Mobile Phone Accessories Market 2019 will Boom with Key Players Samsung SDI Co., Apple Inc., Huawei Technologies Company, OPPO, Vivo Communication Technology, Xiaomi, LG Electronics, ZTE Corp., Lenovo, TCL Communication Ltd

Global Mobile Phone Accessories Industry was valued at USD 235.45 Billion in the year 2017. Global Mobile Phone Accessories Industry is further estimated to grow at a CAGR of 6% from 2019 to reach USD 372.44 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017 and Latin America is considered as the fastest growing Industry in the forecasted period. At the country level, China and Indonesia are projected to grow at a strongly in the coming years

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Major market players in Mobile Phone Accessories Industry are Samsung SDI Co., Apple Inc., Huawei Technologies Company, OPPO, Vivo Communication Technology, Xiaomi, LG Electronics, ZTE Corp., Lenovo, TCL Communication Ltd., and brief overview of 10 companies is also provided in the report. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

SWOT Analysis of Mobile Phone Accessories Industry:
Strength:
Changes in the lifestyle with increasing need for convenient and effective connectivity.
Growing need for portable devices, such as smartphones.

Weakness:
Excessive use of headphones having the adverse effect on hearing ability.
Various side effects associated with the use of technology

Opportunities:
Rapid technological advancements
Upgradation of mobile software. For example, Daydream feature in the Google Pixel phone.

Threats:
Lack of piracy and unassured safety.

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The Global mobile phone accessories Industry is segmented into three parts -Product Type, Distribution Channel and Price Range. The product type is divided into battery, headphone/earphone, and portable speakers. Battery contributes to the highest Industry share. In the distribution channel, online purchase of mobile phone accessories has the highest share in the Industry while in a price range, low price holds the highest Industry share. Among all, it is expected that the low price range segment will be growing at a moderate CAGR of 7.2% in the assessment period.

Mobile Phone Accessories Industry Segmentation:
By Price Range
• Premium
• Mild
• Low

By Product Type
• Battery
• Headphone/earphone
• Portable Speakers

By Distribution Channel
• Online
• Offline

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By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa

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