Online Channels to hold 73% Revenue Share of Smartphone Accessories Market by 2024


Posted August 30, 2019 by Steveblade

Online sales of smartphone accessories were valued at USD 41.59 billion in 2015. Online distribution channel projected to hold 73% revenue share of smartphone accessories market in 2024.

 
The smartphone accessories market is likely to grow to USD 104.31 bn by 2024, according to Goldstein Research’s recent “Smartphone Accessories Market Outlook, 2017-2025”. The market is primarily acquired by mid-range and low-range products by volume, though premium ranged accessories are contributing in generating large revenue.
Goldstein Research analysts predict Asia Pacific region is to account for over 53% market share by 2024. Asia pacific smartphone accessories market was valued at USD 28.7 billion in 2015. Emerging economies such as India, China, Thailand and Indonesia are powering the demand for smartphone accessories in regional and local market.
The report points to changing lifestyle and rising accessibility to the digital world as major driving forces behind the fast growth of smartphone accessories in Asia-pacific. Report adds that rising inclination towards gaming and entertainment application is increasing the demand for wireless accessories all across the globe. Furthermore, availability of fashionable and trendy accessories with advanced innovative technologies has created demand among different age groups.
Learn more @ https://www.goldsteinresearch.com/report/smartphone-accessories-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
Market Segmentation
Global Smartphone Accessories Market is categorized on the following basis:
• Based on Price
o High-Range
o Mid-Range
o Low-Range
• Based on products
o Protective Phone case
o Screen Protector
o Power Bank
o Earphones/Headphones
o Chargers
o Speakers
o Others (Selfie-sticks, memory card, battery etc)
• Based on Distribution Channel
o Online Channel
o Offline Channel
• Based on Geography
o North America (U.S. & Canada)
o Latin America (Brazil, Mexico & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World
“Global Smartphone Accessories Market Outlook, 2025” by Goldstein Research contains detailed overview of the global smartphone accessories market in terms of market segmentation by prices, by product and by distribution channel.
Further, for the in-depth analysis, it encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
The study also provides competitive outlook of some of the major players of global smartphone accessories market which includes profiling of companies such as Apple Inc., Smasung Electronics Co. Ltd., Sennheiser Electronics GmbH & Co., Sony Corporation, Bose Corporation, Energizer Holdings Inc., Panasonic Corporation, BYD Company Limited, JVC Kenwood Corporation, Incipio LLC, Plantronics Inc., Philips N.V., Motorola, Inc., Belkin International, Inc., Logitech International SA, Targus Group International Inc., Zagg Inc, Otter Products LLC, Incase Design Corp., Kensington, Griffin Technology and Case Logic. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Get market report sample @ https://www.goldsteinresearch.com/request-sample/smartphone-accessories-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our analysts working on Hardware and ICT industry market reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Categories Business , Electronics , Research
Tags smartphone_accessories_market
Last Updated August 30, 2019