Africa Mobile Phone Accessories Market registering a CAGR of 5.8% in terms of revenue during the forecast period (2016-2026).
According to Future Market Insights, “Increasing disposable income and rapid urbanisation are factors anticipated to drive growth of the Africa mobile phone accessories market over the forecast period. Increased internet usage and smartphone penetration, along with a robust growth of m-commerce is further expected to push the demand for mobile phone accessories in Africa during the forecast period.” The report also identifies factors likely to hamper the growth of the Africa mobile phone accessories market. Poor economic conditions and an established market captured by Chinese vendors are some of the major challenges expected to be faced by market players in the Africa mobile phone accessories market during the forecast period.
The overall Africa mobile phone accessories market is segmented on the basis of type, price, distribution channel, and region. The report provides market data in terms of value and volume and forecasts projections for the period 2016-2026.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-af-1885
In 2015, the protective cases segment dominated the Africa mobile phone accessories market, followed by the headphones & earphones However, Future Market Insights analysts predict the power bank segment to expand at the fastest CAGR of 6.8% over the forecast period in terms of revenue. Demand for power banks is estimated to witness the highest growth rate by 2016 – frequent power cuts in certain parts of Africa is a key factor likely to boost this demand.
The mid-priced segment is expected to expand at the highest CAGR of 6.2% in terms of value during the forecast period. In terms of market share, the low-priced segment alone accounted for more than one-third of the revenue share of the overall market in 2015 and Future Market Insights analysts feel this segment will dominate the Africa mobile phone accessories market in the coming 10 years.
The online store segment is expected to expand at the highest CAGR of 7.2% in terms of value during the forecast period. In terms of market share, the multi-brand store segment alone accounted for more than one-third of the revenue share of the overall market in 2015 and is expected to dominate the Africa mobile phone accessories market between 2016 and 2026.
Future Market Insights forecasts a very promising scenario for key players operating in the Africa mobile phone accessories market over the next 10 years. Analysts are of the opinion that innovation in new product offerings and services will be a critical lever for companies such as Case-Mate, Muvit, and Mozo Accessories to consolidate their market position and establish a solid customer base.
If You Have Any Query, Ask The Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-af-1885
In terms of region, Future Market Insights sees great potential in the Rest of Africa region, a segment that dominated the overall Africa mobile phone accessories market in 2015, accounting for more than one-third of the total market share. This segment is expected to be the largest revenue generator for mobile phone accessories in Africa by 2016, accounting for a revenue share of 44.1% by the end of 2016. The mobile phone accessories market in South Africa is projected to expand at the highest CAGR during the forecast period.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Africa Mobile Phone Accessories Market registering a CAGR of 5.8% in terms of revenue during the forecast period (2016-2026). here
News-ID: 1610734 • Views: 282
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Africa
Energy Drinks in South Africa
ReportsWorldwide has announced the addition of a new report title Energy Drinks in South Africa to its growing collection of premium market research reports. Energy Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Meat in South Africa 2017
ReportsWorldwide has announced the addition of a new report title Meat in South Africa 2017 to its growing collection of premium market research reports. Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential
14th Africa Independents Forum
The 14th Africa Independents Forum 2016, 25-26th May, gathers together leading independents and corporate players worldwide and from across Africa, both listed and unlisted, large and small, established and new entrants, and provides enhanced exposure to the wider Africa-wide upstream industry in oil, and gas, exploration and development, including issues in crude oil and financial markets, engaging equity financiers, banks, private equity and investors found on the AIM and LSE,
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
23rd Africa Oil Week
While the African Continent continues to attract a steady stream of oil and gas commitments in its fast-growing oil, gas-LNG and energy industry, our landmark Africa Oil Week 2016 event will again showcase Africa’s Governments, National Oil Companies, Licensing Agencies and corporate players shaping the continent’s future – in exploration and production/development, across new frontiers and established basins; onshore in the Rifts and offshore in the shelf and deep-water, providing
Avnet extends its Africa focus
Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), has extended its focus on the fast growing African region by investing heavily in the resources with a dedicated team of highly skilled sales, technical, financial and marketing professionals to expand its footprint across the continent. Avnet is also expanding its portfolio of products, solutions and services for solution providers on the African continent. A