ICT & Electronics Global Mobile Phone Accessories Market Outlook | Page 3

advanced mobile phone accessories in upper class families is also anticipated to
fuel the growth of global mobile phone accessories market. Additionally, growing
bring your own device (BYOD) trend is a key reason which is escalating the
expansion of smart phone market as well as mobile accessories market.
Increasing urban population
The global mobile phone accessories market is poised to display substantial
growth during the forecast period due to increasing urban population especially
in emerging economies such as China and India. Rising urban population is a key
factor which is likely to allow consumers to spend more on smart phone which in
turn expected to create significant demand for mobile phone accessories across
the globe.
However, availability of counterfeit products and brand awareness amongst the
population of rural areas are likely to hinder the growth of global mobile phone
accessories market during the forecast period. Further, presence of local vendors
and their low cost offering is also anticipated to restrain the growth of global
mobile phone accessories market over the forecast period.
The report titled “Global Mobile Phone Accessories Market Analysis &
Opportunity Outlook 2020” delivers detailed overview of the global mobile
phone accessories market in terms of market segmentation by product type, by
distribution channel, by price range and by region.
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Further, for the in-depth analysis, the report encompasses the industry growth
drivers, restraints, supply and demand risk, market attractiveness, BPS analysis
and Porter’s five force model.