Global Mobile Phone Accessories Market was valued US$ 70.80 Bn in 2017 and is expected to reach US$ 110.90 Bn by 2026, at a CAGR of 5.81 % during a forecast period. Global mobile accessories market is segmented into product type, Distribution Channel and Price Range. The Product type includes headphone/earphone, protective cases, power bank, battery, memory card, portable speakers among others. Distribution Channel is divided online, offline among others. Price Range is categorised into Premium, Medium, and Low. By region, the Global mobile phone accessories market is spread by Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. The growing adoption of advanced network technologies such as 3G and 4G offers high-speed internet browsing and data transfer.
The high-speed network technologies upsurge usage of mobile applications such as video calls, video streaming, and many other real-time operational features. The growing adoption of Internet of Things devices is expected to propel growth of the global digital accessories market. Consumer preference over mobile accessories and Security issues in online shopping are some of the restraining factor in mobile accessories market.
Headphones type segment is estimated to dominate the Global mobile phone accessories market owing to the consolidation economic condition and government enterprises to boost and support digital infrastructure, which supplementary influences the mobile phone permeation across the market. Asia Pacific is expected to dominant position during the forecast period in the global mobile phone accessories market. The growth can be attributed to growing use of smartphones for social networking especially in developing economies such as India and China.
The number of smartphone users in India in 2016 was 165 million and it enlarged to 195 million in 2017.Asia-Pacific is highest revenue contributor to the global mobile phone accessories market nearly about 45.50% share. Rapid technological advancements and upsurge in the adoption of smartphones, Increasing mobile phone users and internet based activities such as online shopping in this region are subsidising in the growth of Mobile Accessories market.
Some of the major key players in the Global mobile phone accessories market includes Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation , Apple Inc., JVC Kenwood Corp., Plantronics, Inc., Bose Corporation , Griffin Technology , Otter Products, LLC and Sennheiser Electronics GmbH & Co. KG.
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Scope of the report for Global Mobile Phone Accessories Market
Global Mobile Phone Accessories Market, By Product type
• Battery
• Portable speaker
• Charger
• Memory card
• Power bank
• Battery case
• Headphone/earphone
• Protective case
• Others
Global Mobile Phone Accessories Market, By Distribution Channel
• Online
• Offline
Global Mobile Phone Accessories Market, By Price range
• Premium
• Mid
• Low
Global Mobile Phone Accessories Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players in Global Mobile Phone Accessories Market
• Samsung Electronics Co., Ltd.
• Sony Corporation
• Panasonic Corporation
• Apple, Inc.
• JVC Kenwood Corporation
• Plantronics, Inc.
• Bose Corporation
• Griffin Technology
• Otter Products, LLC
• Sennheiser Electronics GmbH & Co. KG
• Belkin International, Inc.
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