US mobile phone accessories market to reach $74.43 billion by 2026, growing at a CAGR of 13.7%: AMR

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Portland, OR, August 8, 2019 /PRNewswire/ — Allied Market Research released a report titled “U.S. mobile phone accessories market by product type (headphones, speakers, battery, power bank, battery case, chargers, protective case, screen protector, smart watch, fitness bracelets, memory card and AR and VR headsets): opportunity analysis and industry forecast, 2019-2026.“The report provides a detailed analysis of drivers and opportunities, changing market trends, competitive market scenario and market size and estimates. According to the report, the U.S. mobile phone accessories market was indexed on $28.52 billion in 2018 and should to hit $74.43 billion by 2026, the registration of a 13.7% CAGR from 2019 to 2026.

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Rising demand for mobile phones in the United States and rapid production of flexible, cost-effective and convenient handheld devices are fueling the growth of the US mobile phone accessories market. Additionally, there has been a surge in the use of advanced electronic devices in North America due to constant technological advancements and the growing need for LTE as well as cloud technologies. Finally, the fact that wireless accessories tend to offer seamless connectivity to the digital world is expected to create a number of lucrative opportunities for major players in the industry.

Headphone segment held the largest share in 2018-

By product type, the headphone segment contributed almost a quarter of the total market revenue in 2018 and is expected to maintain its lion’s share during the study period. The availability of improved technological advancements in headphones has spurred growth. AR and VR headsets, on the other hand, are expected to grow at the fastest CAGR of 37.0% throughout 2019-2026. Growing player population in the region is expected to propel the growth of the segment.

Key Industry Players-

the key market players analyzed in the report include Bose Corporation, BYD Company Limited, Energizer Holdings, Inc., Panasonic Corporation, Apple Inc., Sony Corporation, Samsung Electronics Co. Ltd., JVC Kenwood Corporation, Plantronics, Inc. and Sennheiser Electronics GMBH & Co. KG . Incorporating a number of high-end strategies including expansions, mergers and acquisitions, partnerships, joint ventures, collaborations, and others, these market players have become able to strengthen their position in the industry.

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Allied Market Research (AMR) is a full-service market research and business advisory wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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