Global Mobile Phone Accessories Market: to achieve a market size of $314.8 Billion by 2028

The global Mobile Phone Accessories market size is expected to reach $314.8 Billion by 2028 growing at the CAGR of 5.17% from 2021 to 2028.

Mobile phone accessories are replacing traditional accessories i.e., car chargers, car kits, etc., thereby paving way for better opportunities in the industry. The global smartphone accessories market growth can be attributed to an increase in demand for wireless headphones and Bluetooth headsets due to the change in customer preferences to listen to music on portable devices, such as smartphones and tablets Consumers’ preference for listening to music using wireless headphones has increased owing to its ease of use and benefit over corded headsets pricing wise. With pricing dropping gradually, consumers are substituting conventional wired headsets with wireless headphones for better convenience.

Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005349

Key Players

Some of the major Mobile Phone Accessories players holding high market share include Sennheiser Electronic, Sony Corporation, and Samsung Electronics Co., Ltd. These players use new product development/acquisition/partnership and collaboration/expansion as a key strategy to gain significant market share to compete with market leaders.

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

The recently published research report on Global Mobile Phone Accessories Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

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.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

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 Mobile Phone Accessories market

To request a free sample report, click on the “Request Sample PDF” button on: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005349

Segmental Analysis

Market Segment By Price Range with focus on market share, consumption trend, and growth rate of Mobile Phone Accessories Market:
o Premium
o Mid
o Low

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Mobile Phone Accessories Market:
o Battery
o Headphone/Earphone
o Portable Speaker
o Charger
o Memory Card
o Power Bank
o Battery Case
o Protective Case
o Screen Guards
o Pop sockets
o Others

Market Segment By distribution channel with a focus on market share, consumption trend, and growth rate of Mobile Phone Accessories Market:
o Online
o Offline

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

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The increasing migration of people from rural to urban areas, rising household incomes especially in countries like India and China. The availability of trendy and fashionable mobile phone covers, stylish and colorful earphones, rising battery, and charger replacements will stimulate the demand for mobile phone accessories across the globe in the next few years. Despite being much smaller than other regions in terms of market share, Asia Pacific is leading the global mobile phone accessories market both now as well as for the next few years because of its strong growth rate.

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Contact: +1 773 644 5507 / +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the 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.

This release was published on openPR.