Over the years, desktops and laptops were given utmost importance, owing to presentation of information and other generic functions that they perform. However, technological developments in functionalities and mobility of computers have led to shift from traditional to hybrid devices among end users.

Hybrid devices associate 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 devices.

As per the Allied Market Research report, the global hybrid devices industry was pegged at $30.06 billion in 2020, and is expected to reach $151.88 billion by 2030, growing at a CAGR of 17.6% from 2021 to 2030.

Major determinants of the market growth

High demand for devices with longer battery life, use of touchscreen technology, and surge in acceptance of hybrid devices for enterprise mobility have boosted the growth of the global hybrid devices market. However, higher price compared to other computing devices and heavy weight hinder the market growth. On the contrary, use of wireless display technology and increase in acceptance of hybrid devices would open new opportunities in the future.

Covid-19 scenario:

• The Covid-19 pandemic positively affected the IT sector due to surge in demand for digital solution and increased adoption of work from home culture. Moreover, increased demand for computing devices for browsing, presenting files and data, and examining during the pandemic supplemented the market growth.
• However, the prolonged lockdown and ban on electronic devices from China created a supply demand gap and disrupted the supply chain.

The convertible segment to manifest the highest CAGR through 2030

By type, the convertible segment is estimated to portray the highest CAGR of 20.0% during the forecast period, as the hybrid devices come with detachable hinges, adjustable stands, and design best-suitable for higher productivity and portability. However, the detachable segment held the largest share in 2020, accounting for nearly three-fifths of the global hybrid devices market, due to rise in adoption of convertible devices by the end user.

The IT and Telecom segment dominated the market

By end user, the IT and Telecom segment held the largest share in 2020, contributing to nearly one-third of the global hybrid devices market., due to number of IT & telecom organizations use hybrid devices because of functionalities including longer battery life, remote manageability, and responsiveness to empower the government workers. However, the personal use segment is projected to manifest the highest CAGR of 19.9% during the forecast period, as to explore the fully featured laptop with east of tablet for viewing various information.

North America held the lion’s share

By region, the market across North America held the largest share in 2020, accounting for around two-fifths of the global hybrid devices industry., due to demand for higher productivity and enhanced multimedia in the devices. However, the market across Asia-Pacific is expected to register the highest CAGR of 19.8% during the forecast period, owing to higher purchasing power of North America.

Top impacting factors

High demand for devices with longer battery life

In the current scenario, while hybrid devices have more powerful processors, some devices employ atom quad-core processors. Atom quad-core processors instantly launch apps and widgets without exhausting the battery life of the device. Moreover, the best flip-screen hybrid gadgets have become unusually powerful, with the latest device in the market offering a battery life up to 8–12.5 hours per charge.

Rise in acceptance of hybrid devices for enterprise mobility

An enterprise mobility strategy is all about addressing the needs of employees and user groups. Hybrid devices provide exceptional features for business users such as effortless touch input for browsing, reviewing, presenting, and collaborating files and documents. Moreover, these devices portray longer battery life, faster wake times, built-in security features, and remote manageability that are ideal for enterprise mobility. In addition, many devices come with a stylus with pin-point precision. Hence, there is an increasing adoption of hybriddevices for enterprise mobility, owing to the productivity and flexibility level that they offer in a business environment.

Major market players