Mobile Accessories Market Analysis, Emerging Technology, Sales Revenue and Comprehensive Research Study Till 2027 | Impact of COVID-19

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Market Overview

Market Research Future (MRFR) reveals different promoting and restraining forces of the mobile accessories market 2020 across the analysis period. As per MRFR solutions, the rise of the mobile accessories market can be attributed to the rapid surge in the introduction of new fast charging technologies. The mobile accessories   market can expand at a high pace and garner high revenue through the study period. The availability of a wide range of mobile products can impel the mobile accessories market across the study period.

Mobile Accessories Market are undergoing a major demand amongst the consumers as there is a rise in the number of mobile users who are always up for modifications. During the forecast period of 2018-2025, the Mobile Accessories Market is expected to grow at a CAGR of 8.09%. With this rate, the Mobile Accessories Market is expecting a stupendous market valuation that stands at USD 6,780.86 million by the end of the forecast period in 2025.

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The presence of effective supply chain logistics solution and rise in e-commerce business can impel the expansion of the mobile accessories market in the years to come. The ease of product availability and convenient delivery of these products can impel the expansion of the mobile accessories market in the years to come. The pressing need to provide easily affordable products can drive the mobile accessories market. The increased demand for innovation in wealthy urban regions can support the rise of the mobile accessories market.

Market Segmentation:

  • On the basis of price range, the segments of the mobile accessories market are low, medium, and premium.
  • Based on product type, the mobile accessories market has been segmented into headphone, power banks, protective cases, portable speaker, and others.
  • On the basis of distribution channel, the mobile accessories market has been bifurcated into online and offline.

Regional Analysis:

The regional evaluation of the global mobile accessories market has been included in this report that covers the assessment of the following regional segments identified – North America, Europe, Asia-Pacific, and the Rest of the World (RoW). These regions are also studied on the basis of countries. Asia Pacific holds the largest number of cell phone users, which is poised to support the growth of the mobile accessories market in the region. In addition, increasing penetration of internet services is also prognosticated to catalyze the expansion of the regional mobile accessories market across the evaluation period. China and India are important revenue pockets of the region. The support extended by governments to support digitization drive is anticipated to influence the market favorably in the foreseeable future.

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.

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