openPR Logo
Press release

India Mobile Phone Accessories Market to Reach US$ 3.5 Bn by 2026 - End

09-25-2017 10:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

India Mobile Phone Accessories Market to Reach US$ 3.5 Bn by 2026 -

India will continue to be one of the largest consumer base for mobile phones and accessories, not just in Asia-Pacific region but across the globe. According to the Telecom Regulatory Authority of India (TRAI), more than one billion mobile phones were being used in India by the end of September 2016. Such staggering statistical figures attest that India serves as one of the most lucrative countries in the world when it comes to the global mobile phone accessories market revenue growth. Along with China, India will continue to predominantly contribute to the development of the mobile phone accessories market in the Asia-Pacific (APAC) region. According to Future Market Insights, more than US$ 32 billion revenues have been amassed from sales of mobile phone accessories across the APAC region in 2016, with India accounting for a considerable share.

Future Market Insights’ report, titled “Mobile Phone Accessories Market: India Industry Analysis & Opportunity Assessment, 2016-2026,” estimates that sales of mobile phone accessories in India reaped US$ 1,202.7 million revenues in 2015. By the end of 2026, the mobile phone accessories market in India is anticipated to reach a value of US$ 3,545.0 million, registering expansion at a stellar CAGR of 10.4%. Products such as protective cases for mobile phones & smartphones, and audio gear such as headphones and earphones will continue to be top-selling mobile phone accessories in India, collectively accounting for more than one-third of the gross market revenues throughout the forecast period. Portable speakers and batteries are also expected to gain traction in India’s mobile phone accessories market by showcasing a combined incremental opportunity of nearly US$ 450 million by 2026.

View and Download TOC of India Mobile Phone Accessories Market Research Report@

Key Trends in India’s Mobile Phone Accessories Market

Irregular electricity & power distribution infrastructure in India serves as a catalyst for consumption of power banks. In some cases, mobile phone users in India lack proximity to suitable power source, which further necessitates the use of accessories such as power banks. Buying power banks that can charge multiple devices in a go is also trending in India’s mobile phone accessories market. By 2026-end, sales of power banks in India are estimated to account for more than US$ 350 million in revenues.

The demand for modular smartphones and mobile phones is also likely to increase in the country, providing an opportune scope for mobile phone accessories that are limited to compatibility with specific device connectors. Furthermore, various products sold as mobile phone accessories in India have been able to attain compatibility with computers and laptops and vice-a-versa, furthering the scope of end-use among consumers.
Technological advancements are openhandedly welcomed by Indian consumers, triggering a money-spinning opportunity for sales of other mobile phone accessories such as keyboard attachments, camera dongles, selfie sticks, thermal imaging cameras, VR headsets, protective screens and wireless ear buds, among others. According to the report, after segmenting the revenues of the India mobile phone accessories market on the basis of “other” types of products as such, more than US$ 150 million revenues are being estimated to be amassed between 2016 and 2026.

Request A Sample Copy Of This Report at:

Multi-brand stores are trending as the most-preferred distribution channel for buying mobile phone accessories in India. North India will continue to dominate by accounting for more than 30% of the market revenues, while South Indian states and West Indian states will collectively account for half of India’s mobile phone accessories revenues by the end of 2026.

According to the report, mobile phone or smartphone users in India have been actively increasing their exposure to the Internet by availing broadband or Ethernet connections. As a result, the consumption of mobile phone accessories will remain higher since consumers will presumably opt for mobile phones, smartphones or tablets as a device for entertainment, leisure and other activities, compared to televisions, laptops, and computers. Unfortunately, counterfeit production of branded accessories remains a big threat for the mobile phone accessories market in India. Pricing is becoming a key aspect for manufacturers in a bid to safeguard market prominence of their flagship products. The report estimates that more than 40% of India’s mobile phone accessories revenues will remain to be under the mid-price range throughout the forecast period.

Buy Full India Mobile Phone Accessories Market Report@

Companies such as Capdase International Limited and Moshi by Aevoe Group are known for manufacturing protective cases, cables and screen protectors, while memory cards and flash drives from SanDisk Corp. and Kingston Technology Corporation are widely prominent in India. Sony Corp., Skullcandy Inc., and JBL Incorporated (Harman International Industries, Incorporated) are leading manufacturers of audio accessories for mobile phones in India. Global tech giants such as Samsung Electronics Co. Ltd., Apple Inc., and Microsoft Corporation are also recognised as key players in India’s mobile phone accessories market.

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.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release India Mobile Phone Accessories Market to Reach US$ 3.5 Bn by 2026 - End here

News-ID: 736654 • Views: 102

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

All 5 Releases

More Releases for India

Medical Tour India | Affordable Treatment In India
We at MedCredible look after the well being of the patients seeking treatment in India. Our support staff support is well trained in handling various situations arising due to cross border differences. All the patients can avail of high-quality treatment at an extremely affordable cost in a compassionate environment combined with ethical practices. With options of over 100 + Hospitals and Institutions, we at Medcredible ensure that we connect the
01-17-2011 | Health & Medicine
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will