Hybrid Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Hybrid Device Trends and Forecast

The future of the global hybrid device market looks promising with opportunities in the retail, personal use, healthcare, telecom and IT, educational, and institution markets. The global hybrid device market is expected to reach an estimated $121.8 billion by 2030 with a CAGR of 19.2% from 2024 to 2030. The major drivers for this market are growing consumer interest in devices that offer extended battery life and robust battery performance, advancements in emerging technologies, such as, evolution of machine learning algorithms and refinement of natural language processing techniques, and rising consumer demand for detachable devices.

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Hybrid Device by Segment

The study includes a forecast for the global hybrid device by type, screen size, end use industry, and region.

Hybrid Device Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Detachable
• Convertible

Hybrid Device Market by Screen Size [Shipment Analysis by Value from 2018 to 2030]:

• Less than 12 Inch (<12")
• 12 Inch to 15 Inch (12"-15")
• Greater than 15 Inch (>15")

Hybrid Device Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Personal Use
• Healthcare
• Telecom And It
• Educational
• Institutions
• Others

Hybrid Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hybrid Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hybrid device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hybrid device companies profiled in this report include-

• Acer
• ASUS
• Dell
• Fujitsu Limited
• HP Development Company
• Lenovo
• LG Corporation
• Microsoft Corporation
• Samsung Electronics
• Toshiba Corporation

Hybrid Device Market Insights

Lucintel forecasts that detachable device will remain the largest segment over the forecast period because it features screen that can be separated from the keyboard, converting it into a standalone tablet, as well as the devices are prized for their adaptability and ease of use.

Within this market, personal use will remain the highest growing segment over the forecast period because it encompasses individual consumers seeking hybrid devices for their personal needs, as well as, these users are often in search of a device that seamlessly combines the productivity of a laptop with the convenience of a tablet for individual needs.

North America will remain the largest region over the forecast period due to rising demand for technology products and a tech-savvy population, as well as, established market players, whose presence in conjunction with the high consumer demand drives technological advancements in this region.

Features of the Global Hybrid Device Market

Market Size Estimates: Hybrid device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hybrid device market size by type, screen size, end use industry, and region in terms of value ($B).

Regional Analysis: Hybrid device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, screen sizes, end use industries, and regions for the hybrid device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hybrid device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the hybrid device market size?

Answer: The global hybrid device market is expected to reach an estimated $121.8 billion by 2030.

Q.2 What is the growth forecast for hybrid device market?

Answer: The global hybrid device market is expected to grow with a CAGR of 19.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the hybrid device market?

Answer: The major drivers for this market are growing consumer interest in devices that offer extended battery life and robust battery performance, advancements in emerging technologies, such as, evolution of machine learning algorithms and refinement of natural language processing techniques, and rising consumer demand for detachable devices.

Q4. What are the major segments for hybrid device market?

Answer: The future of the hybrid device market looks promising with opportunities in the retail, personal use, healthcare, telecom and IT, educational, and institution markets.

Q5. Who are the key hybrid device market companies?

Answer: Some of the key hybrid device companies are as follows:

• Acer
• ASUS
• Dell
• Fujitsu Limited
• HP Development Company
• Lenovo
• LG Corporation
• Microsoft Corporation
• Samsung Electronics
• Toshiba Corporation

Q6. Which hybrid device market segment will be the largest in future?

Answer: Lucintel forecasts that detachable device will remain the largest segment over the forecast period because it features screen that can be separated from the keyboard, converting it into a standalone tablet, as well as the devices are prized for their adaptability and ease of use.

Q7. In hybrid device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising demand for technology products and a tech-savvy population, as well as, established market players, whose presence in conjunction with the high consumer demand drives technological advancements in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hybrid device market by type (detachable and convertible), screen size (less than 12 inch (<12"), 12 inch to 15 inch (12"-15"), and greater than 15 inch (>15")), end use industry (retail, personal use, healthcare, telecom and IT, educational, institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?