Rapid urbanisation and increasing disposable income driving the growth of the India mobile phone accessories market

The India mobile phone accessories market has grown significantly in recent years with immense opportunities owing to substantial growth in the worldwide adoption of smartphones and tablets. Decreasing prices of mobile phones is increasing smartphone penetration, which in turn is surging the growth of the India mobile phone accessories market.

Moreover, increasing internet penetration has uplifted the trend of online retailing in the India mobile phone accessories market due to convenience of cash on delivery payment option and various price discounts along with a wide variety of products offered by e-retailers. This is anticipated to catalyse the growth of the India mobile phone accessories market.

Future Market Insights forecasts the India mobile phone accessories market to reach a market valuation in excess of US$ 3,500 Mn by 2026, representing a CAGR of 10.4% between 2016 and 2026. The India mobile phone accessories market is estimated to represent incremental dollar opportunity of over US$ 2,200 Mn during the decade.

Obtain Report Details @

https://www.futuremarketinsights.com/reports/india-mobile-phone-accessories-market

Demand for fancy and stylish protective cases have gained popularity as fashion accessories in urban parts of India. Companies are focussing on manufacturing trendy protective cases to cater to demands from a growing number of fashion conscious consumers in India.

Growing consumer preference for music-on-the-go has led to the popularity of headphones and earphones. Recent trends in the headphone/earphone segment include the introduction of wireless technology and IoT, which are expected to witness rapid adoption during the assessment period

Batteries are the most essential component of mobile devices; however, they have a limited life span after which they need to be replaced. Consumers willingly spend on replacing their existing batteries with new ones as it improves the performance of their mobile devices without spending a considerable amount. Hence, batteries with a longer life are fast gaining popularity amongst consumers in India

Make an Enquiry @

https://www.futuremarketinsights.com/reports/sample/rep-in-2672

Piracy is a major threat to various markets, especially the mobile phone accessories market. Pirated products are offered at a fraction of the price of that of original products, resulting in a major chunk of consumers opting for these products in India. As a result, counterfeit products are expected to hamper revenue growth of the India mobile phone accessories market to a significant extent over the assessment period.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

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
Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

This release was published on openPR.