Market Research Future published a research report on “Mobile Accessories Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Pune, India - February 7, 2019 /MarketersMedia/ —

Market Insights:

The large-scale penetration of mobile phones has boosted the sales of mobile accessories in the recent times. The increased product offerings in the mobile accessories market are set to accelerate demand generation over the next few years. Market Research Future (MRFR) has revealed in its latest report that the global mobile accessories market is set to proliferate at 6% CAGR during the forecast period 2016 to 2022. The report also prognosticates that the market valuation will reach USD 104 Bn by the end of 2022.

Product innovation has been the key driver of demand in recent times and is likely to continue generating demand across the assessment period. The expansion of product line for enhancing the user experience with earphones, turbochargers, power banks, etc. will accelerate the market growth over the next few years. Furthermore, the products being made available in the Mobile Accessories Market for safeguarding the expensive smartphones will encourage the market expansion.

The dependence on mobile phones coupled with the adoption of digitalization will favor the market growth and expansion. Furthermore, the growth in e-commerce and e-banking industries are also expected to boost the growth of the mobile accessories market. The efficiency and convenience offered by the wireless mobile accessories such as Bluetooth headsets, and, wireless charger among others will catalyze the revenue generation of the market.

The factors responsible for hampering the global accessories market growth and expansion are user preference over mobile accessories and security issues in online shopping.

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Key Players

The prominent players in the market of Mobile Accessories are- Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Panasonic Corporation (Japan), Apple Inc. (U.S.), JVC Kenwood Corp. (Japan), Plantronics, Inc. (U.S.), Bose Corporation (U.S.), Griffin Technology (U.S.), Otter Products, LLC (U.S.), Sennheiser Electronics GmbH & Co. KG (Germany) among others.

Segments:

Global Mobile Accessories Market has been segmented on the Basis of Products, Distribution Channel and Price Range. The Product includes Headphone/earphone, Protective Cases, Power Bank, Portable Speakers among others. Distribution Channel are Online, Offline among Others. Price Range include Premium, Medium, and Low.

Mobile Accessories Global Market - Regional Analysis

India and China are some of the major demand generators for the mobile accessories market on the global scale. Increasing number of mobile phones in Asia Pacific region is one of the major region which helps the region to create huge demand for the mobile accessories products. Also, huge number of manufacturing companies in China, Taiwan and Japan is also helping the market of mobile accessories in Asia Pacific to hold the top position in the market. North America stood second highest market for mobile accessories due to high per capita income and presence countries such as of U.S and Canada in the region. U.S. being a technology leader creates huge demand for the products such as Bluetooth earphones and headphones, high capacity power banks and portable speakers. Europe is expected to be the third largest market for the mobile accessories. Presence of huge number of developed countries in Europe region and increasing number of smartphone users in the region is creating the demand for mobile accessories in Europe. Major demand from European countries for mobile accessories includes power banks, wireless connectivity enabled earphones and headphones and display protectors.

Industry News:

In February 2018, Bose, a pioneer in mobile accessories, has launched Soundsport Free earbuds in India.
In March 2018, Pica-Gear, a Honk Kong based photography service enterprise, has launched Snap-Grip, which is a modular handle for phones.
In July 2018, Samsung, a global leader in mobile phones and accessories, has launched its online store.
In July 2018, Samsung, headquartered in South Korea, has officially expanded its mobile accessories business to Dhaka.

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Intended Audience

• Accessories Manufacturers
• Smartphone Accessories Suppliers
• Phone case and display protector manufacturers
• E-commerce and Retail
• Portable battery manufacturers

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com

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