12-15 Inches segment led the market and is likely to retain its dominance during the forecast period, as industry participants are focusing on the development of new and effective design of 12-15 Inches hybrid devices. However, smaller than 12 Inches devices are expected to rise at a rapid pace due to increased demand for tiny size devices for the effective carrying of these devices.
The worldwide Hybrid Devices Market is segmented by End Users into IT And Telecom, Personal Use, Educational Institutions, Healthcare, and Others. IT and telecom is the largest revenue contributor to the worldwide market and is likely to remain so during the projection period due to the rising demand for and adoption of high computing hybrid devices. Furthermore, enterprises in the IT and telecommunications industries utilise hybrid devices because of features like as responsiveness, longer battery life, touchpad, and others. However, the personal use category is expected to increase at a rapid pace throughout the projection period, since hybrid devices combine the functionality of a laptop with the portability of a tablet for accessing diverse information.
KEY MARKET SEGMENTATION:
On The Basis of Type
Detachable
Convertible
On The Basis of Screen Size
Less Than 12 Inches
12-15 Inches
Greater than 15 Inches
On The Basis of End User
IT and Telecom
Personal Use
Educational Institutions
Healthcare
Others
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REGIONAL ANALYSIS:
North America accounts for the lion's share of the Hybrid Devices Market, owing to the region's considerable use of hybrid devices for commercial applications and expanding acceptance in corporate enterprises. Furthermore, North America has a well-developed infrastructure and individuals with higher purchasing power. Furthermore, the premium and ultra-premium hybrid device ranges have enormous promise in the region. Furthermore, Asia-Pacific is predicted to rise at a rapid pace throughout the forecast period due to the increased deployment of hybrid devices and an increase in the number of internet users. Furthermore, countries such as India and Japan are expected to grow at a rapid pace, as the adoption of hybrid devices provides an effective and efficient way to explore access information, which can be considered a great feature for applications in business organizations and educational institutions.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
The major key players are Fujitsu Limited, LG Corporation, ASUSTeK Computer Inc., Lenovo, HP Development Company, Microsoft Corporation, Dell Inc., Toshiba Corporation, Samsung Electronics Co., Acer Inc & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 36.95 Billion |
| Market Size by 2030 | US$ 127.90 Billion |
| CAGR | CAGR of 16.79% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Type (Detachable and Convertible) • by Screen Size (Less Than 12 Inches, 12-15 Inches, and Greater than 15 Inches) • by End User (IT and Telecom, Personal Use, Educational Institutions, Healthcare, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Fujitsu Limited, LG Corporation, ASUSTeK Computer Inc., Lenovo, HP Development Company, Microsoft Corporation, Dell Inc., Toshiba Corporation, Samsung Electronics Co., Acer Inc. |
| Key Drivers | • There is a high demand for devices with longer battery life. • Increasing the usage of touchscreen navigation. |
| RESTRAINTS | • Hybrid gadgets have a high price tag. • The weight of devices is likely to hinder the growth of the worldwide hybrid devices market. |
Ans: - The Hybrid Devices Market size was valued at USD 36.95 Bn in 2022.
Ans: - There is a high demand for devices with longer battery life and increasing the usage of touchscreen navigation.
Ans: - North America accounts for the largest share of the Hybrid Devices Market.
Ans: - The major key players are Fujitsu Limited, LG Corporation, ASUSTeK Computer Inc., Lenovo, HP Development Company, Microsoft Corporation, Dell Inc., Toshiba Corporation, Samsung Electronics Co., Acer Inc.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Hybrid Devices Market Segmentation, by Type
8.1 Detachable
8.2 Convertible
9. Hybrid Devices Market Segmentation, by Screen Size
9.1 Less Than 12 Inches
9.2 12-15inches
9.3 Greater than 15 Inches
10. Hybrid Devices Market Segmentation, by End User
10.1 IT and Telecom
10.2 Personal Use
10.3 Educational Institutions
10.4 Healthcare
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Fujitsu Limited
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 LG Corporation
12.3 ASUSTeK Computer Inc.
12.4 Lenovo
12.5 HP Development Company
12.6 Microsoft Corporation
12.7 Dell Inc.
12.8 Toshiba Corporation
12.9 Samsung Electronics Co.
12.10 Acer Inc.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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