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Global Mobile Phone Accessories Market to Reach $314.8 Billion by 2028: COVID Impact, Trends, and Forecast

03-27-2021 05:06 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Evolve Business Intelligence

Mobile Phone Accessories Market Snapshot

Mobile Phone Accessories Market Snapshot

Evolve Business Intelligence, today has published a new market research report on “Global mobile phone accessories Market with COVID-19 impact, global and segmental analysis”. According to the report, the global mobile phone accessories market size was valued at $207.1 billion in 2020 and is expected to reach $314.8 billion by 2028 growing at the CAGR of 5.17% from 2021 to 2028.

For more information on the report: https://evolvebi.com/product/mobile-phone-accessories-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the mobile phone accessories market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the mobile phone accessories market report also includes the following data points:
• COVID19 Impact on mobile phone accessories market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the mobile phone accessories market

Analyst View
According to Lekha, Principal Analyst, Evolve Business Intelligence, “The COVID19 has negatively impacted mobile phone accessories market. Due to government-imposed lockdown traveling was restricted and at the same time the supply chain was disrupted and there was a change in purchasing pattern of consumer behavior”

Competitive Scenario
Some of the major mobile phone accessories players holding high market share include Apple Inc., Samsung, Boss Corporation, SONY. These players adopted new product development and collaboration as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
The report aims to provide a holistic market overview based on Price Range, Product Type, and Distribution Channel
Price Range
• Premium
• Mid
• Low
Product Types
• Battery
• Headphone/Earphone
• Portable Speaker
• Charger
• Memory Card
• Power Bank
• Battery Case
• Protective Case
• Screen Guards
• Pop sockets
• Others
Distribution Channel
• Online
• Offline

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the mobile phone accessories market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• Sennheiser Electronic
• Sony Corporation
• Samsung Electronics Co., Ltd
• Apple Inc.
• Bose Corporation
• BYD Co Ltd.
• Plantronics, Inc.
• Energizer Holdings, Inc.
• JVC Kenwood Corporation
• Panasonic Corporation

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/mobile-phone-accessories-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trade maps, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the mobile phone accessories market, in terms of value, segmented based on indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the mobile phone accessories market
• To provide an overview of the value chain analysis about the mobile phone accessories industry
• To strategically analyze each segment and subsegment concerning individual overall growth trends and their contribution to the overall mobile phone accessories market
• To analyze opportunities in the market by identifying high-growth segments of the mobile phone accessories market
• To profile key players in the mobile phone accessories market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global mobile phone accessories market

Evolve Business Intelligence
C-218, 2nd floor, M-Cube
NH 48, Balitha, Vapi
Gujarat 396191
India

Email: sales@evolvebi.com
Website: https://evolvebi.com/

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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