Global Mobile Phone Accessories Market Revenue Expected to Touch US$ 121,726.4 Mn, 2015-2025
The global mobile phone accessories market has been segmented on the basis of products into protective case, headphone/earphone, charger, memory card, battery, power bank, portable speaker, and others. The market is also segmented by price range into premium, mid, and low; and on the basis of distribution channels into multi-brand store (further sub-segmented into organised store and independent store), single-brand store, and online store.
Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-112
Key market drivers and resultant trends
The mobile phone accessories market is influenced by certain key drivers that play a major role in altering market dynamics in the aforementioned regions.
Increasing Disposable Income and Growing Global Population
In 2015, global disposable income increased by 3.1% as compared to 2014, leading to a rapid growth of the mobile accessories market owing to increased demand for mobile accessories especially in developing countries of Asia Pacific and Latin America
UN estimates point to an increase in global population from 7.2 billion in 2013 to 9.6 billion by 2050. Increasing population growth, coupled with growing GDP of developing countries such as Asia Pacific and MEA is likely to enhance the growth of the mobile accessories market over the forecast period
Expanding Urban Population
According to UN statistics, 54% of the world’s population resided in urban areas in 2014 and this number is projected to increase to 66% by 2050. Expansion of urban population across the globe, characterized by urban upper class and high net worth individuals, has led to a strong demand for advanced mobile accessories such as premium headphones and power banks. Moreover, rapid migration from rural to urban areas, particularly in countries such as China and Indonesia, is expected to support growth in this market over the forecast period
Proliferation of Smartphones
Smartphone adoption across countries such as China, Indonesia, and Brazil is growing at a fast pace, linked to increasing internet penetration and popularity of social networking in these countries.
A growing trend of mobile shopping, e-banking, and Bring Your Own Device (BYOD) is accelerating the demand for smartphones across the globe, thereby fuelling growth of the mobile accessories market
Strong Distribution Network
Online retailing is becoming a most popular distribution channel in emerging markets such as China, Indonesia, Brazil, and Russia. To gain competitive advantage in the mobile accessories market, key providers largely rely on strong distribution channels such as multi-brand distributors and retailers of mobile accessories in order to better cater to customers
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-112
The global mobile phone accessories market is projected to account for US$ 121,726.4 Mn by the end of 2025. APEJ, North America, and Western Europe are collectively expected to account for 79.6% market share by 2025. The markets in Latin America and MEA are estimated to be the second- and third-fastest growing regional markets with CAGRs of 7.3% and 5.7% respectively over 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.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Global Mobile Phone Accessories Market Revenue Expected to Touch US$ 121,726.4 Mn, 2015-2025 here
News-ID: 540061 • Views: 265
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 America
Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the