Sl-No-6-1140x300

Mobile Phone Accessories Market in Asia-Pacific and the Middle East is about to Reach $154.8 Billion by 2027

In recent times, the global market of Smartphones is increasing day by day so as its accessories. The more advanced smartphones, the more advance will be its accessories. There are so many things right now in the market, such as phone cases, screen protectors, external batteries, earphones, and so on. The demand is also increasing with time. The smartphone manufacturers are making premium smartphones and to protect them from severe damage, users need to use phone cases, screen protectors, all the time. Apart from this, most of the flagship smartphones at this time are not supporting any kind of 3.5mm headphone jack. That’s why users need to buy a Bluetooth earphone or a TWS externally.

If we check the statistics, the market of the Middle East and APAC zones have made  US$117.8 billion in 2019 by retailing these accessories. It is expected that in the next seven years this market will grow to nearly $155 billion, at an annual compound rate of 3.6%.

Moreover, in the current pandemic situation of 2020, most of the offices and organizations have chosen the path of “Work from Home”. That’s why the market of wireless devices has been literally increased at this time. The COVID-19 has become a blessing in disguise in that case.

If we check the names of some of the key Market Players:

  • Panasonic Corporation
  • Sony Corporation
  • Sennheiser Electronic GmbH & Co. KG
  • Apple Inc.
  • Samsung Electronics Co. Ltd.
  • BYD Co. Ltd.
  • Bose Corporation
  • Energizer Holdings Inc.
  • Plantronics Inc.
  • JVC Kenwood Corporation

According to some reports, Australia/New Zealand will be the most prominent sub-region for the market by 2027. It will represent a total share of over 10%. On the other hand, the Middle East is projected to become the fastest-growing zone, with a CAGR of 7.6%. In the upcoming days, Panasonic, Apple, and Sony will gain the same footholds in this region.

Source

Consumables-1000x240

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Electronics-1000x180

Related Articles

Samsung Galaxy S21 design and measurements revealed: Leaks

After the launch of Galaxy S20 and S20FE, it is rumored that the South Korean tech giant Samsung is looking to launch...

Apple iPhone 12 Pro Could Be manufactured in India, Brazil, China

Apple iPhone 12 series has already launched globally a couple of days ago. But the main disappointment for the fans of iPhones...

Xiaomi Mi 11 to be launched with Snapdragon 875 SoC

As per the reports, Xiaomi is about to launch the Mi 11 smartphone in the upcoming days. The most important thing is,...

Stay Connected

13,642FansLike
354FollowersFollow
80FollowersFollow
- Advertisement -Mobile-600x450

Hot Topics

TV-Appliances-600x450

Latest Articles

Manchester United has identified Cavani replacement for long term

Manchester United has identified a potential long term replacement of Edinson Cavani. Cavani has joined United on the deadline day in a...

Joel Matip muscle injury scans could provide another blow to Liverpool’s hopes after losing Van Dijk to long-term layoff

Liverpool could potentially be left with one fit senior centre-back in Joe Gomez, as Joel Matip is set to undergo scans on...

Van Dijk to undergo knee surgery after ACL injury confirmed

Only 6 minutes into one of the most highly anticipated Merseyside derbies in recent memory, Jordan Pickford executed a horrendous tackle on...

Ronald Koeman confirms he wants Memphis Depay at Barcelona

A transfer that was heavily rumoured ever since the appointment of Ronald Koeman as Barcelona boss is now set to be completed...

SC East Bengal announce the signing of Jacques Maghoma from Birmingham City

Preparing for their debut season in the 20/21 campaign of the Hero ISL, SC East Bengal have announced the signing of former...
Home-Kitchen-600x450

Trending

PES 2021 Mobile: Pre-open period is now open!

Konami hasn't released a new Pro Evolution Soccer (PES) game for PC this year. PES has given a season update as PES...

How to watch Live TV channels for free on your Android TV

Android TVs are getting more and more popular these days as they give you the flexibility to choose your content by your...

Apple iPad Air 4 now available in India via Apple Online Store

Need the revolutionary new iPad Air? Waiting for almost a month for it? The wait is over because finally Apple iPad Air...

France Football Ballon d’Or Dream Team: Defensive and Offensive midfielder nominees revealed

The Coronavirus pandemic has wreaked havoc in the whole world. So, in this current scenario, France Football decided to cancel the 2020...

Featured

Samsung 9925 SoC could most likely sport a powerful Graphics from AMD

Samsung, the South Korean tech giant, is proud of its Exynos processors. These wafers have allowed the company to allow its Smartphones...

Microsoft is the most used name by Hackers in the September quarter

In earlier days, during the June quarter, cybercriminals mostly use Google and Amazon's names for phishing attacks. Later, in the quarter of...

Reliance Jio to launch affordable 5G smartphones in India soon

The Ambani led Reliance-Jio is India’s leading telecom. The 4G network offered by the company is widely available across India with over...

Logitech G brings new G733 Wireless Gaming Headset at ₹ 15,495

Logitech's gaming division Logitech G has brought a new gaming headset that is both premium and efficient for gamers. The G733 LIGHTSPEED Wireless Gaming...