Mobile Phone Accessories Market Overview:
According to a new report published by Maximize Market Research titled Mobile Phone Accessories Market by Intelligent Virtual Assistant, End User, Distribution Channel, Price, and Geography: Industry Analysis and Forecast (2021-2027), the Mobile Phone Accessories market size is expected to reach US$ 21.44 billion by 2027 at a CAGR of 17.1% from 2021 to 2027.
Research assists decision makers in devising strategies and plans for their regions by analysing trends in the market, the industry environment, dominant characteristics of the market, and their short- and long-term ramifications.
The study investigates the effect of COVID-19 lock-down on the earnings of industry leaders, followers, and disruptors. Because lockdown was implemented differently in different locations and countries, the impact varies by region and segment. The research has covered the current short and long term market impact, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.
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Mobile Phone Accessories Market Dynamics:
The mobile phone accessories market is expanding in response to rising demand for smartphones and tablets. The continued decline in smartphone prices, combined with a growing emphasis on aesthetics, will create a favourable environment for growth. In addition, the growing popularity of the internet and the trend of online shopping are driving up sales of mobile phone accessories.
In recent years, mobile phone technology has advanced rapidly, and its applications have become increasingly diverse. Aside from calls and messages, modern smartphones must be capable of a variety of tasks. Smartphones now have powerful processors to support applications such as multimedia, virtual reality, Internet connectivity, and others.
To get a detailed report summary and research scope of Mobile Phone Accessories market, click here:
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Mobile Phone Accessories Market Segmentation:
Based on the Product Type, the market is segmented into Battery, Portable speaker, Charger, Memory card, Power bank, Battery case, Headphone/earphone, Protective case, and others. The charger segment is expected to hold the largest market share by 2027. Compared to typical charging systems, wireless chargers are safer, more efficient, and less expensive. Wireless chargers do away with the necessity for physical connectors and wires, which has a global impact on their demand.
The battery life of smartphones has been harmed by excessive usage of the internet and other applications. As a result, there is a boom in demand for efficient charging systems. These are the major key drivers that boost the growth of the charger segment in the global market during the forecast period 2021-2027.
Mobile Phone Accessories Market Key Players:
- 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.
- BYD Co Ltd.
- Energizer Holdings, Inc.
- Harman International Inc.
- Anket Powercore
- UE Boom
COVID-19 Impact Analysis on Mobile Phone Accessories Market:
The report investigates consumer and demand movements, purchasing behaviour, supply chain transformations, and current market power dynamics. This updated report discusses the impact of COVID-19 on the Smart Textile market, as well as insights, analyses, estimates, and predictions. In this report, we look at how the COVID-19 lockout has affected market leaders, followers, and disruptors. The impact varies by location and region depending on how the lockdown was implemented.
Mobile Phone Accessories Market, Key Highlights:
- The report provides analysis and projection of the Mobile Phone Accessories market in terms of value.
- Market drivers, constraints, and opportunities driving the growth of the Mobile Phone Accessories Market are all examined in depth.
- The Mobile Phone Accessories Market has been segmented based on Intelligent Virtual Assistant, End User, Distribution Channel, Price, and geography (country-wise).
- This report analyses the Mobile Phone Accessories Market with respect to individual growth trends, future prospects, as well as the contribution of various submarket stakeholders.
- Analysis and forecasts for the Mobile Phone Accessories market for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-level segmentation.
- A profile of key industry participants and an analysis of core competencies are included, in addition to strategic perspectives, market positioning, and analyses of core competencies.
- The top companies active in the Mobile Phone Accessories Market are profiled in terms of their competitive advancements, investments, strategic growth, and competitive landscape.
About Maximize Market Research:
Maximize Market Research, an industry research firm with a dedicated team of specialists and data, has conducted comprehensive research on the Mobile Phone Accessories market. Maximize Market Research provides B2B and B2C research on 6,500 high-growth, emerging technologies for the chemical, healthcare, pharmaceutical, electronics, Internet of Things, food and beverage, aerospace, and defence industries. Maximize Market Research analyses the competitive landscape of sectors in addition to evaluating and estimating market size.
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