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Brisk Penetration of E-commerce & E-banking to Push Prospects for Mobile Phone Accessories Market 2017 - 2027 | Future Market Insights

06-10-2019 04:18 PM CET | IT, New Media & Software

Press release from: Future Market Insights

Brisk Penetration of E-commerce & E-banking to Push Prospects

Rapid technological advancements and tremendous penetration of mobile technology have been pushing the demand for mobile phone accessories over the past decade. The global market for mobile phone accessories will possibly witness robust growth in the near future, as indicated by a recent mobile phone accessories market examination by Future Market Insights (FMI) – over a 10-year forecast period 2017-2027. FMI foresees impressive growth of the mobile phone accessories market during the forecast period, at an estimated CAGR of 6.6%.

Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5338

Rapidly Growing Consumer Inclination towards Smartphone Usage Boosting Sales of Mobile Phone Accessories in Developing Economies

Increasing adoption of smartphones and tablets are likely to promote immense opportunities to key players in the mobile phone accessories market. Furthermore, growing population and urbanization, especially in developing regions such as Asia Pacific and Middle East & Africa, are anticipated to contribute to the demand for mobile phone accessories market during the forecast period. As indicated by FMI’s study on the global mobile phone accessories market, the growth is substantially driven by increasing disposal income pushing the purchasing power of consumers in developing countries. However, piracy poses a major threat to the growth of mobile phone accessories market, as the market has been witnessing growing inclination of a sizable population towards the cost effective counterfeit products – especially in developing countries. Additionally, lack of standardization in manufacturing mobile phone accessories will hamper the market growth to a greater extent.

Advancing trends of online shopping and e-banking have significantly influenced the use of smartphones, sequentially fueling the growth of mobile phone accessories market. Furthermore, the key players in mobile phone accessories market increasingly relying on high potential distribution channels such as multi-brand distributors and online shopping sites to gain a competitive advantage.

APEJ to Witness Significant Growth in Global Mobile Phone Accessories Market

More than 50% share of the global mobile phone accessories market revenue is collectively contributed by North America, Western Europe, and Asia Pacific excluding Japan. The FMI report estimates that the revenue contribution of APEJ in mobile phone accessories market will see a significant expansion at a robust pace during the forecast period. China is expected to remain the largest shareholder in this region, owing to growing consumer affluence and rampant urbanization.

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Power Bank to Witness Maximum Revenue Growth over Other Types of Mobile Phone Accessories

Numerous options such as USB plug-in power bank, portable solar panel power bank, and pocket-size units are gaining popularity across the globe. In order to expand the customer base, power bank manufacturers are also focusing on delivering highly innovative products which will influence the growth of mobile phone accessories market through 2027. Europe leads in the sales of power bank owing to the presence of organized multi-brand stores. Furthermore, latest developments in power banks such as LED torch and digital charge indicators are anticipated to attract more customers.

On the basis of product type, protective cases are also likely to register robust growth as they have high popularity as a fashion accessory. This further influences the key players to manufacture trendy and attractive products and in turn contribute in shaping the mobile phone accessories market.

Global Mobile Phone Accessories Market 102017 Reports - Table of Contents
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Global Mobile Phone Accessories Market Overview

4.1. Mobile Phone Accessories Market Taxonomy

4.2. Mobile Phone Accessories – An Introduction

5. Global Mobile Phone Accessories Market Dynamics

5.1. Drivers

5.2. Restraints

5.3. Trends

6. Global Mobile Phone Accessories Market Analysis

6.1. Global Mobile Phone Accessories Market Analysis

6.1.1. Global Mobile Phone Accessories Market Value Forecast, 2017–2027 & Y-o-Y Growth Rate, 2017–2027

6.1.2. Global Mobile Phone Accessories Market Absolute $ Opportunity, 2012–2027

7. Global Mobile Phone Accessories Market Analysis By Product Type

7.1. Global Mobile Phone Accessories Market Share Analysis By Product Type, 2016 & 2027

7.2. Global Mobile Phone Accessories Market Attractiveness By Product Type, 2027

7.3. Global Mobile Phone Accessories Market Value Forecast By Product Type, 2012-2027

7.3.1. Protective Case Segment

7.3.1.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Protective Case Segment, 2016–2027

7.3.2. Headphone/Earphone Segment

7.3.2.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Headphone/Earphone Segment, 2016–2027

7.3.3. Charger Segment

7.3.3.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Charger Segment, 2016–2027

7.3.4. Battery Segment

7.3.4.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Battery Segment, 2016–2027

7.3.5. Memory Card Segment

7.3.5.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Memory Card Segment, 2016–2027

7.3.6. Power Bank Segment

7.3.6.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Power Bank Segment, 2016–2027

7.3.7. Portable Speaker Segment

7.3.7.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Portable Speaker Segment, 2016–2027

7.3.8. Others Segment

7.3.8.1. Global Mobile Phone Accessories Market Value Forecast, 2016–2027 & Y-o-Y Growth By Others Segment, 2016–2027

7.3.8.2. Global Mobile Phone Accessories Market Absolute $ Opportunity By Others Segment, 2016–2027

Browse Full Report: https://www.futuremarketinsights.com/reports/global-mobile-phone-accessories-market-102017

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About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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