The Mobile phone plays an imperative role in the modern day to day life. During the recent trend, phones enable its users to admittance internet, take pictures, and listen to music, as well as feature as storage devices. The worldwide mobile phone accessories market is projected to witness significant growth in the future, due to augment in the purchasing power and fluctuations in lifestyles of the people.
According to the report analysis, ‘Mobile Phone Accessories Market by Product Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Protective Case, Power Bank, Battery Case, Screen guards, Popsockets, and Others), Distribution Channel (Online and Offline), and Price Range (Premium, Mid, and Low): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the mobile phone accessories market there are several companies which presently operating more effectively for leading the fastest market growth and registering the handsome value of market share around the globe in the near years while spreading the awareness related to the applications, benefits and features of such, developing the applications and productivity of such, delivering the better consumer satisfaction, decreasing the price, implementing the profitable strategies, studying and analyzing the strategies of the government and competitors, employing the young work force and improving the specifications of the production technologies includes Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Samsung Electronics Co., Ltd., Apple Inc., Bose Corporation, BYD Co Ltd., Plantronics, Inc., Energizer Holdings, Inc., JVC Kenwood Corporation and several others.
The speedy technological advancement of smartphones, powered with AI, sensors, and several others, has made it an imperative part of our private and professional life. In the present digital era, we are greatly dependent on our smartphones for several day to day personal and professional activities. For instance, now a days compensating our utility bills, travel & groceries expenses, and several others, can straightforwardly be tracked and supervised through one click in smartphone. . Also, the online delivery people, sales people, and several other vendors, utilize it for tracking the products or locations, and also for gathering purposes. Moreover, the features such as handsfree and several others create the need of headsets and earphones urge the user to purchase these mobile accessories. Furthermore, the fragile frame and display screen of mobile propel the users to purchase protecting case and screen guards as well. Such protective trappings are produced in terms of design and quality to fascinate users. Therefore, the augment in penetration of smartphone augments the mobile accessories market as well.
The increasing vertical of media and entertainment has brought developed photographic and video graphic mobile phone accessories. The imaging accessories utilized in smartphones likewise tripods, stabilizer stands, phone lenses, instant photo printer, and several others. Further, dissemination in the utilization of social media applications such as Facebook, Instagram, and several others has elevated the number of casual photographers, which is projected to boost the market of photo and imaging mobile accessories. Furthermore, the advancement in miniaturization of photo and printing accessories such as HP Sprocket photo printer, that deliver the instant printouts connected over mobile phone and can be quartered in the pockets of users deliver ease of handling and excellence. In addition, the infotainment websites and applications utilized in smartphones likewise YouTube offers mementos and money to encourage its users who have high-end public ratings. Therefore, the dissemination of social media application and its penetration amongst the users is projected to boost the growth of the mobile accessories market throughout the projected period.
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Ankur Gupta, Head Marketing & Communications