Global Mobile Phone Accessories Market Industry Analysis and Top Trends
Mobile phone accessories
are additional hardware components that are not integrated into the devices.
The accessories include batteries, earphones and headphones, portable speakers,
protective cases, screen protectors, wireless chargers, secure digital (SD)
cards, and others. They are used alongside mobile phones based on
compatibility.
As per the latest market research report published by Technavio, the global mobile phone accessories market size will grow by USD 22.21 billion during 2019-2023. The report offers
an analysis of the market based on product (protective cases, screen
protectors, headphones and earphones, wired chargers, power banks, portable
speakers, SD cards, wireless chargers, batteries, and other products).
Smartphone manufacturers,
government organizations, and telecommunication service providers are working
in collaboration to improve the telecommunication network infrastructure to
support high network bandwidth capacity. This is accelerating investments in
4G/5G networks and developments in 4G/5G compatible devices.
The growing investments in
telecommunication network infrastructure and the development in 4G/5G
compatible devices will accelerate the use of mobile phones for accessing
online and video content. This has provided an impetus of various network
technologies such as 4G and is paving the way for the forthcoming adoption of
high-speed 5G networks.
Hence, the increasing focus
on improving telecommunication network infrastructure is expected to be one of
the key trends in mobile phone accessories market supporting the growth of the global mobile phone accessories market at
a CAGR of 4.20% during the forecast period.
The mobile phones
accessories market research report further presents in-depth insights into the
growth prospects of the market across APAC, Europe, the Middle East and Africa,
North America, and South America. The report analyzes the market’s competitive
landscape and offers information on several companies including Anker
Innovations Limited, Belkin International, Inc., Incipio, SAMSUNG ELECTRONICS
CO., LTD., and Sony Corporation.To get the complete indepth analysis of this market click
below.
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