Global Mobile Phone Accessories Market: DescriptionMobile phone accessories are software or hardware components that are not integral to the operation of ambulatory phone. The increasing adoption of sma
Mobile Phone Accessories Market: Demand for power banks is expected to increase rapidly
Global Mobile Phone Accessories Market: Description
Mobile phone accessories are software or hardware components that are not integral to the operation of ambulatory phone. The increasing adoption of smartphones and additional handheld expressive devices has led to the rapid protuberance of the global walking phone accessories market An intensify in disposable income across regions such as Asia Pacific and a dip in the prices of smartphones retain fuelled the peddle for animated phones as well as for their accessories In emerging economies such as India, China, Brazil, and Indonesia, the sales of smartphones retain increased, thereby creating lesser demand for accessories that are usually not sold along with smartphones
Mobile phone accessories include chargers, batteries, headphones/earphones, portable speakers, memory cards, protective cases, and tightness banks. The demand for protective cases has been the prime and is expected to surge during the term between 2016 and 2024. The demand for chargers and headphone/earphones is also anticipated to significantly extend in the coming years. It has been observed that accessories such as chargers and headphone/earphones are usually supplied by original equipment manufacturers (OEMs) As modern-day smartphone batteries are unable to perceive enormous usage, the demand for power banks is expected to augment rapidly
The pandemic mobile phone accessories peddle operates through a numeral of distribution channels such as online stores, single-brand stores, and multi-brand stores. With the introduction of e-commerce, online stores are being preferred by consumers over single-brand and multi-brand stores As a result, brick-and-mortar distribution stores are projected to experience a engross in their revenue in the approaching future In terms of price, animated phone accessories posses been segmented into premium, mid-, and low-range cost categories. Consumers usually elevate mid-range-priced animated phone accessories
Global Mobile Phone Accessories Market: Overview
Mobile phone accessories complement the features, performance, and prolongation of motile handsets Technological innovations and the privation for the effective maintenance of mobile phones obtain propelled the swelling of the pandemic animated phone accessories tout The market is highly racy due to frequent product launches introducing new features The compatibility and interchangeability of expressive phone accessories contract consumers choose from a comprehensive area of product offerings. The incipient demand for mobile phone accessories and lofty interest margins of products has led many established players in the animated handset tout to throw their obtain accessories.
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The presence of a substantial digit of multinational as well as regional brands has boosted the lump of the wholesale animated phone accessories doorstep Compared to multinational brands, regional players in the hawk instance fewer mobile accessories to obtain their prices competitive As a result, the majority of customers buy mobile accessories from local stores or from online stores. In the coming years, the universal walking phone accessories peddle is expected to be dominated by local manufacturers due to their low moulding costs and competitive pricing
Global Mobile Phone Accessories Market: Region-wise Outlook
The extensive walking phone accessories sell has been segmented into four gloss regions: Europe, North America, Asia Pacific, and Rest of the World Asia Pacific dominates the overall doorstep owing to the increased adoption of smartphones in the region. North America is the second-largest vend for animated phone accessories, followed by Europe In the impending future, the ambulatory phone accessories vend in Rest of the World is expected to witness significant growth
Some of the notorious players in the extensive mobile phone accessories market are Energizer, BYD Inc, Samsung Electronics, Sony Corporation, Panasonic Corporation, Beats (Apple Inc), JVC Corporation, Otterbox, Sennheiser Electronics GmbH & Co KG, Plantronics Pty Ltd, Bose Corporation, and Griffin Technology. Key players are focusing on mergers and acquisitions, along with new product launches to enlarge their business