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Increase in adoption of smartphones dominating Mobile Phone Accessories Market

01-10-2019 02:43 PM CET | Media & Telecommunications

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Increase in adoption of smartphones dominating Mobile Phone

A mobile phone plays a critical role in the current society’s day-to-day functions. The masses find it imperative to purchase various mobile accessories to add to the functionalities of the phone and secure it from damage. This rising demand for wireless accessories has propelled the growth of the U.S. mobile phone accessories market.

Mobile phones, especially smartphones, play a vital role in the contemporary world. Seamless connectivity has been the foremost reason driving the adoption of smartphones, which in turn drives the growth of the U.S. mobile phone market. With plethora of features added to smartphones, the demand for accessories has witnessed a surge in the recent years.

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Rapid technological advancements, such as advent of noise cancelling technology, Bluetooth/NFC speakers, and built-in fan & light in selfie sticks are expected to offer lucrative growth opportunities for the market development in the near future.

The key players operating in the U.S. mobile phone accessories market are Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Samsung Electronics Co., Ltd., Apple Inc., Bose Corporation, BYD Co., Ltd., Plantronics, Inc., Energizer Holdings, Inc., and JVC Kenwood Corporation.

Key Benefits
• This report provides an extensive analysis of the current and emerging market trends and dynamics of the U.S. mobile phone accessories market.
• The report includes an in-depth analysis of the market estimations for the key market segments during the forecast period.
• The extensive analysis of the U.S. market has been conducted by following key product positioning and monitoring the top competitors within the market framework.
• The profiles of the key players along with their strategies have been thoroughly analyzed to understand the competitive outlook of the U.S. mobile phone accessories market.

Top Impacting Factors:
Rise in demand for wireless accessories
The growing demand for wireless accessories, such as portable mobile speakers and Bluetooth handsets, has been one of the major factors driving the growth of the market.
Increase in adoption of smartphones
In the modern era, people have been increasingly using smartphones for disparate purposes, such as browsing the internet, switching from the traditional brick store business model to the e-commerce model, performing e-banking activities, and engaging in various digital endeavors. This has culminated in boosting the demand for smartphone and accessories.
Adverse effects on health due to prolonged use of headphones
Rapid growth in the use of mobile phones, headsets, and portable music players has spiked the sales of wireless accessories. Research studies have shown that prolonged use of headphones at high volume has adverse effects on health such as temporary as well as permanent sensory damages. This factor could play a deterrent to the market growth.

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About Allied Market Research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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