India Aftermarket Mobile Phone Accessories Market Outlook 2020

Submitted by: Submitted by

Views: 10

Words: 672

Pages: 3

Category: Business and Industry

Date Submitted: 02/01/2016 01:57 AM

Report This Essay

Market reports on India presents the latest report on “ India Aftermarket Mobile Phone Accessories Market Outlook 2020” http://www.marketreportsonindia.com/technology-media-market-research-reports-13574/india-aftermarket-mobile-phone-accessories.html The mobile phone accessories market is totally dependent upon the smartphone sale in the country.

01St Feb 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “India Aftermarket Mobile Phone Accessories Market Outlook 2020”. The report encompasses the mobile phone accessories manufacturers, their product offerings, market acceptance level of accessories like earphones, cases.

This study examines the India Aftermarket Mobile Phone Accessories Market in India and its future outlook by 2020. The mobile phone accessories market is totally dependent upon the smartphone sale in the country. The growth in the sale of mobile phone accessories is directly proportional to the smartphone sales. India mobile featured phone market is expected to register at a compound annual growth rate (CAGR) of 2.6% during 2014 to 2020. On the other hand, smartphone market is expected to show an astonishing CAGR of 21.4% during the same forecast period. Factors like, continuous fall in average selling price of the smartphones, burgeoned online video viewing, hiked penetration of services like WhatsApp, e-commerce websites for shopping and introduction of services like 3G and 4G network in the country are driving people to shift from featured phones to smartphones across the country. The report encompasses the mobile phone accessories manufacturers, their product offerings, market acceptance level of accessories like earphones, cases, mobile phone stands, splitters, earphone extension cable, cases, power banks, headsets, portable speakers, chargers and batteries. Out of all above mentioned accessories, at 22.5%, trendy mobile phone cases, covers and skins accounted for the largest share followed by the...