Selfie Stick Market is Thriving Worldwide | Anker, KobraTech, Fromm works

A latest study released by Advance Market Analytics on Global Selfie Stick Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Selfie Stick market. The study provides historical data (i.e. Volume** & Value) from 2014 to 2018 and forecasted till 2026*. Some are the key & emerging players that are part of coverage and have being profiled are Anker (China), KobraTech (United States), Kootek (United States), Xiaomi (China), Momax (China), Mpow (United States), Fromm works (United States), Satechi (United States), Selfie on a Stick (United States) and Selfie Stick Gear (United States).

Selfie Stick is a monopod for smartphones, in which mobile phones can strap at one end and by holding the other end of the stick and extend it outward, it helps to take photos and capture video footage of own. It can fit in various situations such as the need to click photographs of multiple people while traveling and capture background scenery, picture with arm seeing, helps in capturing creative viewpoints.

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Market Drivers
• Increasing Tourism and Business Travels
• High Adoption of Smartphones

Market Trend
• Advances in Selfie Stick Technology

Opportunities
• Opportunity Increase With Respect To Increase in Trends of Clicking Pictures from Mobile Phones

Challenges
• Interoperability between Different Brands and Operating Systems

1. Steady growth, expanding margins

Some of the players have a stellar growth track record. From 2014 to 2018, the company have shown enormous sales figures, while net income more than doubled in same period with operating as well as gross margins expanding. The rise in gross margins over the year’s points to strong pricing power by the company for its products, over and above the increase in the cost of goods sold.

2. Industry growth prospects and market share

According to AMA, key business segments sales will cross the $$ mark in 2020. Unlike classified segments popular in the industry i.e. by Type (Wired Selfie Stick, Bluetooth Selfie Stick, Remote Triggered Selfie Stick), Application (Pet owners, Housewives, Bodybuilders, Photographers, Others), Technology (Bluetooth Technology), the latest 2020 version is further broken down / narrowed to highlight new emerging twist of the industry. Global Selfie Stick market will grow from $XX million in 2018 to reach $YY million by 2026, with a compound annual growth rate (CAGR) of xx%. The strongest growth is expected in Asia-Pacific, where CAGR is expected to be ##% from 2019 to 2026. This forecast is good news for industry players, as there is good potential for them to continue growth alongside the industry's projected growth.

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Major Objectives Focused through this Study

• To define, describe, and forecast the Global Selfie Stick market on the basis of product [Wired Selfie Stick, Bluetooth Selfie Stick and Remote Triggered Selfie Stick] , application [Pet owners, Housewives, Bodybuilders, Photographers and Others], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Selfie Stick market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Selfie Stick industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market.

3. Ambitious growth plans & rising competition?

Industry players have ambitious plans to introduce a whole host of new products into various markets around the world. Some examples are variant to be introduced in eight EMEA markets in Q4 2019 and 2020. Considering all round activities some of the players profiles that would be worth checking are Anker (China), KobraTech (United States), Kootek (United States), Xiaomi (China), Momax (China), Mpow (United States), Fromm works (United States), Satechi (United States), Selfie on a Stick (United States) and Selfie Stick Gear (United States).

4. Where the Industry is today

Although recent year might not be that encouraging as market segments have shown modest gains, things could have been better if players would have plan ambitious move earlier. Unlike past, but with a decent valuation, investment cycle continuing to progress in the U.S., many growth opportunities ahead for the companies in 2020, it looks like a good for today but stronger returns can be expected beyond.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/18391-global-selfie-stick-market

Key Insights that Study is going to provide:

• Revenue splits by most promising business segments.
• Gap Analysis by Region. Country Level Break-up will help you dig out Trends and opportunity lying in specific area of your business interest.
• Market Share & Sales Revenue by Key Players & Emerging Regional Players.
• A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
• Patent Analysis** No of patents / Trademark filed in recent years.
• Competitive Landscape: Company profile for listed players with SWOT Analysis, Business Overview, Product/Services Specification, Business Headquarter, Downstream Buyers and Upstream Suppliers.

** May vary depending upon availability and feasibility of data with respect to Industry targeted

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Western / Eastern Europe or Southeast Asia.

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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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