A mobile phone is a wireless handheld device that allows users to establish any form of connectivity. Mobile phone plays an important and vital role in modern day to day life. Nowadays, mobile phones allow users to access internet, take pictures, and listen to music, as well as feature as storage devices. People also 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.
The increase in the demand for wireless accessories such as portable mobile speakers and Bluetooth handsets, is one of the major factors that drives the growth of the market. At present, it has been observed that people prefer to listen to music on portable devices such as smartphones and tablets through music streaming platforms, which include YouTube and SoundCloud.
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In addition, advancements in smartphone market such as wireless charging and quick charge facility have aided in overcoming the issues of battery life in smartphones. The technologies such as quick charging is enabling smartphones to restore their battery backup in less than 30 minutes, which reduces the usage of power banks, as an external battery source. So, these technologies such as wireless charging are assisting the demand for wireless accessories in the U.S., which further drives the growth of the U.S. mobile phone accessories market.
The U.S mobile phone accessories market is analyzed across product type. Based on product type, the market is analyzed across headphones, speakers, battery, power bank, battery case, chargers, protective case, screen protection, smart watch, fitness band, memory card, and AR & VR headsets.
The key players profiled in the report include Apple Inc., Bose Corporation, BYD Company Limited, Energizer Holdings, Inc., JVC Kenwood Corporation, Panasonic Corporation, Plantronics, Inc., Samsung Electronics Co. Ltd., Sennheiser Electronics GMBH & Co. KG, and Sony Corporation.
These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
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KEY BENEFITS FOR STAKEHOLDERS
• This study includes the analytical depiction of the U.S. mobile phone accessories market forecast along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information regarding the key drivers, restraints, and opportunities.
• The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
U.S. MOBILE PHONE ACCESSORIES MARKET SEGMENTATION
BY PRODUCT TYPE:
• Power Bank
• Battery Case
• Protective Case
• Screen Protection
• Smart Watch
• Fitness Bands
• Memory Card
• AR & VR Headsets