Global Mobile Phone Accessories Market by Product type, Distribution Channel, and Price Range: Global Opportunities Analysis and Industry Forecast, 2017-2025 The global mobile phone accessories market was valued at $217,278 million in 2016, and is projected to reach at $255,149 million by 2023, growing at a CAGR of 2.3% from 2017 to 2023. Mobile phone plays an important and vital role in modern day to day life. People 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. Rise in demand for wireless accessories drives the growth of the mobile phone accessories market. Access Full Summary at : https://www.alliedmarketresearch.com/mobile-accessories-market In 2016, the headphones type segment dominated the market, in terms of revenue, due to the strengthening economic condition and government initiatives to boost and support digital infrastructure, which further influences the mobile phone penetration across the market. This in result creates positive impact on the usage of headphones. Asia-Pacific was the highest revenue contributor to the global mobile phone accessories market in 2016, accounting for around 46.50% share, due to the rapid technological advancements and increase in the adoption of smartphones. The global mobile phone accessories market is segmented based on product type, distribution channel, price range, and region. Based on product type, the market is divided into battery, headphone/earphone, portable speaker, charger, memory card, power bank, battery case, protective case, and others (USB cable and selfie stick). Based on distribution channel, it is bifurcated into online and offline. By price range, it is segmented into premium, mid, and low. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America and Middle East (LAMEA). Request Sample Copy of Mobile Phone https://www.alliedmarketresearch.com/request-sample/1595
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Key Findings of the Mobile Phone Accessories Market:
The headphones segment accounted for the highest share in 2016 with $60,743.0 million, growing at a CAGR of 2.5% from 2017 to 2025. The offline segment generated the highest revenue, accounting for $157,332 million in 2016. Asia-Pacific is expected to dominate the market, in terms of market share of 46.50%, during the forecast period.