Press Releases
 
Mobile Phone Accessories Market – North America Remains Most Lucrative Regional

, 3 September 2018 -- Mobile Phone Accessories Market – North America Remains Most Lucrative Regional

Global Mobile Phone Accessories Market:

Mobile phone accessories are software or hardware components that are not integral to the operation of mobile phone. The increasing adoption of smartphones and other handheld mobile devices has led to the rapid growth of the global mobile phone accessories market. An increase in disposable income across regions such as Asia Pacific and a dip in the prices of smartphones have fuelled the market for mobile phones as well as for their accessories. In emerging economies such as India, China, Brazil, and Indonesia, the sales of smartphones have increased, thereby creating secondary demand for accessories that are usually not sold along with smartphones.

Download PDF Sample For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11345

Mobile phone accessories include chargers, batteries, headphones/earphones, portable speakers, memory cards, protective cases, and power banks. The demand for protective cases has been the highest and is expected to surge during the period between 2016 and 2024. The demand for chargers and headphone/earphones is also anticipated to significantly increase 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 endure heavy usage, the demand for power banks is expected to increase rapidly.

The global mobile phone accessories market operates through a number 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 dip in their revenue in the near future. In terms of price, mobile phone accessories have been segmented into premium, mid-, and low-range price categories. Consumers usually prefer mid-range-priced mobile phone accessories.

Global Mobile Phone Accessories Market: Overview

Mobile phone accessories complement the features, performance, and maintenance of mobile handsets. Technological innovations and the need for the effective maintenance of mobile phones have propelled the growth of the global mobile phone accessories market. The market is highly dynamic due to frequent product launches introducing new features. The compatibility and interchangeability of mobile phone accessories let consumers choose from a wide range of product offerings. The growing demand for mobile phone accessories and high profit margins of products has led many established players in the mobile handset market to launch their own accessories.

The presence of a large number of multinational as well as regional brands has boosted the growth of the global mobile phone accessories market. Compared to multinational brands, regional players in the market offer fewer mobile accessories to keep 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 global mobile phone accessories market is expected to be dominated by local manufacturers due to their low production costs and competitive pricing.

Global Mobile Phone Accessories Market: Region-wise Outlook

The global mobile phone accessories market has been segmented into four key regions: Europe, North America, Asia Pacific, and Rest of the World. Asia Pacific dominates the overall market owing to the increased adoption of smartphones in the region. North America is the second-largest market for mobile phone accessories, followed by Europe. In the near future, the mobile phone accessories market in Rest of the World is expected to witness significant growth.

Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=11345

Some of the prominent players in the global 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 expand their business.

# # #


Submitted by K Singha on Monday, 3 September 2018 at 7:42 PM
Category: Science & Research
 
Related News

RESTOP Kicks Off Month of Holiday Savings
Saturday, 17 Nov 2018

Global ENT Microscopes Market: Application, Opportunity and Forecast 2025
Wednesday, 14 Nov 2018

Indian Saccharin Market Increasing Demand, Growth Analysis and Outlook 2018-2023
Tuesday, 13 Nov 2018

OH-Based Sustainability Consulting Firm Launches With Mission To Help Organizations Conserve Energy
Tuesday, 13 Nov 2018

Compressor Discharge Temperature (CDT) Probe - How it works in Aircraft?
Monday, 12 Nov 2018

Related Events

Global Forum for Innovations in Agriculture - GFIA in Focus Australia
Tuesday, 27 Nov 2018

Argus LPG and Petrochemical Feedstocks in Shanghai - November 2018
Tuesday, 27 Nov 2018

EDEX - Egypt Defence Expo, 3-5 December 2018, Cairo
Monday, 3 Dec 2018

2019 Asia Pacific Energy Assembly and Awards Dinner
Wednesday, 30 Jan 2019

20th International Union for Quaternary Research Congress (INQUA 2019)
Thursday, 25 Jul 2019

Latest News

Tests performed by Quigley eye specialists
Sunday, 18 Nov 2018

T-shirt- teespring.com brings you the Easy Availability of Any Graphic Prints on T-Shirts
Saturday, 17 Nov 2018

The Advantages of Pneumatics
Saturday, 17 Nov 2018

Water Damage Restoration - What Are Your Options?
Saturday, 17 Nov 2018

Rewards Of Movie Star Planet Hack
Saturday, 17 Nov 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Sunday, 18 November 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Linde.Intel.AI.Challenge
  • Wound Certification Prep Course – Jersey City, NJ
  • New York Connect MBA Event: Free Headshots and Meet Top MBA Programs 1-on-1
  • 5 Day Accelerated Certificate for Directors
  • Writers on the Air

  • Latest Jobs
    Sorry, there are currently no entries posted here.