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    Research Reports

    Posted By mark itwired

    Posted on August 6, 2021

    Featured image for article about Research Reports

    The increasing application of mobile phones and
    the expansion of 5G technology to ease operations and help in the smoother
    functioning of these devices are expected to have significant impact on mobile phone accessories market. According to a study by Future Market Insights
    (FMI), the market will surpass US$ 86.80 Bn by 2021.

    With the incorporation
    of IoT in households, a swift rise in the demand for mobile phone accessories
    has been witnessed, and this trend will continue in the near future. The
    emergence of 5G technology will also boost the demand for mobile phone
    accessories that work on augmented reality and virtual reality technology.

    To
    Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-112

    The high speed of 5G
    technology will provide a better experience of devices that are connected
    through wireless technology and will play a major role in driving the demand
    for wireless connectivity devices.

    In addition, growth in
    smart homes and smart appliances sales has been a complementing factor for
    mobile phone accessories. The demand for protective cases and covers is
    expected to be significantly high. Nearly 20% of mobile phone accessories sales
    are expected to concentrate in this segment.

    With the advent of 5G
    technology, consumers will have a better experience at the usage of smart
    devices owing to better connectivity and high-speed Internet, which is
    estimated to fuel the demand for smart devices in the near future.

    Key Takeaways from the Mobile Phone
    Accessories Market Study

    • FMI in its latest
      study has forecast the market to rise at a CAGR of ~6.7% between 2021 and 2031
    • The U.S. is expected
      to register impressive growth, accounting for above 78% of overall sales in
      North America
    • The U.K. is expected
      to register nearly 4% Y-o-Y growth in 2021
    • The demand from
      Germany and France is expected to rise considerably in response to the
      expansion of 5G networks
    • While China will
      remain leading market in East Asia, the demand from South Korea and Japan too
      is expected to rise at a swift pace

    “Market players are
    focusing on the expansion across eCommerce platforms such as Amazon, Walmart,
    and others to expand their footprint. Besides this, their investment towards
    innovation is increasing as well to launch products with advanced features,”
    says an FMI analyst.

    For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-112

    Increasing Focus on the Miniaturization of
    Electronic Devices

    Companies are focusing
    on introducing compact electronic components for printed circuit boards.
    This is intended to enhance the performance of devices such as smartphones as
    well as reduce the overall production cost.

    Moreover, they are
    expanding their footprint, especially in high-growth markets such as India and
    China through various mergers and acquisitions. Mobile phone accessories are
    increasingly adopted for improving the end-user experience of mobile phone
    users, which has contributed to the growing demand for mobile phone
    accessories.

    Impact of COIVD-19 & 2020 Market Analysis

    The COVID-19 outbreak
    has encouraged governments and organizations to take exceptional measures to
    deal with the ongoing crisis. Such measures have led to the implementation of various
    restrictions on movement and business, transitory closure of organizations, and
    required physical distancing for extended period of time.

    The COVID-19 pandemic
    has fundamentally reduced worldwide monetary action and has caused critical
    instability across various sectors. The COVID-19 pandemic and the measures
    taken by nations in response have adversely affected the mobile phone
    accessories business across the world.

    Who is winning?

    Some of the key
    players operating in the mobile phone accessories market are Samsung
    Electronics Co. Ltd., Logitech International S.A., Harman International
    Industries Incorporated, Plantronics Inc., Apple Inc., Sony Corporation, GN
    Group, Incipio Group, Western Digital Corporation, Kingston Technology Company
    Inc., Cambridge Soundworks Inc., Bscstore Inc., The Case Factory, TYLT,
    Ballistic, Moftware Inc., Seidio Inc., Skullcandy Inc., SincoCase International
    Industrial, Case Mate Inc., and among others. In order to gain competitive
    advantage, the market players are focusing on product launches. For instance:

    • In May 2020,
      Skullcandy Inc. had launched its new True Wireless earbuds-Push Ultra, Indy
      Evo, Indy Fuel, and Sesh Evo. This would help the company to attract more
      customers as the company had also added new features like wireless charging,
      solo bud use and Tile technology which would help the customer to experience
      unlike any other in the market.
    • In December 2020,
      Apple Inc. had launched AirPods Max, wireless headphones. The new AirPods Max
      has advanced software to power computational audio for a breakthrough listening
      experience with adaptive EQ, active noise cancellation, transparency mode, and
      spatial audio. This would help the customers to have a breakthrough listening
      experience.

    Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-112

    Get Valuable Insights into Mobile Phone
    Accessories Market

    Future Market
    Insights, in its new offering, provides an unbiased analysis of the global
    mobile phone accessories market, presenting historical demand data (2016-2020)
    and forecast statistics for the period from 2021-2031. The study divulges
    compelling insights on the mobile phone accessories market based on the
    packaging type (folding cartons, clear view boxes, pouches & bags,
    clamshells, blister packs, and trays), product type (power banks, batteries,
    chargers, wired, wireless, protective cases & covers, headsets, portable
    speakers, memory cards, data cables, mount & stands, selfie stick, and
    others), sales category (brands, 3rd parties, and  white
    labels/no-name brands), price range (premium, mid, and low), sales channel
    (retail outlets, electronic stores, franchise outlets, exclusive stores,
    e-Commerce) across seven major regions.

    More
    about Consumer Product Market Insights:

    Global Gaming Gadgets Market

    Secondhand Apparel Market

    Pet
    Care Market

    The increasing application of mobile phones and
    the expansion of 5G technology to ease operations and help in the smoother
    functioning of these devices are expected to have significant impact on mobile phone accessories market. According to a study by Future Market Insights
    (FMI), the market will surpass US$ 86.80 Bn by 2021.

    With the incorporation
    of IoT in households, a swift rise in the demand for mobile phone accessories
    has been witnessed, and this trend will continue in the near future. The
    emergence of 5G technology will also boost the demand for mobile phone
    accessories that work on augmented reality and virtual reality technology.

    To
    Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-112

    The high speed of 5G
    technology will provide a better experience of devices that are connected
    through wireless technology and will play a major role in driving the demand
    for wireless connectivity devices.

    In addition, growth in
    smart homes and smart appliances sales has been a complementing factor for
    mobile phone accessories. The demand for protective cases and covers is
    expected to be significantly high. Nearly 20% of mobile phone accessories sales
    are expected to concentrate in this segment.

    With the advent of 5G
    technology, consumers will have a better experience at the usage of smart
    devices owing to better connectivity and high-speed Internet, which is
    estimated to fuel the demand for smart devices in the near future.

    Key Takeaways from the Mobile Phone
    Accessories Market Study

    • FMI in its latest
      study has forecast the market to rise at a CAGR of ~6.7% between 2021 and 2031
    • The U.S. is expected
      to register impressive growth, accounting for above 78% of overall sales in
      North America
    • The U.K. is expected
      to register nearly 4% Y-o-Y growth in 2021
    • The demand from
      Germany and France is expected to rise considerably in response to the
      expansion of 5G networks
    • While China will
      remain leading market in East Asia, the demand from South Korea and Japan too
      is expected to rise at a swift pace

    “Market players are
    focusing on the expansion across eCommerce platforms such as Amazon, Walmart,
    and others to expand their footprint. Besides this, their investment towards
    innovation is increasing as well to launch products with advanced features,”
    says an FMI analyst.

    For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-112

    Increasing Focus on the Miniaturization of
    Electronic Devices

    Companies are focusing
    on introducing compact electronic components for printed circuit boards.
    This is intended to enhance the performance of devices such as smartphones as
    well as reduce the overall production cost.

    Moreover, they are
    expanding their footprint, especially in high-growth markets such as India and
    China through various mergers and acquisitions. Mobile phone accessories are
    increasingly adopted for improving the end-user experience of mobile phone
    users, which has contributed to the growing demand for mobile phone
    accessories.

    Impact of COIVD-19 & 2020 Market Analysis

    The COVID-19 outbreak
    has encouraged governments and organizations to take exceptional measures to
    deal with the ongoing crisis. Such measures have led to the implementation of various
    restrictions on movement and business, transitory closure of organizations, and
    required physical distancing for extended period of time.

    The COVID-19 pandemic
    has fundamentally reduced worldwide monetary action and has caused critical
    instability across various sectors. The COVID-19 pandemic and the measures
    taken by nations in response have adversely affected the mobile phone
    accessories business across the world.

    Who is winning?

    Some of the key
    players operating in the mobile phone accessories market are Samsung
    Electronics Co. Ltd., Logitech International S.A., Harman International
    Industries Incorporated, Plantronics Inc., Apple Inc., Sony Corporation, GN
    Group, Incipio Group, Western Digital Corporation, Kingston Technology Company
    Inc., Cambridge Soundworks Inc., Bscstore Inc., The Case Factory, TYLT,
    Ballistic, Moftware Inc., Seidio Inc., Skullcandy Inc., SincoCase International
    Industrial, Case Mate Inc., and among others. In order to gain competitive
    advantage, the market players are focusing on product launches. For instance:

    • In May 2020,
      Skullcandy Inc. had launched its new True Wireless earbuds-Push Ultra, Indy
      Evo, Indy Fuel, and Sesh Evo. This would help the company to attract more
      customers as the company had also added new features like wireless charging,
      solo bud use and Tile technology which would help the customer to experience
      unlike any other in the market.
    • In December 2020,
      Apple Inc. had launched AirPods Max, wireless headphones. The new AirPods Max
      has advanced software to power computational audio for a breakthrough listening
      experience with adaptive EQ, active noise cancellation, transparency mode, and
      spatial audio. This would help the customers to have a breakthrough listening
      experience.

    Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-112

    Get Valuable Insights into Mobile Phone
    Accessories Market

    Future Market
    Insights, in its new offering, provides an unbiased analysis of the global
    mobile phone accessories market, presenting historical demand data (2016-2020)
    and forecast statistics for the period from 2021-2031. The study divulges
    compelling insights on the mobile phone accessories market based on the
    packaging type (folding cartons, clear view boxes, pouches & bags,
    clamshells, blister packs, and trays), product type (power banks, batteries,
    chargers, wired, wireless, protective cases & covers, headsets, portable
    speakers, memory cards, data cables, mount & stands, selfie stick, and
    others), sales category (brands, 3rd parties, and  white
    labels/no-name brands), price range (premium, mid, and low), sales channel
    (retail outlets, electronic stores, franchise outlets, exclusive stores,
    e-Commerce) across seven major regions.

    More
    about Consumer Product Market Insights:

    Global Gaming Gadgets Market

    Secondhand Apparel Market

    Pet
    Care Market

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