The global mobile phone accessory market is projected to reach $346.9 billion by 2028, at a CAGR of 5.8% during 2023-2028. The growth of mobile phone accessory market is driven by increasing adoption of smartphones among teenage population, growing popularity for OTT platforms like Netflix and Amazon Prime Video, and rapid adoption of wireless gadgets, such as headset, earphone, and speaker across the globe.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the mobile phone accessory market
by product type (earphones/headphones, charger, power bank, protective cases,
and others), distribution channel (online and offline), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the mobile phone accessory market?
Q.4 What are some
changing demands of customers in the mobile phone accessory market?
Q.5 What are the new
developments in the mobile phone accessory market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this mobile phone accessory area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this mobile phone accessory
market?
Market Segmentation:
Based on product type,
the mobile phone accessory market is segmented into earphones/headphones,
charger, power bank, protective cases, and others. The earphone/headphone
segment accounted for the largest share of the market in 2023 and is expected
to register the highest CAGR during the forecast period, due to the increasing
usage of earphones while playing online games at smart phones for better sound
quality.
APAC will remain the
largest region due to the increasing disposable income, availability of
affordable smartphones, and increasing demand for various high-tech and
inexpensive mobile accessories in the region.
Key Players in the
mobile phone accessory market are Belkin International, Harman International
Industries, Aukey, Groove Made Walnut, and Anket Power Core.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Related reports
Constant Voltage in the Global LED Driver Market
Lighting Technology in the Global Micro LED Market
T Lamps in the Global LED Driver Market
Type A Lamp in the Global LED Driver Market
Transfer Lighting Technology in the Global Micro LED
Market
Large Panels in the Global Micro LED Market
No comments:
Post a Comment