Smart Phone Accessories Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Power Banks, Earphones and Headsets, Chargers, Others); Sales Channel (Online, Offline) and Geography
Report Code: TIPRE00009147
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
The smart phone accessories are gaining traction on account of massive production and penetration of smartphones across the globe. The use of accessories significantly enhances the smartphone experience. Most commonly looked for accessories for smartphones include protective covers, power banks, and earplugs. The rapid adoption of smartphones in developing countries such as India and China is likely to fuel the growth of the smart phone accessories market in the Asia Pacific region during the forecast period. The major market players are seen to engage in new product developments and launches actively.
The "Global Smart Phone Accessories Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the smart phone accessories market with detailed market segmentation by product type, sales channel, and geography. The report provides key statistics on the market status of the leading smart phone accessories market players and offers key trends and opportunities in the market.
Based on product type, the global smart phone accessories market is segmented into power banks, earphones and headsets, chargers, and others.
On the basis of sales channel, the market is segmented into online and offline.
MARKET DYNAMICS Drivers:
The smart phone accessories market is anticipated to grow in the forecast period owing to driving factors such as increasing penetration of smartphones, coupled with the rise in the per capita income of consumers.
Surge in the usage of smart wireless accessories is likely to fuel market growth.
Rapid technological advancements are expected to showcase opportunities for the smart phone accessories market in the future.
Counterfeit alternatives may hamper the growth of the smart phone accessories market during the forecast period.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The smart phone accessories market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the smart phone accessories market in these regions.
IMPACT OF COVID-19 ON SMART PHONE ACCESSORIES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the smart phone accessories market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from smart phone accessories market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smart phone accessories market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Koninklijke Philips N.V.
Sennheiser electronic GmbH & Co. KG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Apple Inc.
2. Bose Corporation
3. Koninklijke Philips N.V.
4. LG Electronics
6. Panasonic Corporation
8. Sennheiser electronic GmbH & Co. KG
9. Sony Corporation