Increase in use of smart animated phones, surge in usage of smart wireless accessories, high-end technological advancements of OTGs & wireless attachment, maturation in gaming accessories are the major.
Mobile Phone Accessories Market: Companies Offerings and End-User Segments Forecasted till 2026
Increase in use of smart walking phones, surge in usage of smart wireless accessories, high-end technological advancements of OTGs & wireless attachment, maturation in gaming accessories are the major factors propelling the swelling of the prevalent motile phone accessories market. On the fresh hand, expand in penetration of counterfeit products curtail down the knob to some spread Nevertheless, technological advancements in imaging and photographic accessories are expected to flag the manner for lucrative opportunities for the solution players in the industry
Allied Market Research admitted a report, titled, “Mobile Phone Accessories Market by Product Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Protective Case, Power Bank, Battery Case, and Others), Distribution Channel (Online and Offline), and Price Range (Premium, Mid, and Low): Global Opportunity Analysis and Industry Forecast, 20192026.” According to the report, the globalmobile phone accessories industrygarnered $224.68 billion in 2018, and is estimated to range $284.05 billion by 2026, witnessing a CAGR of 3.1% during the forecast period, 20192026.
The headphone bit to cause the haul till 2026-
Based on product type, the headphone morsel contributed to nearly one-fourth of the wholesale animated phone accessories sell revenue in 2018 and is predicted to direction the rest by 2026. Rise in demand for wireless headphones and earphones has driven the growth. At the duplicate time, the attack situation morsel would brochure the fastest CAGR of 7.2% during the forecast name The advancement of wireless charging technologies in smartphones has led to the swelling of the segment.
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The offline grain to dominate during the estimated period-
Based on distribution channel, the offline grain held the largest portion in 2018, garnering nearly three-fourths of the rampant motile phone accessories doorstep This is due to online sales machinery is the easiest practice to buy motile phone accessories. The online segment, on the supplementary hand, would cite the fastest CAGR of 5.4% throughout the estimated name The detail that Samsung, Sony, LG Electronics, and Apple Inc obtain setup a string of specialty stores to provide motile accessories such as chargers, headsets, and selfie sticks among others has fueled the growth
Asia Pacific, followed byNorth America, to remain lucrative in terms of revenue-
Based on geography, the Asia Pacific region, followed by North America, accounted for almost half of the widespread ambulatory phone accessories market allocation in 2018 and is expected to indenture its dominance during the forecast period. Increase in use of firmness banks in the girth hassupplemented the nodule The equivalent sash is further projected to index the fastest CAGR of 4.4% by the hindmost of 2026. The news further analyzes the regions includingEuropeand LAMEA
Leading players in the market-
- Sennheiser Electronic GmbH & Co KG
- Apple Inc.
- JVC Kenwood Corporation
- Panasonic Corporation
- Samsung Electronics Co., Ltd
- Bose Corporation, BYD Co Ltd
- Plantronics, Inc.
- Sony Corporation
- Energizer Holdings, Inc
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