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Global Mobile Phone Accessories Market Size, Demand & Opportunity Analysis By Type (earphones, headphones, stand, battery charger, cases, covers)

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Research Nester has recently announced new market demand assessment research titled “Global Mobile Accessories Market – Global Demand Analysis & Opportunity Outlook 2023. The market study provides a granular data and in-depth analysis on the current and future market situations that are crucial for the existing & new players in the market. The industry research is based on key factors like demand & supply analysis, commercial activities, research investments, pricing analysis, government initiatives & guidelines, driving forces in the market, roadblocks and segmentation based on the product viability.

Mobiles have become a vital device as well as crucial electronic gadget in maintaining the rapid and digital lifestyles. In 2013, the smartphone shipments moved up 40%; crossed 1 billion shipment units of worth USD 226 billion in value. Following the smartphones burgeoned market, the mobile phone accessories has showcased significant demand over the past few years due to technological advancements and innovation, change in lifestyle along-with the requirement for effective maintenance of mobile phones.

The Global mobile phone accessories market stood at around USD 57,000 Million in 2014, which is anticipated to grow at a CAGR of 7.6% during the forecasted period from 2015-2020. Strong desire among cell phone users to increase smartphones functionality, style statement, fashion, LAM (Look AT Me) factor in young generation along-with significant trend towards personalization of mobile devices related to appearances, are likely to foster the growth of this industry in future.

Segmentation Analysis:

The global aftermarket mobile phone accessories market is segmented on the basis of product type which includes power banks, USB accessories, protective cases, screen guards, mobile batteries, portable speakers, chargers, headphone/Earphone, and others.  For instance, the protective cases segment captured a share of around 22% in the overall global mobile phone accessories market in 2014. In the next few years, the power bank segment is expected to drive the market across the globe and is projected to grow at a CAGR of around 10% during the forecast period.

The Global mobile phone accessories market stood at around USD 57,000 Million in 2014, which is anticipated to grow at a CAGR of 7.6% during the forecasted period from 2015-2020. Strong desire among cell phone users to increase smartphones functionality, style statement, fashion, LAM (Look AT Me) factor in young generation along-with significant trend towards personalization of mobile devices related to appearances, are likely to foster the growth of this industry in future.

Regional Analysis and Outlook to 2020:

Geographically, the global mobile phone accessories market is segmented into North America (U.S. and Canada), Latin America (Argentina, Brazil, Mexico and others), Europe (Germany, France, Italy, Spain, U.K., Benelux, Russia, Poland and others), Asia (China, Japan, India, Indonesia, South Korea and others) and Middle East (GCC countries) and Africa (North and South Africa).

Asia attained largest market share of around 40% in the global mobile phone accessories market in 2014, followed by North America and Europe. In the next six years till 2020, Middle East and Africa mobile phone accessories market is expected to grow rapidly, registering a CAGR of 7.7% during 2015-2020.

Key Vendors:

Some of the major players identified across the value chain of global mobile phone accessories market include Beats (now Apple Inc.), Sennheiser, Plantronics, Skullcandy, Sony, JVC Corporation, Otterbox, Pelican technology, Samsung, HTC, Bose Corporation, SanDisk corporation, iLuv Creative Technology, Motorola Mobility, and others. New product development, geographical expansion as well as merger and acquisition are some of the key strategies which the mobile phone accessories manufacturers have adopted over the past few years. In the years to come, innovation and new product development will boost the growth of this industry.

Furthermore, as the parent market i.e. global smartphone market and shipments are expected to gain traction in the near future, the smartphone mobile accessories will follow the trend, engaging many new players in the industry in production and development.

Our research report on mobile accessories studies the in-depth and thoughtful insights and is validated in qualitative and quantitative terms drawn from projections and figures with in-line set of assumptions and related methodologies.  The research report further provides information segregated on the basis of geography, products and market types.

To know more on coverage, click on the link below:-

http://www.researchnester.com/reports/global-mobile-phone-accessories-market-analysis-opportunity-outlook-2021/75

Contact Us:
Ajay Daniel
Email: ajay.daniel@researchnester.com
Phone : U.S. +1 646 586 9123, Canada +1 437 889 3230
U.K. +44 203 608 5919

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