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Global Mobile Phone Accessories Market Expected to Reach $255,149 Million by 2023, Says Allied Market Research
  • India - English

Allied Market Research (PRNewsfoto/Allied Market Research)

News provided by

Allied Market Research

May 22, 2018, 08:10 ET

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PORTLAND, Oregon and PUNE, India, May 22, 2018 /PRNewswire/ --

According to a new report by Allied Market Research, titled, "Global Mobile Phone Accessories Market by Product type, Distribution Channel, and Price Range: Global Opportunities Analysis and Industry Forecast, 2017-2025", the global mobile phone accessories market was valued at $217,278 million in 2016, and is projected to reach at $255,149 million by 2023, growing at a CAGR of 2.3% from 2017 to 2023.

     (Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg )

Mobile phone plays an important and vital role in modern day to day life. People add value to their mobile phones through different mobile accessories that enhance the functionality of the equipment as well as protect the phone from damage. Rise in demand for wireless accessories drives the growth of the mobile phone accessories market.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/1595

In 2016, the headphones type segment dominated the market, in terms of revenue, due to the strengthening economic condition and government initiatives to boost and support digital infrastructure, which further influences the mobile phone penetration across the market. This in result creates positive impact on the usage of headphones.

Asia-Pacific was the highest revenue contributor to the global mobile phone accessories market in 2016, accounting for around 46.50% share, due to the rapid technological advancements and increase in the adoption of smartphones.

The report features a competitive scenario of the global mobile phone accessories market and provides a comprehensive analysis of the key growth strategies adopted by major players. The key players profiled in the report are 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., and JVC Kenwood Corporation.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1595

Key Findings of the Mobile Phone Accessories Market: 

  • The headphones segment accounted for the highest share in 2016 with $60,743.0 million, growing at a CAGR of 2.5% from 2017 to 2025.
  • The offline segment generated the highest revenue, accounting for $157,332 million in 2016.
  • Asia-Pacific is expected to dominate the market, in terms of market share of 46.50%, during the forecast period.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. 

Similar Reports: 

Mobile Phone Signal Shielding Device Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

Pico Projector Market - Global Opportunity Analysis and Industry Forecast, 2017-2023

About Us 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
[email protected]

Web: https://www.alliedmarketresearch.com

SOURCE Allied Market Research

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