Docking stations are devices that allow you to connect multiple peripherals and devices to your laptop or computer with a single cable. They typically provide additional USB ports, HDMI or VGA ports for external displays, Ethernet ports for wired internet connectivity, and audio jacks for speakers or headphones. Docking stations can be especially useful for those who frequently use their laptops in a desktop-like environment, such as at a workstation or home office, allowing for a more streamlined and organized setup.