Member Article

The Future of Mobile Phone Accessories

Since the cradle of mobile phones people have come up with an intense urge for its accessories. These accessories facilitate the performance, maintenance and features of mobile handsets. These Accessories include earphones, Bluetooth headsets, portable chargers, power bank, protective covers/cases; screen guards etc. 80 out of 100 people are fond of using mobile phone accessories suiting their taste and need. Mobile phone accessories are making high growth in the market due to changing lifestyles; technological innovations and the requirement for apt maintenance of the expensive devices. Accessories have become an indispensable asset in everyone’s life.

Mobile phone accessories revenue is likely to increase this year in comparison to 2015. It is predicated to reach the mark of 66 Billion US Dollar in 2016 against the earned revenue of 62 Billion US Dollar in 2015. This is obviously clear and visible sign of growing demand and requirement in the mobile phone accessories like mobile/smart phone cases, chargers, screen guards etc.

They Say “Necessity is the mother of all inventions.” Since the market demand of mobile phone has hugely increased hence big companies like SONY, SAMSUNG, LG, APPLE, NOKIA and other manufacturers have joined the competition to come up with an innovative, conceptual designs, dynamic technology and flexible models.

Increasing smart phones business especially in developing countries in sync with the advancement of new technology, type and robust handsets have led the foundation and necessity of creating styled and protective accessories. With the mobile manufacturers, companies (like Uunique London) manufacturing accessories like smart phone cases, earphones, chargers, power bank etc are joining the party to back up the production and purchase of mobile phones. Seeing the high profit margin and increasing demand of mobile phones accessories, even mobile manufacturers themselves are launching their own accessories along with their mobile handsets to boost up their sales.

The nature of mobile phone sector is dynamic and fluctuating with the frequent releases in fresh features, accessories & handsets, giving rise to the need for customized screen guards and protective covers. Mobile Phone Case and other accessories are booming and shaping the global market now a day for the same reason.

The mobile phone accessories market has been tremendously dominated and ruled by protective smart phone and mobile cases, earphones/headphones and chargers for a long time and it is being continued the same way today as well. Demand of Wireless accessories is growing these days while power bank’s demand has also substantially increased since their usage has gotten in to the picture.

Preference for simplicity, style, comfort and protection especially in the segment of ear phones, chargers and phone cases have been increasing to a great extent. Owing to the competitive and reasonable price, these accessories are certainly ruling the planet. Even some people prefer them irrespective of their higher prices when they are getting the value for their taste and requirement.

The transition is expected to be outstanding in the mobile cases; earphone and headphone market domain in the next coming years and in the next decade market share of wired accessories is anticipated to gain 10% of remarkable revenue share.

The urge, trends and innovation in mobile accessory market imply to the development of accessories for the purpose of fashion, convenience, storage, style, comfort and protection.

To the conclusion future of mobile phone accessories seems broad and bright in the upcoming years.

This was posted in Bdaily's Members' News section by Christina Grist .